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
TheStreet Open House

5 Stocks Insiders Love Right Now


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

Get Adobe Flash player

Another name that insiders are doing some big buying in is Sealy (ZZ), which, together with its subsidiaries, engages in the manufacture and marketing of bedding products. Insiders are buying into some decent strength here since the stock is up 16% so far in 2012.

Sealy has a market cap of $201 million and an enterprise value of $873 million. This stock trades at a premium valuation, with a forward price-to-earnings of 25. Its estimated growth rate for this year is 133%, and for next year it's pegged at 300%. This not a cash-rich company, since the total cash position on its balance sheet is $107.97 million and its total debt is $791.88 million.

>>7 Companies That Keep on Growing

A beneficial owner just bough 864,494 shares, or $1.5 million worth of stock, at $1.70 per share.

From a technical perspective, ZZ is currently trading above its 50-day and 200-day moving average, which is bullish. This stock flirted with a major breakout trade Wednesday when shares briefly traded above some major past overhead resistance at $2.02 to $2.15 a share on monster volume. Volume registered 2.57 million shares versus its three-month average volume of 403,365 shares. That said, the stock failed to close above those breakout levels, and it closed a bit off its daily high of $2.23 a share.

If you're bullish on ZZ, then I would look for long-biased trades off a sustained high-volume move and close above $2.02 to $2.15 a share. Look for volume on any move above those levels that's near or well above 403,365 shares. If we get that action soon, then look for ZZ to make a run at its next major overhead resistance levels at $2.78 to $3.11 a share.

3 of 6

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,987.51 -61.49 -0.36%
S&P 500 1,985.54 -11.91 -0.60%
NASDAQ 4,567.5980 -24.2080 -0.53%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs