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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 110

Beware Insider Selling In LCI Industries 
November 3, 2021 3:00 AM ET

Beware Insider Selling In LCI Industries 

Thomas Hughes

LCI Industries (NASDAQ: LCII) is one of the best-positioned companies in the market today. The company makes OEM and after-market parts for the RV and adjacent industries and demand for products is robust.

Read Beware Insider Selling In LCI Industries 
Insider Selling In McKesson Corporation Nothing To Worry About 
November 2, 2021 8:00 AM ET

Insider Selling In McKesson Corporation Nothing To Worry About 

Thomas Hughes

Investors worried about insider selling of McKesson Corporation (NYSE: MCK) can lay those fears to rest. While insider selling of the sort seen over the last year isn’t necessarily a good thing for market confidence it doesn’t have the appearance of panic selling or impending doom.

NYSE:MCK
Read Insider Selling In McKesson Corporation Nothing To Worry About 
High-Yield The Williams Companies On Track For New Highs
November 2, 2021 8:00 AM ET

High-Yield The Williams Companies On Track For New Highs

Thomas Hughes

The Williams Companies (NYSE: WMB) have proved the U.S. midstream operators are not only immune to the global supply chain issues but benefiting from higher prices as well. The company reported record volume and contracted capacity for the fiscal 3rd quarter and sees demand holding strong for the foreseeable future.

NYSE:WMB
Read High-Yield The Williams Companies On Track For New Highs
The Clorox Company Disinfects Its Outlook 
November 2, 2021 5:00 AM ET

The Clorox Company Disinfects Its Outlook 

Thomas Hughes

The Clorox Company (NYSE: CLX) is a poster child for both the pandemic and post-pandemic worlds. The company saw a 500% increase in demand for its products that outpaced expectations during both the spike and decline that has shares trading at their lowest levels in nearly a year.

NYSE:CLX
Read The Clorox Company Disinfects Its Outlook 
ArcBest Corporation Delivers Results 
November 1, 2021 11:00 PM ET

ArcBest Corporation Delivers Results 

Thomas Hughes

Anyone surprised by ArcBest Corporation’s (NASDAQ: ARCB) Q3 results isn’t paying attention to the freight market. ArcBest Corporation operates as an integrated trucking outfit with specialization in LTL, supply-chain logistics, and intermodal shipping making it one of the best-positioned outfits in a high-demand industry.

NASDAQ:ARCB
Read ArcBest Corporation Delivers Results 
ON Semiconductors On Time With Q3 Results 
November 1, 2021 9:00 AM ET

ON Semiconductors On Time With Q3 Results 

Thomas Hughes

Shares of ON Semiconductors (NASDAQ: ON) are breaking out to new highs following the Q3 earnings report. The company, as an American-based manufacturer of semiconductor solutions, was expected to report strong numbers and it did.

NASDAQ:ON
Read ON Semiconductors On Time With Q3 Results 
It’s Time To Start Buying High-Yield Newell Brands 
November 1, 2021 8:00 AM ET

It’s Time To Start Buying High-Yield Newell Brands 

Thomas Hughes

Newell Brands (NASDAQ: NWL) caught the market’s attention when it released Q3 results. While results were mostly in-line with the market’s expectations details within the report including the guidance point to growing momentum.

NASDAQ:NWL
Read It’s Time To Start Buying High-Yield Newell Brands 
High Yielding AbbVie Is A Steal At This Price 
November 1, 2021 7:00 AM ET

High Yielding AbbVie Is A Steal At This Price 

Thomas Hughes

Shares of AbbVie (NYSE: ABBV) have been trading a discount to other stocks in the group and went on an even deeper discount over the past two months. A surprise warnings on the class of drugs to which Rinvoq belongs sent the market scurrying for cover but has proven to be a knee-jerk reaction to the news.

