14021

The Big Money Is Made in Fearful Markets

The past few weeks have shown that inflation still remains a problem, and that consumers may be close to tapping out. That’s slowed down the move higher in retail stocks, many of which had started moving higher in the autumn ahead of the holiday season. However, the market selloff over the past year has already created a number of values. With fear dominating some sectors today, buying industry leaders may prove ideal for finding market-beating returns in the months and years ...
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14023

Insider Trading Report: M&T Bancorp (MTB)

Richard Ledgett, a director at M&T Bancorp (MTB) recently bought 390 shares. The buy increased his holdings by 11 percent, and came to a total cost of $61,000. This marks the first insider buy at the bank since last July. Over the past two years, company directors and executives have been regular sellers of shares since then, largely through the exercise of stock options. Company insiders own 0.5 percent of shares. The regional bank is down 14 percent over the past year, ...
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14025

Unusual Options Activity: Schlumberger Limited (SLB)

Shares of oil and gas equipment and services company Schlumberger Limited (SLB) have gained 37 percent in the past year. One trader sees the stock continuing to rally in the coming weeks. That’s based on the April $65 call. With 51 days until expiration, 35,216 contracts traded compared to a prior open interest of 234, for a 151-fold rise in volume on the trade. The buyer of the calls paid $0.36 to make the bullish bet. Schlumberger shares recently went for about ...
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14014

Recurring Revenue Companies Are Still Worth Buying in Market Chaos

Usually, Wall Street loves companies that have recurring revenue. That means they get to charge customers on a regular basis, rather than during a single sale. Many tech companies have embraced the model, as it means a steadier source of revenue. However, shifting to a recurring revenue model can cause some trouble. That’s because some companies have built up other successful models, such as one-time sales or as multi-year contracts that are billed up front. That latter category applies to Autodesk (ADSK) ...
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14017

Insider Trading Report: Intel (INTC)

Patrick Gelsinger, CEO at Intel (INTC), recently bought 9,700 shares. The buy increased his stake by 2 percent, and came to a total cost just over $249,000. That’s the first buy in nearly a month, following a 9,050 share pickup from the company CFO, which came to a cost of about $251,400 when it was made. Overall, company insiders have been steady and active buyers in the past year, with only one small insider sale. Overall, insiders at the chipmaker own ...
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14019

Unusual Options Activity: Equinor ASA (EQNR)

Shares of Norwegian oil and gas company Equinor ASA (EQNR) have traded flat over the past year, underperforming the energy sector. One trader sees shares closing that gap by the end of 2023. That’s based on the January 2024 $38.99 calls. With 325 days until expiration, 10,200 options traded compared to a prior open interest of 134, for a 76-fold rise in volume on the trade. The buyer of the calls paid $1.60 to make the bullish bet. Shares recently traded for ...
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14008

Could This Be the Perfect Tech Stock for Long-Term Investors?

When it comes to tech, it’s easy for investors to get burned. That’s because any one tech company may only play to a trend that goes in and out of fashion. Investors who jumped into alternative energy, cryptocurrencies, or anything related to electric vehicles may agree. However, a tech company that can play to multiple trends can fare well for investors over time. That’s because it can continue to grow, even as some trends go out of favor with the market. That’s ...
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14009

Insider Trading Report: Caterpillar (CAT)

David MacLennan, a director at Caterpillar (CAT), recently bought 400 shares. The buy increased his holdings by 12 percent, and came to a total cost of $99,716. The director was the last buyer of Caterpillar shares back in May. Otherwise, company insiders have been sellers of shares, mostly from the exercise of stock options. The sales have included both directors and executives. Overall, company insiders own 0.15 percent of shares. The farm machinery company is up 28 percent in the past year, ...
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