14872

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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14873

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 and ...
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14875

Unusual Options Activity: Comstock Resources (CRK)

Oil and gas exploration company
Comstock Resources (CRK) is down by nearly a third over the past year, amid a decline in energy prices. One trader sees shares rallying higher in the coming weeks. That’s based on the October $13 calls. With 44 days until expiration, 18,969 contracts traded compared to a prior open interest 585, for a 32-fold rise in volume on the trade. The buyer of the calls paid $0.55 to make the bullish bet. Shares recently traded just over ...
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14867

Grab Global Diversification with an Unloved International Play

Investors tend to suffer from a “home country” bias. They tend to overweight positions in assets located in their own country, and fail to sufficiently diversify internationally. There are plenty of markets that offer better values than the U.S. market, even adjusting for political and currency risks. And in those markets are plenty of industry-leading companies that can provide great returns for patient investors. Especially those who buy unloved sectors. One simple place to start internationally is with
UBS Group (UBS). The Swiss-based ...
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14868

Insider Activity Report: Domo (DOMO)

David Daniel, a director at
Domo (DOMO), recently bought 137,000 shares. The buy increased his stake by 84 percent, and came to a total purchase price just under $1.5 million. That follows up on a 26,400 share buy the director made back in July, and two other buys earlier this year. The company’s CFO and CEO have also been buyers this year, with the CEO picking up 429,810 shares for just over $6 million in late March. Overall, insiders own about 6 ...
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14869

Unusual Options Activity: GameStop (GME)

Video game retailer
GameStop (GME) has struggled over the past year, with shares down by over a third. One trader sees further weakness in the months ahead. That’s based on the November $18 puts. With 73 days until expiration, 10,504 contracts traded compared to a prior open interest of 174, for a 60-fold rise in volume on the trade. The buyer of the puts paid $2.60 to make the bearish bet. Shares recently traded for about $18.50, so the stock would only need ...
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14859

This New Technology Rollout Could Take One Stock to New All-Time Highs

While markets have been excited about artificial intelligence this year, other tech trends haven’t gotten as much interest. That’s led to better valuations, particularly for companies that are rolling out new technologies of their own. One company in particular is putting out a new gadget that will likely significantly boost its bottom line. Even better? It looks like the company won’t be raising prices, a much-needed relief given the recent inflation. That company is
Apple (AAPL), and the new gadget is the iPhone ...
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14861

Insider Activity Report: Kodiak Gas Services (KGS)

Robert McKee, President and CEO at
Kodiak Gas Services (KGS), recently added 16,180 shares. The buy increased his holdings by 17 percent, and came to a total cost of $292,033. The buy came a week after the company’s Chief Accounting Officer picked up 500 shares for $9,865, and a director bought 5,000 shares for just under $96,000. Over the past two years, there have been over a dozen insider buys and no sales. Overall, insiders own 79 percent of the oil and ...
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