Top 10 Stocks With Major Insider Buying

At Stockpickr, we keep track of the Top 10 Insider Purchases and Buybacks in the market. Of course, it's always nice to see a company that has good earnings or confirms guidance. But in today's uncertain climate, that isn't always enough.

What we also like to see is either insiders or a board of directors putting its own money on the line. When all of these things come together at the same time, we feel there is an excellent buying opportunity.

Each Thursday, we update the Top 10 Insider Purchases and Buybacks portfolio. It's made up of stocks that had big insider purchases, newly announced buybacks or super investors accumulating shares during the past week.

For instance, this week's list of names includes HeinzHNZ. The first reason we looked at Heinz as a contender for this portfolio was because CEO of Heinz North America David Moran recently purchased 10,000 shares, or $461,994 worth of stock.

But more important, we know that one of the most successful activist investors ever, Nelson Peltz, is a 5.4% shareholder and is pushing for change at Heinz. While many view Peltz as an agitator, others point out that he flat-out gets results. His hedge fund, Triarc, was started in late 2005 and returned 37% in 2006.

But he is better known for his successful activist plays, which include Wendy'sWEN and Tim HortonsTHI.

	Which names with insider buying do you think offer investment opportunities? Answer Here