This Poor Performing Stock with Solid Operations Will Likely Jump in Time

While the past year has been great for a number of tech companies, particularly the mega-caps leading the stock market higher, a number of smaller players are in a bear market and well off their highs. For companies working on long-term trends that could be big winners in the years ahead, the lackluster performance could mean a way to outperform the stock market in the year ahead as a rebound play. One such company is Palantir (PLTR). The big data company is ...
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Insider Trading Report: BurgerFi International (BFI)

Ophir Sternberg, Executive Chairman at BurgerFi International (BFI), recently picked up 50,000 shares. The buy increased the executive’s holdings by 9 percent, and came to a total price of $306,000. This marks the first insider buy since December 2020, when Sternberg bought 1,000,000 shares at a price of $10 million. Otherwise, one major insider has been a seller over the past year in small increments. Insiders own 37.5 percent of the company overall. Shares of the burger chain have slid 55 percent ...
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Unusual Options Activity: Devon Energy (DVN)

Shares of oil and gas company Devon Energy (DVN) have been in a strong uptrend for the past year. one trader sees the potential for a move even higher in the first half of this year. That’s based on the July $50 calls. With 188 days until expiration, 5,190 contracts traded compared to a prior open interest of 264, for a 20-fold rise in volume. The buyer of the option paid $4.68 to make the trade. Shares have a 52-week high ...
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Last Year’s EV Bust Could Lead to a Rebound Rally This Year

Any company investing in electric vehicles was a popular place for investors in 2020 and going into 2021. But that interest waned, and a number of companies in the space ended up having a tough year. However, that could simply be a pause before EV stocks head higher, likely moving up again in 2022. That’s thanks to continued investment and capital flowing into the space, in what looks to be one of the biggest multi-trillion-dollar trends of the decade. Looking at opportunities ...
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Insider Trading Report: IronNet (IRNT)

John Keane, a director at IronNet (IRNT), recently picked up 25,000 more shares. The buy increased his stake by nearly 6.5 percent, and came to a total price of $106,000 exactly. This marks the first insider buy at the company since it went public last year. The company Co-CEO, President & Chairman, who is also a major holder of shares, has made some small reduction in his shares since then. Overall, insiders own 35.1 percent of the company. Those insiders have been ...
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Unusual Options Activity: Chewy (CHWY)

Shares of online pet supply retailer Chewy (CHWY) have sunk nearly 40 percent over the past year, far underperforming the overall stock market. One trader sees the possibility for a strong rebound in the next few months. That’s based on the March $75 calls. With 70 days until expiration, 7,016 contracts traded against a prior open interest of 173, for a 41-fold surge in volume. The buyer of the calls paid $0.60 to make the trade. With shares right around $55, the ...
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This Dog Knows a Few New Tricks

One investment strategy that has generated consistent excess returns is known as the Dogs of the Dow. Of the 30 Dow stocks, the ten companies with the worst performance over the past year are bought, and in turn, they tend to generate market-beating returns as stocks revert to their mean over time. For investors, the start of the new year is a time to look at which companies made the list, and look for opportunities. Of the Dogs this year, one stands ...
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Insider Trading Report: EverQuote Inc (EVER)

David Blundin, a director and major holder at EverQuote Inc (EVER), recently added 43,100 shares. The buy increased his holdings by 0.3 percent, and came to a total purchase price just over $638,000. This follows up on a 1,200 share buy just before Christmas, and buys of nearly 300,000 shares at the start of December. Overall, company insiders have been both active as buyers and sellers, but buyers have had the edge on total shares traded recently. Overall, insiders own 23.2 ...
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