InsiderFinancial

InsiderFinancial

$IDEX set to squeeze the shorts as 18.8% of the float is short. This $1 billion market cap EV player is one of the cheapest plays in the space. Our last update on $IDEX: insiderfinancial.com Good luck to all!

InsiderFinancial

With the epic collapse in oil prices, time to take a look at the refiner. $HFC has caught our attention as the stock is on the verge of a breakout. HollyFrontier Corporation (NYSE:HFC) is a refiner that owns 457,000 barrels per day (BPD) of Mid-Continent, Rockies, and New Mexico transport fuels refining capacity and 15,600 BPD of lubricating oil refining...

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$NVAX is setting up as nice day trade if we get above $18 and the 52 week high of $18.25 a share. We could see $20 a share pretty easy, especially with the news out today. MELBOURNE, Australia, April 16, 2020 /PRNewswire/ -- As part of the urgent global race to develop a vaccine to tackle the Coronavirus COVID-19 outbreak, Nucleus is due to commence Phase 1...

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$BBBY reported earnings yesterday and the market liked what was said on the earnings call. The stock is trading up pre-market and we think the worst is over for the company. A lot of the enthusiasm is the turnaround being put in place by the new CEO, who was former CMO of $TGT. For example, the Bed Bath &Beyond digital business is seeing net sales growth of more...

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$MRNA is working on a vaccine for the coronavirus. If the stock breaks out above $36, it should take off. Risk looks to be minimal. The trade should work out right away. Can do buy stop at $36.01 and risk 20 to 50 cents, depending on your risk tolerance. Moderna, Inc., a clinical stage biotechnology company, develops therapeutics and vaccines based on messenger...

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$RICK has gotten hit like most other nightlife and restaurant operators due to the coronavirus crisis. However, business will come back and shares are down 66% off their highs. $RICK is a worthwhile play for investors looking for good companies that have been hit hard over the coronavirus. If business were operating as usual, $RICK would be trading at just 4.8x...

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$TACO looks to have sold off too hard to the downside and now trades near all-time lows. In the current environment, $TACO should do alright. Historically, prior to the introduction of delivery, drive-thru and takeout represented more than 85% of Del Taco’s company-operated restaurant sales. On the recent fiscal fourth quarter 2019 earnings call the Company...

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Like most investors, we are looking at stocks that have seen a big bounce off the lows. The one exception to this rule is the airline stocks. $DAL is just $4 off its 52 week lows of $19.10 a share. President Trump has said publicly that he is not going to let the airlines fail and that a bailout package is on the way. We will look to add to our position on any...

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No one knows when things will return to normal. The best we can do is just try to identify good companies to buy at a discount. $CAKE Is one of those companies. $CAKE has a low PEG ratio of 0.72 and trades at just 5.4x last year's earnings, 0.27x last year's sales, and 8x last year's FCF. The stock is 69% off its 52 week high and has found strong support off...

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$WBA made fresh lows after a disappointing earnings call. On the call, the company issued a somber outlook and said that foot traffic is way down. We believe the market took the news in stride and we now have a buy opportunity as trendline support held. The stock also looks cheap trading at just 0.26x sales and 9.89x FCF. Walgreens Boots Alliance, Inc. operates...

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$SIG looks to be a smart long-term play. We believe the stock is way oversold. $SIG trades at just 0.07x sales, 0.28x book, 1.12x cash, and 1.22x FCF. There's also a large short position with 23% of the float short. We believe there's more upside than downside at current levels. Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and...

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$MRO is an oil name that looks interesting with crude at $20 a barrel. $MRO is pretty strong financially and trades at just 0.21x book, 3.28x cash, and 1.13x FCF. There's also been a lot of insider buying recently. Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4 TILLMAN LEE M Chairman, President and CEO Mar...

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$MLCO is trading at trendline support and is a good play for investors in the gaming sector. Macau is open and will bounce back quicker than Vegas. $MLCO has no exposure to Vegas as its properties are in Macau and the Philippines. The company is also not overly leveraged and trades at 2.45x book and 4.6x cash. Melco Resorts & Entertainment Limited, through its...

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With natural gas prices depressed, it's time to start buying some nat gas related companies. $ET has popped on our radar as it trades at trendline support. There's a number of things to like about $ET: 1. Recent insider buying 2. Shares are cheap trading at 3x earnings, 0.24x sales, 0.55x book, and 6.25x FCF. 3. $1.22 per share dividend Energy Transfer LP...

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$KR continues to be a favorite of ours. We nailed the last dip for a trade and think the same is going to play out again for $KR. $KR also counts $BRK.B as a shareholder. It's also a safe bet as consumers still need to stock up on food as the coronavirus isn't going away anytime soon. As always, trade with caution and good luck to all!

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$TGT has sold off to key trendline support and this is a dip worth buying. There's a lot to like with $TGT. Target (NYSE:TGT) says it has been experiencing unusually strong traffic and sales as customers stock up on items like food, medicine, cleaning products and pantry items. As a result, the retailer is adjusting the expected timing of some of its strategic...

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$OXY has caught our attention as it is bouncing off trendline support. Today the company put our an operational update. Occidental Petroleum Corporation (NYSE: OXY) announced today a further reduction in 2020 capital spending to between $2.7 billion and $2.9 billion from its original 2020 guidance of $5.2 billion to $5.4 billion, a midpoint reduction of 47...

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China is on its way to recovering from the Wuhan virus and we expect economic activity to pick up. While the USA faces the Chinese virus head on, it's best for investors to focus on plays that won't be affected by what's happening in the US. $BABA will benefit and the stock will head back to where it was trading at before. With Softbank selling some of its...