4 Service Stocks Get Boost from Insiders
The staff of Kapitall.com have screened for stocks getting heavy boost from company insiders.
Do you like to trade with the buying trends of insider investors? We ran a screen with that idea in mind.
We began by screening the services sector for stocks with strong upward momentum, trading within 10% of their 52-week high.
We then screened these names for those with the confidence of their company insiders, such as members of the board and upper management, with significant net insider purchases over the last six months representing at least 2% of share float. Since most companies only have a handful of company insiders, net insider purchases representing 2% of share float is a big show of confidence in their employer's prospects.
Analyst ratings sourced from Zacks Investment Research.
Tool provided by Kapitall.
Do you think these names will soon trade above their 52-week highs? Use this list as a starting point for your own analysis.
1. Stewart Enterprises Inc. (STEI): Provides funeral and cemetery products and services in the death care industry in the United States and Puerto Rico.!--start-->