16987

Bet on Market Activity to Soar

With the election over, markets are betting that stocks will continue to rally. Not only that, but that investment activity may even tick higher. That could bode well for wealth managers and brokerage firms. These companies tend to benefit from increased economic activity. More buying and selling of stocks means more fees. Even in a world where some brokerages offer zero trading fees, other fees can handily bump up the bottom line. That’s why brokerage firms like Interactive Brokers (IBKR) could ...
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16988

Insider Activity Report: Norwegian Cruise Line Holdings (NCLH)

Zillah Byng-Thorne, a director at Norwegian Cruise Line Holdings (NCLH), recently bought 7,930 shares. The buy increased her stake by 19%, and came to a total cost of $197,061. Byng-Thorne was the last insider to buy with a 13,360 share pickup back in June, for a $220,440 cost out of pocket. Otherwise, several company insiders have been moderate sellers of shares, including the company CEO and Chief Accounting Officer. Overall, Norwegian Cruise Line insiders own 0.7% of shares. The cruise line operator ...
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16989

Unusual Options Activity: Micron Technology (MU)

Memory chip manufacturer Micron Technology (MU) is up 46% over the past year, outperforming the market. One trader sees further upside ahead for shares in the coming weeks. That’s based on the November 29 $135 calls. With 21 days until expiration, 9,404 contracts traded compared to a prior open interest of 237, for a 40-fold rise in volume on the trade. The buyer of the calls paid $0.26 to make the bullish bet. Micron shares last traded for about $112. The stock ...
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16979

The Unsung Players of the AI Rollout May Offer the Best Profits Here

Nearly two years into a bull market driven by AI, returns on big-cap tech companies have slowed. While they’re likely worth picking up during a market correction, better returns may lie elsewhere. Rather, it’s smaller players less directly involved with the AI space that are likely to lead here. That still includes several hardware plays, as well as investments related to expanding the power grid and increased automation brought about by AI. In that space, industrial automation leader Emerson Electric (EMR) may ...
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16980

Insider Activity Report: Columbus McKinnon Corporation (CMCO)

David Wilson, President and CEO of Columbus McKinnon Corporation (CMCO), recently bought 31,300 shares. The buy increased his stake by 24%, and came to a total cost of $1,002,155. This is the first insider buy since August, when a company SVP bought a small position for less than $1,000. And a company director was a buyer in May, picking up $58,000 of shares in an initial stake. Going back further, insiders were slight sellers of shares. Overall, Columbus McKinnon insiders own ...
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16983

Unusual Options Activity: National Vision Holdings (EYE)

Optical retailer National Vision Holdings (EYE) is down 33% over the past year, but shares have started to rally higher in recent sessions. One trader sees that uptrend continuing over the coming weeks. That’s based on the December 20, 2024 $12.50 calls. With 43 days until expiration, 10,039 contracts traded compared to a prior open interest of 173, for a 58-fold rise in volume on the trade. The buyer of the calls paid $1.05 to make the bullish bet. National Vision Holdings ...
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16969

Bet On this Sidelined Cash to Make Decent Profits For Investors

Right now, trillions of dollars sit on the sidelines. It’s being invested in short-term cash, which still earns a relatively high yield. But with interest rates starting to trend lower, cash will soon offer a less attractive yield. Meanwhile, stocks are still near their all-time highs, but could see some volatility. It wouldn’t be surprising if some of that sidelined cash took advantage of market fears to invest in stronger long-term prospects. One company with a massive cash hoard is Berkshire Hathaway ...
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16970

Insider Activity Report: Reynolds Consumer Products (REYN)

Rolf Stangl, a director at Reynolds Consumer Products (REYN), recently bought 7,207 shares. The buy is an initial stake for the director, and came to a total cost of $196,378. This marks the first insider buy since May 2023, when a company VP bought 5,000 shares for just under $135,000. Otherwise, there was one insider sale back in September, for just over $576,000. Otherwise, company insiders have been inactive over the past two years. Overall, Reynolds insiders own 74.2% of shares. The ...
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