Top 10 Stocks With Big Insider Buying, Buybacks

So both analysts still see the turnaround intact. In this environment, any misstep is likely going to get hammered. But with Michael Dell back at the helm and a strategy in place, I believe this company will turn around. The stock is also about 20% off its 30-day high.

We are glad to see the likes of Wallace Weitz as a believer in the company. Weitz is a mutual fund family based in Omaha, Neb. Often called the "other Oracle of Omaha," Weitz favors the value-disciplined approach of Ben Graham combined with "a conviction that qualitative factors that allow a company to have some control over its destiny can be more important than statistical measurements, such as historical book value or reported earnings." Other Weitz holdings include Countrywide(CFC Quote - Cramer on CFC - Stock Picks).

It's also good to see that Moore Capital is betting on Dell. Since 1990, the fund has returned more than 24% annually, making Louis Bacon one of the top fund managers of his generation. Other top Moore positions include Cisco(CSCO Quote - Cramer on CSCO - Stock Picks), another recent buyback play, and Intel(INTC Quote - Cramer on INTC - Stock Picks).

So with Dell, we have a buyback, a turnaround under way, a beaten-down stock and some very smart investors in the name. That makes Dell a stock worth considering.

And finally, we have Western Union(WU Quote - Cramer on WU - Stock Picks) rounding out this week's portfolio. The provider of money transfer and other financial services recently authorized $1 billion to repurchase shares, expanding an existing $300 million buyback plan.

Barron's last week posted a bullish piece on the stock, noting that "given the company's efficient global money-transfer business and growth opportunities," the stock could be poised for a 20% jump or more. The report quoted Timothy Call, manager at Richmond, Va.-based Capital Management, who said, "The value of these shares will become evident as Western Union consistently grows earnings at 20% annually -- in the anticipated slow-growth environment."

Adding to the bullish case for Western Union is that Maverick Capital owns shares. This $10 billion hedge fund is run by Lee S. Ainslie III, a protégé of Julian Robertson at the legendary Tiger Management fund. Maverick also owns positions in Union Pacific(UNP Quote - Cramer on UNP - Stock Picks) and Qualcomm(QCOM Quote - Cramer on QCOM - Stock Picks).

We also like to see that highly respected investor D.E. Shaw is also a believer in Western Union. The global investment firm also owns shares of Take-Two Interactive(TTWO Quote - Cramer on TTWO - Stock Picks) and USG(USG Quote - Cramer on USG - Stock Picks).

So with Western Union, we have a large buyback, a solid outlook for 2008, a bullish piece from influential Barron's, and two outstanding funds in the stock. It could be time to take a harder look at this stock.

To see the rest of this week's picks, check out Stockpickr's Top 10 Insider Purchases and Buybacks portfolio.

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You can also review Barron's Top Insider Purchases from the prior week as well as Cramer's "Mad Money" Buybacks.

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