12522

There’s Still Time to Pick Up Growing Big Tech Stocks at a Discount

The stock market has rebounded strongly in the past few days. While fears of inflation and other issues may cause a few more drops in the weeks and months ahead, many tech names have fared worse than the overall market. Investors waiting for an entry point are looking at a decent one for many tech stocks, particularly big-name companies that can likely continue growing strongly no matter what happens with the economy. One example is
Adobe (ADBE). The company just beat on its ...
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12524

Insider Trading Report: Old Republic International (ORI)

Barbara Adachi, a director at
Old Republic International (ORI), recently bought 2,300 shares. The buy represents an initial stake for the director, and the purchase price came to just over $59,000. This is the second insider buy this month, following a buy from another director, although for just 118 shares. Company insiders have been regular buyers over the past few years, although a few large insider sales have overshadowed those buys. Overall, insiders own 7.6 percent of the company. Shares of the property ...
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12525

Unusual Options Activity: Barclays PLC (BCS)

Shares of UK-based bank
Barclays PLC (BCS) had a sharp selloff over the past few months that has recently started to reverse. One trader sees a continued move higher. That’s based on the May $10 calls. With 57 days until expiration, 13,154 contracts traded compared to a prior open interest of 296, for a 44-fold jump in volume on the option. The buyer of the calls paid $0.43 to make the trade. Shares of the bank were recently going for just over $9 ...
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12513

Consider Growth Plays Nearing Value Territory Amid This Market Selloff

Every market selloff creates an opportunity to buy growth names at a big discount. Typically, investors start discounting growth when a crisis starts, so faster-growing companies sell off more. Growth comes in a variety of sectors and can be measured in a few different ways. Besides looking at obvious big-cap tech names on a selloff, other growth names could deliver market-beating returns at today’s prices. One such potential winner is
Five Below (FIVE). The retailer that lists all its products for $5 or ...
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12516

Insider Trading Report: Landsea Homes Corp (LSEA)

John Ho, CEO at
Landsea Homes Corp (LSEA), recently picked up 30,769 shares. The buy increased his holdings by nearly 7 percent, and came to a total purchase price of just over $274,000. The buy comes following a number of director buys over the past several days. And company insiders have been further bullish on the stock going back into the last year. There have been no insider sales over the past three years. Insiders at the company own 77 percent of ...
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12518

Unusual Options Activity: Ford Motors (F)

Shares of automaker
Ford Motors (F) have been in a decline since hitting a multi-year high back in January. One trader is betting the downtrend will reverse in the next few trading sessions. That’s based on the April 8th $16 calls. With 16 days until expiration, 26,528 contracts traded hands compared to an open interest of 721, for a 37-fold rise in volume. The buyer of the calls paid $0.97 to make the trade. Ford shares recently traded for about $16.50, making these ...
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12509

Defensive Plays with a Domestic Focus Could Perform Strongly in Today’s Environment

The past few weeks has seen a flurry of US companies announcing the termination of their business in Russia. That will impact the bottom line of some companies more than others, given the state of Russia’s economy. For some players, like fast food operations, the loss of the Russian market can have a big impact. For other sectors, there may not be much more than a symbolic gesture. One surprising winner in today’s environment could be
The Wendy’s Company (WEN). The fast-food chain ...
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12510

Insider Trading Report: Kennedy-Wilson Holdings (KW)

Richard Boucher, a director at
Kennedy-Wilson Holdings (KW), recently added 24,000 shares. The buy increased his holdings by just over 50 percent, and came to a total cost just under $563,000. This marks the first insider transaction of 2022. Going back one year, company insiders have been exclusively buyers, with a few sales going back further. Over the past three years, insider buys have slightly beaten out insider sales. Overall, insiders at the company own about 15 percent of shares. Shares of the ...
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