From Nasdaq: 2024-11-13 07:45:00

Rep. Marjorie Taylor Greene made strategic investments in artificial intelligence stocks like AMD, Apple, Berkshire Hathaway, Digital Realty Trust, Meta Platforms, and Tesla. Her purchases in early November ranged from $1,001 to $15,000 per transaction, reflecting a bullish outlook on AI’s future growth and potential returns.

Greene’s interest in AI stocks like AMD and Apple stems from their innovative technologies and growth prospects in the AI field. Companies like AMD and Apple have shown resilience in the market, with Greene buying into them multiple times in 2024, capitalizing on dips in their stock prices to lower her average trade price.

Digital Realty Trust, a real estate investment trust specializing in data centers, offers Greene a secure income stream with a 2.7% forward dividend yield. The company’s investment-grade balance sheet and history of covering dividends with free cash flow make it an attractive addition to her portfolio for exposure to AI-related computing demands.

Meta Platforms CEO Mark Zuckerberg highlighted the company’s adoption of AI technologies during the third-quarter 2024 conference call. The widespread use of Meta AI and Llama demonstrates the company’s commitment to leveraging AI for growth and innovation, aligning with Greene’s investment strategy in AI-focused companies.

Tesla, another AI stock in Greene’s portfolio, offers exposure to AI through its full self-driving feature and development of the humanoid robot Optimus. Despite speculation about her interest in Tesla related to Elon Musk’s ties to Donald Trump, Greene’s multiple purchases in 2024 reflect confidence in the company’s AI initiatives and potential growth.

While Greene focuses on AI stocks like AMD, Apple, Digital Realty Trust, Meta Platforms, and Tesla, she also recognizes the importance of diversifying her portfolio with a proven winner like Berkshire Hathaway. Grounding her holdings with Berkshire provides stability and reduces risks associated with speculative investments, offering a balanced approach to her investment strategy. 1. The stock market hit record highs today, with the S&P 500 reaching a new peak. This was driven by positive earnings reports from major companies, including a 10% increase in profits for tech giant Apple.

2. In international news, the United Nations reported a 30% increase in global hunger, with over 800 million people now facing food insecurity. The organization has called for urgent action to address this growing crisis.

3. On the environmental front, a new study revealed that ocean temperatures are rising at an alarming rate, potentially leading to more frequent and severe weather events. Scientists warn that immediate action is needed to mitigate the impact of climate change.

4. In sports news, tennis star Serena Williams announced her retirement from professional tennis after a legendary career spanning two decades. Williams leaves behind a legacy of 23 Grand Slam titles and is widely regarded as one of the greatest athletes of all time.



Read more at Nasdaq: Marjorie Taylor Greene Loaded Up on Stocks to Start November. Here Are 6 She Just Bought.