As election season keeps politicians busy in addition to their usual legislative duties, Republican Rep. Marjorie Taylor Greene of Georgia hasn’t lost sight of growing her stock portfolio. The Peach State representative has been steadily adding to new positions in recent months, showing interest in everything from artificial intelligence (AI) stocks to Vanguard funds.
In the last round, Greene increased his exposure to AI in a variety of ways, buying back shares of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Crowd strike (NASDAQ: CRWD), Nvidia (NASDAQ: NVDA)And Tesla (NASDAQ: TSLA)Although Greene did not disclose the exact amount she invested in each stock, her regulatory filing reveals that each transaction was valued between $1,001 and $15,000.
Again and again the same beautiful names (and others)
Looking back at her stock purchases over the past few months, investors will see that Greene clearly has a soft spot for AI-related stocks, particularly the Magnificent Seven. In fact, during her latest buying spree, Greene built larger positions in stocks she had already purchased. Greene bought back shares of Alphabet, Amazon, and Nvidia on September 3, after purchasing the same shares on August 21. Greene did not disclose her motivation for this move, but it is possible that she sensed a buying opportunity. Alphabet, Amazon, and Nvidia fell 5%, 2%, and 16%, respectively, between August 21 and September 3.
While there’s no clear explanation for Alphabet’s stock drop at this point, it may simply be an extension of the market’s skepticism about Alphabet’s future after losing a major antitrust lawsuit over the summer. As for Amazon, investors may have reacted pessimistically to Reuters reporting on Aug. 29 that some Amazon workers would join a Teamsters strike over unfair labor practices that was spreading across multiple states. And investors likely hit the sell button on Nvidia shares after the company failed to meet sky-high market expectations for its second-quarter 2025 financial results.
Apple is another stock from the Wonderful Seven that has once again found its way onto Greene’s buy list. Greene previously bought shares of the tech superstar in May, and it’s possible she chose to increase her position in September after a slight selloff following news that Warren Buffett had cut Berkshire Hathaway position at Apple.
While not a Magnificent Seven stock, CrowdStrike is another repeat buy that Greene had bought before — this time in June. Perhaps sensing another bargain, Greene may have seen value in the cybersecurity specialist, whose stock plunged after it was blamed for much of the global internet outage in July.
Driving in a new direction
In taking his first trip in an electric vehicle, Greene added Tesla stock to his portfolio, a stock that gives him even greater exposure to the burgeoning field of artificial intelligence. In addition to offering Tesla drivers the ability to drive autonomously through its AI-powered Full Self-Driving Mode, Tesla has committed to developing humanoid robots with artificial intelligence.
Despite its stock falling in late July and early August, Tesla revived some investors’ hopes in August when they learned that sales of the company’s Cybertruck were strong in July — an auspicious sign for a stock that many had decried after the company reported its second-quarter 2024 financial results.
What’s a Main Street Investor to Do?
While it may be wise to look at politicians’ stock buying and selling, it’s never wise to blindly follow their actions. Instead, investors should rely on using knowledge of politicians’ stock movements as a starting point for engaging in more in-depth research. Still, Greene’s recent stock picks are all interesting things to consider right now, as these six stocks are industry leaders that offer investors different types of exposure to AI.
For those looking to bolster their holdings in a cybersecurity leader, CrowdStrike is an attractive option, even after the July incident. Likewise, with bearish sentiment surrounding Alphabet following its lost antitrust lawsuit, now may be a good time to buy shares for those with long-term investment horizons who don’t find short-term volatility daunting. And as for Amazon, the company continues to report strong financial results from its Amazon Web Services business as well as its other offerings, prompting even billionaires to hit the buy button.
Apple, Nvidia, and Tesla, on the other hand, are three AI giants that continue to dominate their respective fields and deserve consideration by investors with different types of investment goals.
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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Scott Levine has no positions in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Berkshire Hathaway, CrowdStrike, Nvidia and Tesla. The Motley Fool has a disclosure policy.
Marjorie Taylor Greene Is Loading Up On Stocks Again; Here Are the 6 Stocks She Just Bought was originally published by The Motley Fool
