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Corporate Insiders are Still Buying Stocks. Here Are 7 of This Week’s Big Buys.

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Insiders have been scooping up large volumes of these stocks this week, and it may be wise to consider copying them. 

Noted investor Peter Lynch once said, “Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” Taking his advice, using TipRanks’ Insiders’ Hot Stocks tool, we have compiled seven stocks that insiders have been purchasing this week.

The purchases were not small either. Insiders bought shares worth over $1 million of each stock. With each of the stocks trading at attractive valuations and impressive upside potential, this could be a great time to invest in them.

This is the list of the seven stocks that were hot on insiders’ shopping list: TCDA, LQDA, NDLS, NYC, BKNG, HOG, CNA

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