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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 101

High-Flying United Parcel Service Is Still A Value After Earnings Pop
February 1, 2022 8:00 AM ET

High-Flying United Parcel Service Is Still A Value After Earnings Pop

Thomas Hughes

United Parcel Service (NYSE: UPS) Q4 results and 2022 guidance are what you get when you combine internal operational efficiency, high demand, and pricing increases. The company’s efforts and business resulted in not only strong results but so strong the board authorized an abnormal dividend increase.

NYSE:UPS
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Institutions Put A Bottom In High-Yielding Cabot Corporation
February 1, 2022 7:00 AM ET

Institutions Put A Bottom In High-Yielding Cabot Corporation

Thomas Hughes

Shares of Cabot Corporation (NYSE: CBT) are moving higher after reporting a very strong quarter. The company is perfectly positioned as a specialty chemical maker servicing virtually all industries and seeing systemwide demand.

NYSE:CBT
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V.F. Corporation Falls To Extreme Low On Weak Guidance 
February 1, 2022 12:00 AM ET

V.F. Corporation Falls To Extreme Low On Weak Guidance 

Thomas Hughes

Shares of V.F. Corporation (NYSE: VFC) fell in the wake of the Q3 earnings report and for good reason. The company had a good quarter but one that came with some weaker than expected guidance that led to a quick reset in prices we view as an opportunity for investors.

NYSE:VFC
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Analysts Support For Caterpillar Steady After Weak Margins Cloud Outlook 
January 31, 2022 8:00 AM ET

Analysts Support For Caterpillar Steady After Weak Margins Cloud Outlook 

Thomas Hughes

The analysts have yet to come out with any commentary in the wake of Caterpillar’s (NYSE: CAT) Q4 results which is a telling message in and of itself. The results were mixed and reveal the pressure of inflation but it seems the analysts are sticking to their outlook which favors outperformance in 2022.

NYSE:CAT
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Institutions Provide Steady Support For Colgate-Palmolive
January 31, 2022 7:00 AM ET

Institutions Provide Steady Support For Colgate-Palmolive

Thomas Hughes

Colgate-Palmolive’s (NYSE: CL) Q4 results were a mixed bag for the market and one that shook support for the stock. The takeaway is that support is still present and will likely drive this high-quality dividend-growth stock higher over the course of the next year.

NYSE:CL
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Tightly Held Ethan Allen Interiors Is A Buy
January 28, 2022 4:05 AM ET

Tightly Held Ethan Allen Interiors Is A Buy

Thomas Hughes

Ethan Allen Interiors (NYSE: ETD) is one of the best-positioned stocks in an industry experiencing strong secular tailwinds. While others in the industry are hindered or struggling with supply chain issues and shipping disruptions Ethan Allen Interiors has been quietly expanding its North American footprint, a footprint that generates more than 75% of its inventory and one that relies heavily on its own trucks.

NYSE:ETD
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Tractor Supply Company Is A Buy On Post-Earnings Weakness
January 27, 2022 8:00 AM ET

Tractor Supply Company Is A Buy On Post-Earnings Weakness

Thomas Hughes

Wal-Mart (NYSE: WMT) and Target (NYSE: TGT) need to pay attention to Tractor Supply Company (NASDAQ: TSCO). While the two larger competitors are focusing on the more-urbanized and higher-density population zones Tractor Supply is focused on “Life out Here” and life out here is good, very good.

NYSE:TSCONYSE:WMYNYSE:TGT
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Is Whirlpool Circling The Drain? 
January 27, 2022 7:00 AM ET

Is Whirlpool Circling The Drain? 

Thomas Hughes

Shares of Whirlpool (NYSE: WHR) are moving higher in the wake of the Q4 earnings report and guidance for 2022 but we aren’t betting the house on this move. The company is still in good shape and on track to continue increasing its capital returns but there is a drag on results in the form of inflation.

NYSE:WHR
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Knight-Swift Transportation Confirms Support On Strong Earnings
January 27, 2022 12:00 AM ET

Knight-Swift Transportation Confirms Support On Strong Earnings

Thomas Hughes

Knight-Swift Transportation (NYSE: KNX) delivered a very strong report and we are not surprised. Not only is the industry supported by strong tailwinds but the company is working on growth and its competitors have been reporting strongly as well.

NYSE:KNX
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Institutions Cap Gains In Abbot Laboratories
January 26, 2022 11:00 PM ET

Institutions Cap Gains In Abbot Laboratories

Thomas Hughes

As has become the theme of 1st quarter trading, it looks like institutional activity capped the gains in Abbot Laboratories (NYSE: ABT) but the bottom may already be in sight for shareholders. While the institutional activity shifted in favor of the bears in the 3rd and 4th quarters of 2021 the tide seems to be turning again.

NYSE:ABT
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Sherwin-Williams Growth Is Already Priced In 
January 26, 2022 11:00 PM ET

Sherwin-Williams Growth Is Already Priced In 

Thomas Hughes

Sherwin-Williams (NYSE: SHW) Q4 results helped catalyze an idea that has been brewing among us. The headwinds it is facing are cutting into the results in a way that no matter how good it is doing it isn’t meeting up to expectations or, rather, it is only meeting expectations which is just as bad.

NYSE:SHW
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Buying The Dip In Logitech 
January 26, 2022 8:00 AM ET

Buying The Dip In Logitech 

Thomas Hughes

Logitech (NASDAQ: LOGI), without a doubt, has emerged as a clear winner in technology. The company makes all manner of peripheral devices for computers and devices, both work and play, and gaming, and is so well positioned for today’s market we can’t believe it doesn’t get more coverage.

