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Insiders Are Buying the Dip on These 10 Stocks

Mount Equity Group Tokyo Japan > News > Markets > Insiders Are Buying the Dip on These 10 Stocks

At the end of July we identified 10 stocks that insiders were piling into and shared it with our subscribers. In this article we are going to revisit our July 2022 thesis in each stock and report each stock’s performance. These stocks outperformed the market by an average of 1 percentage point since then. Here is how we saw the investment landscape 3.5 months ago:

Record inflation and rising interest rates contributed to a 0.9% contraction in the United States (US) economy during the second quarter of 2022, per data recently released by the Department of Commerce. The advance estimate, made by the Bureau of Economic Analysis, is slightly below the 1.6% contraction in the economy registered in the first quarter of the year. However, the second straight quarter of decline indicates that the markets are already in a recession, per a technical definition of the word not followed by policymakers in the US. 

Prominent stocks like Meta…

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