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Must See: Rare Insider Buy

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Zacks | Our Research. Your Success.

2 Insiders Snapped Up Shares

Zacks Member,

I recently spotted what could be a phenomenal opportunity for investors.

Not long ago, 2 high-ranking insiders of a global beauty company reached into their own wallets for $1,503,734 and bought 30,760 shares of their company's stock.

One Director bought 9,910 shares. He hadn't bought shares on the open market since 2008.
Another Director picked up 20,850 shares. This is his first open market purchase since 2007.

An insider buy like this sends a powerful signal. These highly-placed insiders already own tens of thousands of shares, but neither has bought shares on the open market in over a decade. Why are they piling on now?

Clearly, management sees something promising on the horizon.

There are many reasons for insiders to sell their stock, but only one reason to buy:

They believe it's going up in price.

Due to a recent pullback, shares are priced at a discount, but likely not for long. This is an exceptional buying opportunity.

You can see this pick along with 10 other selected stocks in Insider Trader, a portfolio that is normally closed to the public.

No need to hesitate. Your total cost for 30-day access to Insider Trader buys and sells is only $1.

Don't wait on this. Your chance for access ends Sunday, May 30.

All the Best,

Tracey Ryniec - signature
Tracey Ryniec
Editor of Insider Trader

P.S. Another reason to look into this now is that you can also download Zacks' Special Report, 5 Stocks Set to Double free. It reveals 5 stocks that our experts predict could grow +100% or more in the next 12 months. Previous versions of this report have given investors a chance at +213%, +243%, even +542% gains. See the new stock picks now »

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