Don’t Bet Against Today’s Tech Winners in Today’s Fearful Markets

The stock market is in a downtrend, and that will likely continue until the Federal Reserve stops its current policy of raising interest rates. This downtrend is throwing out great companies along with weaker ones, and has hit the tech space fairly hard. That’s creating one of the best buying opportunities for investors in tech in years. That’s especially true with companies that can still deliver on growth in a slowing economy. Case in point is wireless semiconductor chip company Qualcomm (QCOM) ...
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Insider Trading Report: Dave & Buster’s Entertainment (PLAY)

Christopher Morris, CEO at Dave & Buster’s Entertainment (PLAY), recently bought 33,400 shares. The buy increased his holdings by nearly 226 percent, and came to a total price of just over $1.02 million. Company insiders have a mixed history with shares over the past year, with a number of executive buys of shares. However, some non-C-suite executives have been sellers of shares in the past year. Over the past three years, company insiders have mostly been sellers. Overall, company insiders own ...
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Unusual Options Activity: Annaly Capital Management (NLY)

Shares of mortgage REIT Annaly Capital Management (NLY) have slid 27 percent in the past year, as interest rates have started to rise and the housing market has started to slow. One trader sees the possibility for a further drop. That’s based on the September $5 puts. With 60 days until expiration, 21,750 contracts traded compared to a prior open interest of 378, for a 58-fold rise in volume on the trade. The buyer of the puts paid $0.10 to make ...
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Consumer Brands Have Pricing Power Here—Making for Inflation-Beating Investments Now

Rising inflation has brought down stock values as uncertainty has increased. But a number of companies are able to raise prices and pass on the costs of inflation to their customers. That makes these companies able to maintain or even grow their profit margins during multi-decade high inflation. Once markets stop their current downtrend, these companies could continue to pay off and reward investors in the future. Consumer goods companies are best positioned for this trend. In this space, one leader is ...
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Insider Trading Report: Thor Industries (THOR)

Todd Woelfer, Chief Operating Officer at Thor Industries (THOR), recently added 1,225 shares. The buy increased his holdings by 1.8 percent, and came to a total price of just under $100,000. This follows up on some recent buys from company insiders in the past few months, including two director buys back in June. Buying activity goes back to last December, with insider sales earlier in 2021. Overall, insiders at the company own about 4.5 percent of shares. The recreational vehicle manufacturing company ...
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Unusual Options Activity: Transocean (RIG)

Shares of offshore oil and gas equipment company Transocean (RIG) are down about 30 percent in the past year, even as energy prices have been rising. One trader sees the potential for a further decline in shares in the next 11 months. That’s based on the May 2023 $1.50 puts. With 308 days until expiration, 15,308 contracts traded compared to a prior open interest of 104, for a massive 147-fold rise in volume on the trade. The buyer of the puts ...
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Now’s The Time to Look for Well-Managed Companies Lagging Peers

A company’s management can make or break a business. Some managers are so good that they can even become household names. Most aren’t so lucky. That’s how rare that quality is. In today’s markets, with nearly everything selling off, great companies with strong management are seeing their share price sag even if they’re setting up their business to prosper with the next economic turnaround. One case in point is Jamie Dimon, CEO at JPMorgan Chase (JPM). The bank has sagged nearly 30 ...
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Insider Trading Report: Schnitzer Steel Industries (SCHN)

Wayland Hicks, a director at Schnitzer Steel Industries (SCHN), recently added 2,000 shares. The buy increased the director’s stake by just under 2 percent, and came to a total purchase price of $61,700. This marks the first insider buy at the company in the past three years. Company insiders, including both executives and directors, have been regular sellers of shares over the past three years, largely clustered around the issuance of stock options. Overall, insiders at the company own 5.8 percent ...
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