New purchases by members of Congress: particularly notable movements!
We identified heavy purchases in technology, healthcare, and innovation stocks in the halls of Congress...
Here are the details:
Cleo Fields (Democrat) A clear trend of focusing on technology:
Amazon $AMZN – two significant purchases in the $15,000–$100,000 range
Google $GOOG – a purchase in the $15,001–$50,000 range
Meta $META – two separate purchases, each $15,001–$100,000
Broadcom $AVGO – a purchase of $15,001–$50,000
Apple $AAPL – two separate purchases in the amounts of $15,001–$100,000
Qualcomm $QCOM – a purchase of $15,001–$50,000
McDonald's $MCD – a purchase in the $15,001–$50,000 range
Oracle $ORCL – two purchases in the amount of $15,001–$50,000
Fields is building a broad position in tech and AI giants, with slight diversification into the consumer sector ($MCD) and software infrastructure ($ORCL).
Does he believe in the continued growth of the technology sector and the competitive advantage of the giant companies?
Markwayne Mullin (Republican)
Focus on quality stocks with an emphasis on technology and healthcare:
Intuit $INTU – a purchase in the $15,001–$50,000 range
Accenture $ACN – a purchase of $50,001–$100,000
Intuitive Surgical $ISRG – a purchase of $50,001–$100,000
UnitedHealth $UNH – a purchase of $50,001–$100,000
Mullin is purchasing stocks of particularly leading companies in the healthcare sector ($ISRG, $UNH) and business technology ($ACN, $INTU).
It appears that both Democrats and Republicans are returning to big tech ($AAPL, $AMZN, $GOOG, $META) and companies with deep moats.
And us? We're monitoring!