NYSE:ABBV
Read High Yielding AbbVie Is A Steal At This Price 
Tasty Treat Texas Roadhouse Slips On Mixed Results 
October 29, 2021 8:00 AM ET

Tasty Treat Texas Roadhouse Slips On Mixed Results 

Thomas Hughes

Shares of Texas Roadhouse (NASDAQ: TXRH) moved lower in the wake of the Q3 report but that was a knee-jerk reaction and a mistake, or, more to the point, an opportunity for us today.

NASDAQ:TXRH
Read Tasty Treat Texas Roadhouse Slips On Mixed Results 
A Cautious Outlook Drives Haverty Furniture Companies To New Lows
October 29, 2021 7:00 AM ET

A Cautious Outlook Drives Haverty Furniture Companies To New Lows

Thomas Hughes

Haverty Furniture Companies (NYSE: HVT) reported a fabulous 3rd quarter and gave a positive outlook for future results but there are three things weighing on the market. The first is that growth is slowing and that is never a good thing. The YOY revenue growth came in at a double-digit rate but the written sales are only up 2%.

NYSE:HVT
Read A Cautious Outlook Drives Haverty Furniture Companies To New Lows
3 Undervalued And Under-the-Radar Automotive Stocks
October 29, 2021 3:30 AM ET

3 Undervalued And Under-the-Radar Automotive Stocks

Thomas Hughes

The automotive industry is struggling with systemic issues but, by all accounts, still doing quite well. While the major OEMs are cutting back on production sales remain robust and the outlook for the industry is healthy.

NASDAQ:PATKNYSE:SMPNYSE:OSK
Read 3 Undervalued And Under-the-Radar Automotive Stocks
LTL Trucker Saia Hammers Down On Growth 
October 29, 2021 3:00 AM ET

LTL Trucker Saia Hammers Down On Growth 

Thomas Hughes

When Saia (NASDAQ: SAIA) decided to open a new terminal in Virginia the move was met with some criticism. Although demand within the industry is high and warrants such a move, ultra-tight labor conditions suggest it may be a bigger bite than the company can chew.

NASDAQ:SAIA
Read LTL Trucker Saia Hammers Down On Growth 
Ethan Allen Interiors Comfortably Navigates Supply Chain Hurdles
October 28, 2021 8:00 AM ET

Ethan Allen Interiors Comfortably Navigates Supply Chain Hurdles

Thomas Hughes

Ethan Allen Interiors (NYSE: ETD) is one of the best-positioned companies in an industry well-positioned for the current environment. Not only does the company manufacture furniture, one of the highest-demand retail categories today, but it also manufactures 75% of its product in US workshops.

NYSE:ETD
Read Ethan Allen Interiors Comfortably Navigates Supply Chain Hurdles
KLA Corporation Is On Watch For A Major Breakout
October 28, 2021 8:00 AM ET

KLA Corporation Is On Watch For A Major Breakout

Thomas Hughes

KLA Corporation (NASDAQ: KLAC) is fundamental to the microchip industry and seeing a robust business because of the high demand. Not only are manufacturers ramping production but they are expanding and investing in next-generation technologies that promise to bring the full power of 5G to our fingertips.

NASDAQ:KLAC
Read KLA Corporation Is On Watch For A Major Breakout
McDonald’s Proves Bigger Is Better
October 28, 2021 4:30 AM ET

McDonald’s Proves Bigger Is Better

Thomas Hughes

Given the state of today’s labor market, it is truly surprising to see McDonald’s (NYSE: MCD) not only meet the consensus estimates for revenue but blow right through them. The company is a testament to the idea that bigger is better as it has been able to overcome widespread store closings, cut back hours, and the reduction or elimination of in-store dining.

NYSE:MCD
Read McDonald’s Proves Bigger Is Better
3 Tech Stocks That Wowed The Analysts 
October 28, 2021 3:30 AM ET

3 Tech Stocks That Wowed The Analysts 

Thomas Hughes

Big tech started reporting earnings this week and so far the best word to describe the results is “blowout”. Not only are COVID-19 tailwinds still blowing but secular trends in tech remain strong.

