|Day Low/High||4.08 / 4.45|
|52 Wk Low/High||2.48 / 5.59|
We initiated a new position for the portfolio during the shortened holiday trading week.
We exited three biotech/pharma positions and added to two other holdings during a busy week for the portfolio.
We exited two positions today following a tough week for small-cap stocks.
Last week, we increased our holdings in one position and added 2 Bullpen names.
We used price declines to scale into several holdings as small-caps underperformed the overall market.
This week brings earnings from 5 portfolio holdings as the market continues to shrug off potential negatives.
We took some profits and added a Bullpen name, among other moves, during a rough week for a few portfolio names.
We added to one name during a stellar week for the majority of the portfolio.
We took a healthy profit trimming one name and added to three other positions last week.
We added a digital security name to the Bullpen during a mixed week for the portfolio.
We initiated 2 new positions and jettisoned another over the last week.
LSI Industries should benefit from reconstruction following Harvey and Irma.
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.
Looking at the universe of stocks we cover at Dividend Channel, on 8/24/17, LSI Industries Inc. will trade ex-dividend, for its quarterly dividend of $0.05, payable on 9/6/17.
A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At LSI Industries Inc.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: DPLO, ERJ, HOLI, OSIS Downgrades: ABG, AMS, BP, BWINB, CYBR, ISSC, LYTS, MXL, NAT, NNA, NSU, TUP Initiations: ESDI, NH Read on to get TheStreet Quant Ratings' detailed report:
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.
Investors who can stomach the risk may take this opportunity to buy Acuity Brands shares at a discount.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of LSI Industries Inc. were yielding above the 2% mark based on its quarterly dividend (annualized to $0.20), with the stock changing hands as low as $9.95 on the day.
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