NYT - Keep An Eye On Insider Buying - Cramer's Mad Money (11/5/18)
Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Monday, November 5.
In a market dominated by news from all corners, there is one sign that shows confidence in a stock - Insider buying. While company executives sell the stock for many reasons, they buy it for the only reason - confidence that their company is undervalued.
When IBM (IBM) fell from $153 to $115, five executives including the CEO bought stock. The stock rallied as a result and Cramer remains a fan of IBM and Red Hat (RHT)