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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 107

Tyson Foods Is A Hedge Against Inflation? 
November 15, 2021 8:00 AM ET

Tyson Foods Is A Hedge Against Inflation? 

Thomas Hughes

As surprising as it may sound, Tyson Foods (NYSE: TSN) may be a hedge against the rising tide of consumer inflation. Call it a stretch, but the company is part of the infrastructure of American food and thereby qualifies as a real asset, at least to some degree.

NYSE:TSN
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Is It Time To Take A Ride With Lordstown Motors? 
November 12, 2021 8:00 AM ET

Is It Time To Take A Ride With Lordstown Motors? 

Thomas Hughes

No, Lordstown Motors (NASDAQ: RIDE) did not begin production of the Endurance yet but it is well on track to do so. No, the big news with Lordstown Motors is that is reached a definitive agreement with Foxconn for the production of the Endurance.

NASDAQ:RIDE
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Insiders May Cap Gains In Blink Charging Co. 
November 12, 2021 7:00 AM ET

Insiders May Cap Gains In Blink Charging Co. 

Thomas Hughes

After careful review of Blink Charging Co.’s (NASDAQ: BLNK) insider activity, we have come to the conclusion that insider selling capped gains earlier this year and may do so again. But there’s a caveat here. Insider selling isn’t the bad news that it could be and there are still big gains to be made.

NASDAQ:BLNK
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Big Gains Are Brewing For Dutch Bros Inc. 
November 12, 2021 2:30 AM ET

Big Gains Are Brewing For Dutch Bros Inc. 

Thomas Hughes

Dutch Bros Inc. (NYSE: BROS) caught our attention shortly after the IPO. The company operates a growing chain of coffee and specialty-drink establishments with a focus on drive-through capability.

NYSE:BROS
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Cricut Crafted Another Great Quarter 
November 12, 2021 2:00 AM ET

Cricut Crafted Another Great Quarter 

Thomas Hughes

Crafting king Cricut (NASDAQ: CRCT) came out of the gate strong following its IPO but growth appears to be slowing. The company reported a very good quarter but one in which growth slowed from high to low double-digits.

NASDAQ:CRCT
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Brooks Automation, Inc. Automates Another Buying Opportunity 
November 11, 2021 9:00 AM ET

Brooks Automation, Inc. Automates Another Buying Opportunity 

Thomas Hughes

Brooks Automation (NASDAQ: BRKS) released its FQ4 results and sparked a 5% decline in share prices. That move, as it turns out, is more a knee-jerk reaction to the news than anything else. The company reported some deeply disturbing figures, disturbing that is until you realize most of them are an apples-to-oranges comparison.

NASDAAQ:BRKS
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Is Red Robin Gourmet Burgers About To Fly?
November 11, 2021 8:00 AM ET

Is Red Robin Gourmet Burgers About To Fly?

Thomas Hughes

Red Robin Gourmet Burgers (NASDAQ: RRGB) is working on a plan for growth. The company is investing heavily in its staff, a key component for operations, setting it up to outperform in future quarters.

NASDAQ:RRGB
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Insider Selling Is Not What’s Wrong With Shares Of Wolverine Worldwide
November 11, 2021 6:00 AM ET

Insider Selling Is Not What’s Wrong With Shares Of Wolverine Worldwide

Thomas Hughes

Shares of Wolverine Worldwide (NYSE: WWW) plunged more than 10% this week but, for those of you turning to the insider selling data, it is not insider selling that is the problem. While insiders have shed nearly $3.0 million worth of their shares in 20 transactions over the past year it is the results and outlook that are weighing on shares.

NYSE:WWW
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Coinbase Slips Into A Buying Opportunity 
November 11, 2021 3:00 AM ET

Coinbase Slips Into A Buying Opportunity 

Thomas Hughes

The biggest takeaway from Coinbase’s (NASDAQ: COIN) results is that falling cryptocurrency prices cut into the results. Our reaction to that was, “have you seen cryptocurrency prices today?”, meaning the market has come back and come back strongly.

NASDAQ:COIN
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Capitulation In Wendy’s Market After Q3 Results 
November 11, 2021 2:00 AM ET

Capitulation In Wendy’s Market After Q3 Results 

Thomas Hughes

The market in The Wendy’s Corporation (NASDAQ: WEN) had been trying to push the share prices higher for the last couple of months but couldn’t make it happen. There was a high level of expectation built into the stock but lingering resistance related to last summer’s meme-stock rally and crash kept the market range bound.

NASDAQ:WEN
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Kandi Technologies Electrifies Scooter Market 
November 10, 2021 9:00 AM ET

Kandi Technologies Electrifies Scooter Market 

Thomas Hughes

Kandi Technologies (NASDAQ: KNDI) is an interesting play on the EV market for a number of reasons. The company manufactures and distributes a variety of parts and specialty vehicles for the EV market, notably self-balancing scooters.

