Insider Activity Report: Walgreens Boots Alliance (WBA)

Valerie Jarrett, a director at Walgreens Boots Alliance (WBA), recently bought 4,456 shares. The buy is a new stake for the director, and came to a total cost of $99,993. This is the second buy of the year, following a 10,000 share pickup from the company CEO, costing just over $242,000. One director sold their entire stake so far this year, otherwise the last executive sale occurred back in November. Overall, Walgreens insiders own 17.4 percent of shares. The pharmacy chain has ...
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Unusual Option Activity: The Trade Desk (TTD)

Digital media advertisement app The Trade Desk (TTD) is up 33 percent over the past year. One trader sees further upside ahead for shares in the coming months. That’s based on the April $60 calls. With 72 days until expiration, 20,206 contracts traded compared to a prior open interest of 272, for a 74-fold rise in volume on the trade. The buyer of the calls paid $13.40 to make the bullish bet. The Trade Desk shares recently traded for around $70, meaning ...
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Over Time, Earnings Matter, Not the Market’s Reaction to Earnings

Earnings season offers investors the opportunity to profit from market overreactions. That’s because a company can have a great quarter, but still see shares decline. Or vice versa. What matters most is to determine if the market is overreacting. If the market has overreacted to the downside, investors may be able to earn a quick profit as shares rebound. Or it can allow an investor to build a stake in great companies at a reasonable price. One such opportunity now is with ...
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Insider Activity Report: Cleveland Cliffs (CLF)

Ron Bloom, a director at Cleveland Cliffs (CLF), recently bought 25,000 shares. The buy increased his stake by over 1,000 percent, and came to a total cost of $506,095. This marks the first insider activity since last May, when another company director bought 10,000 shares, paying just under $150,000 to do so. The company President and CEO was a buyer last year, picking up about $1.6 million in shares overall. In total, Cleveland Cliffs insiders own 1.6 percent of shares. The steel ...
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Unusual Option Activity: AT&T (T)

Telecom operator AT&T (T) is down 13 percent over the past year, but shares are trending higher following strong earnings. One trader sees further upside in the coming weeks. That’s based on the March $19 calls. With 38 days until expiration, 323,242 contracts traded compared to a prior open interest of 1,536, for a massive 210-fold surge in volume on the trade. The buyer of the calls paid $0.19 to make the bullish bet. AT&T shares recently traded for about $18, so ...
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Pick Up the Best-Valued Magnificent Seven Stock in the Coming Weeks

Big tech earnings took some of the froth out of the recent market rally. It’s also causing growth names to sell off. The selloff will likely take a few weeks to play out. That could give investors an opportunity to buy into the big-cap tech names before their next move higher. With some companies still reporting, the real focus now should be on the big tech play with the best valuation and opportunities moving forward. Currently, that leadership belongs to Alphabet (GOOG) ...
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Insider Activity Report: Kimberly Clark (KMB)

Mark Smucker, a director at Kimberly Clark (KMB), recently bought 827 shares. The buy was a new position for the director, and came to a total cost of $100,051. This marks the first insider buy at the company in the past two years. Company insiders have been regular sellers of shares, particularly division presidents and the company CEO. Most of the sales have occurred following the exercise of stock options. Overall, Kimberly Clark insiders own 0.3 percent of shares. The paper ...
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Unusual Option Activity: Chevron (CVX)

Oil and gas giant Chevron (CVX) is down 12 percent over the past year as energy prices have trended lower. One trader is betting on a further decline in the months ahead. That’s based on the September $105 puts. With 230 days until expiration, 3,000 contracts traded compared to a prior open interest of 1,005, for a 29-fold rise in volume on the trade. The buyer of the puts paid $0.88 to make the bearish bet. Chevron recently traded for about $147, ...
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