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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 104

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
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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
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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
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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
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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
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Another Double-Digit Rally In Store For KLA Corporation
December 22, 2021 3:00 AM ET

Another Double-Digit Rally In Store For KLA Corporation

Thomas Hughes

KLA Corporation (NASDAQ: KLAC) is riding high on a wave of business and analysts upgrades that we don’t see ending until 2023 at the earliest. The demand for semiconductors is so huge it is driving demand for the semiconductor fabrication and manufacturing equipment sold by KLA Corporation.

NASDAQ:KLAC
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Institutions And Buybacks Support Nike Uptrend 
December 22, 2021 2:00 AM ET

Institutions And Buybacks Support Nike Uptrend 

Thomas Hughes

Insiders have been selling their shares of Nike (NYSE: NKE) this year but it’s nothing to be worried about. The selling is worth about 0.1% of the shares outstanding and nothing compared to what the institutions have been doing.

NYSE:NKE
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Institutions Are Buying Steelcase 
December 21, 2021 4:25 AM ET

Institutions Are Buying Steelcase 

Thomas Hughes

Institutions have been scooping up shares of institutional furniture-maker Steelcase (NYSE: SCS) all year. The institutional activity is marked by rotation into and out of the stock but has been net-positive for each of the last 6 consecutive quarters.

NYSE:SCS
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Upgrades Are Driving CVS Health And Eli Lilly Higher 
December 21, 2021 4:20 AM ET

Upgrades Are Driving CVS Health And Eli Lilly Higher 

Thomas Hughes

It’s never a good idea to make an investment decision based on a single analyst’s opinion and that is true for both CVS Health (NYSE: CVS) and Eli Lilly (NYSE: LLY). While we don’t like to follow the leader into stock, when we like a stock and the analyst’s community is getting bullish too the potential for gains is much bigger.

NYSE:CVSNYSE:LLY
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Will Expensify Get Even Cheaper To Buy? 
December 20, 2021 6:05 AM ET

Will Expensify Get Even Cheaper To Buy? 

Thomas Hughes

Expensify (NASDAQ: EXFY) caught our attention when it emerged from its post-IPO quiet period. A handful of name-brand sell-side analysts came out in support of the company with a consensus price target that implied more than 30% of upside for the stock.

NASDAQ:EXFY
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Institutional Buying Supports Adobe Price Action 
December 20, 2021 4:10 AM ET

Institutional Buying Supports Adobe Price Action 

Thomas Hughes

Insiders were selling Adobe (NASDAQ: ADBE) ahead of the Q4 earnings report but it is nothing to be worried about. The selling amounts to a mere $97.75 million, less than 0.03% of the current market cap, and there are no red flags to speak of.

NASDAQ:ADBE
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Worthington Industries, Inc Overcomes Inflation Headwind 
December 17, 2021 5:00 AM ET

Worthington Industries, Inc Overcomes Inflation Headwind 

Thomas Hughes

Worthington Industries (NYSE: WOR) is well-positioned for the current market as the marker of specialty steel products for a wide range of businesses and applications. The company is benefiting not only from demand but from rising prices for steel that are juicing the top and bottom-line results.

NYSE:WOR
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Institutions Buy Darden Restaurants, Inc Ahead Of Earnings 
December 17, 2021 4:05 AM ET

Institutions Buy Darden Restaurants, Inc Ahead Of Earnings 

Thomas Hughes

Insider selling in Darden Restaurants (NYSE: DRI) has been heavy all year but slowed dramatically during the 4th quarter. Total selling to date is worth $49 million or about 341,800 shares and is split among a number of senior VPs, the COO, CEO, a director, and a number of large shareholders.

NYSE:DRI
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Accenture Accelerates Growth Again, Shares Pop
December 17, 2021 4:00 AM ET

Accenture Accelerates Growth Again, Shares Pop

Thomas Hughes

Accenture’s (NYSE: ACN) decision to focus on digital, the cloud, and security was the right move at the right time. Now, several years later, the company is not only growing but seeing its growth accelerate on a sustained basis as businesses flood to the cloud.

NYSE:ACN
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