He Wen't From CEO to Congressman... You Won't Believe His Stock Trades
- Bors Company
- Mar 17
- 2 min read
Congressman Rob Bresnahan Jr. earned his career in business long before entering politics. As the previous CEO of Kuharchik Construction, he oversaw tremendous growth, extending the family business and then launching RPB Ventures, a real estate developer. Now, as a freshly elected U.S. Representative for Pennsylvania's 8th district, his financial skill is being scrutinized once more—this time on the stock market.
From Business to Politics
Bresnahan assumed office on January 3, 2025, after beating incumbent Democrat Matt Cartwright in the November 2024 election. Running on a platform stressing fiscal prudence, energy independence, and infrastructure development, he soon gained seats on the following major congressional committees:
Transportation and Infrastructure is in charge of roadways, aircraft, and mass transport networks.
Agriculture, including policies affecting farming, forestry, and rural development.
Small business, with an emphasis on regulatory challenges and finance availability for entrepreneurs.
A Congressman with a Trading Habit
Bresnahan has reported 130 stock transactions since assuming office, making him one of the most active dealers among rookie MPs. His trading activity has been largely oriented in the information technology and industrial sectors, both of which have great development potential.
Profitable Buys
Bresnahan's most successful buy thus far? Alibaba Group Holdings (BABA:US). On January 29 and 30, he purchased shares at $96.72 and $102.74. Today, the stock is trading at $130.81, up 35% in just a few weeks.
Other well-timed purchases include:
Intel Corp (INTC:US) - Purchased at $19.38 (February 3), presently at $22.74 (+17.3%).
Berkshire Hathaway (BRK/B:US) - Bought at $443.91; currently at $510.08 (+14.91%)
Well-Timed Sales
On the selling side, Bresnahan averted significant losses by abandoning investments before sharp declines:
E.L.F. Beauty (ELF:US) - Sold for $132.12 (Jan. 13); currently at $63.81 (-51.7%).
Manhattan Associates (MANH:US) - Sold at $265.33; currently at $173.09 (-34.7%).
Deckers Outdoor (DECK:US) - Sold for $204.59, currently at $137.24 (-32.9%)
His investments in NVIDIA Corp (NVDA:US) and Manhattan Associates (MANH) demonstrate a keen sense of industry trends, notably in AI and cloud computing. His holding in General Electric (GE:US) suggests an emphasis on industrial innovation and renewable energy.
Bresnahan's trading activities is now under public investigation, putting him at the heart of a larger debate: Should politicians be permitted to trade stocks? As he navigates his first term, both his policy decisions and market movements will be keenly monitored.
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