Insider Trading Reports: Darden Restaurants (DRI)

Director makes six-figure buy. Charles Sonsteby, a director at Darden Restaurants (DRI), recently added another 1,500 shares to his holdings. The buy increased his stake by 19 percent, to 9,422 shares. The buy came just over $163,000. Insider data shows a series of steady sales by various insiders throughout the past three years, making this the first insider buy at the company since that time. Darden is a holding company that operates nearly 1,800 restaurants under brands such as the ...
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Unusual Options Activity: Plains GP Holdings (PAGP)

Traders bet on 10 percent jump by late February. The February 21st 2020 $21 call options on Plains GP Holdings (PAGP), saw a whopping 148-fold surge in trading volume. From 124 open contracts, volume saw over 18,400 contracts trading hands. The bet, with shares trading just over $19, implies about a 10 percent move higher for shares in the next 46 days. The call buyer paid just $0.30, or $30 per contract. If shares stay under $21, they will expire worthless. If shares move ...
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Three Stocks to Buy for 2020

2019 was a great year for the stock market. But don’t pat yourself on the back just yet. Three poor performers in 2019 are ready to lead the market higher in 2020, and make sense as a buy now. Trading Tips’ Andrew Packer explains in our latest video ...
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Insider Trading Reports: USA Technologies (USAT)

Chief compliance officer doubles stake. James Pollock, Chief Compliance Officer at USA Technologies (USAT), recently doubled his stake with the purchase of an additional 2,189 shares. The buy cost just under $15,000, and left him with a total of 4,362 shares. This is the second buy from Pollock in a month, and a major fund has been acquiring shares in large blocks throughout the autumn. The last insider sales occurred in 2017, at share prices up to 23 percent ...
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Two Chinese Stocks For 2020 and Beyond

These companies can perform well as China’s growth stabilizes and trade fears end. China started the New Year off with a bang—at least financially. The country’s central bank provided more liquidity into the banking system. While some are concerned that this policy may not end well, for the moment, the market is excited for it. That’s because it could give enough of a boost to keep the Chinese economy from further slowing, creating more wealth-generating opportunities for investors. We’ve identified two companies that ...
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Unusual Options Activity: Conoco Phillips (COP)

Traders bet on rally this month. January 24th call options on Conoco Phillips (COP) with a $66 strike price saw a 34-fold rise in trading volume. Going from 108 open contracts to nearly 3,700, the trade is a bet that shares can move at least $0.50 higher from their current price around $65.50. The call buyer paid just under $1.50 per share for the option, so a move to $67.50 will allow the trade to profit at expiration. Shares of Conoco Phillips have been ...
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Two “Buy at Any Price” Stocks For 2020

These companies are a great holding that you’ll rarely get a bargain on. Whether it’s a nice car or mattress, sometimes, it’s worth it to just pay up for quality. That can be the same with some companies too. A handful of great companies that are wonderfully run and capable of continued growth will often trade at seemingly expensive prices. Yet even though these companies don’t seem to get into value territory, for long-term shareholders, they could be some of the best portfolio ...
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Unusual Options Activity: Texas Instruments (TXN)

Traders bet on drop in shares in 2020. The January 2021 $87.50 put options on Texas Instruments (TXN) saw a six-fold increase in volume in trading, going from 104 open contracts to seeing over 630 trade hands. The bet, which has 380 days to play out, would move in-the-money if shares fell by about one-third from their current price near $128. Traders paid about $2.10, or $210 per contract on average, making for an inexpensive market hedge that could soar in value on ...
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