Companies that Can Smartly Cut Expenses Can Deliver Big Profits
During a boom, companies tend to need more employees or services immediately. So they pay market rates… and often end up overbuilding when the boom comes to an end. Many companies have already started laying off employees, or have held off on hiring new ones.
If a company can find a way to do the same level of business (or more) with fewer employees, those lower expenses can lead to a bigger profit. That’s true even if the underlying business isn’t ...
Read More About This
Read More About This
Insider Trading Report: Newell Brands (NWL)
James Craigie, a director at
Newell Brands (NWL), recently bought 10,000 shares. The buy increased his holdings by nearly 46 percent, and came to a total cost of just over $133,000. This marks the first insider buy at the company since mid-2021. Company directors have been sellers of shares this year until this latest buy. Over the past three years, insider buying has far exceeded insider selling. Overall, company insiders own 0.5 percent of shares. Shares of the home goods manufacturer are down ...
Read More About This
Newell Brands (NWL), recently bought 10,000 shares. The buy increased his holdings by nearly 46 percent, and came to a total cost of just over $133,000. This marks the first insider buy at the company since mid-2021. Company directors have been sellers of shares this year until this latest buy. Over the past three years, insider buying has far exceeded insider selling. Overall, company insiders own 0.5 percent of shares. Shares of the home goods manufacturer are down ...
Read More About This
Unusual Options Activity: Alphabet (GOOG)
Shares of search engine giant
Alphabet (GOOG) have shed 44 percent of their price in the past year. One trader sees a further decline ahead for shares in the next month. That’s based on the December 9 $80 puts. With 31 days until expiration, 12,579 shares traded compared to a prior open interest of 183, for a 68-fold jump in volume on the trade. The buyer of the puts paid $1.42 to make the bearish bet. Shares recently traded just over $86, ...
Read More About This
Alphabet (GOOG) have shed 44 percent of their price in the past year. One trader sees a further decline ahead for shares in the next month. That’s based on the December 9 $80 puts. With 31 days until expiration, 12,579 shares traded compared to a prior open interest of 183, for a 68-fold jump in volume on the trade. The buyer of the puts paid $1.42 to make the bearish bet. Shares recently traded just over $86, ...
Read More About This
Buy Companies That Sell Inelastic Goods
In finance, there’s a concept called elasticity. It shows that some goods won’t see a big drop in demand, even if there’s a big change in price. This can be seen with energy prices, as people have to heat their home and drive to and from work.
It’s also plain to see in the food space, as people have to eat. Companies that cater to these demands tend to be steadily profitable, or even improve amid inflation.
One such example is
Kellogg (K) ...
Read More About This
Kellogg (K) ...
Read More About This
Insider Trading Report: Barnes Group (B)
Richard Hipple, a director at
Barnes Group (B), recently bought 1,200 shares. The buy increased his holdings by nearly 9 percent, and came to a total cost just under $43,000. That’s the first insider buy at the company in over two months. Another director has been buying this year, and some company insiders have been sellers. Over the past year, buys have exceeded sales. However, large insider sales in 2020 tip the scale over the past three years to sellers. Overall, company Read More About This
Barnes Group (B), recently bought 1,200 shares. The buy increased his holdings by nearly 9 percent, and came to a total cost just under $43,000. That’s the first insider buy at the company in over two months. Another director has been buying this year, and some company insiders have been sellers. Over the past year, buys have exceeded sales. However, large insider sales in 2020 tip the scale over the past three years to sellers. Overall, company Read More About This
Unusual Options Activity: Devon Energy Corporation (DVN)
Shares of oil and gas exploration company
Devon Energy Corporation (DVN) are up about 60 percent in the past year. One trader sees a further rally in shares in the coming weeks. That’s based on the November 25 $76 calls. With 18 days until expiration, 14,059 contracts traded compared to a prior open interest of 243, for a 45-fold rise in volume on the trade. The buyer of the calls paid $1.23 to make the bullish bet. Shares recently traded near $71, so ...
Read More About This
Devon Energy Corporation (DVN) are up about 60 percent in the past year. One trader sees a further rally in shares in the coming weeks. That’s based on the November 25 $76 calls. With 18 days until expiration, 14,059 contracts traded compared to a prior open interest of 243, for a 45-fold rise in volume on the trade. The buyer of the calls paid $1.23 to make the bullish bet. Shares recently traded near $71, so ...
Read More About This
Follow the Fundamentals, Not the Estimates
Earnings season can be a tricky time. A company can report great earnings. But if they warn on guidance, shares may sell off big time. Or, if a company has poor earnings, shares may move higher as things weren’t as bad as the market expected.
In today’s market, most news is likely to lead to a discount in shares, whether good or bad. But that may be creating a solid long-term setup for investors.
One company looking interesting now is
Paramount Global (PARA) ...
Read More About This
Paramount Global (PARA) ...
Read More About This
Insider Trading Report: Farmers National Bank (FMNB)
Anne Crawford, a director at
Farmers National Bank (FMNB), recently picked up 1,500 shares. The buy increased her holdings by 1.7 percent, and came to a total cost of just under $21,000. This is the first insider buy since August. Company directors have been active buyers all year, mostly for trades in the $20-25,000 range. Company executives were also buyers earlier in the year. There have only been a handful of insider sales over the past three years. Overall, company insiders own ...
Read More About This
Farmers National Bank (FMNB), recently picked up 1,500 shares. The buy increased her holdings by 1.7 percent, and came to a total cost of just under $21,000. This is the first insider buy since August. Company directors have been active buyers all year, mostly for trades in the $20-25,000 range. Company executives were also buyers earlier in the year. There have only been a handful of insider sales over the past three years. Overall, company insiders own ...
Read More About This