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 With Big Insider Buying


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

Get Adobe Flash player

One communications services player that insiders are falling in love with here is AT&T (T - Get Report), a provider of telecommunications services in the U.S. and worldwide. Services offered include wireless communications, local exchange services and long-distance services. Insiders are buying this stock into strength, with shares up around 25% so far in 2012.

AT&T has a market cap of $220 billion and an enterprise value of $282 billion. This stock trades at a rich valuation, with a trailing price-to-earnings of 50 and a forward price-to-earnings of 14.75. Its estimated growth rate for this year is 9.1%, and for next year it's pegged at 7.1%. This is far from a cash-rich company, since the total cash position on its balance sheet is $2.15 billion, and its total debt is a whopping $64.53 billion. This stock sports a dividend yield of 4.7%.

A director just bought 55,000 shares, or $2.05 million worth of stock, at $37.43 per share.

>>5 Dividend-Paying Stocks for the Next Decade

From a technical perspective, T is currently trading above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending strong for the last six months, with shares soaring from under $30 to its recent high of $38.28 a share. During that uptrend, shares of T have consistently made higher lows and higher highs, which is bullish technical price action.

If you're bullish on T, then I would wait for this stock to pullback closer to its 20-day moving average at $35.88 or its 50-day moving average of $34.95 a share. If we don't get those pullbacks and T holds above its recent breakout price of $36.19 a share, then this stock could easily hit $40 in the near future.

AT&T, which shows up on a recent list of 2 Dividend Stocks to Sell for Profits, was also featured in " 5 Big Stocks Ready to Slingshot Higher."
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
DOLE $0.00 0.00%
PNK $29.52 0.00%
NCT $3.48 0.00%
QSII $13.41 0.00%
T $36.88 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs