|Day Low/High||3.64 / 3.88|
|52 Wk Low/High||2.94 / 8.30|
Insider purchases have tapered off from their frenzied pace in late 2018, but here are three names where such buying is evident.
These are inexpensive names with nice dividends and insider buying.
Beaten-down Entercom Communications and Dynavax Technologies are off to good starts this year and should continue to improve.
Entercom Communications, W.R. Grace, Newmark Group and a few airlines are seeing insider purchases.
These stocks are deep in bargain territory.
Entercom Communications and Great Lakes Dredge & Dock are two stocks I like post-election.
Stay bearish with Entercom until prices can rally above $8.50.
Beazer Homes, Great Lakes Dredge & Dock and Entercom Communications seem like bargains right now.
Small-caps also should benefit from reduced corporate income taxes and strong U.S. economic growth.
Market attention is now sure to turn to these players with broadcasting, video and streaming operations.
I have often found that insider buying in small- and mid-cap stocks can be a huge 'tell'.
I believe the economy will be a bigger story than the market in 2018 and I doubt we will see the same gains for equities as we did in 2017.
Radio and audio are emerging as go-to content destinations among consumers.
The two small-cap names appear undervalued at current trading levels.
Futures are slightly down as we approach the opening bell. Oil is up near $50 a barrel again. Second-quarter GDP comes in at 2.6%, a nice improvement from the first quarter's 1.4% level. For the first half of 2017, the economy grew at 2%, a much fas...