This Overlooked Company Is Soaring, and Will Likely Continue Higher
Money follows eyeballs. That’s been true since the age of the newspaper. In the digital age, applications and platforms that can get users to spend time will attract advertisers and find ways to profit. Of course, tastes can change over time. And what looks like a poor investment opportunity may change into a great one as rising users and more eyeballs on a tech platform create an opportunity. One surprising winner could be Roblox (RBLX). Best known as a gaming platform designed ...
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Insider Activity Report: Ford Motor Company (F)
Douglas Field, chief EV design officer at Ford Motor Company (F), recently bought 182,000 shares. The buy increased his stake by 34 percent, and came to a cost of $2.01 million. This marks the first insider buy since March, when the company’s Executive Chairman spent $4.5 million to buy 267,697 shares. In the past few months, a few company officers have been sellers of shares following the exercise of stock options. Overall, Ford insiders own 0.2 percent of shares. The automaker has ...
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Unusual Options Activity: Cameco (CCJ)
Uranium producer Cameco (CCJ) has been steadily trending higher all year, with shares up 107 percent over the past 12 months. One trader is betting on a final rally to end the year. That’s based on the December 29 $52 calls. With 14 days until expiration, 20,146 contracts traded compared to a prior open interest of 136, for a 78-fold jump in volume on the option trade. The buyer of the calls paid $0.15. Cameco recently traded for about $45.50, so shares ...
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The Momentum Is Still Positive for This Winning Stock
There are many ways to invest in the market. One strategy is to follow stocks that have been going up. This is known as momentum trading. While many investors expect the market to potentially change with the start of a new calendar year, it’s likely that momentum will carry forward into the first months of 2024. That means that many of 2023’s big winners still have some upside in the coming months. The runaway winner for 2023 has been graphic processing unit ...
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Insider Activity Report: Union Pacific (UNP)
Vicenzo Vena, CEO of Union Pacific (UNP), recently bought 4,500 shares. The buy increased his position by a massive 742 percent, and came to a total cost of $999,007. This is the first insider buy at the railroad since October 2022, when a company director bought 1,380 shares, paying just under $260,000. Otherwise, there have been some small insider sales over the past two years. In total, Union Pacific insiders own 0.2 percent of shares. The railroad is up 7 percent over ...
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Unusual Options Activity: JetBlue Airways (JBLU)
Regional air carrier JetBlue Airways (JBLU) has lost 25 percent of its value over the past year, as the company has been working on a massive acquisition. One trader sees shares floundering in the weeks ahead. That’s based on the December 29 $5.50 puts. With 15 days until expiration, 15,271 contracts traded compared to a prior open interest of 141, for a 108-fold rise in volume on the trade. The buyer of the puts paid $0.30 to make the bearish bet. JetBlue ...
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This Small Tech Trend Could Return Big Results Next Year
In the tech space, many moves are cyclical. A new trend pops up, then dies out, only to pick back up again in the future. Investors can do well with these trends, provided they buy at the right point, make a quick profit, and then look for the next cycle ready to move. In the tech space, the personal computer (PC) market has been out of favor. It last surged at the start of the pandemic. But thanks to the increase ...
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Insider Activity Report: The Walt Disney Company (DIS)
Amy Chang, a director at The Walt Disney Company (DIS), recently bought 1,078 shares. The buy increased her stake by 21 percent, and came to a total cost of $99,918. This is the first insider buy at the company in the past two years. Company insiders have been steady sellers, with a mix of sales following the exercise of stock options and regular sales. Overall, Walt Disney insiders own less than 0.1 percent of shares. The media giant is down about 2 ...
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