This Cyclical Trend May Prove Ready to Trend Higher
The reverberations of the AI trend are still being felt throughout the economy. Investors have clamored into hardware plays, with some interest in software plays. But there are ripple effects that have yet to be felt.
As those effects play out, investors may have a chance to profit from a trend that was popular a few years back before fizzling out. That trend? The standby of all of today’s technology, the personal computer.
That’s because computers have more processing power than a ...
Read More About This
Read More About This
Insider Activity Report: Loews Corp (L)
Jonathan Locker, a director at
Loews Corp (L), recently bought 15,870 shares. This is an initial stake for the director, and the total purchase price came to $1.01 million. This is the first insider buy since May, when the company’s developer of corporate strategy bought 330,000 shares, paying $18.7 million. Otherwise, there have been a few insider sales over the past few months, largely from directors in small amounts. Loews insiders own 18.6 percent of shares. The conglomerate, which operates insurance, hotels, and ...
Read More About This
Loews Corp (L), recently bought 15,870 shares. This is an initial stake for the director, and the total purchase price came to $1.01 million. This is the first insider buy since May, when the company’s developer of corporate strategy bought 330,000 shares, paying $18.7 million. Otherwise, there have been a few insider sales over the past few months, largely from directors in small amounts. Loews insiders own 18.6 percent of shares. The conglomerate, which operates insurance, hotels, and ...
Read More About This
Unusual Options Activity: Live Nation Entertainment (LYV)
Ticket seller
Live Nation Entertainment (LYV) is up 17 percent over the past year, slightly beating the returns on the S&P 500. One trader sees further gains in the months ahead. That’s based on the January 2024 $92.50 calls. With 72 days until expiration, 3,815 contracts traded compared to a prior open interest of 105, for a 36-fold increase in volume on the trade. The buyer of the calls paid $2.70 to make the bullish bet. Live Nation recently traded for about $85, ...
Read More About This
Live Nation Entertainment (LYV) is up 17 percent over the past year, slightly beating the returns on the S&P 500. One trader sees further gains in the months ahead. That’s based on the January 2024 $92.50 calls. With 72 days until expiration, 3,815 contracts traded compared to a prior open interest of 105, for a 36-fold increase in volume on the trade. The buyer of the calls paid $2.70 to make the bullish bet. Live Nation recently traded for about $85, ...
Read More About This
It’s Not too Late to Invest in Defensive Stocks
Rising interest rates and falling bond prices have hit some stocks particularly hard. That includes utilities and telecoms, as well as consumer goods companies. These firms tend to act as defensive stocks, holding up well in down markets while still moving higher in rallying markets.
Some of these stocks may have formed a bottom in recent weeks. But with the potential for an economic slowdown in the next year, these stocks could still be a bargain.
Should interest rates move lower, they’ll ...
Read More About This
Read More About This
Insider Activity Report: Keurig Dr Pepper (KDP)
Karin Rotem-Wildeman, Chief R&D Officer at
Keurig Dr Pepper (KDP), recently bought 7,050 shares. The buy increased the officer’s stake by 9 percent, and came to a total cost of $211,148. Rotem-Wildeman was the last buyer with a 53,837 share pickup in June, which came to $1.84 million. Otherwise, company executives have been regular buyers of shares this year, more than offsetting a few insider sales. Overall, company insiders own a sizeable 31.6 percent of shares. The beverage producer is down 16 percent ...
Read More About This
Keurig Dr Pepper (KDP), recently bought 7,050 shares. The buy increased the officer’s stake by 9 percent, and came to a total cost of $211,148. Rotem-Wildeman was the last buyer with a 53,837 share pickup in June, which came to $1.84 million. Otherwise, company executives have been regular buyers of shares this year, more than offsetting a few insider sales. Overall, company insiders own a sizeable 31.6 percent of shares. The beverage producer is down 16 percent ...
Read More About This
Unusual Options Activity: DoorDash (DASH)
Food delivery service
DoorDash (DASH) soared last week following a strong earnings report. One trader expects shares to trend higher in the months ahead. That’s based on the February 2024 $70 calls. With 102 days until expiration, 52,015 contracts traded compared to a prior open interest of 165, for a massive 315-fold jump in volume on the trade. The buyer of the calls paid $21.25 to make the bullish bet. DoorDash jumped to over $87.50 after earnings, making the calls about $17.50 in-the-money ...
Read More About This
DoorDash (DASH) soared last week following a strong earnings report. One trader expects shares to trend higher in the months ahead. That’s based on the February 2024 $70 calls. With 102 days until expiration, 52,015 contracts traded compared to a prior open interest of 165, for a massive 315-fold jump in volume on the trade. The buyer of the calls paid $21.25 to make the bullish bet. DoorDash jumped to over $87.50 after earnings, making the calls about $17.50 in-the-money ...
Read More About This
Invest With Companies Leading Market Trends
This year, the stock market may have had its rally almost entirely thanks to the interest in AI. It’s pushed many big-cap tech stocks higher. Thanks to their high weighting, in turn, that’s helped stock indices rise.
That trend may not be over, given the long-term opportunities as AI moves out of its early stages. If so, many companies that can benefit from the trend may be a long-term buy as the market moves out of correction mode.
One example is with ...
Read More About This
Read More About This
Insider Activity Report: M&T Bank (MTB)
Daryl Bible, CFO at
M&T Bank (MTB), recently bought 5,000 shares. The buy increased his holdings by 18 percent, and came to a total cost of $555,218. This is the second buy from the CFO this year, following a 10,000 share pickup in June, for just over $1.2 million. Another director bought shares in February. Otherwise, company insiders have been small sellers of shares, often from the exercise of stock options. Overall, company insiders own 0.6 percent of shares. The bank has seen ...
Read More About This
M&T Bank (MTB), recently bought 5,000 shares. The buy increased his holdings by 18 percent, and came to a total cost of $555,218. This is the second buy from the CFO this year, following a 10,000 share pickup in June, for just over $1.2 million. Another director bought shares in February. Otherwise, company insiders have been small sellers of shares, often from the exercise of stock options. Overall, company insiders own 0.6 percent of shares. The bank has seen ...
Read More About This
