17628

Growth Potential and Consumer Spending Trends Could Make This Stock a Winner

Over the past few years, consumers have become more price conscious about many goods, but have continued to spend on services. Experiences such as travel and vacations have continued to thrive, and still look like strong trends. However, consumers may potentially want to start looking for deals there. Companies that can cater to consumers looking for a deal may be able to see continued strength as this trend shifts towards bargain hunting. For vacations, that could be a boon for Airbnb (ABNB) ...
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17629

Insider Activity Report: Northern Oil & Gas (NOG)

Nicholas O’Grady, CEO of Northern Oil & Gas (NOG), recently picked up 1,000 shares. The buy increased his position by less than 1%, and came to a total cost of $27,480. The buy came a few days after a company director bought 20,000 shares, paying just over $552,000 to increase his position by 6%. A second company director also recently picked up over 40,000 shares, for a buy of over $1.1 million. This cluster buy is in sharp contrast to the past ...
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17630

Unusual Options Activity: Cameco (CCJ)

Uranium producer Cameco (CCJ) is flat over the past year, having given up recent gains and going back to last summer’s lows. One trader sees a further decline in the weeks ahead. That’s based on the May $37 puts. With 65 days until expiration, 14,310 contracts traded compared to a prior open interest of 294, for a 49-fold rise in volume on the trade. The buyer of the puts paid $2.05 to make the bearish bet. Cameco shares recently traded for about ...
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17624

Slowing Economy Or Not, This Brand Will Come Out Ahead

While investors fear the potential impacts of tariffs and a slowing economy, some companies are better positioned than others. There’s some fear in the retail space, from the one-two punch of rising unemployment and higher-priced goods due to tariffs. While that may impact retailers and consumers, chances are the companies with the best industry pricing will feel the pinch the least. They’re the companies that could hold up relatively well amid the current market fears. Retailer Costco (COST) has recently taking a ...
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17625

Insider Activity Report: Lear Corp (LEA)

Rod Lache, a director at Lear Corp (LEA), recently bought 2,178 shares. The buy is an initial stake for the director, and came to a total cost of $199,945. This marks the first insider buy at the automotive equipment manufacturer in over two years, following another director buy in March 2023. Otherwise, there have been a few insider sales over the past two years, including sizeable sales by the CEO and CFO. Overall, Lear insiders own 0.6% of shares. A weak market ...
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17626

Unusual Options Activity: Delta Air Lines (DAL)

Airline operator Delta Air Lines (DAL) is up 24% over the past year, but the recent market pullback has taken shares down well off their peak. One trader is betting on a rebound in the weeks ahead. That’s based on the May $60 calls. With 66 days until expiration, 11,787 contracts traded compared to a prior open interest of 185, for a 64-fold rise in volume on the trade. The buyer of the calls paid $1.85 to make the bullish bet. Delta ...
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17617

This Growth Play Is Due for an Oversold Bounce

The recent market pullback has come at the tail end of earnings season. Most companies have beaten their earnings expectations, and some have even shown that corporate America remains strong. But rising uncertainty means that even great companies are taking a hit now. That fear is hitting the tech space particularly hard. Technology companies have been leading the market higher over the past two years, and now a more defensive market posture is leading to a big pullback in tech names. That’s ...
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17618

Insider Activity Report: Moderna (MRNA)

Stephanie Bancel, CEO of Moderna (MRNA), recently bought 160,314 shares. The buy increased her stake by 1%, and came to a total cost of $5 million. A company director also bought $1 million of shares on the same day, picking up 31,620 shares an increasing his position by 7%. These mark the first insider buys over the past two years, reversing a trend of steady sales by executives and directors alike. Overall, Moderna insiders own 10.2% of shares. The biotech giant has ...
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