Unusual Options Activity: Cameco (CCJ)
Shares of uranium producer Cameco (CCJ) have been trending higher as traders have become interested in the commodity. One trader sees substantial upside ahead in the coming weeks. That’s based on the May $40 calls. With 40 days until expiration, 33,241 contracts traded against a prior open interest of 157, for a 212-fold surge in volume on the trade. The buyer of the calls paid $0.37 to make the buy. With shares just over $28 recently, the stock would need to ...
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Time to Consider Long-Term Plays on Today’s Top Growing Tech
The tech selloff of the past year has made a number of companies a relative value play. That’s especially true to firms that are investing in long-term trends. While they won’t play out overnight, buying key suppliers to the tech space on market drops should result in market-beating returns when the next rebound occurs. One area that’s been hit hard thanks to supply chain issues and shutdowns is in the automotive space, particularly EV production. But for patient investors, now may be ...
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Insider Trading Report: Groupon Inc (GRPN)
Jan Barta, a major holder at Groupon Inc (GRPN), recently added 123,346 shares. The buy increased her stake by just under 7 percent, and came to a total purchase price of $2.374 million. This marks the first insider activity of the year, and the first buy from insiders since 2020. Last year saw two directors make small sales of shares. Going back to 2020, both buyers and sellers were far more active. Overall, insiders own 25.7 percent of shares. The company, which ...
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Unusual Options Activity: Apple (AAPL)
Shares of consumer tech giant Apple (AAPL) have been in a range near all-time highs over the past few months. One trader sees shares moving higher in the coming weeks. That’s based on the May 13th $180 calls. With 36 days left until expiration, 16,046 contracts traded compared to a prior open interest of 330, for a 49-fold jump in volume on the contract. The buyer of the calls paid $3.90 to get into the trade. The stock recently traded near ...
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Investors Give Good Managers Excessive Control – But It’s Usually Worth It
There are plenty investment sayings about how company management can make or break a firm’s stock returns. And in today’s world, where retail investors own a minuscule number of shares and institutions tend to trade in and out of shares, company management tends to drive control. In many cases, letting the full-time employees devoted to the company run the show is a good thing. In other cases, such as where control is closely held by a family, the results can sometimes ...
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Insider Trading Report: HP Inc (HPQ)
Bruce Broussard, a director at HP Inc (HPQ), recently added 6,810 shares. The buy increased his holdings by 131 percent, and came to a total price of just under $250,000. This marks the first insider buy at the company going back to June 2020. Other company insiders, including C-suite executives and directors, have otherwise been regular sellers of shares in the past few years. Insiders own just under 0.2 percent of outstanding shares. The imaging and printing technology company has seen its ...
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Unusual Options Activity: Tenet Healthcare Corporation (THC)
Shares of healthcare services company Tenet Healthcare Corporation (THC) have been steadily rising over the past year. One trader sees the possibility for further gains in the next few weeks. That’s based on the May $85 calls. With 44 days until expiration, 2,550 contracts traded compared to an open interest of 100, for a 25-fold rise in volume on the trade. The buyer of the calls paid $4.10 to enter the position. The stock recently traded near $82.50, so shares would need ...
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One Company Shows Compelling International Growth with Low Geopolitical Risks
Russia’s invasion of Ukraine has led to a sharp pullback among international investments. Yet some companies are able to buck the trend and still grow right now. The top contender for such growth could be in social media plays. With many looking to bypass official news (often controlled on some level by governments), such companies could provide one of the few pockets of international growth in the next few months. One such play is Twitter (TWTR). The social media company has ...
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