I’m an investor in the most literal sense of that word – end of the day, what I want is to buy stock in a good business, at a great price, hold it for a long time, and sell it for many multiples of what I’m paying for it today.
Some of the smartest money comes from insider purchasing. When corporate execs and board members buy stock with their cash, history tells me that paying close attention and digging deep into the company to see what they see is often a brilliant idea.
This week, I want to point out two insider cluster buys that have the potential for outsized returns. Neither of them are making big, sexy moves in the headlines, but I think they’ll make excellent long-term holds…
The post Insider Buying Detected: Execs Are Loading Up on These Two Stocks originally appeared at Money Morning.