Option Bulls Find Value in Post-Earnings Slump: Cameco Corp Stock (NYSE: CCJ)

With so many companies being given a pass this earnings season, unfortunately for investors Cameco Corp (NYSE: CCJ) wasn’t one of them. The company finished over 12% lower on the session and only minimally recovered off the low. While the company missed analyst estimates by a significant margin, there was a silver lining to the report and option traders may be seeing it based on Wednesday’s activity. The major culprit that impacted the earnings was an additional $37 million ...
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5 Most Bought Mid-Cap Stocks by Insiders During the Pandemic

Insider trading can be a helpful tool for narrowing down the thousands of companies that you could potentially invest in. The degree of insider trading had escalated in recent months the trading is much more lopsided to selling over buying. That means that the companies that are seeing insiders buying their stock may be a good indicator of who’s buying the outlook. An “insider” was first defined in 1934 as an officer or director of a public company, or someone that ...
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best ai stocks

5 Best AI Stocks to Buy Now in 2020

Artificial Intelligence may still sound like something out of science fiction, but it’s already a reality. And its uses are only increasing. While it may not be as dynamic and robust as human intelligence, it can take over and improve processes in nearly every walk of life. For consumers, that may mean interacting with a virtual assistant or the facial recognition technology to unlock their cell phone, to say nothing of the programmed intelligence of video game characters. There’s no single ...
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Insider Finds His Price on Communications Company: AT&T Inc Stock (NYSE: T)

AT&T Inc Stock (NYSE: T) finds itself trading at a similar level and valuation as it was in late 2018 and early 2019 when the stock price was at the same point. The company’s 7% dividend yield and Dividend Aristocrat status is definitely an attractive feature and has many longer-term income investors taking a closer look at this price. As the price floats near $30, at least one insider appears to have found a price their comfortable with. Stephen J ...
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2 Airline Stocks Attracting Bullish Option Interest

We’ve been down this road before. Traders getting excited, bullish option activity picks up and then…nothing. That was the tale of July 15. Many travel names began to surge, and option interest was high and very bullish. However, stocks don’t often run in a straight line and frequently the interest will build for a while before it begins to take off. On Tuesday, the options market was back at it for two airlines that are chomping at the bit for ...
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Option Traders Taking the Over on the Earnings: Under Armour Inc Stock (NYSE: UA)

Despite the SEC Wells Notice regarding its accounting treatment of sales covering 3Q 2015 through 4Q 2016, the price of Under Armour Inc (NYSE: UA) has continued to rise. As the price reaches the crossroads of its $10 resistance and its earnings report on July 31 before the market open, the call option activity is exploding. Current analyst expectations for Under Armour is a loss of $0.41, which is significantly lower than last year’s loss of $0.04. While the loss ...
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Best Energy Stocks

5 Best Energy Stocks to Buy Now in 2020

From oil derricks to wind farms, nuclear plants to solar panels, there’s a wide variety of energy out there in the world. Some of it is finite, other sources are renewable. There’s even a sector of alternative energy to consider as well! That’s created a dynamic market sector that encompasses everything from power generating utilities to companies that explore and develop fossil fuels, with some exciting new technologies along the way. There are massive companies that are big players on Wall ...
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4 Mega Caps Announcing Earnings Next Week and What to Expect

Next week is a huge week for the market with four of the top five largest companies are set to announce their earnings. Alongside those behemoths, there are many other companies that have market caps well into the mega cap territory that help us peer into the world of the consumer and the overall health of the economy. In the midst of COVID closures and many other complications, the mood of the market will largely depend on the guidance coming ...
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