Top 10 Stocks With Big Insider Buying, Buybacks

One of the primary goals of Stockpickr.com is to allow everyday investors to see what the big guns are buying. Often times, we see a big-name investor loading up on a particular stock. This is usually a good sign because you know that person put a lot of time and due diligence into that process. Plus, high-profile investors have bankers, lawyers and consultants breaking down the business every which way imaginable.

The real icing on the cake, however, is when that same company announces that an insider has purchased a large chunk of stock or even better, the board initiates a new, large share-buyback program.

That's why each Thursday at Stockpickr we update the Top 10 Insider Purchases and Buybacks portfolio, featuring the stocks that in the last week had either big insider purchases or newly announced buybacks, as well as super-investors accumulating shares.

Boeing(BA Quote) makes this week's list. The aerospace giant recently announced it will repurchase up to $7 billion in common stock. Since resuming repurchases in 2004, the Chicago-based company has bought back about $8 billion of its shares.

Boeing also posted solid third-quarter earnings at the end of October. Analysts were looking for net income of $1.24 a share, but the jetmaker delivered $1.44. The stock has a price-to-earnings (P/E)ratio of 18, a P/E-to-growth (PEG) ratio of 1.2 and a yield of 1.5%, stats that, taken alone, make it very attractive. The outlook wasn't stellar but with $295 billion in backorders, earnings per share are locked in for some time.