Buy Big Trends When They’re Out of Favor
When a trend is hot, owning any company related to that trend can lead to big gains quickly. But when the trend shifts, a company can fall out of favor as well. Some trends occur just once. Others are more cyclical. Targeting cyclical trends when they’re out of favor can lead to great returns. When the cycle turns, it can lead to life-changing profits. Especially when they relate to tech-related trends. For instance, electric vehicles are a top trend. But stocks related ...
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Insider Activity Report: Alamo Group (ALG)
Eric Etchart, a director at Alamo Group (ALG) recently bought 500 shares. The buy increased his stake by 5 percent, and came to a total purchase price of $88,295. This marks the first buy at the company since March 2022, when another director bought 500 shares. Since then, there have been about 10 sales, including sales from the company’s CFO and CEO. However, some of those sales were driven by the exercise of stock options. Overall, company insiders own 2.4 percent ...
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Unusual Options Activity: Endeavor Group Holdings (EDR)
Entertainment and sports company Endeavor Group Holdings (EDR) is slightly up over the past year, but shares have been getting hit hard in recent sessions. One trader sees a further decline in the weeks ahead. That’s based on the November $20 puts. With 70 days until expiration, 24,309 contracts traded compared to a prior open interest of 144, for a 169-fold jump higher in trading volume. The buyer of the puts paid $0.85 to make the bearish bet. Endeavor shares recently traded ...
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Bet on Asset Managers to Win as the Economy Grows Over Time
The financial sector is dominated largely by banks, but there are other niches in the space that can be a better place for investors. That’s because bank stocks can see massive declines during credit events. Or if a bank goes under, the stock can become worthless. That’s why other parts of the financial sector look reasonable. Many tout the insurance space. But asset managers are often an overlooked play. Asset manager Blackstone (BX) is one such player, although it may be Read More About This
Insider Activity Report: PCB Bancorp (PCB)
Sang Lee, a director at PCB Bancorp (PCB), recently bought 3,000 shares. The buy increased the director’s stake by less than 1 percent, and came to a total cost of $47,100. The director has been a recurring buyer over the past 18 months, picking up over 50,000 in shares in total and paying over $1 million. The last insider sale occurred in March, when a director sold 11,000 shares. Overall, company insiders own 25.2 percent of shares. The California-based bank is down ...
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Unusual Options Activity: Warner Bros. Discovery (WBD)
Media giant Warner Bros. Discovery (WBD) sank over 10 percent last week, as the ongoing Hollywood strike impacted the sector. One trader is betting on further weakness ahead. That’s based on the April 2024 $10 puts. With 225 days until expiration, 10,265 contracts traded compared to a prior open interest of 129, for an 80-fold rise in volume on the trade. The buyer of the puts paid $0.95 to make the bearish bet. Warner Bros. Discovery stock recently traded for about ...
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Stick With 2023’s Winning Stocks of the Year
Markets tend to move in trends. Since bottoming out late last year, the trend has been higher, even with a few hiccups along the way like the drop in early August. With stocks trending higher, last year’s big losers have gained more ground than average. That trend will likely continue as well. That’s good news for investors looking to catch up this year who may have missed out on the first part of the market rally. The best-performing stock this year in ...
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Insider Activity Report: Markel Group (MKL)
Lawrence Cunningham, a director at Markel Group (MKL), recently bought 25 shares. The buy increased his holdings by 6 percent, and came to a total cost of $36,500. The buy came a few weeks after the company CEO bought 100 shares, paying about $148,000 to do the same. Over the past six months, there have been nine insider buys, and two small sales from company directors, following a similar trend from 2022. Overall, company insiders own 2.1 percent of shares. The property ...
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