Confident Consumers Point to a Continued Win for this Fast-Growing Play
While the market is having a great year, consumers were feeling lackluster going into the election. That trend is rapidly changing, as it’s likely that economic policies to focus on economic growth will take center stage. That bodes well for growth stocks, especially smaller stocks that could benefit from lower taxes and deregulation. And for investors in the right growth spot, returns can be huge. For instance, investors in Cava Group (CAVA), a fast-growing casual Mediterranean restaurant chain, have already seen revenues ...
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Insider Activity Report: Rockwell Automation (ROK)
Christian Rothe, CFO of Rockwell Automation (ROK), recently bought 7,273 shares. The buy came to a total cost of $2,000,904, and is a new position for the executive. This is only the second insider buy at the company over the past two years, following a 3,500 share buy form the company CEO in February for $992,758. Otherwise, insiders have largely been sellers of shares, usually following the exercise of stock options. Overall, Rockwell insiders own 0.2% of shares. The industrial automation designer ...
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Unusual Options Activity: Huntington Bancshares (HBAN)
Regional bank Huntington Bancshares (HBAN) has been on a tear, rallying 60% over the past year, producing nearly twice the returns of the S&P 500. One trader sees shares trending higher in the weeks ahead. That’s based on the December 20 $19 calls. With 35 days until expiration, 5,377 contracts traded compared to a prior open interest of 154, for a 35-fold rise in volume on the trade. The buyer of the calls paid $0.20 to make the bullish bet. Huntington shares ...
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Bet on Strong Consumer Spending
Since the election, markets have shifted back to rally mode. Optimism is back, as it’s likely that growing the economy will be the focus out of Washington for the next four years. If that’s the case, then stocks have more room to rally. And the big winners could be smaller players in their industry that benefit from higher growth and increased deregulation. Traders are already making their bets, but these plays have more room to rally. Given that consumers are getting more ...
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Insider Activity Report: Terex Corp (TRX)
David Sachs, a director at Terex Corp (TRX), recently bought 10,000 shares. The buy increased his stake by 2%, and came to a total cost of $569,800. This is the first insider buy since August, when another company director bought 2,205 shares, paying $119,864. One company insider has been a seller recently, a division president who sold off nearly 10% of his stake for just over $1 million. Going further back, insiders were more likely to be sellers. Overall, ...
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Unusual Options Activity: Taiwan Semiconductor (TSM)
Chip manufacturer Taiwan Semiconductor (TSM) is up 96% over the past year, nearly triple the return of the overall stock market. One trader sees shares continuing higher in the weeks ahead. That’s based on the December 13 $200 calls. With 29 days until expiration, 19,727 contracts traded compared to a prior open interest of 310, for a 64-fold rise in volume on the trade. The buyer of the calls paid $5.25 to make the bullish bet. TSM shares recently traded for about ...
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The AI Infrastructure Play Still Has More Room to Run
With stocks breaking out to new all-time highs, the play that kicked off the current market rally over two years ago, AI, remains strong. But investors are breaking out beyond chip plays to other aspects of the AI rollout. That includes everything from hardware such as server racks, to data centers, to the land, electricity, and copper needed to build the physical infrastructure of today’s most-advanced software. With so many avenues open, investors still have plenty of ways to profit. For instance, ...
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Insider Activity Report: Noble Corp (NE)
Apmh Invest, a major holder of Noble Corp (NE), recently bought 1,330,000 shares. The buy increased the fund’s position by 5%, and came to a total cost of $46,104,795. The fund was the last buyer with a 638,018 share pickup in July, increasing their position by 2%, at a cost of just over $28.9 million. The company CFO was also a buyer of nearly $100,000 back in March. Overall, Noble Corp insiders own 19.8% of shares. The oil and gas drilling company ...
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