The 5 Stocks Congress Bought Most in 2024: Top Picks for 2025

Key Points

• Congressional trading is a hot topic; this is a look at the five stocks most bought by Congress members in 2024.
• All command a leadership position in their industry and are critical to national security. 
• Analysts concur that these stocks are buys and likely heading higher in 2025. 

The five stocks most bought by U.S. Congress members in 2024 share several things in common, including leadership positions in technology and bipartisan appeal. The takeaway is that these stocks are critical to national security and the U.S. leadership in world trade, and their business is validated by congressional support. While not technically insiders, Congress members are uniquely positioned to know which companies are in the best positions to benefit from international trends and government policies. 

Microsoft Rules the Cloud

Microsoft NASDAQ: MSFT is not the largest cloud hyperscaler or the fastest-growing (due to its large size), but it has emerged as the leading hyperscaler for AI advancement and application. Its Azure cloud network provides industry-leading functionality and is ultimately better for organizations already using Microsoft products: they merge seamlessly. Regarding Congressional activity, MarketBeat tracks 21 trades by seven members, including senators and representatives on both sides of the aisle. The largest Democratic buyer is Representative Josh Gottheimer (D-NJ); the largest Republican buyer is Representative Marjorie Taylor Greene (R-GA). 

The outlook for Microsoft's revenue and earnings is good. The company is expected to grow the top and bottom line by roughly 10% in 2025, with revenue growth steady and earnings growth accelerating over the following two years. Analysts rate it as a Moderate Buy and see it rising to $511 or higher in 2025, sufficient for a new all-time high and a 20% gain from critical support levels.

NVIDIA Is the Root of All Things AI

NVIDIA NASDAQ: NVDA is the root of all things AI, the future of computing. Its GPUs and CPUs, along with the CUDA framework, unlock the potential of AI that companies like Microsoft are now harnessing. It is the second most-bought stock bought by Congress in 2024, with ten members making 17 purchases. 

Noteworthy buyers include Marjorie Taylor Greene and Senator Nancy Pelosi (D-CA). Ms. Pelosi is the largest holder, having made two purchases worth at least $1 million compared to much smaller trades by other members. Coincidentally, NVIDIA is not a direct benefactor of the CHIPs Act but an indirect one. Partner Taiwan Semiconductor Corporation is a benefactor and will use the money to expand its operations in Arizona, allowing NVIDIA to onshore 100% of GPU production within the next decade.  

Broadcom Helps Make AI Work

Broadcom NASDAQ: AVGO is another AI powerhouse gaining traction in 2025. The company’s chips and software technology are critical to data center operations and a key to unlocking the power of AI at scale.

It is Congress's third most-bought stock, with six trades by four members last year. Again, the most noteworthy buyer is Nancy Pelosi, who purchased at least $1 million in options. Broadcom is rated as a Moderate Buy by 24 analysts; the stock is being led to new highs by the revisions. 

Palo Alto Networks Secures a Spot in the Congressional Portfolio

Palo Alto Networks NASDAQ: PANW is the world’s leading and largest cybersecurity company. This is an essential fact in a world where cyber attacks are growing at a triple-digit pace, aided by AI. It is the fourth most-bought stock by Congress in 2024, and once again, Ms. Pelosi is the largest buyer. She made two purchases in February that are now both in-the-money. 

The outlook for Palo Alto’s business is moderate earnings growth over the next two to three years and accelerating growth into the decade’s end, driven by the platformization shift. Analysts rate this stock as a Moderate Buy and see it setting more new highs in 2025. 

Intel: Down But Not Out

Intel NASDAQ: INTC has had its share of struggles and hurdles but is not out of the semiconductor game. Its chips are still critical for the technology industry; it is a key player and a recipient of nearly $7.9 billion in CHIPs Act funding. Intel is also central to the U.S. semiconductor strategy, with numerous domestic foundries already in production.

It is the fifth most bought-stock by Congress from 2024, with three members buying eight times. Prominent Republicans buying the stock include Marjorie Taylor Greene and Tommy Tuberville (R-Al); the single Democratic buyer is Jonathon L. Jackson (D-Il).