This Overlooked Software Play Can Keep Showing Investors Safe Growth
Artificial Intelligence-related stocks continue to be the top tech trend. Many of the big names are growing by leaps and bounds, and smaller firms are retooling to catch up. But that’s just one tech trend out there. Other trends are also at play, and also continue to show signs of strong growth. That includes tech trends that utilize AI tools themselves, particularly software plays. Investors should look for leaders in such tech plays. One overlooked software play is in cybersecurity. Digital threats ...
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Insider Activity Report: Kinder Morgan (KMI)
Amy Chronis, a director at Kinder Morgan (KMI), recently bought 2,241 shares. The buy increased her stake by 10%, and came to a total cost of $55,790. Chronis was the last insider to buy with a 9,732 share buy back in August for just over $200,000. These are the only insider buys over the past two years. Otherwise, insiders have generally been sellers of shares, mostly at the VP level. However, the company’s President also sold 100,000 shares earlier this year. Overall, ...
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Unusual Options Activity: Digital Realty Trust (DLR)
Data center REIT Digital Realty Trust (DLR) is up 36% over the past year, about in-line with the overall stock market, before accounting for its dividend. One trader sees shares pulling back over the coming weeks. That’s based on the December 20 $170 puts. With 39 days until expiration, 8,417 contracts traded compared to a prior open interest of 191, for a 44-fold rise in volume on the trade. The buyer of the puts paid $2.10 to make the bearish bet. Digital ...
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Bet on Market Activity to Soar
With the election over, markets are betting that stocks will continue to rally. Not only that, but that investment activity may even tick higher. That could bode well for wealth managers and brokerage firms. These companies tend to benefit from increased economic activity. More buying and selling of stocks means more fees. Even in a world where some brokerages offer zero trading fees, other fees can handily bump up the bottom line. That’s why brokerage firms like Interactive Brokers (IBKR) could ...
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Insider Activity Report: Norwegian Cruise Line Holdings (NCLH)
Zillah Byng-Thorne, a director at Norwegian Cruise Line Holdings (NCLH), recently bought 7,930 shares. The buy increased her stake by 19%, and came to a total cost of $197,061. Byng-Thorne was the last insider to buy with a 13,360 share pickup back in June, for a $220,440 cost out of pocket. Otherwise, several company insiders have been moderate sellers of shares, including the company CEO and Chief Accounting Officer. Overall, Norwegian Cruise Line insiders own 0.7% of shares. The cruise line operator ...
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Unusual Options Activity: Micron Technology (MU)
Memory chip manufacturer Micron Technology (MU) is up 46% over the past year, outperforming the market. One trader sees further upside ahead for shares in the coming weeks. That’s based on the November 29 $135 calls. With 21 days until expiration, 9,404 contracts traded compared to a prior open interest of 237, for a 40-fold rise in volume on the trade. The buyer of the calls paid $0.26 to make the bullish bet. Micron shares last traded for about $112. The stock ...
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The Unsung Players of the AI Rollout May Offer the Best Profits Here
Nearly two years into a bull market driven by AI, returns on big-cap tech companies have slowed. While they’re likely worth picking up during a market correction, better returns may lie elsewhere. Rather, it’s smaller players less directly involved with the AI space that are likely to lead here. That still includes several hardware plays, as well as investments related to expanding the power grid and increased automation brought about by AI. In that space, industrial automation leader Emerson Electric (EMR) may ...
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Insider Activity Report: Columbus McKinnon Corporation (CMCO)
David Wilson, President and CEO of Columbus McKinnon Corporation (CMCO), recently bought 31,300 shares. The buy increased his stake by 24%, and came to a total cost of $1,002,155. This is the first insider buy since August, when a company SVP bought a small position for less than $1,000. And a company director was a buyer in May, picking up $58,000 of shares in an initial stake. Going back further, insiders were slight sellers of shares. Overall, Columbus McKinnon insiders own ...
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