Marjorie Taylor Greene invests in Adobe Inc. (ADBE) and other technology stocks before tariff pause
From Yahoo Finance: 2025-04-23 14:37:00
Marjorie Taylor Greene, a US representative, made headlines for buying technology stocks before Trump announced a 90-day tariff pause. Despite social media backlash on lawmakers trading stocks, Greene’s activity stands out. Capitol Trades tracked her investments, including Adobe Inc. (ADBE), which she purchased $1,000-$15,000 worth of. Adobe’s potential is acknowledged, but other AI stocks might offer higher returns.
KeyBanc recently upgraded Adobe to Sector Weight, stating the stock is fairly valued with limited downside. Analysts expect little room for downside, revisions to fundamentals, and AI-driven ARR to double by fiscal 2025. ADBE ranks 7th on Greene’s best stock list, but potential lies in AI stocks with higher returns over a shorter timeframe. For those interested, there is a promising AI stock trading at less than 5 times earnings.
Overall, Greene’s stock picks highlight interesting investment opportunities, but the focus on AI stocks may offer better returns. Adobe’s recent upgrades and potential growth in AI-driven ARR show promise for investors. For more insights on AI stocks and billionaire investment picks, check out other articles on Insider Monkey.
Read more: Is Adobe Inc. (ADBE) the Best Stock To Buy According to Marjorie Taylor Greene?