Trading Tips Blog

The current market selloff has hit high-flying AI plays hard. And shifting market sentiment may keep many AI players, particularly in the hardware space, from making new highs anytime soon. However, the software side is different. That’s because new software upgrades can be rolled out as they’re made. And companies incorporating AI tools can roll those out immediately too. Combined with a recurring-revenue model, it could make software-related AI plays the winner for the next upswing in tech stocks. One sign of ...
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Corie Barry, CEO of Best Buy (BBY), recently bought 13,500 shares. The purchase increased her stake by 4%, and came to a total cost of $984,420. This marks the first insider pickup at Best Buy over the past two years. Barry was even a seller of shares back in September, at a price over $20 higher from the current level. Most insider sales were direct sells, although a few included a mix of option exercises. Overall, Best Buy insiders own 8.8% ...
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Frozen potato producer and distributor Lamb Weston Holdings (LW) is down over 50% in the past year. With food prices starting to fall on a year-over-year basis, one trader sees further downside ahead. That’s based on the July $42.50 puts. With 122 days until expiration, 17,609 contracts traded compared to a prior open interest of 159, for a massive 111-fold rise in volume on the trade. The buyer of the puts paid $2.20 to make the bearish bet. Lamb Weston shares recently ...
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AI-related stocks have rallied the hardest over the past two years. So it’s not surprising that they’ve also declined the fastest in the latest market pullback. However, AI stocks have sold so quickly and so heavily that they’re now looking oversold. Markets could see anything from a V-shaped bounce, to a gradual recovery to new all-time highs if the news cycle gets less pessimistic. In the short-term, a bounce in stocks could be an ideal time to buy some AI plays. That ...
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Tarang Amin, a director at JM Smucker Co (SJM), recently bought 875 shares. The buy increased his position by 46%, and came to a total cost of $100,511. Amin was the last insider to buy in February 2024, with a similarly-sized 900-share buy. Otherwise, there have been a few moderate insider sales over the past year, including sales from both the CEO and CFO, with the CEO selling off about 4% of his holdings. Overall, JM Smucker insiders own about 2.9% ...
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Credit service provider Discover Financial Services (DFS) is up 33% over the past year, and just fell 20% off its recent highs. One trader sees shares trending lower over the coming weeks. That’s based on the April $150 puts. With 31 days until expiration, 7,400 contracts traded compared to a prior open interest of 146, for a 51-fold rise in volume on the trade. The buyer of the puts paid $7.80 to make the bearish bet. Discover shares recently traded for about ...
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Markets are pricing in a higher chance of a recession. That’s led to fast deleveraging by hedge funds, sending the market into a tailspin. But some companies are more recession-resistant than others. Investors can hold up during a fearful market with more recession-resistant companies. That includes goods and services that have strong demand, no matter what the economy is doing. Investors who buy these companies during periods of fears can earn reasonable returns while the economy sorts itself out. For instance, plumbing-equipment ...
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Richard Mark, a director at Sempra (SRE), recently bought 7,160 shares. The buy increased his stake by a massive 130%, and came to a total cost of $499,840. Two other company directors also bought shares around the same time, albeit for 1,000 and 700 shares, or about $68,000 and $50,000. Those mark the first insider buys since last May. Otherwise, there have been a few insider sales, including over $4 million in sales from the company’s CEO. Overall, Sempra insiders own ...
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