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

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 - Get Report). 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

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
ZZ $2.19 0.00%
SD $0.00 0.00%
APU $42.34 0.00%
KOPN $1.70 0.00%
QDEL $17.68 0.00%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs