Marjorie Taylor Greene Continues Adding to Her Portfolio. Here Are 6 Stocks She Just Bought.

Source The Motley Fool

With the dog days of summer behind us, temperatures are starting to dip as we approach sweater weather. But something that has refused to cool down is the stock-buying activity of Rep. Marjorie Taylor Greene, Republican from Georgia.

Complementing a variety of stock buys from earlier in September, Greene continued to build out her portfolio, reporting in a recent regulatory filing that she bought Alphabet (NASDAQ: GOOG), (NASDAQ: GOOGL), Berkshire Hathaway (NYSE: BRK.A), (NYSE: BRK.B), Intel (NASDAQ: INTC), Microsoft (NASDAQ: MSFT), Southern Copper (NYSE: SCCO), and United Parcel Service (NYSE: UPS). The exact amount that Greene invested in each of the stocks was not disclosed; however, her regulatory filing acknowledges that each transaction was valued between $1,001 and $15,000.

Wheels keep on turning with AI investments

Like so many investors, Greene exhibited considerable enthusiasm for artificial intelligence (AI) stocks over the past few months. Alphabet, for example, consistently appears on Greene's buy list. The most recent purchase of Alphabet stock on Sept. 20 is the third such purchase since she first picked up shares of Google's parent company on Aug. 21.

Similarly, Greene recently added to her Intel position (one that she initiated in August) with a Sept. 20 purchase of the semiconductor stock. So far, the investment has proven to be profitable as Intel stock rose nearly 10% since her most recent purchase. Rounding out Greene's AI investments is Microsoft. After picking up shares in April, Greene bought Microsoft stock again in late September. In addition to AI exposure, the Microsoft investment will provide an increase in passive income as the company announced a 10% increase to its dividend on Sept. 16.

More familiar names find their way into the portfolio

It wasn't only AI-related positions that Greene decided to add to on Sept. 20. For one, the Peach State representative chose to pick up more shares of Berkshire Hathaway, a stock that she had previously bought in April. A stellar long-term investment, Berkshire Hathaway helps Greene to offset some of the volatility that she may experience with the tech stocks that she purchased. Over the past 30 years, for example, the S&P 500 rose 789%, while Berkshire Hathaway soared about 1,870%.

UPS is another stock in which Greene has steadily grown a position. Greene first bought UPS stock in July 2024 and twice in September 2024. In addition to gaining increasing exposure to a leading supply chain stock, Greene is generating a more robust passive income stream as UPS stock currently has a 4.9% forward-yielding dividend.

A new face in the crowd

Greene doesn't often buy materials stocks, so the fact that Southern Copper popped up on her list of recent buys was a little surprising. Well, maybe not so surprising. The company is a premier investment opportunity for exposure to -- you guessed it -- copper. And copper is in high demand as the AI boon continues since the metal is critical to the data centers where AI computing occurs. According to metal-producing powerhouse BHP Group, for example, annual global copper demand will rise to 52.5 million tons by 2050, a notable increase over 30.4 million tons in 2021.

With Greene espousing such strong enthusiasm for AI through her other investments, her interest in buying Southern Copper stock is clearly not that unexpected.

Should you follow Greene's lead and make the same buys?

Like monitoring the stock picks of billionaires and industry insiders, keeping eyes on politicians' stock choices is an excellent tactic. Yet experienced investors would advise you that simply copying their stock moves -- or any individual's stock trades for that matter -- is foolhardy and not a recommended investing strategy.

In the case of Greene's recent purchases, though, investors motivated to gain AI exposure would be smart to consider Alphabet, Intel, and Microsoft -- all three of which are industry leaders. And Southern Copper is also a worthwhile consideration for a different approach to the burgeoning AI industry.

Similarly, it's hard to argue against following Greene into a Berkshire Hathaway investment considering Buffett's reputation as one of the most successful investors of all time. With regards to UPS, the threat of a longshoreman strike may pressure the stock and lead to some volatility in the near term. For those with longer time horizons, this may present a good opportunity to scoop up a quality stock at a discount.

Should you invest $1,000 in Berkshire Hathaway right now?

Before you buy stock in Berkshire Hathaway, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Berkshire Hathaway wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $716,988!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of September 30, 2024

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Berkshire Hathaway, and Microsoft. The Motley Fool recommends Intel and United Parcel Service and recommends the following options: long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short November 2024 $24 calls on Intel. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin CME gaps at $35,000, $27,000 and $21,000, which one gets filled first?Prioritize filling the $27,000 gap and even try higher.
Author  FXStreet
Aug 21, 2023
Prioritize filling the $27,000 gap and even try higher.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, Mon
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
Nvidia vs. Broadcom: Which Is the Better AI Chip Stock to Own in 2025?When it came to artificial intelligence (AI) infrastructure in 2024, Nvidia (NASDAQ: NVDA) reigned supreme.
Author  The Motley Fool
Dec 19, Thu
When it came to artificial intelligence (AI) infrastructure in 2024, Nvidia (NASDAQ: NVDA) reigned supreme.
placeholder
American Express: Buy, Sell, or Hold?American Express (NYSE: AXP) shares have been on an absolute tear. In the past 14 months, they have catapulted 100% higher (as of Dec. 16), consistently hitting fresh all-time high
Author  The Motley Fool
23 hours ago
American Express (NYSE: AXP) shares have been on an absolute tear. In the past 14 months, they have catapulted 100% higher (as of Dec. 16), consistently hitting fresh all-time high
placeholder
US Dollar hits fresh two-year high ahead of PCE inflationThe US Dollar (USD) retreats slightly on Friday, with the DXY Index trading at around 108.20 after eking out another fresh two-year high of 108.55 during the Asian-Pacific trading session. The move was supported by rising US Treasury yields, widening
Author  FXStreet
23 hours ago
The US Dollar (USD) retreats slightly on Friday, with the DXY Index trading at around 108.20 after eking out another fresh two-year high of 108.55 during the Asian-Pacific trading session. The move was supported by rising US Treasury yields, widening
goTop
quote