NASDAQ:MSFTNASDAQ:AMDNASDAQ:GOOG
Read 3 Tech Stocks That Wowed The Analysts 
Kraft-Heinz Confirms Reversal 
October 27, 2021 9:00 AM ET

Kraft-Heinz Confirms Reversal 

Thomas Hughes

When we say that Kraft-Heinz (NASDAQ: KHC) is confirming a reversal we don’t mean the near-term reversal or not just the near-term reversal. The Q3 results confirmed an investment thesis we’ve been tracking for the last few years and has the stock on track for a major upward movement in prices.

NASDAQ:KHC
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Nothing Wrong With ADP’s Business 
October 27, 2021 9:00 AM ET

Nothing Wrong With ADP’s Business 

Thomas Hughes

ADP (NASDAQ: ADP) gives evidence that the phrase “headwinds within the economy” has a different meaning from business to business. While the bulk of S&P 500 companies are exposed to shipping, freight, and materials costs business services companies like ADP are not.

NASDAQ:ADP
Read Nothing Wrong With ADP’s Business 
Logitech Is Still A Logical Choice For Dividend-Growth Portfolios 
October 27, 2021 8:00 AM ET

Logitech Is Still A Logical Choice For Dividend-Growth Portfolios 

Thomas Hughes

Logitech (NASDAQ: LOGI) is one of the more appealing post-pandemic plays to us for many reasons. Not only is the company benefiting from COVID-related trends but it is also benefiting from strong secular trends, sustaining YOY growth in the face of double-digit comp, paying a very safe dividend, and investing in the future.

NASDAQ:LOGI
Read Logitech Is Still A Logical Choice For Dividend-Growth Portfolios 
Buy The Dip In Simpson Manufacturing 
October 27, 2021 6:00 AM ET

Buy The Dip In Simpson Manufacturing 

Thomas Hughes

Shares of Simpson Manufacturing fell hard in the wake of Q3 earnings but not for the right reasons. It would be one thing if the company’s business was flagging, or if demand was failing, but it’s not.

NYSE:SSD
Read Buy The Dip In Simpson Manufacturing 
Sherwin-Williams Breaks Out To New Highs
October 27, 2021 4:11 AM ET

Sherwin-Williams Breaks Out To New Highs

Thomas Hughes

Sherwin-Williams (NYSE: SHW) share prices are moving sharply higher despite a lackluster Q3 earnings report and guidance and the reason is simple. The mixed results were expected given similar performances from competitors PPG Industries and RPM International and, given the state of the global supply chain, better than they could have been.

NYSE:SHW
Read Sherwin-Williams Breaks Out To New Highs
High Demand A Good Problem For Packaging Corporation Of America 
October 26, 2021 6:35 AM ET

High Demand A Good Problem For Packaging Corporation Of America 

Thomas Hughes

Packaging Corporation of America (NYSE: PKG) is not immune to the effects of the global supply chain disruptions but it is navigating the environment well. The company reported significant hurdles to revenue and earnings in the form of freight availability and cost, labor costs, and input costs but was able to more than make up the difference.

NYSE:PKG
Read High Demand A Good Problem For Packaging Corporation Of America 
Flexsteel Is Flexing Its Muscles, Again
October 26, 2021 6:10 AM ET

Flexsteel Is Flexing Its Muscles, Again

Thomas Hughes

Flexsteel (NASDAQ: FLXS) and the rest of the furniture industry have been working hard to improve their supply chains. That’s not a surprise, the world is struggling with supply chain issues right now, but you may be surprised to know this has been going on for years.

NASDAQ:FLXS
Read Flexsteel Is Flexing Its Muscles, Again
High-Yield Dividend King Kimberly-Clark Is On Sale 
October 26, 2021 3:34 AM ET

High-Yield Dividend King Kimberly-Clark Is On Sale 

Thomas Hughes

Kimberly-Clark (NYSE: KMB) didn’t have a good or a bad quarter, just one that highlights issues that are building within the market. The number one is inflation.

NYSE:KMB
Read High-Yield Dividend King Kimberly-Clark Is On Sale