Smaller Companies Still Have Room to Run in the Great AI Buildout
2023 has been a great year for big-cap tech companies, particularly those investing heavily in artificial intelligence (AI). That’s especially true for hardware companies that can provide the tools necessary to run today’s latest AI programs.
Most of these massive companies are priced for perfection, however. Smaller companies, which haven’t had the investor interest yet, could be better players in the AI space, as they catch up to the big names that moved first on the AI news.
For instance, memory chip ...
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Insider Activity Report: Enterprise Products Partners (EPD)
Aj Teague, Co-CEO of
Enterprise Products Partners (EPD), recently bought 2,410 shares. The buy increased his stake by less than 1 percent, and came to a total cost of $63,076. This is the first buy at the company in just over a month, following a 10,000 share pickup from a company director, at a cost just under $260,000. Other company directors have been steady buyers over the past two years, with no insider sales. In total, EPD insiders own 32.7 percent of ...
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Enterprise Products Partners (EPD), recently bought 2,410 shares. The buy increased his stake by less than 1 percent, and came to a total cost of $63,076. This is the first buy at the company in just over a month, following a 10,000 share pickup from a company director, at a cost just under $260,000. Other company directors have been steady buyers over the past two years, with no insider sales. In total, EPD insiders own 32.7 percent of ...
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Unusual Options Activity: Sea Limited (SE)
Asia-based ecommerce platform
Sea Limited (SE) has dropped 30 percent in the last year. One trader is betting on shares to start the year trending higher. That’s based on the January 19, 2024 $42.00 calls. With 25 days until expiration, 6,065 contracts traded compared to a prior open interest of 196, for a 31-fold rise in volume on the trade. The buyer of the calls paid $1.20 to make the bullish bet. Sea Limited recently traded for about $38, so they would ...
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Sea Limited (SE) has dropped 30 percent in the last year. One trader is betting on shares to start the year trending higher. That’s based on the January 19, 2024 $42.00 calls. With 25 days until expiration, 6,065 contracts traded compared to a prior open interest of 196, for a 31-fold rise in volume on the trade. The buyer of the calls paid $1.20 to make the bullish bet. Sea Limited recently traded for about $38, so they would ...
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This Big Tech Company Is an Overlooked AI Play Growing Revenues Now
AI has been the major market theme of 2023. It’s easy to see why. AI technologies can improve a company’s operations at a significantly low cost. For big-tech companies, small improvements can mean billions of dollars in extra revenues and profits.
That’s why the trend has been great for big tech stocks. One big tech stock has already started to benefit from rolling out AI technology.
That company is
Salesforce (CRM), a producer of customer relationship management software that is provided to companies ...
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Salesforce (CRM), a producer of customer relationship management software that is provided to companies ...
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Insider Activity Report: Chart Industries (GTLS)
Linda Harty, a director at
Chart Industries (GTLS), recently bought 1,000 shares. The buy increased her stake by 14 percent, and came to a total cost of $130,140. The director made a 500 share buy the day before. Another company director also picked up 400 shares in the same week. Going further back, company executives and directors have been regular and steady buyers of shares, with the last insider sale occurring in September 2021. In total, Chart Industries insiders own 0.6 percent ...
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Chart Industries (GTLS), recently bought 1,000 shares. The buy increased her stake by 14 percent, and came to a total cost of $130,140. The director made a 500 share buy the day before. Another company director also picked up 400 shares in the same week. Going further back, company executives and directors have been regular and steady buyers of shares, with the last insider sale occurring in September 2021. In total, Chart Industries insiders own 0.6 percent ...
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Unusual Options Activity: SoFi Technologies (SOFI)
Credit service provider
SoFi Technologies (SOFI) has more than doubled in the past year, rebounding from big losses in 2022. One trader sees shares trending lower in the next two years. That’s based on the January 16, 2026 $2 puts. With 756 days until expiration, 10,014 contracts traded compared to a prior open interest of 130, for a 77-fold rise in volume on the trade. The buyer of the puts paid $0.19 to make the bearish bet. Shares recently traded just over $9 ...
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SoFi Technologies (SOFI) has more than doubled in the past year, rebounding from big losses in 2022. One trader sees shares trending lower in the next two years. That’s based on the January 16, 2026 $2 puts. With 756 days until expiration, 10,014 contracts traded compared to a prior open interest of 130, for a 77-fold rise in volume on the trade. The buyer of the puts paid $0.19 to make the bearish bet. Shares recently traded just over $9 ...
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For An Improving Economy, Consider This Key Service Player
Recent economic data shows that inflation is slowing. And that consumers are holding up well, as is the job market. That suggests the economy could trend higher next year.
Should that happen, there are a number of companies that stand to benefit. That includes companies that cater to the movement of goods and services across the economy. These companies have seen a drop with a slowdown in spending on goods in 2023, but stand to see improving conditions next year.
Among global ...
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Insider Activity Report: Vestis Corporation (VSTS)
Douglas Pertz, a director at
Vestis Corporation (VSTS), recently bought 10,370 shares. The buy increased his stake by 78 percent, and came to a total cost of $200,627. This marks first insider activity at the uniform rental and purchasing company since it went public in October, as part of a spinoff from
Aramark (ARMK), as company directors and executives have refrained from making any changes in their holdings so close to the spinoff. Overall, Vestis insiders own 0.3 percent of shares. Shares are up ...
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Vestis Corporation (VSTS), recently bought 10,370 shares. The buy increased his stake by 78 percent, and came to a total cost of $200,627. This marks first insider activity at the uniform rental and purchasing company since it went public in October, as part of a spinoff from
Aramark (ARMK), as company directors and executives have refrained from making any changes in their holdings so close to the spinoff. Overall, Vestis insiders own 0.3 percent of shares. Shares are up ...
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