17582

This Sideways Market Play Could Prove a Stealth Winner

Although the stock market just hit all-time highs a week ago, the past few months have seen a slowdown in stocks. Various fears, from an economic slowdown to the impact of tariff, are likely to keep weighing on stocks. That means a sideways market. In this kind of market, income-producing stocks tend to be reasonable plays. And so do companies that are likely worth more than the sum of their parts. Ideally, an investor can find both. One such play may be ...
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17584

Insider Activity Report: Cincinnati Financial (CINF)

Nancy Benacci, a director at Cincinnati Financial (CINF), recently bought 1,000 shares. The buy increased her stake by 15%, and came to a total cost of $136,160. This marks the first insider buy of 2025. Over the past two years, insiders were mostly buyers of shares, although one company director with over 1.1 million shares has been lightening his position. There have been no trades from company executives over the past two years. Overall, insiders at the property and casualty insurance ...
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17585

Unusual Options Activity: Lucid Group (LCID)

Electric vehicle manufacturer Lucid Group (LCID) is down 20% over the past year as the company struggles to increase production. One trader sees shares sliding further into the summer. That’s based on the August $2 puts. With 134 days until expiration, 10,781 contracts traded compared to a prior open interest of 136, for a 79-fold rise in volume on the trade. The buyer of the puts paid $0.36 to make the bearish bet. Lucid shares recently traded for about $2.20, so the ...
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17578

A Sticky Housing Market Isn’t Too Bad for Related Stocks

Mortgage rates still remain near 7%. And many borrowers were able to refinance well under 5% in recent years. That’s keeping potential sellers on the sidelines, as the cost to carry a mortgage factors heavily into the total cost. While the housing market remains sticky, homeowners continue to spend on projects to maintain the value of their home. And that bodes well for companies that provide those goods and services to homeowners. For instance, retailer Home Depot (HD) reported its first ...
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17579

Insider Activity Report: Noble Corp (NE)

Robert Eifler, President and CEO of Noble Corp (NE) recently bought 12,568 shares. The buy increased his position by 1%, and came to a total cost of $350,019. He was joined by the company CFO, who bought 8,000 shares for just over $223,250, and who increased his position by 3%. A company director also bought 8,992 shares, increasing his stake by 31%. Going further back, insiders have been slight sellers of shares at higher prices. Overall, Noble Corp insiders own 21.4% ...
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17580

Unusual Options Activity: Tesla Motors (TSLA)

Shares of Tesla Motors (TSLA) have been sinking in recent sessions, and are now 40% off of their 52-week highs. One trader sees a rebound to new highs occurring by the middle of next year. That’s based on the June 2026 $950 calls. With 476 days until expiration, 33,003 contracts traded compared to a prior open interest of 293, for a massive 113-fold rise in volume on the trade. The buyer of the calls paid $9.50 to make the bullish bet. Tesla ...
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17568

Stay Invested With This Defensive Stock Play Now

Although the market hit all-time highs just last week, the latest market weakness suggests that stocks will continue to struggle to push higher. It’s even possible that, if markets fail to break meaningfully higher, we could see a sizeable selloff. In a market drawdown, stocks that have had the biggest moves higher could likely see the biggest declines. So investors who are looking for a safe place to invest should look for companies with a strong defensive position today. One such defensive ...
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17569

Insider Activity Report: Bristol Myers Squibb (BMY)

Christopher Boerner, CEO of Bristol Myers Squibb (BMY), recently bought 2,000 shares. The buy increased his stake by 2%, and came to a total cost of $110,096. The CEO was also a buyer in late 2023 on multiple occasions. The latest buy came a week after a company EVP bought 1,823 shares, paying $100,000 for doing so. Going further back, company insiders have been net buyers since late 2023, and sellers earlier in 2023 at much higher share prices. Overall, Bristol ...
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