In the Retail Trade, Stick with This Key Metric

Every sector has a key metric that may be more important than things like earnings or profit margins in the short-term. For instance, the restaurant industry may look at how many times its tables turn over customers during the course of an evening. For retailers, the key metric is same-store sales. It cuts through the false growth that could be reported if a company is expanding by opening new locations, even if it may be cannibalizing existing locations. One company capable of ...
Read More
|

Insider Trading Report: PG&E Corp (PCG)

Newtyn Management, LLC, a major holder of PG&E Corp (PCG), recently added to their position with a 2,400 share buy. The purchase increased their holdings by just under 0.2 percent, and came to a total price of just over $58,000. This is the second buy from the fund this month, following up on another 2,400 share buy. And the fund made a 363,468 share buy in April for over $9.4 million. Two company directors were also small buyers of shares last ...
Read More
|

Unusual Options Activity: Kinross Gold Corp (KGC)

Shares of Kinross Gold Corp (KGC) have been knocked down over 20 percent in the past year, although shares have been starting to slightly trend up in the last week. One trader sees the possibility for a big move in shares. That’s based on the September $8 calls. With 158 days left to trade, 51,342 contracts traded compared to an open interest of 791, for a 65-fold jump in volume on the option. The buyer of the calls paid $0.22 to ...
Read More
|

It’s Time to Prepare for Food Shortages with an Industry-Leading Stock

The one-two punch of rising fuel prices and Russia’s invasion of Ukraine is having a major effect on agricultural commodities. It’s simply becoming too expensive to grow certain crops given the costs involved, or simply because rich farmland is now in a warzone. Food prices have already been trending up thanks to higher levels of inflation, but that could go much higher in the year ahead. That’s why investors looking to stay long on stocks could fare well with companies all ...
Read More
|

Insider Trading Report: HCI Group (HCI)

Paresh Patel, CEO and a major owner at HCI Group (HCI), recently added 1,500 shares. The buy increased his holdings by just over 3 percent, and came to a total price of just under $104,000. This marks the second insider buy of the year, following a buy from the company’s corporate counsel last month. Over the past three years, there’s only been one modest insider sale, and company directors and executives have been regular and steady buyers. Overall, insiders at the company ...
Read More
|

Unusual Options Activity: Cameco (CCJ)

Shares of uranium producer Cameco (CCJ) have been trending higher as traders have become interested in the commodity. One trader sees substantial upside ahead in the coming weeks. That’s based on the May $40 calls. With 40 days until expiration, 33,241 contracts traded against a prior open interest of 157, for a 212-fold surge in volume on the trade. The buyer of the calls paid $0.37 to make the buy. With shares just over $28 recently, the stock would need to ...
Read More
|

Time to Consider Long-Term Plays on Today’s Top Growing Tech

The tech selloff of the past year has made a number of companies a relative value play. That’s especially true to firms that are investing in long-term trends. While they won’t play out overnight, buying key suppliers to the tech space on market drops should result in market-beating returns when the next rebound occurs. One area that’s been hit hard thanks to supply chain issues and shutdowns is in the automotive space, particularly EV production. But for patient investors, now may be ...
Read More
|

Insider Trading Report: Groupon Inc (GRPN)

Jan Barta, a major holder at Groupon Inc (GRPN), recently added 123,346 shares. The buy increased her stake by just under 7 percent, and came to a total purchase price of $2.374 million. This marks the first insider activity of the year, and the first buy from insiders since 2020. Last year saw two directors make small sales of shares. Going back to 2020, both buyers and sellers were far more active. Overall, insiders own 25.7 percent of shares. The company, which ...
Read More
|