Unusual Options Activity: Cameco (CCJ)

Uranium producer Cameco (CCJ) is up 60 percent over the past year. But shares are down about 20 percent in the past month. One trader sees shares resuming their uptrend in the coming months. That’s based on the September $48 calls. With 190 days until expiration, 10,094 contracts traded compared to a prior open interest of 159, for a 63-fold rise in volume on the trade. The buyer of the calls paid $3.40 to make the bullish bet. Cameco recently traded for ...
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Profit From the Management of this Unstoppable Trend

Many of today’s big tech trends have one thing in common. They require massive amounts of data to process. It doesn’t matter if it’s for autonomous vehicles, or state-of-the-art AI software, or simply storing data such as photos and videos. If anything, these big tech trends suggest that data needs will accelerate. Companies that can organize, sort, store, and quickly recall data will continue to benefit from this trend. And that means increasing profits for investors. One of the most important components ...
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Insider Activity Report: Celanese (CE)

Mark Murray, an SVP at Celanese (CE), recently bought 597 shares. The buy came to a total cost of $93,389, and increased his holdings by 5 percent. This is the first insider activity since last May. Murray was a buyer twice last year, each time making a buy in the 1,000 share-range, and costing just over $100,000. Another company SVP was also a buyer last May, with a 2,000 share buy totaling just under $215,000. Overall, Celanese insiders own 0.4 percent ...
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Unusual Options Activity: Fifth Third Bancorp (FITB)

Regional bank Fifth Third Bancorp (FITB) is up 38 percent over the past year, beating the overall market. One trader sees shares continuing to perform well in the weeks ahead. That’s based on the April $38 calls. With 37 days until expiration, 13,840 contracts traded compared to a prior open interest of 104, for a massive 133-fold rise in volume on the trade. The buyer of the calls paid $0.97 to make the bullish bet. FITB shares recently traded just under $37, ...
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Beware Companies Raising Cash the Wrong Way

Companies have a number of ways to fund their operating needs. A company can sell shares of stock, such as in an IPO. Selling shares dilutes existing shareholders, so companies that regularly issue shares are likely to underperform. Otherwise, companies may want to go to the debt market. By offering debt, companies aren’t diluting shareholders. But that debt adds a cost to the balance sheet that needs to come from cash flows. Overly indebted companies can be poor performers. Companies that use ...
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Insider Activity Report: Snowflake (SNOW)

Mark McLaughlin, a director at Snowflake (SNOW), recently bought 3,030 shares. The buy came to a total cost of $501,314, and increased his stake by 35 percent. McLaughlin was the last director to buy with an 1,831 share pickup for just under $300,000 in May 2023. Otherwise, company insiders have been regular and steady sellers of shares, usually following the expiration of stock options. Overall, Snowflake insiders own 6.5 percent of shares. The cloud-based app platform is up 28 percent over the ...
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Unusual Options Activity: Hilton Worldwide Holdings (HLT)

Shares of hotel operator Hilton Worldwide Holdings (HLT) are up 45 percent over the past year, significantly outperforming the overall market. One trader is betting on a further rally in the coming months. That’s based on the June $185 calls. With 101 days until expiration, 15,019 contracts traded compared to a prior open interest of 249, for a 60-fold rise in volume on the trade. The buyer of the calls paid $26.00 to make the bullish bet. Hilton shares recently broke ...
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This Retailer Could Set Itself Up for a Big Jump in Revenues

Retail is typically a tough business. A retailer buys up goods that someone else has produced, and has to sell them at a profit. Competition keeps prices from moving too far higher from other sellers. And the costs to operate stores can be substantial. That kind of business model has made for great long-term returns in some of the biggest retailers. They’re able to get the lowest prices thanks to the volume of goods that they sell. But some retailers can do ...
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