You know when you have a favorite toy, and you want to make sure you keep getting more of it? That's what investing is like. Imagine you had a favorite toy, and you wanted more of them. So, you save up your pocket money and then you go to the store and buy more of that toy. That's kind of what investing is like. Instead of buying toys, you're buying parts of companies. Just like your toys, these parts can increase in value over time. So, when you're ready to sell them, you can get more money than you spent. This is how people make money from investing. They buy things they think will become more valuable over time and then they sell them for more money. But remember, investing is like a big game of chance. Just like with your toys, there's no guarantee that the parts of the companies you buy will become more valuable. Sometimes they might even lose value. So, it's important to understand what you're buying and to only invest in things you think will become more valuable over time. Read from source...
"JPMorgan Snapped Up Ahead Of Earnings"
What a load of hogwash. A major bank is allowed to buy shares of its own stock in a completely legal and typical stock buyback program, and suddenly it's seen as an insider move?
"Other Purchases"
A Republican bought shares of a big bank? This is worth noting? In a non-political news story?
"Greene Increases Chip Exposure"
Again, these are highly standard purchases in a totally legal and typical stock buyback program. How is this even news, let alone something critical?
"All the transactions reported were made on Oct. 4"
In a completely standard and legal manner.
"The congresswoman’s trades assume importance as the broader S&P 500 Index is at a record high."
Yes, because if you're a politician with any shred of sense, you'd buy low and sell high. But somehow, this is reported as if it's sinister.
"Greene also bought U.S. Treasury bills amounting to $50,001 to $100,000."
This is the only thing here that might be news-worthy, but even then it's not really news. It's a safe investment, which is what you'd expect someone with a government position to do.
"Greene’s trades assume importance as the broader S&P 500 Index is at a record high."
What? Are we to assume that politicians are not allowed to make rational financial decisions?
This is not news. It's not analysis. It's not even a coherent argument. It's just a stream of invective against a single political figure, wrapped up in a thin veneer of "reporting".
This isn't journalism. It's propaganda. And it's an insult to anyone who values informed, factual news.
P.S. Your headline, "Marjorie Taylor Greene Boosts Stock Portfolio With AI Exposure, Buys JPMorgan And This Hot Magnificent 7 Stock: Here're Congresswoman's Latest Trades" is a lie. The congresswoman did NOT buy "this Hot Magnificent 7 Stock." She bought several different stocks, one of which is a "Magnificent 7" stock. The headline is designed to mislead readers into thinking that she bought all of the "Magnificent 7" stocks, which is not true.
Neutral
1. Green also picked up $1,000 to $15,000 worth of shares of big bank JPMorgan Chase & Co. JPM. The company is due to report its third-quarter results before the market opens on Friday, with analysts’ modeling earnings per share of $4.01, down from $4.33 reported for the year-ago quarter.
1. Greene also bought U.S. Treasury bills amounting to $50,001 to $100,000.
1. The congresswoman’s other purchases include:
- Costco Wholesale Corporation COST: $1,001 to $15,000
- Dell Technologies Inc. DELL: $1,001 to $15,000
- FedEx Corp. FDX: $1,001 to $15,000
- Meta Platforms, Inc. META: $1,001 to $15,000
- Visa, Inc. V: $1,001 to $15,000
All the transactions reported were made on Oct. 4.
1. The congresswoman’s trades assume importance as the broader S&P 500 Index is at a record high. The SPDR S&P 500 ETF Trust SPY, an exchange-traded fund that tracks the S&P 500 Index, rose 0.69% to $577.14 on Wednesday, according to Benzinga Pro data.
1. Did You Know?
- Congress Is Making Huge Investments. Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool
1. Image via Flickr/ Gage Skidmore
1. Markets News and Data brought to you by Benzinga APIs
1. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
1. Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
1. Join Now: Free!
1. Already a member? Sign in
1. Benzinga simplifies the market for smarter investing
1. Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
1. Join Now: Free!
1. Already a member? Sign in
1. <
Marjorie Taylor Greene buys shares of ASML, LRCX, AMAT, JPM, COST, DELL, FDX, META, and V.
Overall, these purchases appear to be defensive in nature, with a focus on companies that are less likely to be affected by economic downturns. This suggests that Greene may be anticipating a potential slowdown in the market.
ASML, LRCX, and AMAT are all involved in the semiconductor industry, which has seen strong growth in recent years. These companies are well-positioned to benefit from the ongoing trend towards increased use of artificial intelligence and the internet of things.
JPM is one of the largest banks in the United States, and its stock is often seen as a safe haven in times of economic uncertainty. This could be an indication that Greene is expecting the market to become more volatile in the near future.
COST and FDX are both in the retail sector, which has been hit hard by the ongoing COVID-19 pandemic. However, these companies have been able to weather the storm and are likely to continue growing in the years to come.
META and V are both technology companies that have been on the cutting edge of their respective industries. These companies are well-positioned to benefit from the ongoing trend towards increased use of artificial intelligence and the internet of things.
Overall, these purchases appear to be a mix of defensive and growth-oriented investments, which suggests that Greene is preparing her portfolio for a potential economic downturn while also seeking to benefit from the ongoing trend towards increased use of technology.
Risks:
The primary risk associated with these investments is that they could be negatively affected by a sudden economic downturn. This is especially true for the companies in the retail sector, which have been hit hard by the ongoing COVID-19 pandemic.
Additionally, the technology sector is highly competitive, and these companies could be negatively affected by new entrants into the market. This is especially true for META and V, which are both facing increased competition from new players in the industry.
Finally, these investments are subject to the normal risks associated with the stock market, including market volatility, economic uncertainty, and political instability.
Overall, while these investments may offer some protection against a potential economic downturn, they are also subject to a number of significant risks that could negatively affect their performance.