MGRC Crosses Above Key Moving Average Level

Stocks with insider trader activity include MGRC, GUID and AMRI

Unusual volume can be a major signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst.

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. McGrath RentCorp presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of McGrath RentCorp were yielding above the 3% mark based on its quarterly dividend (annualized to $0.98), with the stock changing hands as low as $32.61 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.