17643

Time to Buy the Dip on this Misunderstood AI Play

AI-related stocks have rallied the hardest over the past two years. So it’s not surprising that they’ve also declined the fastest in the latest market pullback. However, AI stocks have sold so quickly and so heavily that they’re now looking oversold. Markets could see anything from a V-shaped bounce, to a gradual recovery to new all-time highs if the news cycle gets less pessimistic. In the short-term, a bounce in stocks could be an ideal time to buy some AI plays. That ...
Read More About This
|
17645

Insider Activity Report: JM Smucker Co (SJM)

Tarang Amin, a director at JM Smucker Co (SJM), recently bought 875 shares. The buy increased his position by 46%, and came to a total cost of $100,511. Amin was the last insider to buy in February 2024, with a similarly-sized 900-share buy. Otherwise, there have been a few moderate insider sales over the past year, including sales from both the CEO and CFO, with the CEO selling off about 4% of his holdings. Overall, JM Smucker insiders own about 2.9% ...
Read More About This
|
17646

Unusual Options Activity: Discover Financial Services (DFS)

Credit service provider Discover Financial Services (DFS) is up 33% over the past year, and just fell 20% off its recent highs. One trader sees shares trending lower over the coming weeks. That’s based on the April $150 puts. With 31 days until expiration, 7,400 contracts traded compared to a prior open interest of 146, for a 51-fold rise in volume on the trade. The buyer of the puts paid $7.80 to make the bearish bet. Discover shares recently traded for about ...
Read More About This
|
17637

A Recession-Resistant Play Worth Accumulating Now

Markets are pricing in a higher chance of a recession. That’s led to fast deleveraging by hedge funds, sending the market into a tailspin. But some companies are more recession-resistant than others. Investors can hold up during a fearful market with more recession-resistant companies. That includes goods and services that have strong demand, no matter what the economy is doing. Investors who buy these companies during periods of fears can earn reasonable returns while the economy sorts itself out. For instance, plumbing-equipment ...
Read More About This
|
17639

Insider Activity Report: Sempra (SRE)

Richard Mark, a director at Sempra (SRE), recently bought 7,160 shares. The buy increased his stake by a massive 130%, and came to a total cost of $499,840. Two other company directors also bought shares around the same time, albeit for 1,000 and 700 shares, or about $68,000 and $50,000. Those mark the first insider buys since last May. Otherwise, there have been a few insider sales, including over $4 million in sales from the company’s CEO. Overall, Sempra insiders own ...
Read More About This
|
17640

Unusual Options Activity: Alcoa Corporation (AA)

Aluminum producer Alcoa Corporation (AA) is up 11% over the past year but has had some big swings up and down. One trader sees trending higher in the weeks ahead. That’s based on the May $40 calls. With 63 days until expiration, 10,039 contracts traded compared to a prior open interest of 305, for a 33-fold rise in volume on the trade. The buyer of the calls paid $0.90 to make the bullish bet. Alcoa shares recently traded for about $33, so ...
Read More About This
|
17631

AI Fears Aside, Cloud Services Remain a Profitable Tech Niche

Investor expectations for AI’s performance have slid in recent weeks. That’s amid the rise of new AI programs such as China’s DeepSeek, which claims to use fewer resources, and amid a growth scare in the general market. Either way, the AI trend is still on track to grow, irrespective of the price and valuation of many tech stocks. But it’s also a sign that investors should focus on AI-adjacent opportunities right now instead. One such opportunity? Cloud services. AI demand will keep ...
Read More About This
|
17632

Insider Activity Report: American Express (AXP)

Michael Angelakis, a director at American Express (AXP), recently bought 3,700 shares. The buy is a new position for the director, and came to a total cost of $998,593. This is the first insider buy at American Express since October 2023. Otherwise, company executives have been regular sellers of shares, with a mix of option exercises and traditional sales. The company CEO has been a sizeable seller, albeit when shares were trading at far higher prices. Overall, American Express insiders own ...
Read More About This
|