The Pandemic Permanently Thinned the Ranks of This Rare Type of Stock

Studies have shown that as much as half of an investor’s total return over a lifetime can come from receiving and reinvesting dividends. Combined with the timing of a trader, investors who buy into out-of-favor income stocks can lock in relatively high yields and see further capital gains. The pandemic caused a number of companies to reduce or even cut dividends entirely. Some have brought them back, some haven’t. The overall result? A fewer number of companies defined as dividend aristocrats. Investors ...
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Insider Trading Report: Paramount Gold Nevada Corp (PZG)

Christopher Reynolds, a director at Paramount Gold Nevada Corp (PZG), recently picked up 4,600 shares. The buy increased his stake by nearly 15 percent, and came to a total price of just under $4,000. This marks the second insider buy this month, following a 2,000 share buy from another director back on October 1. Insiders have been buyers going further back over the past three years, with no insider sales. Overall, company insiders own 19.5 percent of shares. The gold exploration company ...
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Unusual Options Activity: Pinterest (PINS)

Shares of social media firm Pinterest (PINS) saw some volatility last week. The stock soared on a potential takeover rumor, only to drop a bit when the potential for a deal passed. One trader sees further upside to shares in the month ahead. That’s based on the November 19 $48 calls. With 21 days until expiration, 4,016 contracts traded against a prior open interest of 124, for a 32-fold rise in volume. The buyer of the calls paid $2.01. Shares have been ...
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Amid a Shortage for Tech Parts, This One Niche Continues to Thrive

While the semiconductor chip shortage appears likely to continue well into next year, a number of tech plays are still able to avoid the challenge presented by that shortage. One particularly strong tech niche is one that has exploded during the pandemic era, specifically that of cloud services. As the world has continued to work remotely, companies playing to the cloud trend have done exceptionally well. There’s no better case study for this trend than Microsoft (MSFT). The tech giant saw its ...
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Insider Trading Report: Intel (INTC)

Patrick Gelsinger, CEO at Intel (INTC), recently picked up 10,000 shares of the company. The buy increased his stake by nearly 21 percent, and came to a total purchase price of just over $995,000. He was joined by a number of company directors, one of whom picked up 20,000 shares totaling just under $2 million. The smallest director buy in this latest cluster was for 5,000 shares, coming in at just under $250,000. This is a solid show of strength from company ...
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Unusual Options Activity: PepsiCo (PEP)

Shares of beverage and snack company PepsiCo (PEP) have been trending steadily higher in the past year, with a nice rally following earnings earlier this month. One trader sees that uptrend continuing, and quickly. That’s based on the November 5 $165 calls. Expiring in 8 days, over 22,426 contracts traded against a prior open interest of 196, for a 114-fold surge in volume. The buyer of the calls paid $0.30 to make the trade. With shares last going for around $161, the ...
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With Or Without Crypto Mining Demand, This Tech Stock a Buy

Led by Bitcoin, cryptocurrencies are moving higher. That’s great for cryptos themselves, as well as a number of companies that play to integrating cryptos into the existing financial system and the public’s mind. However, many tech companies have been burned, as crypto mining has gone in and out of favor over the years. That’s created a lot of uncertainty for a number of companies in terms of marginal demand, and the market hates uncertainty. Case in point? Nvidia (NVDA). The leading producer ...
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Insider Trading Report: Texas Capital Bancshares (TCBI)

Julie Anderson, CFO at Texas Capital Bancshares (TCBI), recently added 4,000 shares to her holdings. The buy increased her stake by just over 6 percent, and came to a total price of just under $242,000. She was joined by a director on the same day who picked up 1,000 shares, valued at just under $60,000. And a director bought last week, picking up 5,000 shares, at a cost of just over $300,000 in a cluster of insider buying. Overall, there’s been just ...
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