Trading Tips Blog

Pershing Square Capital Management, a major holder and director at The Howard Hughes Group (HHC) recently made an addition to its stake with a 2,516,846 share buy. The total price tag came to just under $200 million, and increased the fund’s holdings by nearly 23 percent. This follows up on the fund’s initial 10 million share buy back in March. Shares are up 62 percent since then. Company insiders, including both directors and C-suite executives, have mostly been buyers, with a ...
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Environmental, social, and governance issues, or ESG, has become a popular trend in investing. A great company can balance those needs while still providing sustainable long-term growth that rewards shareholders. Even some bigger players have made major strides along the way, including those often considered a threat to the environment or social issues. One surprising play is a name we’ve seen before—and a stock that’s still an attractive buy today. That company is Walmart (WMT). While it’s been derided on environmental grounds ...
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Technology companies continue to push the stock market higher. Finding a bargain, even a relative one, is a tough one. That’s especially true with the chipmakers, which are firing on all cylinders. But for those companies that can provide both the hardware and software, higher profit margins are likely. That points to a possible bargain looking ahead. That’s also why it’s no surprise that Piper Sandler just upgraded one of the biggest names in the space. The company is Broadcom (AVGO) ...
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Clifford Sosin, a major owner of At Home Group (HOME), recently picked up nearly 370,000 shares in transactions over two different days. The buys came to a total just under $6 million, and increases his holdings to just over 10.8 million shares. This marks the first buy at the home décor retailer chain since November. Insiders have otherwise been shares, including massive sales from another 10 percent owner and C-suite executives. The company, which is not yet profitable, has seen shares ...
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Shares of mortgage finance company Mr. Cooper Group (COOP) have been in a steady uptrend for several months. Shares have pulled back slightly to start 2021, but one trader sees the uptrend continuing. That’s based on the April 2021 $35 calls. Over 5,500 contracts traded against an open interest of 268, for a 21-fold rise in volume. The option, expiring in 95 days, would move in-the-money if shares rise another $5, or 16 percent. The trader paid $1.30 for the options on ...
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Vesa Equity Investment, a major holder in Foot Locker (FL), recently bought another 8,581 shares Coming at a total cost of $334,000, the buy increased the fund’s holdings by 0.07 percent. The fund has been a sizeable buyer over the past two months, picking up nearly 2 million shares in that timeframe, at prices as much as 15 percent below where shares currently trade. Corporate executives have generally been sellers of shares in the past year. Overall, insiders own over 13 ...
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Shares of banks are stabilizing after a jump on Wednesday, but at least one trader sees a further move higher in Wells Fargo (WFC). That’s based on the February 5th $36 call option. Expiring in 28 days, the option saw over 15,700 contracts trade, a 60-fold rise in volume from the prior open interest of 260. The buyer paid $0.81 for the contract. Shares currently trade at $34, so the trader expects another $2 move higher in shares. Wells Fargo has been ...
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Early sales numbers for the last quarter of 2020 are starting to come in. There’s some good news and some bad news. The good news is that sales are rising. The bad news? The rate of the rise is slowing down. That’s understandable. Many major retailers were able to see sales rise thanks to increased ecommerce trends. As customers have completed that shift, the rate is starting to stabilize. However, there’s still some trading opportunities as a result. Case in point: Costco ...
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