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Tickers in this Article: RCL, CCL, BSX, MS, KMR
The volatility that has been omnipresent in the equity markets has made investors nervous, but it has also made for good buying opportunities. Insiders, who in theory should be more in touch with their own organizations than the investing public, have been taking notice. Here are four stocks that insiders are bullish on right now.

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Setting Sail
Between July 29 and Tuesday of last week, an officer and a director for Royal Caribbean Cruises (NYSE:RCL) purchased more than $130,000 worth of the company's stock at prices ranging from $28.80 to $30.90 per share. My take here is that they believe that the 42.6% pullback the stock has suffered so far this year is way overdone.

Despite any headwinds the industry may be facing, analysts are still expecting the company to post double-digit EPS and revenue growth in Q3. Rising fuel costs will be a challenge for Royal Caribbean and competitors such as Carnival Corporation (NYSE:CCL) in the coming months, but a forward P/E of 7 on Royal Caribbean is enticing nonetheless.

The medical device maker Boston Scientific (NYSE:BSX) saw one of its directors buy close to $700,000 worth of common shares last Tuesday at a purchase price of $6.82 per share. The company is coming off of a Q2 in which it was able to raise its full year guidance and announce a $1 billion stock buyback plan. BSX shares are down 20% on the year.

Taking Stock
A big name financial institution experienced some sizable insider buying last week. Officers and directors at Morgan Stanley (NYSE:MS) loaded up on more than $3.8 million worth of MS shares at purchase prices ranging from $20.00 to $22.04 per share.

The stock got curb-stomped to a new 52-week low last week. Strength in its advisory and underwriting businesses are driving the company's investment banking revenue back towards pre-recession levels. With a price-to-book ratio of 0.63 and a forward P/E of 6.5, what's not to like?

On Wednesday of last week, Richard Kinder, chairman and CEO of the energy transportation and storage company Kinder Morgan Management (NYSE:KMR), purchased $1.5 million worth of his own company's stock at prices ranging from $60.02 to $60.65 per share. Kinder has noted that the company is optimistic towards its natural gas shale plays and its coal export operations. KMR shares are down 16% over the course of the past month and are 17% lower than where they began the year.

The Bottom Line
Choppy markets can certainly be unsettling to long-term investors. Market pullbacks are not always a bad thing, though. They can be a good time to put excess cash to work and seek out buying opportunities. Insiders at these four companies appear to be of that mindset, but only time will tell as to how their bets pan out. (For additional reading, take a look at When Investors Buy, Should Investors Join Them?)

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