This Great Company is Nearing a Buy Range

Great companies can offer long-term market outperformance. The downside? Investors often have to chase shares and buy near all-time highs. However, sometimes a company falls out of favor briefly and can make for a great buying opportunity. Today, a great company with massive cash flow and profitability is slightly out of favor. It’s at a solid long-term entry point for buyers. And there are some uncertainties which, once cleared, will allow shares to move higher. The company is consumer tech giant Apple ...
Read More
|

Insider Activity Report: Sphere Entertainment (SPHR)

James Dolan, CEO and Chairman at Sphere Entertainment (SPHR), recently bought 76,139 shares. The buy increased his holdings by 17 percent, and came to a total cost of $3.1 million. The buy came two days after Dolan made a  59,374 share buy, at a cost of $2.4 million. That makes for $5.5 million in buys in the past few weeks. Otherwise, the company CFO sold about $200,000 of shares earlier last month. Overall, Sphere Entertainment insiders own about 4.4 percent of ...
Read More
|

Unusual Options Activity: Zoom Video Communications (ZM)

Video conferencing company Zoom Video Communications (ZM) is trading flat over the past year. One trader sees shares trending lower in the months ahead. That’s based on the June $80 puts. With 107 days until expiration, 48,505 contracts traded compared to a prior open interest of 365, for a massive 133-fold rise in volume on the trade. The buyer of the puts paid $11.40 to make the bearish bet. Zoom shares recently traded for about $70, meaning the $80 puts are already ...
Read More
|

The AI Boom Will Continue to Benefit Key Suppliers

“Picks and shovels.” That’s the term used for companies that supply the hardware needed to support a boom. While it may have started with a gold rush, today’s picks and shovels are often the key pieces of hardware needed to run today’s software. As the AI Boom continues to roll out, pick-and-shovel plays can continue to benefit. The hardware sellers may not make the biggest profit margins or even get the headlines. But they stand to win. Specifically, they stand to make ...
Read More
|

Insider Activity Report: J.M. Smucker (SJM)

Tarang Amin, a director at J.M. Smucker (SJM), recently bought 900 shares. The buy increased his position by 90 percent, and came to a total cost of $109,998. The director was the most recent buyer with a 1,000 share buy back in December, at a cost of $125,050. Otherwise, company insiders have been moderate sellers of shares, with about half the sales coming from the exercise of stock options. Overall, Smucker insiders own 3.5 percent of shares. The packaged foods giant is ...
Read More
|

Unusual Options Activity: Kinder Morgan (KMI)

Oil pipeline company Kinder Morgan (KMI) is trading flat over the past year. Declining energy prices and a lack of interest in the space have kept a lid on shares. One trader sees a jump higher in the month ahead. That’s based on the April 5th $18 call option. With 31 days until expiration, 8,153 contracts traded compared to a prior open interest of 141, for a 58-fold rise in volume on the trade. The buyer of the calls paid $0.16. Kinder ...
Read More
|

For the Next Round of AI Winners, Look for Smaller Companies Benefiting Now

AI stocks have been soaring over the past year and change. Most of the focus has been on big-cap tech companies. They have the big bucks to invest heavily in these technologies right away. But there are other ways to play the trend. While not every AI stock will be a winner going forward, companies seeing real returns already may continue to benefit, and reward shareholders moving forward. One potential winner here is developer C3.AI (AI). The software company posted ...
Read More
|

Insider Activity Report: Cummins (CMI)

William Fisher, a director at Cummings (CMI), recently bought 562 shares. The buy increased his position by 111 percent, and came to a total cost of $149,810. This marks the first insider buy at the company over the past two years. Company insiders have largely been sellers of shares following the exercise of stock options, with sales sometimes ranging as high as over $13 million from the company’s Chairman. Overall, Cummins insiders own 0.4 percent of shares. The engine manufacturer is ...
Read More
|