Top Stocks With Insider Buying, Buybacks - TheStreet

Top Stocks With Insider Buying, Buybacks

Large repurchases make these stocks to watch.
Author:
Publish date:

Updated from 7:05 a.m. EDT

One of the primary goals of Stockpickr.com is to allow everyday investors to see what the big guns are buying. Often, we see a big-name investor loading up on a particular stock. This is usually a good sign because you know that person put a lot of time and due diligence into that process. Plus, high-profile investors have bankers, lawyers and consultants breaking down the business every which way imaginable.

The real icing on the cake, however, is when that same company announces that an insider has purchased a large chunk of stock or even better, the board initiates a new, large share-buyback program.

That's why each Thursday at Stockpickr we update the

Top 10 Insider Purchases and Buybacks

portfolio, featuring the stocks that in the last week had either big insider purchases or newly announced buybacks, as well as super-investors accumulating shares.

This week's portfolio includes

Consol Energy

(CNX) - Get Report

,

Logitech

(LOGI) - Get Report

and

Atlas America

(ATLS)

.

To read more, please click here.

At the time of publication, Altucher and/or his fund had no positions in funds mentioned, although positions may change at any time.

James Altucher is president of

Stockpickr

LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the

Financial Times

and the author of

Trade Like a Hedge Fund

,

Trade Like Warren Buffett

and

SuperCa$h

. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

click here

to send him an email.

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