16302

Smaller Chipmakers Can Still Take Over Market Leadership Here

The stock market could potentially continue higher in the months ahead, this time led by smaller companies than just a handful of large-cap giants. That includes smaller tech companies that can also supply hardware for the AI boom. While the boom will eventually end, this quarter’s earnings reports across corporate America suggest that the AI spending boom is alive and well. And that plenty of other companies have yet to see the biggest benefit from this trend. One potential winner is chipmaker ...
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16304

Insider Activity Report: HighPeak Energy (HPK)

Jack Hightower, CEO and major holder of HighPeak Energy (HPK), recently bought 132,487 shares. The buy increased his stake by less than 1%, and came to a total cost of $2.05 million. Hightower was the last insider to buy shares with a 164,000 buy back in December 2023, paying just over $2.4 million. The last insider sale occurred around the same time, with a company director selling off about $52,000 in shares. Otherwise, insiders were bullish throughout 2023. Overall, HighPeak insiders ...
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16305

Unusual Options Activity: Pfizer (PFE)

Drug manufacturer Pfizer (PFE) is down 20% over the past year, amid a slowdown in user demand. One investor sees shares trending lower in the weeks ahead. That’s based on the October 4 $27 puts. With 30 days until expiration, 18,523 contracts traded compared to a prior open interest of 140, for a massive 132-fold rise in volume on the trade. The buyer of the puts paid $0.15 to make the bearish bet. Pfizer shares recently traded at $29, so the stock ...
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16294

This Stealth AI Play Still Has More Room to Run

The AI rollout continues. Earnings season indicates that many companies are continuing to invest and build in AI projects. While that growth may slow down in a few years, for now, the trend is on. That means investors should look to buy AI-related plays on any reasonable selloff. Finding high-growth companies and buying them after a quick 10-20% pullback is one way to play the AI trend without buying in at the top. One AI-related play is the growth of data centers ...
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16296

Insider Activity Report: Bill Holdings (BILL)

Rene Lacerte, CEO of Bill Holdings (BILL), recently bought 42,248 shares. The buy increased his stake by 2%, and came to a total cost of $2.095 million. He was joined by the company CFO, who bought 21,124 shares, paying just over $1.04 million. A company director also bought 25,000 shares the day after, shelling out $1.34 million. These marks the first insider buys at the company since November 2023. Otherwise, company insiders have generally been regular and steady sellers of shares. Overall, ...
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16298

Unusual Options Activity: Victoria’s Secret (VSCO)

Clothing retailer Victoria’s Secret (VSCO) is up nearly 30% over the past year, but shares started to decline following earnings. One trader sees a further decline in the weeks ahead. That’s based on the October 18 $23 puts. With 45 days until expiration, 5,247 contracts traded compared to a prior open interest of 198, for a 26-fold rise in volume on the trade. The buyer of the puts paid $1.20 to make the bearish bet. Victoria’s Secret shares recently traded for about ...
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16289

As the AI Trend Shifts, Look for High Profits

AI stocks remain hot, although it’s clear that many companies expect sales to start to cool off. The initial wave of AI buying will likely be over by the end of next year. That still offers investors plenty of time to make a little more out of big hardware plays. But it also suggests that investors may fare better investing with software companies. That’s because software tends to be a high-margin product. Even better, many software services generate recurring revenues through monthly ...
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16291

Insider Activity Report: Ziff Davis (ZD)

Teresa Harris, a director at Ziff Davis (ZD), recently bought 1,000 shares. The buy increased her stake by 10%, and came to a total cost of $46,760. This marks the first insider buy since May 2023, when several company insiders, including both the CEO and CFO, picked up shares. There was one insider sale by an EVP earlier in the year, for just under $290,000, but that insider also bought shares at a far lower price in 2023. Overall, Ziff Davis ...
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