Nothing exhibits more confidence in a stock to investors than insider buying. Insider selling may be done for a number of reasons, but there's only one reason why they might buy. No one knows more about a company than those who run it so when they start buying stock; it's a good idea to sit up and pay attention.
In a volatile market like we've seen lately, positive buying action is doubly enticing. And in a nervous market, it also helps to buy into an industry with strong growth and high demand.
There's been a strong trend in the technology industry to invest in "IoT" like big data services and telecommunications infrastructure. One stock in this growing industry stands out with insider buying and heavy demand for telecommunications infrastructure development.
Growth in telecommunications is expected to grow rapidly over the next few years. For 2015, growth is expected to be 5.57% while 2016, 2017, and 2018 is estimated to be 6.21%, 7.03%, and 7.49% respectively. Merger and acquisition activity is likely to increase over the same period as well. Continue reading "Insiders Love This Communications Stock"