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Most Attractive Stocks: Bank of America, AT&T, Tenet Healthcare, United States Steel, Chesapeake Energy, and Goldcorp


News provided by

Insiderslab.com; Insiders.hk

Sep 17, 2012, 08:55 ET

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VANCOUVER, British Columbia, Sept. 17, 2012 /PRNewswire/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Bank of America (NYSE:BAC), AT&T (NYSE:T), Tenet Healthcare (NYSE:THC), United States Steel (NYSE:X), Chesapeake Energy (NYSE:CHK), and Goldcorp (NYSE:GG).

(Logo: http://photos.prnewswire.com/prnh/20100419/HKM001LOGO )

(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)

Report Highlights:

Bank of America Corporation (NYSE:BAC): At the end of last month, Bank of America Corporation (NYSE:BAC) announced the company and its related corporate bodies ceased to be substantial shareholders of Indophil Resources NL on August 28, 2012. However, the bank recently increased its stake in Bathurst Resources Ltd from 50,976,454 ordinary shares (7.32% of the voting power) to 83,066,099 ordinary shares (11.92% of the voting power). At the close of the trading day, Bank of America shares advanced more than1.60% to US$9.55. The stock traded on above-normal volume at 329.38 million shares, 2.7 times more than the stock's average daily volume exchanged hands. Share prices of Bank of America have traded as high as US$10.10 per share and as low as US$4.92 in the past 52 weeks. Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors. Do you want to know when Bank of America insiders will purchase their shares?

Read Full Report: http://www.insiderslab.com/PR3/091712A/BAC/BankofAmerica.pdf

AT&T Inc. (NYSE:T): AT&T Inc. (NYSE:T) announced on September 12 that it will offer iPhone 5 on September 21 and customers will be able to pre-order iPhone 5 online on September 14. At the close of the trading day, shares of AT&T plunged US$0.89 (or -2.33%) at US$37.26 with more than 41.12 million shares exchanged hands for the session compared to its average volume of 21.06 million shares. In the past 52 weeks, AT&T share prices have been bracketed by a low of US$27.41 and a high of US$38.28, and are now at US$37.26 (36% above that low price). AT&T's market capitalization after the recent close was US$214.95 billion. Did AT&T insiders sell their shareholdings before the stock price dropped? Since AT&T insiders have better access to company non-public information, Insiderslab.com suggests investors to pay close attention to their stock trading behaviors. Check this insider trade report for AT&T here.

Read Full Report: http://www.insiderslab.com/PR3/091712A/T/ATT.pdf

Tenet Healthcare Corporation (NYSE:THC): On September 12, Tenet Healthcare Corporation (NYSE:THC), an investor-owned health care services company, announced a US$67 million investment in Sierra Providence East Medical Center in El Paso, Texas, which will provide high-quality care to the eastside community. Tenet Healthcare said a construction of a four-story tower is included in the project and the construction is planned to begin in December this year and is expected to be completed by the end of 2014. Moreover, Tenet Healthcare has recently named Daniel J. Cancelmi as Chief Financial Officer. The stock after opening at US$5.95 hit high price of US$6.05 and then closed at US$5.76 by scoring 7.26%. Abnormal trading volume of Tenet Healthcare was found reaching 39.50 million shares, 6.2 times heavier than usual day trading. Investors may want to find out how Tenet Healthcare insiders are thinking about the future of the company. Check this insider trade report for THC here.

Read Full Report: http://www.insiderslab.com/PR3/091712A/THC/TenetHealthcare.pdf

Today Insiderslab.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. It will take some time for insiders to report their trades. Read these reports and add these companies into your Insider Trade Radar.

United States Steel Corporation (NYSE:X):

Read Full Report: http://www.insiderslab.com/PR3/091712A/X/UnitedStatesSteel.pdf

Chesapeake Energy Corporation (NYSE:CHK):

Read Full Report: http://www.insiderslab.com/PR3/091712A/CHK/ChesapeakeEnergy.pdf

Goldcorp Inc. (USA) (NYSE:GG):

Read Full Report: http://www.insiderslab.com/PR3/091712A/GG/Goldcorp.pdf

Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.

About Insiderslab.com:

Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore.  Insiderslab.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.

Important Disclaimer:
Please visit insiderslab.com/disclaimers/disclaimers.php for details.

SOURCE Insiderslab.com; Insiders.hk

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