1 2 Do you remember the Nifty Fifty? These were the original “Blue Chip” buy and hold stocks in the 1960’s and 1970’s. That strategy worked until the late 1970’s and 1980’s. The FAANGs or FAAMGs are the new Nifty Fifty at least in terms of the breadth of ownership. The question is when will these names be replaced by a new generation of growth companies and who will they be. Goldman Sachs attempted to provide that answer with their own “Future Five.” In a recent report, Goldman Sachs David Kostin seeks to find companies that have similar characteristics to the FAAMGs. These five compa...

In the current market climate where people are moving a lot, it makes sense that a storage company may see some opportunity. Public Storage (NYSE: PSA) is a real estate investment trust (REIT) that does just that and they currently pay a 3.56% dividend yield. Just as this market is potentially heating up, insiders have started buying shares. These are the first insider buy transactions since August of 2017. Maybe this is a good time to revisit PSA as an investment opportunity. PSA is an industrial REIT that operates over 2,500 self-storage facilities in 38 states with over 171 million i...

1 2 One of the trends of the pandemic is the increase in pet ownership. Of course, when you get a pet you need to care for them. That means food, medical care, and various miscellaneous supplies. In this story, clothing is optional. The shift to online ordering and increased pet ownership has created opportunity for investors. Here are four companies that have had recent pullbacks that are setup to buy the dip.Pet Stock #1: Chewy Inc (NYSE: CHWY) Chewy is a $23.97 billion market cap e-commerce company that sells pet food, supplies, medications and other pet-health products through the...

Yesterday, I posted on eight stocks that are considered “Rubber Band Trades.” Micron Technology, Inc (NASDAQ: MU) was one of these stocks in late August. Since that time, the company has received a series of bullish unusual option trades. That trend has continued this week and another large trade materialized on Wednesday that is dovetailing with Goldman Sachs upgrade on Monday. Goldman Sachs analyst Toshiya Hari upgraded the stock to buy from neutral with a $58 price target. The analyst pointed to capex cuts bring costs down and price stabilization for the core products of the company....

Fiat Chrysler Automobiles NV (NYSE: FCAU) announced a revision to the merger agreement with Peugeot SA. The agreement was a necessity for the company following the liquidity impact of COVID-19 policies. The company’s desire was to preserve the economic value and balance of the original agreement. Investors appeared to like the deal as the price of FCAU shot up over 7% on Tuesday. However, just before the close there was a large option trade that happened in one print that suggests the move may be limited. The revision to the merger deal still needs to be approved by the Stellantis Board...

1 2 A rubber band stock is a company that has sold off quickly and is ready to snap back. This setup can be explosive because of extreme oversold nature of the price. This setup can be particularly explosive with companies that are trading at a good value and has a stable outlook. Here are eight overstretched value companies poised for a strong rally in the coming weeks. There are several different approaches to apply the concept of a “Rubber Band Trade.” For the purpose of this list, the strategy involves the use of three separate indicators. The indicators are a 50-day, 4 ATR Keltne...

Franklin Street Properties Corp (NYSEAMERICAN: FSP) is a Wakefield, Massachusetts-based REIT that is focused on infill and central business district (CBD) office properties. The company pays current annual dividend yield of 8.51% and is trading near its 2020 low. As the price is testing the lows, the company has seen the highest amount of insider buying than at any time in the previous four years. In the company’s most recent earnings report they missed analyst estimates for funds from operations (FFO). They reported FFO of $0.19 per share against estimates of $0.20 and $0.22 they earne...

1 2 It has been a rough couple of weeks for technology investors as volatility surged to levels not seen since late February. As the price for the Nasdaq 100 chops around near 11,000, some technology names began to see option activity pick up as merger news began to surface. The following three semiconductor companies saw significant option activity on Monday and saw their price moving higher on Monday’s session. The Technology sector was the second worst performing S&P 500 sector last week as sellers held on to their control. The tech-heavy Nasdaq 100 achieved correction status w...

Looking back over the last several years, September has been a month where insiders have typically sold more shares of Snap Inc (NYSE: SNAP) stock. It has also been a time of year, given its limited history, of underperformance. Comparing the selling so far in September against past years, the number of shares being sold is the highest since September 2017. As the price attempts to rally over the past three weeks, it may be a good time to assess the opportunity going forward. Since the beginning of the month, insiders in SNAP had sold nearly 6.2 million shares totaling over $139 million...

Oil has fallen over $7 from its high on August 26 and has been consolidating the past four days. As oil prices deliberate, the share price of energy names has been doing the same. While the surface of the energy market is quite bearish, most of these names are oversold. On Monday, the options market appears to have turned more bullish. The significant activity on energy names like Apache Corporation (NASDAQ: APA ) and Occidental Petroleum Corporation (NYSE: OXY) may be a bigger indication of a rally in energy names heading into the end of the year. Crude oil inventories had a surprise b...