NASDAQ:KNDI
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Insider Selling No Hurdle For DoorDash, Inc 
November 10, 2021 8:00 AM ET

Insider Selling No Hurdle For DoorDash, Inc 

Thomas Hughes

There have been massive amounts of insider selling of DoorDash (NYSE: DASH) stock over the past 12 months but it has proven to be no hurdle for share prices. Despite broad-based selling among insiders and large shareholders, the stock is up by double-digits on what the market views as transformative news.

NYSE:DASH
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The Tide Is Turning For High-Yielding Cardinal Health
November 10, 2021 4:16 AM ET

The Tide Is Turning For High-Yielding Cardinal Health

Thomas Hughes

We’ve liked Cardinal Health (NYSE: CAH) for a long time. The company is a middleman for pharmacy and medical products of all manner and well-positioned in an industry growing in both patient count and dollar spent per patient.

NYSE:CAH
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Not So Good News For Zynga Shareholders 
November 10, 2021 2:30 AM ET

Not So Good News For Zynga Shareholders 

Thomas Hughes

Zynga (NASDAQ: ZNGA) reported a good quarter but not quite good enough to really get shares moving. The company is growing but growth appears to be slowing and beginning to be eclipsed by the new kid on the block.

NASDAQ:ZNGA
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D.R. Horton Exceeds All Expectations
November 9, 2021 10:00 AM ET

D.R. Horton Exceeds All Expectations

Thomas Hughes

D.R.Horton (NYSE: DHI) exceeded all expectations and that is saying something, we’ve had high expectations for the company and the industry for some time. The housing industry is in a golden age only marred by a shortage of workers and rising costs for materials.

NYSE:DHI
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Roblox Rules The Metaverse, For Now At Least 
November 9, 2021 7:00 AM ET

Roblox Rules The Metaverse, For Now At Least 

Thomas Hughes

Roblox’s (NYSE: RBLX) Q3 results prove that it rules the metaverse, at least for now. Up and comer Meta, formerly Facebook will surely give the company a run for its money but that’s still to come.

NYSE:RIBLX
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Freshpet, Inc Has Problems You Want To Own 
November 9, 2021 7:00 AM ET

Freshpet, Inc Has Problems You Want To Own 

Thomas Hughes

Freshpet, Inc (NASDAQ: FRPT) has problems but they are, ultimately, good problems to have. To start, demand for the product is so high the company literally can not keep up with it.

NASDAQ:FRPT
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Two Leisure Stocks You Shouldn’t Wait To Buy
November 9, 2021 4:30 AM ET

Two Leisure Stocks You Shouldn’t Wait To Buy

Thomas Hughes

With international travel restrictions lifting around the globe demand for travel and leisure services is on the rise. Today we’re highlighting two stocks the analysts are upgrading that we see moving higher.

NASDAQ:EXPE
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Drive Shack Crushes With New Concept
November 8, 2021 11:00 PM ET

Drive Shack Crushes With New Concept

Thomas Hughes

The pandemic put a tailwind into the golfing industry and Drive Shack (NYSE: DS) but that’s not what has us excited now. The company recently launched a new concept called Puttery that we see driving this company to new highs.

NYSE:DS
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Canada Goose Is Migrating Higher 
November 8, 2021 8:00 AM ET

Canada Goose Is Migrating Higher 

Thomas Hughes

Shares of Canada Goose (NYSE: GOOS) are migrating higher in the wake of Q2 earnings because the company was able to deliver results. Not only that, the company is citing its supply chain as a factor that is not the norm in this reporting cycle. The best news, however, is the outlook.

NYSE:GOOS
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DraftKings Is Down But Not Out 
November 8, 2021 7:00 AM ET

DraftKings Is Down But Not Out 

Thomas Hughes

Shares of DraftKings (NASDAQ: DKNG) took a big hit last week when the company reported earnings but it is a classic knee-jerk reaction to some news that we see opening up a buying opportunity.

NASDAQ:DKNG
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Insiders Take Profits In Carvana 
November 5, 2021 8:00 AM ET

Insiders Take Profits In Carvana 

Thomas Hughes

Insiders at Carvana (NYSE: CVNA) have been selling some shares over the past year but don’t worry. The sales are, for the most part, regular sales by company execs and large shareholders trimming some of their profits.

NYSE:CVNA
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Profitability For Canopy Growth Company Goes Up In Smoke 
November 5, 2021 8:00 AM ET

Profitability For Canopy Growth Company Goes Up In Smoke 

Thomas Hughes

We’ve had very high hopes for the cannabis market and Canopy Growth Corporation (NASDAQ: CGC), no pun intended, but those hopes appear to be dashed.

NASDAQ:CGC
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Wayfair’s Pandemic Tailwind Is Gone 
November 5, 2021 4:00 AM ET

Wayfair’s Pandemic Tailwind Is Gone 

Thomas Hughes

Wayfair (NYSE: W) was among the most perfectly positioned company’s when it comes to the pandemic. Not only is it a specialist in home furnishings and decor but it is a pure-play on eCommerce as well.

NYSE:W
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