Unusual Options Activity: Pfizer (PFE)
Drug manufacturer Pfizer (PFE) is down 16% over the past year, but shares have been in an uptrend since April. One trader sees shares trending higher through next spring. That’s based on the March 2025 $34 calls. With 234 days until expiration, 9,332 contracts traded compared to a prior open interest of 252, for a 37-fold rise in volume on the trade. The buyer of the calls paid $1.48 to make the bullish bet. Pfizer shares recently traded for just under $31, ...
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This Leading Company Is About to Increase Revenues Without Increasing Sales
Usually, companies have to increase their sales to increase their revenues. However, companies that can add new features and services can increase their revenues. Even if they don’t have additional sales or customers either. In an industry that’s built on such add-ons, companies that have offered low-cost frills have built a niche. But having additional add-ons can allow them to continue claiming a cost advantage, while also offering a higher-end experience. That’s likely the move behind Southwest Airline’s (LUV) decision to abandon ...
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Insider Activity Report: Truist Financial Corp (TFC)
William Rogers, CEO of Truist Financial Corp (TFC), recently bought 57,300 shares. The buy increased his stake by 5%, and came to a total cost of $2,518,908. The CEO was the last buyer of shares with a 10,000 share buy in October 2023, at a cost of $280,480. There were two additional insider buys from directors last year, with the largest buy for just under $500,000. There has been just one insider sale this year. Overall, Truist insiders own 0.3% of ...
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Unusual Options Activity: AST SpaceMobile (ASTS)
Space-based cellular broadband network AST SpaceMobile (ASTS) is up 240% over the past year. One trader is betting that shares will continue higher through the end of summer. That’s based on the September 20 $22.50 calls. With 52 days until expiration, 6,160 contracts traded compared to a prior open interest of 103, for a 60-fold rise in volume on the trade. The buyer of the calls paid $1.40 to make the bullish bet. ASTS shares recently traded for about $16.50, right ...
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Look for Tech Stocks Delivering Revenues, Not Promises of Growth
When investors expect a stock to grow like gangbusters, any sign of slowing growth can pose problems. But many companies offer decent growth right now, but not necessarily exceptional growth. Such companies can likely deliver strong returns, at least for investors who are patient over time. That extends to growth stocks. AI is a trend that will take years to play out, much like the rollout of the internet. Investors who are focused on the fastest-growth stocks now are getting hit ...
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Insider Activity Report: Atlas Energy Solutions (AESI)
Gregory Shepard, a major holder at Atlas Energy Solutions (AESI), recently bought 3,248 shares. The buy increased his holdings by less than 1%, and came to a total cost of $70,417. He was a buyer earlier in July for 30,013 shares, paying just over $588,255 to do so. And he made two purchases in June for just under $1.5 million. Going further back, insiders, largely major shareholders, were likely to be sellers, not buyers of AESI. Overall, Atlas Energy insiders own ...
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Unusual Options Activity: V.F. Corporation (VFC)
Apparel manufacturer V.F. Corporation (VFC) is down 17% over the past year and trending lower. One trader sees a further decline in the weeks ahead. That’s based on the August $15.50 puts. With 21 days until expiration, 5,237 contracts traded compared to a prior open interest of 163, for a 32-fold rise in volume on the trade. The buyer of the puts paid $0.89 to make the bearish bet. VFC shares recently traded for about $16, making this an at-the-money trade. Shares ...
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Stick With Conventional Companies Still Growing Profits
During a market boom, it’s tempting to start buying into more speculative companies. While that can potentially mean bigger returns, it also increases the risks. Conversely, companies that have a conventional line of business can continue to grow, even if they also invest in more speculative endeavors. Right now, many companies that have been dabbling in new technologies are seeing lower-than-expected demand. But as long as their core business is strong, shares should continue to rise. For instance, demand for electric vehicles ...
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