Updated from 6:57 a.m.EDT
The perfect setup for a stock in my mind? Insiders buying shares, the company buying back stock and a super-investor such as
also accumulating a position. If I can get three out of three, I'm in heaven, but even two out of three makes me happy, particularly if the stock is cheap in other ways as well.
This is why each week at Stockpickr we update the
portfolio, featuring stocks that have seen either big insider purchases or newly announced buybacks, as well as super-investors accumulating shares.
This week's portfolio includes
To read more,
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of
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
and the author of
Trade Like a Hedge Fund
Trade Like Warren Buffett
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
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