13462

Buy Beaten Down Winners Ahead of the Next Market Rally

Bear markets tend to occur every few years. And they include a selloff in all assets – whether of high quality or poor. It’s unusual for blue-chip names to take such a big hit in the span of a year without a strong recovery in the next year. Yet that’s where investors are today. Buying quality names on the cheap can lead to large returns in the years ahead, especially if the market is close to bottoming ahead of a recovery ...
Read More About This
|
13463

Insider Trading Report: UMH Properties Inc (UMH)

Matthew Hirsch, a director at
UMH Properties Inc (UMH), recently picked up 3,207 shares. The buy increased his holdings by 8.5 percent, and came to a total price of $49,933. That’s on top of other buys from company insiders over the past six months. Going back further, track record includes some sales. But overall in the past three years, insider buys have far exceeded sales, including a major spike in insider buying in early 2020. Overall, company insiders own 7.4 percent of ...
Read More About This
|
13464

Unusual Options Activity: Caterpillar (CAT)

Shares of construction equipment manufacturer
Caterpillar (CAT) have lost about 8 percent in the past year. One trader sees a rebound in shares in the coming months. That’s based on the December $195 calls. With 60 days until expiration, 6,818 contracts traded compared to a prior open interest of 333, for a 21-fold rise in volume on the trade. The buyer of the calls paid $6.88 to get into the trade. Caterpillar shares recently went for about $183, so they’d need to rise ...
Read More About This
|
13456

Stick With Stocks That Have Inflation-Fighting Power

It’s become clear that last year’s rise in inflation hasn’t moderated yet. It may continue for some time. That can impact the economy in a number of ways. For investors, the biggest is how a company’s expenses can rise and profit margins can fall. In this environment, companies that can increase their prices to cover higher input costs can maintain their profit margins and fare well here. That may mean falling less than other stocks, or even seeing shares move higher ...
Read More About This
|
13458

Insider Trading Report: Dave & Buster’s Entertainment (PLAY)

Michael Quartieri, CFO at
Dave & Buster’s Entertainment (PLAY), recently increased his holdings by 5,000 shares. The buy increased his total ownership by nearly 14 percent, and came to a total cost of $158,650. This marks the first insider activity since the company CEO bought 33,400 shares back in July. And going further back, insider buys have exceeded insider sales this year. Going back further, insiders were only sellers in 2020 and 2021. Overall, company insiders own 2.3 percent of shares. The entertainment ...
Read More About This
|
13461

Unusual Options Activity: Bank of America (BAC)

Shares of financial giant
Bank of America (BAC) have lost nearly one-third of their value in the past year amid a slowing economy and rising interest rates. One trader sees a rebound in the weeks ahead. That’s based on the November 25 $32 calls. With 42 days until expiration, 5,841 contracts traded compared to a prior open interest of 106, for a 55-fold rise in volume on the trade. The buyer of the calls paid $0.99 to make the bullish bet. Shares recently ...
Read More About This
|
13451

Stick With Companies Looking Forward Amid the Current Economic Slowdown

The market outlook is grim. Stocks continue to set new lows. Many companies are facing challenges. But a few are using this time of hardship to set themselves up for success when the economy turns around. While it can be challenging to look to the future when the present is fearful, growth must go on. And one sign of a great company is that it finds a new way to grow its business during a time of market fear when few ...
Read More About This
|
13452

Insider Trading Report: Lazydays Holdings (LAZY)


B. Riley Financial (RILY), a major holder of
Lazydays Holdings (LAZY), recently added 191,203 shares. The buy increased the fund’s stake by nearly 11 percent, and came to a total cost of just under $2.48 million. This follows up on a 19,950 share buy from the fund in late September. And the fund has been a regular buyer of shares going back earlier in the year. Company executives have largely been sellers of shares, when the stock was trading at a far ...
Read More About This
|