NASDAQ:LOGI
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Institutions Begin To Shed Automatic Data Processing 
January 25, 2022 11:00 PM ET

Institutions Begin To Shed Automatic Data Processing 

Thomas Hughes

Automatic Data Processing (NYSE: ADP) is a very good company in a growing industry. Not only is it on track for growth but it has a strong balance sheet, is buying back shares, and has a healthy dividend that is itself expected to grow.

NYSE:ADP
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Is It Time To Buy The Rebound In Johnson & Johnson? 
January 25, 2022 11:00 PM ET

Is It Time To Buy The Rebound In Johnson & Johnson? 

Thomas Hughes

Johnson & Johnson (NYSE: JNJ) shares are moving higher on a mixed report. The company missed on the top line but margins came in well above expectation and drove solid results on the bottom line. This has share prices moving higher when the broader market is moving lower and suggests outperformance in the coming year.

NYSE:JNJ
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This Could Be The Last Time To Buy Verizon Below $54 
January 25, 2022 10:00 AM ET

This Could Be The Last Time To Buy Verizon Below $54 

Thomas Hughes

We’ve liked Verizon (NYSE: VZ) for quite some time and let us count the ways. To start, the company is a pure-play on mobile, wireless, and Internet that pays a very high yield while trading at a deep discount to the broad market.

NYSE:VZ
Read This Could Be The Last Time To Buy Verizon Below $54 
Insiders Put A Bottom In Flexsteel Industries 
January 25, 2022 8:00 AM ET

Insiders Put A Bottom In Flexsteel Industries 

Thomas Hughes

Shares of Flexsteel Industries (NASDAQ: FLXS) are trying to hammer out a bottom that could very easily become a double-bottom. This bottom is supported not only by the outlook for business but by the insider and institutional activity as well.

NASDAQ:FLXS
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Steel Dynamics Is A Value That Should Not Be Passed Up 
January 25, 2022 7:00 AM ET

Steel Dynamics Is A Value That Should Not Be Passed Up 

Thomas Hughes

We were expecting a solid report from Steel Dynamics (NASDAQ: STLD) and we were not disappointed. The company is experiencing record demand for steel products and fabrication and that is driving record results. More importantly, a record backlog for fabrication and high levels of customer confidence are pointing to another solid year in 2022.

NASDAQ:STLD
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It’s Time To Buy Into The Schlumberger “Supercycle” 
January 25, 2022 2:00 AM ET

It’s Time To Buy Into The Schlumberger “Supercycle” 

Thomas Hughes

The analysts are driving shares of Schlumberger (NYSE: SLB) higher and we think this is just the beginning of a very long trend. The entire oil industry is supported by fundamental factors that should keep them busy and prices high for the foreseeable future and no one is better positioned to capture industry strength than Schlumberger.

NYSE:SLB
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Tesla Will Lead The Next Tech Market Rally 
January 25, 2022 1:00 AM ET

Tesla Will Lead The Next Tech Market Rally 

Thomas Hughes

While it’s hard to say for certain who will lead the next rally in tech stocks Tesla (NASDAQ: TSLA) is as good a choice as any. The company is riding a wave of accelerated EV expansion that is boosting its reach even as internal efforts to boost production pays off.

NASDAQ:TSLA
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Saia Upgraded Ahead Of Earnings
January 24, 2022 8:00 AM ET

Saia Upgraded Ahead Of Earnings

Thomas Hughes

Less-Than-Truckload Freight carrier Saia (NASDAQ: SAIA) got an upgrade from Deutsche Bank a week ahead of earnings and we are not surprised. The company is well-positioned as a specialty and on-demand source of shipping, freight, and logistics services in a world where freight, shipping, and logistics are in record demand.

NASDAQ:SAIA
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Institutions Are Shedding PPG Industries
January 24, 2022 7:00 AM ET

Institutions Are Shedding PPG Industries

Thomas Hughes

Shares of PPG Industries (NYSE: PPG) rocketed higher in the wake of the pandemic as global demand and curtailed productions boosted supply chain needs throughout the system. The sudden increase in demand for both consumer and commercial paint/coating solutions drove revenue gains to record levels and the demand is still strong.

NYSE:PPG
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Netflix Q4 Results, Now Its Time To Be Scared
January 21, 2022 5:00 AM ET

Netflix Q4 Results, Now Its Time To Be Scared

Thomas Hughes

If you have been worrying about the stock market and the risks of a correction Netflix (NASDAQ: NFLX) Q4 aren’t going to make you happy. It’s not so much that results are bad so much as they aren’t dazzling like they’ve been so often in the past.

NASDAQ:NFLX
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Insider Selling Keeps DoorDash Stock From Taking Off
January 21, 2022 4:08 AM ET

Insider Selling Keeps DoorDash Stock From Taking Off

Thomas Hughes

If you are wondering why DoorDash (NYSE: DASH) stock is having such a hard time in the market we’re here to tell you it is because of insider selling. Not only is this a low-float stock with only 58% of the shares available to trade but the insiders have been shedding them about as fast as they are being made available.

NYSE:DASH
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Shares Of Union Pacific Are About To Leave The Station 
January 21, 2022 4:05 AM ET

Shares Of Union Pacific Are About To Leave The Station 

Thomas Hughes

A look at the long-term chart of monthly Union Pacific (NYSE: UNP) candlesticks makes one thing glaringly evident. This stock is in a long-term uptrend and only going higher. Based on the Q4 results, our outlook for 2022, and the stock’s price action post-release we think the next move may be starting right now.

NYSE:UNP
Read Shares Of Union Pacific Are About To Leave The Station