Now that the days of summer are behind us, temperatures are starting to drop as we approach sweater weather. But one thing that has refused to cool is the stock buying activity of Rep. Marjorie Taylor Greene, Republican of Georgia.
Adding to a series of stock purchases from earlier in September, Greene continued to expand her portfolio, reporting in a recent regulatory filing that she 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 Plot Employ (NYSE:UPS). The exact amount Greene invested in each of the stocks was not disclosed; however, its regulatory filing acknowledges that each transaction had a value between $1,001 and $15,000.
The wheels keep turning with AI investments
Like many investors, Greene has shown great enthusiasm for artificial intelligence (AI) stocks in recent months. Alphabet, for example, consistently appears on Greene’s buy list. The latest purchase of Alphabet stock on September 20 marks its third purchase since it first purchased shares of Google’s parent company on August 21.
Similarly, Greene recently added to her Intel position (which she initiated in August) with a September 20 purchase of the semiconductor stock. So far, the investment has proven profitable, as Intel’s stock has risen nearly 10% since its most recent purchase. Greene’s AI investments are completed with Microsoft. After picking up shares in April, Greene bought Microsoft shares again in late September. In addition to the AI ​​exposure, the Microsoft investment will provide an increase in passive income, as the company announced a 10% dividend increase on September 16.
Better-known names find their way into the portfolio
It wasn’t just AI-related positions that Greene decided to expand on September 20. First, the Peach State representative opted to pick up more shares of Berkshire Hathaway, a stock she had previously purchased in April. Berkshire Hathaway is a great long-term investment and will help Greene offset some of the volatility she may experience with the technology stocks she has purchased. For example, over the past thirty years, the S&P 500 is up 789%, while Berkshire Hathaway is up about 1,870%.
UPS is another stock in which Greene has steadily built a position. Greene first purchased UPS stock in July 2024 and twice in September 2024. In addition to gaining increasing exposure to a leading supply chain stock, Greene generates a more robust passive income stream as UPS stock currently has a forward dividend of 4. have 9%.
A new face in the crowd
Greene doesn’t often buy equipment stocks, so the fact that Southern Copper appeared on her list of recent purchases was a bit surprising. Well, maybe not that surprising. The company is an excellent investment opportunity for exposure to – you guessed it – copper. And copper is in high demand as AI gains continue, because the metal is critical to the data centers where AI computing takes place. According to metal-producing powerhouse BHP GroupFor example, annual global demand for copper will rise to 52.5 million tons by 2050, a notable increase from 30.4 million tons in 2021.
With Greene harboring such enthusiasm for AI through her other investments, her interest in buying Southern Copper stock is clearly not all that unexpected.
Should you follow Greene’s example and make the same purchases?
Just like monitoring the stock picks of billionaires and industry insiders, keeping an eye on the stock picks of politicians is an excellent tactic. Yet experienced investors will advise you that simply copying their stock moves – or anyone else’s stock trades for that matter – is foolhardy and not a recommended investment strategy.
In the case of Greene’s recent purchases, investors motivated to gain exposure to AI would be wise to consider Alphabet, Intel and Microsoft – all three of which are market leaders. And Southern Copper is also a valuable consideration for a different approach to the fast-growing AI industry.
Likewise, it’s hard to argue against following Greene into investing in Berkshire Hathaway, given Buffett’s reputation as one of the most successful investors of all time. As for UPS, the threat of a dock workers strike could put pressure on the stock and lead to some volatility in the near term. For those with a longer time horizon, this could be a good opportunity to pick up quality stocks at a discount.
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Suzanne Frey, a director 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 holds 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 to Microsoft, short January 2026 $405 calls to Microsoft, and short November 2024 $24 calls to Intel. The Motley Fool has a disclosure policy.
Marjorie Taylor Greene continues to expand her portfolio. Here are six stocks she just bought. was originally published by The Motley Fool
