Trading Tips Blog

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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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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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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Jorge Gonzalez, President and CEO of The St. Joe Company (JOE), recently bought 1,695 shares. The buy increased his stake by 3%, and came to a total cost of $89,920. This is the first insider buy since Gonzalez bought 1,200 shares for just under $55,000 back in June 2023. Otherwise, Bruce Berkowitz, a major holder and director, has been a steady seller of shares, but still holds nearly 18.4 million. Overall, St. Joe insiders own 0.3% of shares, and major holders ...
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Fast food chain The Wendy’s Company (WEN) is up 8% over the past year, far underperforming the S&P 500. One trader sees shares declining over the coming weeks. That’s based on the December 20 $18 puts. With 46 days until expiration, 27,484 contracts traded compared to a prior open interest of 724, for a 38-fold rise in volume on the trade. The buyer of the puts paid $0.35 to make the bearish bet. Wendy’s shares recently traded for just over $19, so ...
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In the stock market, short-term news often wins the day. For traders, a company’s forward guidance during earnings may be more important than earnings itself. However, over time, growing revenues and growing earnings should translate to a higher share price. When a stock sells off on fearful guidance in the short-term, investors can look at earnings trends to determine if a stock is an oversold buy for the long haul. This week’s earnings season is ripe with opportunities. Chipmaker Advanced Micro Devices ...
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Charles Griffie, a director at Range Resources Corporation (RRC), recently bought 1,275 shares. The buy increased his stake by 13%, and came to a total cost of $40,112. Griffie was the last insider to buy, with a 1,500 share pickup back in May at a cost of just under $52,000. In the intervening months, several company insiders have been sellers, including the company CEO and CFO, who reduced their holdings by 11% and 5% respectively. Overall, Range Resources insiders own 2.6% ...
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Solar panel manufacturer First Solar (FSLR) is up 40% over the past year, slightly edging out the overall market, although shares are well off their summer highs. One trader sees a rally in the weeks ahead. That’s based on the November 15 $245 calls. With 14 days until expiration, 12,344 contracts traded compared to a prior open interest of 190, for a 65-fold rise in volume on the trade. The buyer of the calls paid $4.35 to make the bullish bet. First ...
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