Finance Insights: Marjorie Taylor Greene's Recent Stock Trades

Marjorie Taylor Greene's Stock Trading Activity

Congresswoman Marjorie Taylor Greene has extended her 2024 stock trading momentum, this time disclosing almost a dozen trades in diverse sectors. Filings dated October 22, 2024, indicated that the politician executed a series of trades on October 21, investing between $1,001 and $15,000 in several blue-chip companies.

Key Trades in Major Corporations

• ASML Holding (NASDAQ: ASML)
• Berkshire Hathaway (NYSE: BRK.A)
• Blackstone (NYSE: BX)
• Caterpillar (NYSE: CAT)
• Home Depot (NYSE: HD)

Greene’s preference for technology stocks is notable, with recent purchases in Intel Corporation (NASDAQ: INTC) and Microsoft Corporation (NASDAQ: MSFT). The technology sector has dominated the stock market in 2024, lifting the S&P 500 to record highs.

Her recent portfolio update also includes Nestlé S.A. (NSRGY), Tesla (NASDAQ: TSLA), and Visa (NYSE: V). Greene has also executed transactions worth almost $120,000, which included stakes in Applied Materials (NASDAQ: AMAT), Meta Platforms (NASDAQ: META), and more.

Controversies and Strategies

A review of Greene’s trading activity indicates a preference for a dollar-cost averaging strategy, gradually building her positions in various stocks. However, her past investments have not always yielded positive results, as she has faced losses on certain equities such as CrowdStrike (NASDAQ: CRWD).

Debate Over Congressional Trading Practices

Greene's trading activities have sparked controversy similar to those surrounding other politicians, with discussions on potential insider information usage. Oregon Democratic Senator Jeff Merkley has pushed for legislation to bar Congress members from trading stocks, citing ethical concerns.