If you put $1,000 in a Marjorie Taylor Greene portfolio at the start of 2024, here’s your return now
The post If you put $1,000 in a Marjorie Taylor Greene portfolio at the start of 2024, here’s your return now appeared on BitcoinEthereumNews.com.
U.S. politicians often capture public interest with their stock market trades, inspiring some investors to mimic their strategies to achieve similar results. Among them, Representative Marjorie Taylor Greene, a Republican from Georgia’s 14th congressional district, has had a particularly intriguing investment journey. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal While her earlier trading history was met with skepticism—giving rise to jokes about an ‘inverse Marjorie’ approach akin to the ‘inverse Cramer’ ETF—2024 marked a significant shift in her portfolio performance. With a renewed emphasis on big tech and a more diversified investment strategy, Greene’s portfolio performance saw notable improvement, defying the narrative of her earlier missteps. While replicating Marjorie Taylor Greene’s extensive portfolio may not be feasible, a closer look at her key investments offers valuable insights into her evolving strategic approach. Here’s a breakdown of how three of her most significant holdings fared in 2024. Tesla (NASDAQ: TSLA) Tesla (NASDAQ: TSLA) accounted for 4.91% of Representative Marjorie Taylor Greene’s portfolio, marking it a key contributor to her investment performance. After a sluggish start in early 2024, Tesla’s stock surged 68% by the year’s end, closing at $403.84. The rally was largely attributed to Donald Trump’s re-election and a strengthened political alliance between Elon Musk and Trump, which reignited investor optimism about Tesla’s prospects. Tesla’s one-year stock price. Source: Google Finance However, Tesla faced headwinds in early 2025, with its stock dropping to $394 by January 8 following a report that the National Highway Traffic Safety Administration (NHTSA) had launched an investigation into 2.6 million Tesla vehicles with the ‘Actually Smart Summon’ feature. Concerns over crashes involving obstacle…
Filed under: News - @ January 9, 2025 7:21 pm