3 Stocks Ted Cruz Is Buying and Selling in 2024

Texas Republican Sen. Ted Cruz makes political news in Washington, D.C., but he’s also a prodigious investor, so wise investors watch his stocks. However, Ted Cruz’s stocks reveal the conservative senator’s taste. His portfolio is dominated by oil and gas equities, which isn’t unexpected given his policies. Cruz rejects political intervention in oil and gas mergers and prioritizes facts above anti-fossil fuel sentiment. He wants to eliminate the Biden administration’s proposed gas heater efficiency requirements, which would compel homeowners and small businesses to undertake costly heating system upgrades.? Cruz also proposed the Energy Freedom Act to speed up federal energy project permits, oil and gas lease sales, and LNG export licenses. He strongly supports the Keystone XL pipeline and criticizes the Paris Agreement. He picks stocks similar to his policy views, except when selling shares of a certain banking giant, which might seem strange. The pieces will fit together once you know how much he loves a certain digital treasure....

InvestorPlace - 4/30/2024 2:24:34 PM More News for GS
Stock Analysis for GS
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