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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 102

The Coca-Cola Company And PepsiCo Get Upgraded But Which Is The Better Buy?
January 5, 2022 2:00 AM ET

The Coca-Cola Company And PepsiCo Get Upgraded But Which Is The Better Buy?

Thomas Hughes

The Coca-Cola Company (NYSE: KO) and Pepsico (NASDAQ: PEP) both received bullish commentary and fresh, high price targets with the start of the new year but one is still clearly a better buy.

NASDAQ:PEP
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Insiders And Institutions Bet Big On Stitch Fix, Inc
January 4, 2022 7:00 AM ET

Insiders And Institutions Bet Big On Stitch Fix, Inc

Thomas Hughes

Insider and institutional activity in Stitch Fix (NASDAQ: SFIX) have been robust this year and point to a significant uptick in share prices at some point in the not-too-distant future. Insiders, specifically the largest institutional owners, have been buying the stock all year and that activity picked up noticeably in the 2nd half of the year.

NASDAQ:SFIX
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Insiders Bet Big On Dick’s Sporting Goods 
January 4, 2022 6:00 AM ET

Insiders Bet Big On Dick’s Sporting Goods 

Thomas Hughes

Dick’s Sporting Goods (NYSE: DKS) caught our attention in November when it popped up on a screen of institutional selling. While institutional selling remained high in the calendar Q4 2021 period and even reached a peak there is evidence that suggests a turn of the tide for this market.

NYSE:DKS
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Most-Upgraded Chipotle Mexican Grill Is A Tasty Investment For 2022
January 3, 2022 8:00 AM ET

Most-Upgraded Chipotle Mexican Grill Is A Tasty Investment For 2022

Thomas Hughes

Chipotle Mexican Grill (NYSE: CMG) caught our eye as the 5th most upgraded stock in 2021 and the most upgraded name among the restaurants. While we don’t like playing follow the leader with the analysts we do like it when the analysts are touting the same names we are interested in.

NYSE:CMG
Read Most-Upgraded Chipotle Mexican Grill Is A Tasty Investment For 2022
The Top 3 Upgraded Stocks In 2021, You Should Also Own In 2022 
January 3, 2022 7:00 AM ET

The Top 3 Upgraded Stocks In 2021, You Should Also Own In 2022 

Thomas Hughes

We like the analysts not so much for what any single one of them has to say but for the sentiment, and trend of sentiment, within the analyst’s community. The more analysts on board a market the more depth and when the analyst’s sentiment is trending higher or lower it can really move price action.

NASDAQ:PANWNASDAQ:NVDANASDAQ:GOOGL
Read The Top 3 Upgraded Stocks In 2021, You Should Also Own In 2022 
Canoo, Inc Is Most Bought Stock By Insiders In 2021
January 3, 2022 6:00 AM ET

Canoo, Inc Is Most Bought Stock By Insiders In 2021

Thomas Hughes

Believe it or not but little old EV startup Canoo, Inc (NASDAQ: GOEV) is the most bought stock by insiders in 2021. The insiders bought 35.315 million shares in two transactions worth $230.744 million.

NASDAQ:GOEV
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Tractor Supply Company Is About To Plow New Highs 
December 31, 2021 6:00 AM ET

Tractor Supply Company Is About To Plow New Highs 

Thomas Hughes

Stay-at-home and lifestyle stocks like Tractor Supply Company (NASDAQ: TSCO) are among the biggest winners of the pandemic. The pandemic was a game-changing event for the company that amplified sales just as a new CEO and his well-timed plans were beginning to bear fruit.

NASDAQ:TSCO
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Buy These Two (2) Blue Chip Dividend Stocks With Analyst Support 
December 31, 2021 4:00 AM ET

Buy These Two (2) Blue Chip Dividend Stocks With Analyst Support 

Thomas Hughes

Blue-chip stocks like McDonald’s (NYSE: MCD) and Cintas (NASDAQ: CTAS) may not have the flash and bang of their growth-oriented counterparts but there are other things to like about them. Both companies are growing despite their large sizes, both are producing profits, and both are exceeding their expectations while paying out very reliable dividends.

NYSE:MCDNASDAQ:CTAS
Read Buy These Two (2) Blue Chip Dividend Stocks With Analyst Support 
Institutions Take A Position In Victoria’s Secret 
December 30, 2021 7:00 AM ET

Institutions Take A Position In Victoria’s Secret 

Thomas Hughes

Finally, five months after the spin-off and IPO, Victoria’s Secret (NYSE: VSCO) price action appears to be stabilizing. The stock has seen a wild ride over the past few months but has put in a bottom and is now moving higher.

NYSE:VSCO
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Insiders Sell SMART Global Holdings But You Shouldn’t 
December 30, 2021 6:00 AM ET

Insiders Sell SMART Global Holdings But You Shouldn’t 

Thomas Hughes

Insiders have been selling shares of SMART Global Holdings (NASDAQ: SGH) but you shouldn’t be. The company is incredibly well-positioned as a global manufacturer of microchip and LED-based components used by industries of all varieties and it is seeing wicked growth

NASDAQ:SGH
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FuelCell Energy Goes Up In Smoke 
December 29, 2021 6:05 AM ET

FuelCell Energy Goes Up In Smoke 

Thomas Hughes

FuelCell Energy (NASDAQ: FCEL) is an interesting play on green energy technologies but the Q4 results prove only one thing, the market for this technology is tenuous because the technology itself is still in development.

NASDAQ:FCEL
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Turbulent Times For Cal-Maine Foods 
December 29, 2021 4:10 AM ET

Turbulent Times For Cal-Maine Foods 

Thomas Hughes

Cal-Maine Foods (NASDAQ: CALM) had a good quarter and a bad quarter during the calendar 3rd quarter and it looks like the underlying trends will remain in place for at least the near to mid-term.

