These six tech stocks are what insiders are buying now. That indicates they are very positive about the long-term prospects of the company. In addition, a number of these companies have recently instituted or upped their share buyback programs.
These are both strong indications that insiders, including the board — who would have made the buyback decision together with the chief executive officer (CEO) — think that the stock is severely undervalued. The theory here is very simple — who else would know better than a board member that the stock is too cheap?
Let’s dive in and look at these stocks…
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