“HP recently saw a big down move – and insiders bought the dip.”

Insider buying is one of my favorite buying signals in The War Room.

An insider is someone, a director or an officer, who has their pulse on the company – something that outsiders like you and I will never have.

They know about upcoming deals, shifts in strategy, new hires and potential offers for company assets.

And the truth is…

Insiders only buy when they think a stock is going to go up.

Of course, the stock might not go up immediately after insiders pour in, but they’re betting that it will move up at some point.

One company on my radar for a potential trade is Helmerich & Payne (HP).

Insiders are buying HP up in droves.

As you’ll see above, its Director Chariag Belgacem bought 37,356 shares for $1 million, and its CEO also bought $551,000 worth of shares. These big insider buys from multiple high-ranking officials are exactly the criteria I look for before making a trade.

Plus, HP is also looking like a strong bottom fish candidate. Check out its chart below.

Notice the big down move, and insiders bought right afterwards.

One of the hardest aspects of bottom fishing is knowing how to recognize a low-cost stock that could actually bring gains.

But when multiple high-ranking insiders buy, I take notice.

Action Plan: Insiders are pouring into HP, which is why the petroleum company is one of my top watchlist stocks right now in The War Room.

Yesterday we kept our hot streak going with three winning trades, including a 65.85% winner on CVS in less than 1 trading day!

Don’t miss out on our next winning play.

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