16983

Unusual Options Activity: National Vision Holdings (EYE)

Optical retailer National Vision Holdings (EYE) is down 33% over the past year, but shares have started to rally higher in recent sessions. One trader sees that uptrend continuing over the coming weeks. That’s based on the December 20, 2024 $12.50 calls. With 43 days until expiration, 10,039 contracts traded compared to a prior open interest of 173, for a 58-fold rise in volume on the trade. The buyer of the calls paid $1.05 to make the bullish bet. National Vision Holdings ...
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16969

Bet On this Sidelined Cash to Make Decent Profits For Investors

Right now, trillions of dollars sit on the sidelines. It’s being invested in short-term cash, which still earns a relatively high yield. But with interest rates starting to trend lower, cash will soon offer a less attractive yield. Meanwhile, stocks are still near their all-time highs, but could see some volatility. It wouldn’t be surprising if some of that sidelined cash took advantage of market fears to invest in stronger long-term prospects. One company with a massive cash hoard is Berkshire Hathaway ...
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16970

Insider Activity Report: Reynolds Consumer Products (REYN)

Rolf Stangl, a director at Reynolds Consumer Products (REYN), recently bought 7,207 shares. The buy is an initial stake for the director, and came to a total cost of $196,378. This marks the first insider buy since May 2023, when a company VP bought 5,000 shares for just under $135,000. Otherwise, there was one insider sale back in September, for just over $576,000. Otherwise, company insiders have been inactive over the past two years. Overall, Reynolds insiders own 74.2% of shares. The ...
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16972

Unusual Options Activity: The J.M. Smucker Company (SJM)

Packaged foods producer The J.M. Smucker Company (SJM) has traded flat over the past year, even as the overall stock market has rallied by over 30%. One trader sees shares breaking higher into 2025. That’s based on the January 17, 2025, $120 calls. With 72 days until expiration, 6,052 contracts traded compared to a prior open interest of 293, for a 21-fold rise in volume on the trade. The buyer of the calls paid $2.80 to make the bullish bet. Smucker shares ...
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16964

This Company Can Keep Up Its Winning Streak in Any Economy

Friday’s jobs data indicates a slowdown in the labor market. And year-over-year PCE inflation data from last week shows that’s trending down as well. The slowing economy may be slowing too quickly for some, even if it’s still growing overall. No matter what the economy does, investors have plenty of opportunities that should continue to produce safe, steady returns. Whether the economy further slows, or accelerates back to growth. One long-term potential winner is retail giant Walmart (WMT). The biggest company ...
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16965

Insider Activity Report: Crocs, Inc. (CROX)

John Replogle, a director at Crocs Inc (CROX), recently bought 2,240 shares. The buy increased his stake by 32%, and came to a total cost of $252,222. Replogle was the last buyer with a 1,996 share pickup in August for just over $247,000. And he was a buyer in March for a similar amount. Over that same time period, several company insiders have been sellers of shares, including the CEO, who shed 1% of his stake. Overall, Crocs insiders own 2.9% ...
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16968

Unusual Options Activity: Bristol Myers Squibb Company (BMY)

Pharmaceutical giant Bristol Myers Squibb Company (BMY) hit a 52-week high last week, and shares are up substantially over the past few months. One trader sees the rally continuing into the end of the year. That’s based on the December 20 $65.50 calls. With 45 days until expiration, 5,121 contracts traded compared to a prior open interest of 143, for a 36-fold rise in volume on the trade. The buyer of the calls paid $0.23 to make the bullish bet. Bristol Myers ...
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16951

Companies With Upside Catalysts Can Still Offer Great Returns Here

The stock market remains near all-time highs. After a big run higher over the past two years, many companies are looking overbought and ready to take a breather. Investors looking for opportunities now need to get more strategic. One strategy is to look for companies with upside catalysts. That could include a potentially hot new product, a successful turnaround strategy, or even finding a way to unlock value by spinning off a business line. Cable and media giant Comcast (CMCSA) is looking ...
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