Trading Tips Blog

Memory chip manufacturer Micron Technology (MU) is up 46% over the past year, outperforming the market. One trader sees further upside ahead for shares in the coming weeks. That’s based on the November 29 $135 calls. With 21 days until expiration, 9,404 contracts traded compared to a prior open interest of 237, for a 40-fold rise in volume on the trade. The buyer of the calls paid $0.26 to make the bullish bet. Micron shares last traded for about $112. The stock ...
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Nearly two years into a bull market driven by AI, returns on big-cap tech companies have slowed. While they’re likely worth picking up during a market correction, better returns may lie elsewhere. Rather, it’s smaller players less directly involved with the AI space that are likely to lead here. That still includes several hardware plays, as well as investments related to expanding the power grid and increased automation brought about by AI. In that space, industrial automation leader
Emerson Electric (EMR) may fit ...
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David Wilson, President and CEO of
Columbus McKinnon Corporation (CMCO), recently bought 31,300 shares. The buy increased his stake by 24%, and came to a total cost of $1,002,155. This is the first insider buy since August, when a company SVP bought a small position for less than $1,000. And a company director was a buyer in May, picking up $58,000 of shares in an initial stake. Going back further, insiders were slight sellers of shares. Overall, Columbus McKinnon insiders own 2.4% ...
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Optical retailer National Vision Holdings (EYE) is down 33% over the past year, but shares have started to rally higher in recent sessions. One trader sees that uptrend continuing over the coming weeks. That’s based on the December 20, 2024 $12.50 calls. With 43 days until expiration, 10,039 contracts traded compared to a prior open interest of 173, for a 58-fold rise in volume on the trade. The buyer of the calls paid $1.05 to make the bullish bet. National Vision Holdings ...
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Right now, trillions of dollars sit on the sidelines. It’s being invested in short-term cash, which still earns a relatively high yield. But with interest rates starting to trend lower, cash will soon offer a less attractive yield. Meanwhile, stocks are still near their all-time highs, but could see some volatility. It wouldn’t be surprising if some of that sidelined cash took advantage of market fears to invest in stronger long-term prospects. One company with a massive cash hoard is Berkshire Hathaway ...
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Rolf Stangl, a director at Reynolds Consumer Products (REYN), recently bought 7,207 shares. The buy is an initial stake for the director, and came to a total cost of $196,378. This marks the first insider buy since May 2023, when a company VP bought 5,000 shares for just under $135,000. Otherwise, there was one insider sale back in September, for just over $576,000. Otherwise, company insiders have been inactive over the past two years. Overall, Reynolds insiders own 74.2% of shares. The ...
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Packaged foods producer The J.M. Smucker Company (SJM) has traded flat over the past year, even as the overall stock market has rallied by over 30%. One trader sees shares breaking higher into 2025. That’s based on the January 17, 2025, $120 calls. With 72 days until expiration, 6,052 contracts traded compared to a prior open interest of 293, for a 21-fold rise in volume on the trade. The buyer of the calls paid $2.80 to make the bullish bet. Smucker shares ...
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Friday’s jobs data indicates a slowdown in the labor market. And year-over-year PCE inflation data from last week shows that’s trending down as well. The slowing economy may be slowing too quickly for some, even if it’s still growing overall. No matter what the economy does, investors have plenty of opportunities that should continue to produce safe, steady returns. Whether the economy further slows, or accelerates back to growth. One long-term potential winner is retail giant Walmart (WMT). The biggest company ...
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