17097

Luxury Experiences Will Still Drive Consumers In 2025

Recent data suggests that there’s a global slowdown in spending on high-end luxury goods, such as handbags and clothing. However, that trend hasn’t yet worked its way to experiences for higher-income spenders. That, combined with strong travel trends as the holiday season kicks off, suggests that companies that cater to these experiences still have more room to run. And that today’s investors can likely see solid returns on these companies well into next year. For instance, hospitality data shows that travel and ...
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17098

Insider Activity Report: Independent Bank Corp (IBCP)

Gavin Mohr, an EVP at Independent Bank Corp (IBCP), recently bought 800 shares. The buy increased his stake by 4%, and came to a total cost of $29,369. This marks the first insider buy in over a year, following a director buy for 1,800 shares in May 2023, when shares were trading about 50% lower than their current price. Otherwise, IBCP directors and EVPs have been slight sellers of shares over the past 18 months. Overall, Independent Bank insiders own 4.6% ...
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17099

Unusual Options Activity: Newmont Mining (NEM)

Gold exploration and production company Newmont Mining (NEM) is up just 2% over the past year, far lagging gold’s soaring returns of over 27%. One trader sees shares trending higher in the coming days. That’s based on the December 20 $47 calls. With 17 days until expiration, 3,013 contracts traded compared to a prior open interest of 146, for a 21-fold rise in volume on the trade. The buyer of the calls paid $0.11 to make the bullish bet. Newmont shares recently ...
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17081

This Overlooked AI Play Could Be Ready to Deliver Big Returns Going Forward

The AI trend still has room to run. Companies continue to spend on developing AI programs, and hardware companies are rushing to meet the demand. So are power companies, given the high power requirements for AI programs. But except for Apple (AAPL) creating a hybrid product for its iPhone, AI has yet to go fully mobile. It will take a new and ultra-advanced chip design to make that happen. One company can deliver on that concept. The player? Qualcomm (QCOM). Their chips ...
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17082

Insider Activity Report: Coherent Corp (COHR)

James Anderson, President and CEO of Coherent Corp (COHR), recently bought 500 shares. The buy increased his position by less than 1%, and came to a total cost of $51,989. Anderson was the last buyer with two pickups totaling 1,000 shares, for just over $70,000, back in September. Otherwise, a few company officers have been sellers of shares, and one director reduced her position by two-thirds. Going further back, insiders were sellers of shares in 2023. In total, Coherent insiders own ...
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17084

Unusual Options Activity: Roblox (RBLX)

Metaverse and gaming platform Roblox (RBLX) is up 26% over the past year, slightly underperforming the overall stock market. One trader sees shares trending higher into next year. That’s based on the February 21, 2025 $62.50 calls. With 81 days until expiration, 5,951 contracts traded compared to a prior open interest of 240, for a 25-fold rise in volume on the trade. The buyer of the calls paid $1.21 to make the bullish bet. Roblox shares recently traded for about $49, so ...
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17075

Consumer Goods Could Lead Markets in 2025

The stock market continues to shift away from big gains in tech and towards other sectors. That’s a healthy sign that stocks can trend higher into next year. One underperforming sector has been consumer goods companies, thanks to the combination of surging inflation and consumer fears. But consumer confidence is soaring higher, and inflation has moderated over the past year. That’s allowing consumer goods companies to start moving towards a catch-up rally. One consumer goods player that looks attractive now is J.M ...
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17077

Insider Activity Report: Booz Allen Hamilton Holding Corp (BAH)

Joan Amble, a director at Booz Allen Hamilton Holding Corp (BAH), recently bought 2,000 shares. The buy increased her stake by 4%, and came to a total cost of $294,260. This is the only insider buy at the consulting group over the past two years. Company insiders have been regular sellers of shares, both on the open market and following the exercise of stock options. Sellers include the company CEO, CFO and COO. Overall, Booz Allen Hamilton insiders own 1.6% of ...
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