This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks Insiders Love Right Now

NuStar Energy

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

One stock with huge insider buying is NuStar Energy (NS - Get Report), which is engaged in the terminalling and storage of petroleum products, the transportation of petroleum products and anhydrous ammonia, and asphalt refining and fuels marketing. Insiders are finding some value here since the stock is down over 20% in 2011.

NuStar Energy has a market cap of $3.48 billion and an enterprise value of $6 billion. This stock trades at a reasonable valuation, with a trailing price-to-earnings ratio of 17.13 and a forward price-to-earnings of 16.76. Its estimated growth rate for this year is 1.7%, and for next year it's pegged at 9.9%. This is far from a cash-rich company, since the total cash position on its balance sheet is $59.21 million and its total debt is a whopping $2.57 billion. This stock sports a hefty dividend yield of 8.1%.

A director just bought 187,000 shares, or almost $10 million worth of stock, at $53.45 per share.

From a technical standpoint, NS is currently trading below both its 50-day and 200-day moving average, which is bearish. This stock has been trending lower since it hit its November high of $58.96, and its current price is just under $54 a share. The stock also recently gapped down from $56 to $53 a share on monster volume. That said, shares of NS have a ton of previous support that sits right around $53 to $52 a share.

If you're bullish on NS, I would look to get long once it trades back above its 50-day moving average of $54.66 on high volume. Look for volume that's tracking in close to or above its three-month average action of 112,698 shares. One could also buy off weakness and get long near $53 to $52 a share, and simply use a mental stop just below $52.

If you buy off strength on a move above the 50-day, then I would use a mental stop a few percentage points below that level. Target a run back towards $56 or $58.82 (the 200-day) if we see a move back above the 50-day on solid volume.
2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
EBIX $37.81 0.00%
KW $26.24 0.00%
NIHD $6.72 0.00%
NS $40.32 0.00%
UTHR $154.26 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs