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

AmeriGas Partners

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

Get Adobe Flash player

One final stock in the oil and gas complex where insiders are buying up stock in is AmeriGas Partners (APU). This company is a retail propane distributor in the United States. Insiders are buying into some weakness here since the stock is down 11% so far in 2012.

AmeriGas Partners has a market cap of $3.5 billion and an enterprise value of $4.5 billion. This stock trades at a fair valuation, with a trailing price-to-earnings of 22.79 and a forward price-to-earnings of 18.72. Its estimated growth rate for next quarter is -300%, and for this year it's pegged at -103%. This is not a cash-rich company, since the total cash position on its balance sheet is $58.76 million and its total debt is a whopping $1.16 billion.

A chairman of the board and director just bought 4,000 shares, or $161,000 worth of stock, at $40.29 per share.

>>6 Small-Cap Stocks to Fuel Your Portfolio

From a technical perspective, APU is currently below both its 50-day and 200-day moving averages, which is bearish. This stock recently dropped big from around $45 to a low of $39.60 a share on monster volume. Since that sizeable decline, APU has been able to hold above that $39.60 low, and it has trended higher and moved within near-term breakout range.

If you're bullish on APU, I would look for long-biased trades once this stock triggers a near-term breakout above $41 a share with high volume. Look for volume on a move above that level that registers near or well above 287,474 shares. If we get that action soon, then look for APU to make a solid pop back towards its 200-day at $42.53 or its 50-day at $43.20 in the very near future. I would simply avoid any long biased trades on APU if this stock trends back below that recent low of $39.60 with high-volume.

To see more stocks with notable insider buying, including Cracker Barrel Old Country (CBRL), Spectrum Brands (SPB) and Basic Energy Services (BAS), check out the Stocks With Big Insider Buying portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.


Follow Stockpickr on Twitter and become a fan on Facebook.

At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to and maintains the website, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.
6 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 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

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