NASDAQ:CALM
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Insiders And Institutions Are Buying RF Industries 
December 29, 2021 4:05 AM ET

Insiders And Institutions Are Buying RF Industries 

Thomas Hughes

We already knew that RF Industries, Ltd (NASDAQ: RFIL) was well-positioned for today’s market. The company makes a wide range of RF connector and cable assembly components that are in high demand by telecoms, 5G, industrials, instrumentation, and military customers.

NASDAQ:RFIL
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Braze, Inc Is About To Blaze Higher 
December 29, 2021 2:00 AM ET

Braze, Inc Is About To Blaze Higher 

Thomas Hughes

Braze, Inc (NASDAQ: BRZE) IPOd in November to the same fanfare with which many of this year’s IPOs were faced. A lot of hype leading into the event and not a lot of bullish activity in its wake.

NASDAQ:BRZE
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Insider Selling In Nvidia Accelerates In Q4 
December 28, 2021 6:00 AM ET

Insider Selling In Nvidia Accelerates In Q4 

Thomas Hughes

At face value, insider selling in Nvidia (NASDAQ: NVDA) stock is raising a red flag. Insider selling accelerated over the course of the last 4 quarters reaching a peak in the Q4 or current period.

NASDAQ:NVDA
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The Most Upgraded Stock In December 2021? Marvell Technologies
December 28, 2021 6:00 AM ET

The Most Upgraded Stock In December 2021? Marvell Technologies

Thomas Hughes

Marvell Technologies (NASDAQ: MRVL) is well-positioned within a sector experiencing significant secular tailwinds. Marvell Technologies makes a wide range of analog, mixed-signal, stand-alone, and embedded integrated circuits used by businesses and industries worldwide.

NASDAQ:MRVL
Read The Most Upgraded Stock In December 2021? Marvell Technologies
Factset Research Systems, Going Parabolic And Gaining Momentum
December 27, 2021 9:00 AM ET

Factset Research Systems, Going Parabolic And Gaining Momentum

Thomas Hughes

Factset Research Systems (NYSE: FDS) has a strong fundamental story that is driving its share prices higher. Factset Research Systems also has a strong technical story that is pointing not only to higher highs but an acceleration of sentiment that could sustain this rally to another substantial double-digit gain in share prices. 

NYSE:FDS
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The Analysts Are Aggressively Neutral On General Mills 
December 27, 2021 8:00 AM ET

The Analysts Are Aggressively Neutral On General Mills 

Thomas Hughes

General Mills (NYSE: GIS) sparked a round of semi-bullish activity in the analysts despite a very mixed report. The company is experiencing better-than-expected revenue growth and is guiding the rest of the year higher but there are some concerns to be aware of.

NYSE:GIS
Read The Analysts Are Aggressively Neutral On General Mills 
Insider Buying Puts A Bottom In Enerpac Tool Group 
December 27, 2021 7:00 AM ET

Insider Buying Puts A Bottom In Enerpac Tool Group 

Thomas Hughes

Insider activity in shares of Enerpac Tool Group (NYSE: EPAC) has been sparse over the past 12 months but is no less important to price action today. While there has been only one insider trade in the last 12 months that trade was a purchase and one that appears to have put a bottom in the stock.

NYSE:EPAC
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B. Riley Reiterates Buy Rating On RF Industries 
December 23, 2021 10:00 AM ET

B. Riley Reiterates Buy Rating On RF Industries 

Thomas Hughes

RF Industries (NASDAQ: RFIL) is no high-flying stock with dozens of analysts touting its good fortunes but that does not mean it isn’t worthy of such praise. The company is a small but integral portion of the greater telecom/communications industries producing key RF and microwave compatible electronic connectors and components.

NASDAQ:RFIL
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Institutional Confidence In Carmax Remains High
December 23, 2021 6:00 AM ET

Institutional Confidence In Carmax Remains High

Thomas Hughes

Insiders were selling Carmax (NYSE: KMX) earlier this year but that activity has stopped. Insiders sold 925,010 shares during the first three quarters of the year but there has been no activity of record in the time since.

NYSE:KMX
Read Institutional Confidence In Carmax Remains High
Institutions Aren’t Bullish Enough On Paychex, Inc
December 22, 2021 8:00 AM ET

Institutions Aren’t Bullish Enough On Paychex, Inc

Thomas Hughes

Yes, the insiders have been selling some shares of Paychex, Inc (NASDAQ: PAYX) this year but it is nothing for investors to be worried about. If anything, insiders should have waited longer to do their selling, and, ultimately, their activity speaks volumes.

NASDAQ:PAYX
Read Institutions Aren’t Bullish Enough On Paychex, Inc
Cintas Is Ready For Another New All-Time High
December 22, 2021 6:00 AM ET

Cintas Is Ready For Another New All-Time High

Thomas Hughes

Cintas (NASDAQ: CTAS) is not immune to the impacts of inflation and supply chain issues but those issues are symptoms of an otherwise strong economy. An economy that is creating new jobs at a record pace, has employment at record levels and driving business for Cintas.

NASDAQ:CTAS
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Is The Bottom In For Calavo Growers?
December 22, 2021 5:00 AM ET

Is The Bottom In For Calavo Growers?

Thomas Hughes

Calavo Growers (NASDAQ: CVGW) has been struggling with market conditions, inflation, and COVID-19 all year but it looks like the company is starting to gain some traction. The company-wide rationalization of operations is helping to boost profitability at the same time market conditions began to improve

NASDAQ:CVGW
Read Is The Bottom In For Calavo Growers?