In today’s fast-paced world, investors are always on the lookout for new opportunities to grow their portfolios. One such area that has caught the attention of many is the stock picks of politicians, particularly those in Congress. With politicians like Marjorie Taylor Greene demonstrating a keen eye for the market, investors are increasingly interested in following their lead.

Marjorie Taylor Greene, a representative from Georgia, has been making waves with her stock picks in 2024. In particular, she has shown a strong interest in artificial intelligence (AI) stocks, with investments in companies like Advanced Micro Devices (AMD), Apple, CrowdStrike, Microsoft, and Qualcomm. These companies are at the forefront of the AI industry, making them attractive options for investors looking to capitalize on the growing trend.

Greene’s investments in Qualcomm and Microsoft in April provided her with exposure to the AI industry through their innovative products and services. Qualcomm, a leading semiconductor manufacturer, is focusing on generative AI applications for mobile devices, personal computers, and automobiles. Microsoft, on the other hand, is committed to offering sophisticated AI solutions across its suite of products, including Copilot and Designer.

In the following month, Greene expanded her AI exposure with investments in Apple and AMD. Apple is working on its own large language model (LLM) and recently introduced Apple Intelligence, a feature that combines generative models with personal context to deliver relevant intelligence. AMD, on the other hand, produces hardware that powers AI, such as MI300 accelerators and Ryzen PRO 8000 processors.

In late June, Greene added cybersecurity specialist CrowdStrike to her portfolio. CrowdStrike uses AI to help clients protect their devices and has developed a generative AI security tool called Charlotte AI. Despite a recent global outage that caused a sell-off in the stock, CrowdStrike remains a strong contender in the cybersecurity space.

While Greene’s stock picks may be enticing, it’s important for investors to conduct their own research before following suit. Qualcomm, Microsoft, Apple, and AMD are all trading at premiums to their historical valuations, making them less attractive to value investors. CrowdStrike, on the other hand, presents a unique opportunity following the recent sell-off.

In conclusion, following the stock picks of politicians like Marjorie Taylor Greene can be a smart strategy, but it’s essential for investors to do their due diligence before making any decisions. With the AI industry poised for growth, companies like Qualcomm, Microsoft, Apple, AMD, and CrowdStrike are worth keeping an eye on for potential investment opportunities. the original article provided:

 

Source: https://finance.yahoo.com/news/marjorie-taylor-greene-loves-ai-114500218.html