14725

Don’t Overlook Profit Opportunities In the AI Software Space

So far, this year has been kind to semiconductor companies. That’s because most of them can benefit from the exploding interest in AI technology. However, the hardware companies may have run up a bit too quickly. The software companies behind AI likely have more room to run. There’s a good amount of competition, both in AI prompts, and for developing AI software tools that can combine and leverage the power of multiple pieces of AI software. One big cap winner in the ...
Read More About This
|
14727

Insider Activity Report: Northwest Bancshares (NWBI)

Scott Watson, CIO at
Northwest Bancshares (NWBI), recently bought 5,000 shares. The buy increased his stake by 20 percent, and came to a total cost just over $61,000. This marks the first buy since a company director bought 1,675 shares back in June. And a cluster of directors bought back in May, and the company CEO picked up shares in late April. A few EVPs have been sellers of shares in small amounts in the past few months. Overall, company insiders own ...
Read More About This
|
14729

Unusual Options Activity: C3.ai (AI)

Artificial intelligence software company
C3.ai (AI) has nearly quadrupled since the start of the year. one trader sees a short-term pullback in the coming weeks. That’s based on the September 15 $42.50 puts. With 44 days until expiration, 5,021 contracts traded compared to a prior open interest of 123, for a 33-fold rise in volume on the trade. The buyer of the calls paid $7.11 to make the bearish bet. Shares recently traded for about $42, making this an at-the-money option. The ...
Read More About This
|
14715

Grab Big Profits In this Latest Consumer Trend

The last year has seen consumers slow down in some parts of the market, but gain in others. The biggest gains have come from travel, leisure, and hospitality services, rather than the sale of goods. For a world that was largely locked down for a considerable amount of time, that trend makes sense. It’s also a trend likely to continue for some time. Investors have a number of ways to play this trend. One safe way to do so is to profit ...
Read More About This
|
14717

Insider Activity Report: Tidewater (TDW)

Robert Robotti, a director at Tidewater (TDW) recently added 1,135 shares. The buy increased his holdings by less than 1 percent, and came to a total price of $64,763. The director has been the only active insider over the past year, with eight total buys and one sale. The sale totaled less than $4,500, but the total buys have added up to over $35 million. Overall, company insiders own about 1.4 percent of shares. The offshore oil services company has nearly tripled ...
Read More About This
|
14719

Unusual Options Activity: Alibaba Group Holding (BABA)

Chinese internet retailer
Alibaba Group Holding (BABA) has been in an uptrend the past few months. One trader sees further upside in the weeks ahead. That’s based on the September 1 $115 calls. With 31 days until expiration, 13,146 contracts traded compared to a prior open interest of 106, for a massive 124-fold rise in volume on the trade. The buyer of the calls paid $1.82 to make the bullish bet. Shares recently traded for about $100, so they would need to see ...
Read More About This
|
14703

Invest With Companies Getting the Trends Right

In many industries, several companies will compete for leadership. It can change over time, particularly if market conditions provide unusual opportunities. The past few years has seen wild swings in a number of sectors. Tech stocks soared during the pandemic amid the rise for remote work and contactless payments. Then tech stocks came back down, as their valuations were wildly expensive when interest rates started to rise. The media has been on a similar loop. Investors loved any company offering streaming services ...
Read More About This
|
14707

Insider Activity Report: Calavo Growers (CVGW)

Lecil Cole, CEO at
Calavo Growers (CVGW) recently added 75,000 shares. The buy increased the CEO’s stake by 17 percent, and came to a total cost of $2.275 million. The CEO Was joined by a director two days later, who bought 2,000 shares, increasing his stake by 6 percent. Over the past year, one director has been a seller, while the CEO has bought on three occasions so far. Overall, insiders own 3.4 percent of the company. The produce grower is down ...
Read More About This
|