Members of Congress Are Buying This Beaten-Down "Magnificent Seven" Stock (Hint: It's Not Nvidia or Tesla)
The U.S. Congress might not be the place you want to look for guidance on anything financial-related. After all, the national debt is over $36.7 trillion and growing, and every penny of the money spent by the federal government had to be approved by Congress. On the other hand, quite a few individual congressional representatives and senators have made some excellent stock picks through the years. Following their trades has become a pastime for some investors looking for stocks to buy. It doesn't make sense to mimic anyone's stock trades without thought, but Congress can be a place to find stocks worth checking out. While the so-called "Magnificent Seven" stocks aren't very magnificent in 2025 so far, several members of the group remain popular on Capitol Hill. Members of Congress are especially buying one beaten-down Magnificent Seven stock.Continue reading
The U.S. Congress might not be the place you want to look for guidance on anything financial-related. After all, the national debt is over $36.7 trillion and growing, and every penny of the money spent by the federal government had to be approved by Congress.
On the other hand, quite a few individual congressional representatives and senators have made some excellent stock picks through the years. Following their trades has become a pastime for some investors looking for stocks to buy. It doesn't make sense to mimic anyone's stock trades without thought, but Congress can be a place to find stocks worth checking out.
While the so-called "Magnificent Seven" stocks aren't very magnificent in 2025 so far, several members of the group remain popular on Capitol Hill. Members of Congress are especially buying one beaten-down Magnificent Seven stock.
