Crypto Integration Remains Strong Amid Volatile Prices

While cryptocurrencies can offer traders fast moves in either direction, the downward movement in prices in the past few months has scared off traders. But it hasn’t scared off investors looking to develop cryptocurrency-related products with a long-term view in mind. In fact, a growing interest in crypto payments is fueling growth for a number of companies that might otherwise have faced declining growth rates. One such company is Block (SQ). Formerly Square, the company just reported a big beat on ...
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Insider Trading Report: A.O. Smith Corp (AOS)

Michael Larsen, a director at A.O. Smith Corp (AOS), recently added 3,925 shares. The buy increased his holdings by 112 percent, and came to a total price of just over $274,000. This marks the first insider buy at the company in the past three years. Over that timeframe, company insiders have been active and regular sellers of shares, particularly among company directors. Overall, insiders own just under 1 percent of the company. The manufacturer of heaters, boilers and water tankers has returned ...
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Unusual Options Activity: Kohl’s Corporation (KSS)

Shares of discount clothing retailer Kohl’s Corporation (KSS) jumped higher earlier this year on a report that the company had received a buyout offer. While the company has downplayed any buyout offer, one trader is betting that one could occur in the first half of the year. That’s based on the July $60 calls. With 136 days until expiration, 6,124 contracts traded compared to a prior open interest of 202, for a 30-fold jump in volume. The buyer of the calls paid ...
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This Retail and Tech Play Looks Poised for Further Growth

Retail can be a tough business. Profit margins tend to be small, and competition is fierce. But companies can compete in other ways, and find lines of business to complement their existing business. Some retailers have turned to technology investments to stay ahead of the industry, and in some cases, that’s even become a major source of revenue amid the uneven world of predicting ideal retail trends. Among retailers, Overstock.com (OSTK) has been a surprising winner in recent days. That’s because the ...
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Insider Trading Report: Martin Midstream Partners LP (MMLP)

Ruben Martin, a director and major holder at Martin Midstream Partners (MMLP), recently added 52,002 shares. The buy increased his holdings by 0.6 percent, and came to a total purchase price of just under $160,000. The buy comes as a number of other company insiders have been making small buys over the past three years, although most of those have been for under 1,000 shares at a time. Over the past three years, there have been no insider sales. Overall, company insiders ...
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Unusual Options Activity: Bank of America (BAC)

Shares of Bank of America (BAC) have been dropping along with the rest of the market over the past few weeks. One trader sees the possibility of a rebound by the summer. That’s based on the August $44 calls. With 174 days until expiration, 2,260 contracts traded compared to an open interest of 120, for a 19-fold rise in volume. The buyer of the calls paid $4.28 to make the trade. Shares of the bank last traded around $45, making this ...
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Snag This Dividend Growth Play at a Discount

Long-term investors can use market corrections to their advantage. It’s the perfect time to target great companies at reasonable prices. One key strategy comes from buying shares of companies that have a history of raising a dividend over time. Dividend growth investing may not pay off over a short period of time, but buying during a correction can tend to create capital gains as stocks rebound. One dividend growth play that went on sale this week is Home Depot (HD). The company ...
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Insider Trading Report: Republic Services Inc (RSG)

Cascade Investment LLC, a major holder of Republic Services Inc (RSG), recently added 362,747 shares. The buy increased the fund’s holdings by 0.33 percent, and came to a total cost of just over $42.5 million. Cascade is best known as the fund owned by billionaire Bill Gates, for his personal holdings outside of Microsoft. The fund last bought nearly a year ago, with a mere 10,055 share buy for about $1 million even. While the fund has been a regular buyer, company ...
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