20 Best Stocks to Buy According to Marjorie Taylor Greene

13. NIKE, Inc. (NYSE:NKE)

Number of Hedge Fund Holders: 73

NIKE, Inc. (NYSE:NKE) markets athletic footwear and apparel. According to a Periodic Transaction Report from April 11, Taylor Greene purchased NIKE, Inc. (NYSE:NKE) stock worth somewhere between $1,000 and $15,000 on April 8. This trade was disclosed the following day. NIKE has been one of the worst-hit stocks from the Trump tariffs. New tariffs imposed on Vietnam, Indonesia, and China, the three places where NIKE sources the bulk of manufacturing, have led to the shares of the brand hitting a five-year low. However, NIKE has moved over 50% of manufacturing operations to Vietnam, and the Vietnamese government has shown willingness to negotiate with Trump over the new tariffs. The 90-day tariff pause has also been a welcome reprieve for the athletic apparel brand. Since Trump first announced the new tariffs, the shares of NIKE have slid over 34%.