This Industry Leader Is Finally Coming Off Overbought Conditions
While stocks can trend higher or lower for long periods of time, they will occasionally take a breather. That can provide a buying opportunity for investors, particularly for great companies pulling back. Over the long haul, buying a great company on a drop can lead to better returns than buying high and hoping to sell higher. Traders who wait for companies to come off of overbought conditions get the reward of market outperformance for their patience. Chipmaker
Nvidia (NVDA) has been a runaway ...
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Nvidia (NVDA) has been a runaway ...
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Insider Activity Report: Blackstone (BX)
Ruth Porat, a director at
Blackstone (BX), recently bought 298 shares. The buy increased her holdings by 1 percent, and came to a total cost of $30,817. This marks the first insider buy in three months, following a similarly-sized buy from the director. She has made similar buys going into the last year as well. Two company insiders sold shares in the past month, including Blackstone’s chief accounting officer. Overall, insiders at the money manager own about 0.5 percent of shares. Blackstone is ...
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Blackstone (BX), recently bought 298 shares. The buy increased her holdings by 1 percent, and came to a total cost of $30,817. This marks the first insider buy in three months, following a similarly-sized buy from the director. She has made similar buys going into the last year as well. Two company insiders sold shares in the past month, including Blackstone’s chief accounting officer. Overall, insiders at the money manager own about 0.5 percent of shares. Blackstone is ...
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Unusual Options Activity: Citigroup (C)
Major Wall Street bank
Citigroup (C) has lost nearly 20 percent over the past year. One trader sees the bank bucking its downtrend and moving higher in the months ahead. That’s based on the December $44 calls. With 122 days until expiration, 5,731 contracts traded compared to a prior open interest of 229, for a 25-fold rise in volume on the trade. The buyer of the calls paid $3.10 to make the bullish bet. Shares recently went for just over $44, making this ...
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Citigroup (C) has lost nearly 20 percent over the past year. One trader sees the bank bucking its downtrend and moving higher in the months ahead. That’s based on the December $44 calls. With 122 days until expiration, 5,731 contracts traded compared to a prior open interest of 229, for a 25-fold rise in volume on the trade. The buyer of the calls paid $3.10 to make the bullish bet. Shares recently went for just over $44, making this ...
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Keeping Customers Happy Tends to Pay Off Over Time
Companies that succeed over the long term continue to find new ways to offer value to their customers. Some of that value can come from providing new products and services that compliment existing ones. Other companies offer better value with a higher quality user experience, with better service and interest. No matter what the specifics are, companies that continue to find new ways to drive customer satisfaction will continue to see customers return time and again. Retailer
Target (TGT) has been working to ...
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Target (TGT) has been working to ...
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Insider Activity Report: Mid-America Apartment Communities (MAA)
William Sanders, a director at
Mid-America Apartment Communities (MAA), recently bought 5,000 shares across two transactions. The purchases increased his holdings by 13 percent, and came to a total cost of about $740,000. These mark the first insider buys over the past two years. Otherwise, there have been regular and steady sales by company insiders, largely at the EVP level. Some sales have been in the $1,000,000 range. Overall, company insiders own 0.7 percent of shares. The owner and operator of apartment buildings ...
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Mid-America Apartment Communities (MAA), recently bought 5,000 shares across two transactions. The purchases increased his holdings by 13 percent, and came to a total cost of about $740,000. These mark the first insider buys over the past two years. Otherwise, there have been regular and steady sales by company insiders, largely at the EVP level. Some sales have been in the $1,000,000 range. Overall, company insiders own 0.7 percent of shares. The owner and operator of apartment buildings ...
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Unusual Options Activity: ConocoPhillips (COP)
Energy giant
ConocoPhillips (COP) is up over 20 percent in the past year, nearly triple the return of the S&P 500. One trader sees shares trending higher in the months ahead. That’s based on the October $135 calls. With 70 days until expiration, 8,312 contracts traded compared to a prior open interest of 140, for a 59-fold rise in volume on the trade. The buyer of the calls paid $0.65 to make the bullish bet. Shares recently traded around $116, so they would ...
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ConocoPhillips (COP) is up over 20 percent in the past year, nearly triple the return of the S&P 500. One trader sees shares trending higher in the months ahead. That’s based on the October $135 calls. With 70 days until expiration, 8,312 contracts traded compared to a prior open interest of 140, for a 59-fold rise in volume on the trade. The buyer of the calls paid $0.65 to make the bullish bet. Shares recently traded around $116, so they would ...
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This Former Market Darling Looks Ready to Turn Around
Some sectors of the market are cyclical, moving in and out of favor with investors. Typically, a stock that gets overbought will see a big correction. And stocks that get oversold will come roaring back. In today’s market, looking for oversold opportunities looks like a good way to buck a possible market pullback after a strong run this year. Investors who buy such companies may see some volatility, but could make big returns in a few months to a year. One oversold ...
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Insider Activity Report: Enterprise Products Partners (EPD)
William Montgomery, a director at
Enterprise Products Partners (EPD), recently bought 50,000 shares. The buy increased his holdings by 77 percent, and came to a total cost of $1.33 million. This marks the first insider buy since March, when one of the company’s co-CEOs bought 15,835 shares for just under $401,000. There have been nearly two dozen insider buys over the past two years, with no insider sales. Overall, company insiders own 32.7 percent of shares. The oil and gas pipeline company is ...
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Enterprise Products Partners (EPD), recently bought 50,000 shares. The buy increased his holdings by 77 percent, and came to a total cost of $1.33 million. This marks the first insider buy since March, when one of the company’s co-CEOs bought 15,835 shares for just under $401,000. There have been nearly two dozen insider buys over the past two years, with no insider sales. Overall, company insiders own 32.7 percent of shares. The oil and gas pipeline company is ...
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