15257

Consider Using This Annual Strategy Now, Not in January

There are plenty of market strategies that investors like to employ. And often, the start of a new year is an opportunity to make a change. However, investors don’t have to wait. Given that stocks will likely see a small pullback at the start of December then have a year-end rally, having a plan in place to profit now could lead to better returns. One investment strategy is the Dogs of the Dow. That’s a concept of buying the 5 highest yielding ...
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15258

Insider Activity Report: Heartland Express (HTLD)

The Ann S. Gerdin Revocable Trust, a major owner of
Heartland Express (HTLD), recently added 32,914 shares. The buy increased the trust’s holdings by less than 1 percent, and came to a total cost of $434,871. The buy came a week after the company CEO bought 95,602 shares, paying $1.25 million. Company insiders have been regular and steady buyers of shares over the past two years, with no insider sales. Overall, Heartland insiders own 44 percent of shares. The trucking company is down ...
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15259

Unusual Options Activity: Chewy (CHWY)

E-commerce pet supply retailer
Chewy (CHWY) has been out of favor with the market in the past year, with shares down 60 percent. One trader sees a potential recovery in the first half of 2024. That’s based on the July $30 calls. With 227 days until expiration, 5,500 contracts traded compared to a prior open interest of 161, for a 34-fold rise in volume on the trade. The buyer of the calls paid $1.00 to make the bullish bet. Chewy shares recently traded ...
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15249

Stick With this Winning Corner of the Energy Market

After a strong year in 2022, energy prices have been volatile for 2023. Oil is back under $80, after trending over $90 in the summer. Production cuts should have led to higher prices, but the world is getting more efficient at using energy. However, while conventional energy is down, it’s not out. Dreams of a green energy revolution are taking longer to realize than initially thought. Oil stocks could still be big winners for investors in the years ahead. That’s why investors ...
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15251

Insider Activity Report: Kemper Corporation (KMPR)

Joseph Lachner, President and CEO of
Kemper Corporation (KMPR), recently bought 5,000 shares. The buy increased his stake by 4 percent, and came to a total cost of $216,000. The buy came after two directors also picked up shares in the prior week, with one director buying 10,000 shares at a cost just under $414,000. Going further back, company insiders have a more mixed track record of buys and sells. Overall, Kemper insiders own 4.7 percent of shares. The property and casualty insurance ...
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15254

Unusual Options Activity: General Motors (GM)

Automobile producer
General Motors (GM) jumped nearly 10 percent on Wednesday, on news that they were undertaking a large share buyback. One trader sees the potential for shares to trade flat or lower from here instead. That’s based on the June 2024 $32 puts. With 217 days until expiration, 8,276 contracts traded compared to a prior open interest of 219, for a 38-fold rise in volume on the trade. The buyer of the puts paid $2.70 to make the bearish bet. General Motors ...
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15245

This Tech Trend Is Safer for Investors than AI

While the market still loves rewarding AI-based companies, the trend is an early one. It will take time to roll out. And much like the rollout of the internet, there will be big winners and losers. Fortunately, investors have other tech trends to profit from. That includes trends that are already bringing in revenues for companies today. One of the hottest such trends is cloud services. That’s been a big driver for many big tech companies. But it’s a solid performer for ...
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15246

Insider Activity Report: Arbor Realty Trust (ABR)

Ivan Kaufman, CEO at
Arbor Realty Trust (ABR) recently bought 35,000 shares. The buy increased his stake by 1 percent, and came to a total cost of $426,450. He was joined by the company CFO, who bought 10,000 shares on two separate transactions, for just under $123,000. A company director has also been a buyer in recent weeks. Going further back, insider buys have far exceeded insider sales. Overall, Arbor insiders own about 2.2 percent of shares. The mortgage REIT is down ...
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