Marjorie Taylor Greene bought shares of beaten-down tech stocks, including NIKE, Inc.
From Yahoo Finance: 2025-04-23 14:40:00
Marjorie Taylor Greene, US Representative for Georgia, bought stakes in beaten-down tech stocks before Trump’s 90-day tariff pause, causing stock prices to rally. Social media criticism sparked, calling for lawmakers to be banned from trading due to conflicts of interest. Greene sold US Treasury Bills to fund tech stock purchases.
NIKE, Inc. (NYSE:NKE) was one of the worst-hit stocks from Trump’s tariffs, with shares sliding over 34% since the announcement. Greene purchased NKE stock worth $1,000-$15,000 on April 8. Despite potential in NKE, AI stocks offer greater returns in a shorter timeframe. Check out the cheapest AI stock for promising investment options.
Overall, NKE ranks 13th on the list of best stocks according to Marjorie Taylor Greene. With the potential for higher returns, AI stocks are more promising than NKE. Discover the best AI stocks to buy now and the top stocks to invest in according to billionaires for sound investment strategies.
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Read more: Marjorie Taylor Greene’s NIKE, Inc. (NKE) Play: What Does It Mean?