Insider Activity Report: Warner Bros Discovery (WBD)
Gerhard Zeiler, International President at Warner Bros Discovery (WBD), recently bought 100,000 shares. The buy increased his stake by 12%, and came to a total cost of $830,000. This marks the first insider buy of 2024. Zeiler was a buyer last year, picking up 38,000 shares at a cost of $535,420. Another company director was a buyer late last year, and the company CFO bought 15,000 shares in mid-2023. Overall, Warner Bros Discovery insiders own 9.2% of shares. The media conglomerate ...
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Unusual Options Activity: Starbucks (SBUX)
Coffee chain Starbucks (SBUX) is down nearly 30% over the past year, and shares have been trending down since reporting earnings. One trader expects a rebound in the coming weeks. That’s based on the June 14 $81 calls. With 24 days until expiration, 2,684 contracts traded compared to a prior open interest of 110 contracts, for a 24-fold rise in volume on the trade. The buyer of the calls paid $0.63 to make the bullish bet. Starbucks shares recently traded for about ...
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This Stealth AI Play Will Keep Trending Higher
The AI rally of the past 18 months has largely focused on big-tech names and semiconductor manufacturers. But AI’s applications can encompass and benefit every company, no matter what industry it’s in. That’s leading to a number of stealth AI plays. These are companies that will benefit from the rise of this technology and its rollout in the years ahead. Investors who buy into these companies can see market-beating returns in the years ahead. One such company is Dell Technologies (DELL). Best ...
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Insider Activity Report: Public Storage (PSA)
Kristy Pipes, a director at Public Storage (PSA), recently bought 2,149 shares. The buy is a new stake for the director, and came to a total price of $599,485. This marks the first insider buy since December 2022, when the company President and CEO bought 2,500 shares at a price of $744,137. Otherwise, there have been a few insider sales in 2023, including some large sales by a director following the expiration of stock options. Overall, Public Storage insiders own 10.2% ...
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Unusual Options Activity: BHP Group (BHP)
Base metals mining company BHP Group (BHP) has traded flat over the past year. One trader sees shares trending higher in the coming weeks. That’s based on the July $62.50 calls. With 58 days until expiration, 47,106 contracts traded compared to a prior open interest of 702, for a 67-fold rise in volume on the trade. The buyer of the calls paid $1.70 to make the bullish bet. BHP shares recently traded for about $60. So shares would need to rise by ...
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10 Best AI Stocks To Buy Now
10 AI Stocks to Buy Now Since its launch in November 2022, ChatGPT has unleashed a massive
investor interest in artificial intelligence (AI). That’s because generative AI like the kind developed by ChatGPT shows
how powerful this trend has become. And it’s kicked off a race by
companies to develop AI programs and systems of their own. With AI tools, companies can create more efficient manufacturing
processes. Reduce waste. Better utilize their workforce. Even if there are only small gains in those areas, that ...
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Is This Stock the Top Contrarian Buy Today?
Investors looking for market-beating returns have several strategies that they can use. One strategy is to buy a company that’s out of favor with the market. Ideally, the company is even hated. As long as that company can survive and the issues surrounding shares are temporary, the stock should trend higher in time. That could include big one-time events, like buying an oil company after a major oil spill. Today, the top contrarian opportunity is in Boeing (BA). The airline manufacturer has ...
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Insider Activity Report: Papa John’s International (PZZA)
Ravi Thanawala, CEO at Papa John’s International (PZZA), recently bought 1,900 shares. The buy increased his stake by 5%, and came to a total cost of $99,579. This is the only insider buy over the past three years. One director sold shares earlier this year following the exercise of a stock option. The last company executive who sold shares did so back in August 2022, selling off 20% of his position. Overall, Papa John's insiders own 1.3% of shares. The pizza chain ...
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