A Bull Market Is Coming: 2 Phenomenal Growth Stocks Insiders Are Buying Like There's No Tomorrow
Over the past week, investors were greeted with headlines that the S 500 had crossed a psychologically important benchmark: It joined the Nasdaq Composite and the Dow Jones Industrial Average in climbing more than 20% from its recent trough. As a result, many market commentators are declaring the beginning of the new bull market.
We can't know if the good times are here to stay, but one thing is certain: History shows that every previous bear market has eventually given way to a bull market, so it isn't so much if there will be a bull market, but when. Given that simple truth, investors who continue to buy shares of quality businesses now will likely be rewarded when stocks begin to gain steam.
One time-honored technique is to monitor the stock purchases made by company insiders. Why? There's an old adage on Wall Street that suggests that while there are many reasons to sell, there's only one reason insiders buy company stock: because they believe it will go up. With that as a backdrop, let's look at two stocks that company insiders are buying like there's no tomorrow.
Source Fool.com
