Market Commentary

Strategic Stock Moves Showcase Marjorie Greene’s Financial Acumen

Namra Pervaiz
30 Jul 2024 · 2 minutes read

Currently representing Georgia's 14th Congressional District, Marjorie Greene has a rich history of business experience, having grown up working for her family’s company. In 2002, she purchased Taylor Commercial, a commercial construction and renovation company, which has since managed a quarter of a billion dollars in construction projects.

In addition to her construction business, Marjorie successfully started, grew, and sold a thriving CrossFit gym in Georgia, which has become one of the top CrossFit gyms in the country. With a Bachelor’s degree in Business Administration from the University of Georgia, Marjorie has a unique perspective on how to succeed from the ground up through hard work and financial responsibility.

Recently, Marjorie disclosed several notable stock transactions, showcasing significant investment activities across various sectors. On July 25, 2024, she reported purchases within the range of $1,000 to $15,000 each in companies like Applied Materials Inc (AMAT:US), Corning Inc (GLW:US), Dell Technologies Inc (DELL:US), Duke Energy Corp (DUK:US), JPMorgan Chase & Co (JPM:US), and United Parcel Service Inc (UPS:US). These acquisitions, made on July 23, 2024, indicate a strategic move in these stocks.

Furthermore, a substantial investment was made in US Treasury Bills on July 24, 2024, with the purchase amounting between $250,000 and $500,000. This move highlights a significant allocation of resources towards a stable and secure asset.

Each of these companies represents a diverse array of industries, from technology and energy to finance and logistics, reflecting a well-rounded investment strategy. The decision to invest in these particular stocks suggests a positive outlook on their future performance and potential for growth.

Marjorie’s investments, particularly the large sum in US Treasury Bills, indicate confidence in market stability and the prospects of individual companies, showcasing a balanced mix of risk and security in her portfolio.