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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 103

High-Yield The Greenbrier Companies, Inc Pulls Into A Buying Opportunity
January 11, 2022 7:00 AM ET

High-Yield The Greenbrier Companies, Inc Pulls Into A Buying Opportunity

Thomas Hughes

The Greenbrier Companies, Inc (NYSE: GBX) has yet to recover its pre-pandemic revenue levels but the recovery is well underway. The company just reported the 4th consecutive quarter in which new orders outpaced deliveries and the backlog grew.

NYSE:GBX
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Acuity Brands Is Lighting Up Another Buying Opportunity 
January 11, 2022 6:05 AM ET

Acuity Brands Is Lighting Up Another Buying Opportunity 

Thomas Hughes

Acuity Brands, Inc.’s (NYSE: AYI) post-earnings release fall in share prices can only be viewed as a buying opportunity because this company is giving the market what it wants when few are able to do so. Acuity Brands is not only growing the top line but it is widening margins and growing the bottom line too,

NYSE:AYI
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PriceSmart, Inc Returns To A More Reasonable Valuation
January 11, 2022 4:15 AM ET

PriceSmart, Inc Returns To A More Reasonable Valuation

Thomas Hughes

PriceSmart (NASDAQ: PSMT) proved to be a real pandemic winner over the last two years but share prices got of control, at least in terms of the valuation. Now, after a prolonged 8-month sell-off, shares are more reasonably priced at 20X earnings and ready for a reversal.

NASDAQ:PSMT
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The Institutions To A Big Drink Of Constellation Brands In 2021
January 11, 2022 4:05 AM ET

The Institutions To A Big Drink Of Constellation Brands In 2021

Thomas Hughes

Constellation Brands, Inc (NYSE: STZ) share price fell in the wake of the Q3 earnings results but we view this as a buying opportunity in this stock. The results were better than expected and included upwardly revised guidance that has the analysts upping their price targets.

NYSE:STZ
Read The Institutions To A Big Drink Of Constellation Brands In 2021
Earnings Sparks Short-Covering In WD-40 Company 
January 10, 2022 4:05 AM ET

Earnings Sparks Short-Covering In WD-40 Company 

Thomas Hughes

WD-40 Company (NASDAQ: WDFC) produced a mixed FQ1/Calander Q1 but the results were strong enough to spark short-covering. With the short-interest sitting at over 12% coming into January there is quite a bit of fuel for this fire, enough perhaps to get this market back up to the all-time highs set in early 2021.

NASDAQ:WDFC
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Insiders And Institutions Signal A Change In Trend For Lamb Weston
January 7, 2022 6:00 AM ET

Insiders And Institutions Signal A Change In Trend For Lamb Weston

Thomas Hughes

We were expecting to see some fairly strong results from Lamb Weston (NASDAQ: LW) and we were not disappointed. The company is being supported by a robust rebound in the foodservice channel that is coupled with pricing increases and driving results above consensus.

NASDAQ:LW
Read Insiders And Institutions Signal A Change In Trend For Lamb Weston
Walgreens Boots Alliance Slips On Labor Cost Concerns 
January 7, 2022 4:00 AM ET

Walgreens Boots Alliance Slips On Labor Cost Concerns 

Thomas Hughes

Walgreen’s (NASDAQ: WBA) reported a great quarter in which it beat on the top and bottom lines, and raised guidance, and yet shares are falling. The market appears to have latched onto the company’s increase in labor-related spending, what Walgreen’s refers to as an investment in team members, and its potential impact on the bottom line. 

NASDAQ:WBA
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Helen Of Troy Falls Despite Strong Guidance 
January 7, 2022 4:00 AM ET

Helen Of Troy Falls Despite Strong Guidance 

Thomas Hughes

Helen Of Troy (NASDAQ: HELE) reported a truly astonishing quarter relative to the analyst’s estimates and has proven one thing if nothing else; the company is navigating the supply chain and inflationary headwinds with grace and style.

NASDAQ:HELE
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Institutions Quietly Scoop Up Shares Of Conagra 
January 6, 2022 6:00 AM ET

Institutions Quietly Scoop Up Shares Of Conagra 

Thomas Hughes

The insider and institutional activity in Conagra Brands (NYSE: CAG) have been mixed to be sure but the balance of activity is bullish. In regards to insiders, insiders were selling earlier in the year when shares prices were nearing long-term and all-time highs but that activity ceased at the end of Q2 and there has been virtually no activity in the time since.

NYSE:CAG
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Richardson Electronics Ups The Voltage On Growth 
January 6, 2022 1:00 AM ET

Richardson Electronics Ups The Voltage On Growth 

Thomas Hughes

Small-cap Richardson Electronics (NASDAQ: RELL) caught our attention last earnings cycle when it reported earnings. Strengthening trends across all end markets were driving results and indicated strength would continue in the current quarter.

NASDAQ:RELL
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Game-Changing News For Beyond Meat 
January 5, 2022 6:10 AM ET

Game-Changing News For Beyond Meat 

Thomas Hughes

Beyond Meat (NASDAQ: BYND) investors got some game-changing news when Yum! Brands KFC announced it was going nationwide with its meatless chicken product. The launch comes after two years of testing and a successful string of test launches in 2020 and 2021.

NASDAQ:BYND
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Undervalued Unifirst Corporation Pulls Back To Support
January 5, 2022 6:05 AM ET

Undervalued Unifirst Corporation Pulls Back To Support

Thomas Hughes

Anyone not expecting strong results from Unifirst Corporation (NYSE: UNF) isn’t paying attention to the labor market. While there are still lingering issues within the labor force, the labor market is strong and employment levels are back to their preCOVID levels.

NYSE:UNFNASDAQ:CTAS
Read Undervalued Unifirst Corporation Pulls Back To Support
Insider Activity In Garmin Speaks Volumes
January 5, 2022 4:15 AM ET

Insider Activity In Garmin Speaks Volumes

Thomas Hughes

The insider activity in shares of Garmin (NYSE: GRMN) speaks volumes, not for their frequency and size but for the lack of both. Insiders were selling early in the year, sales were made by a wide range of execs, board members, and large shareholders, but suddenly ceased in the 2nd half.

NASDAQ:GRMN
Read Insider Activity In Garmin Speaks Volumes
RPM International And The Two-Edged Sword Of Inflation 
January 5, 2022 4:10 AM ET

RPM International And The Two-Edged Sword Of Inflation 

Thomas Hughes

RPM International (NYSE: RPM) had a mixed quarter and one that reveals the two-edged sword of inflation. The company grew revenue and at a pace above consensus but the gains are more to do with pricing increases than anything else.

NYSE:RPM
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Two Health Care Stocks With Double-Digit Upside
January 5, 2022 2:00 AM ET

Two Health Care Stocks With Double-Digit Upside

Thomas Hughes

With the peak of Q4 earnings season just around the corner, the analyst’s activity is picking up. While healthcare activity is expected to face some near-term headwinds due to Omicron the long-term outlook is robust and garnering attention from analysts.

NYSE:BAXNYSE:LLY
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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
Read Insiders And Institutions Bet Big On Stitch Fix, Inc
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
Read Insiders Bet Big On Dick’s Sporting Goods 
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
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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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