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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 120

Beware the Goldilocks Labor Data
June 4, 2021 8:00 AM ET

Beware the Goldilocks Labor Data

Thomas Hughes

The May non-farm payrolls number appears to be a Goldilocks figure but we’re not convinced. It's hot enough for the market to believe economic activity is accelerating yet not so hot as to force the FOMC's hand.

NYSEARCA:SPY
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3 Semiconductor Stocks Poised To Lead The Market
June 1, 2021 4:05 AM ET

3 Semiconductor Stocks Poised To Lead The Market

Thomas Hughes

The semiconductor industry is in the early stages of a multi-year growth spurt and these companies are poised to lead.

NASDAQ:AMBANASDAQ:AMDNASDAQ:NXPI
Read 3 Semiconductor Stocks Poised To Lead The Market
3 Headlines Moving EV Markets Today
June 1, 2021 4:00 AM ET

3 Headlines Moving EV Markets Today

Thomas Hughes

Consolidation within the EV industry will help drive these stocks to new highs.

NASDAQ:PLUGNASDAQ:ARVL
Read 3 Headlines Moving EV Markets Today
There Is Still Big Value In Big Lots For Dividend Investors
May 29, 2021 4:00 AM ET

There Is Still Big Value In Big Lots For Dividend Investors

Thomas Hughes

We are going to come right out and say it, Big Lots (NYSE: BIG) is such a deep value we are shocked that it is still trading at only 11 times its earnings.

NYSE:BIG
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Don't Rush To Buy Costco On Earnings Strength 
May 28, 2021 7:00 AM ET

Don't Rush To Buy Costco On Earnings Strength 

Thomas Hughes

Costco's 3rd quarter results may not be enough to move shares higher.

NYSE:COST
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Movado Group Incorporated Pulls Back After Robust Results
May 28, 2021 3:45 AM ET

Movado Group Incorporated Pulls Back After Robust Results

Thomas Hughes

We started to get interested in the Movado Group (NYSE: MOV) a few years ago. The company is a retailer of watches and other consumer discretionary items and its share price had been pulling back from a high.

NYSE:MOV
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A Game-Changing Quarter For Hibbett Sports 
May 27, 2021 11:00 PM ET

A Game-Changing Quarter For Hibbett Sports 

Thomas Hughes

Hibbett Sports (NASDAQ: HIBB) is a post-pandemic play on retail with a lot going for it. Not only is the company supported by COVID-inspired social distancing and outdoor activities, but it is also supported by the reopening as well.

NASDAQ:HIBB
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Williams-Sonoma Keeps On Winning
May 27, 2021 10:00 AM ET

Williams-Sonoma Keeps On Winning

Thomas Hughes

Williams-Sonoma (NYSE: WSM) may be one of the less visible winners of the pandemic but it is well-deserving of its top placement. The company's efforts to establish its brands and build out its e-commerce empire before the pandemic help to position it for the post-pandemic world

NYSE:WSM
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AutoZone Pulls Back Into Buying Opportunity
May 26, 2021 9:00 AM ET

AutoZone Pulls Back Into Buying Opportunity

Thomas Hughes

We have been consistent buyers of AutoZone (NYSE: AZO) throughout the pandemic. The company's exposure to both the OEM and aftermarket car industry Including the do-it-yourselfers and Commercial Auto Service makes it more than well exposed to the current economy.

NYSE:AZO
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Zscaler, Inc. Is Scaling The Wall Of Worry
May 26, 2021 7:00 AM ET

Zscaler, Inc. Is Scaling The Wall Of Worry

Thomas Hughes

Zscaler, Inc. (NASDAQ: ZS) emerged as a mega win in 2020. Its position as a cloud-based Internet Security provider made it a go-to company for businesses around the world.

Read Zscaler, Inc. Is Scaling The Wall Of Worry
V.F. Corporation Struggles For Traction
May 21, 2021 8:00 AM ET

V.F. Corporation Struggles For Traction

Thomas Hughes

We’ve like V.F. Corporation (NYSE: VFC) for a long time and not just as a reopening play. The company is a well-established, blue-chip name in consumer apparel with a nice dividend, a healthy portfolio of brands, and a growing direct-to-consumer business.

NYSE:VFC
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Palo Alto Networks Accelerates To New Highs 
May 21, 2021 7:00 AM ET

Palo Alto Networks Accelerates To New Highs 

Thomas Hughes

Palo Alto Networks (NYSE: PANW) is a poster-child for what has become our favorite theme in post-pandemic stocks. Companies like Palo Alto Networks had already been shifting, restructuring, refocusing, and reinvigorating their businesses

NYSE:PANW
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Petco Health And Wellness Company Pulls Back After Strong Quarter
May 20, 2021 11:00 AM ET

Petco Health And Wellness Company Pulls Back After Strong Quarter

Thomas Hughes

Petco Health (NASDAQ: WOOF) is not a new business but it is a new stock having IPO’d just 4 months ago. That said, it is one of the best-positioned petcare company’s on the market and offers incredibly diversified exposure to the industry.

NASDAQ:WOOF
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Foodservice Recovery Drives Hormel To New Highs
May 20, 2021 8:00 AM ET

Foodservice Recovery Drives Hormel To New Highs

Thomas Hughes

Hormel (NYSE: HRL) is the first of the major consumer staples company’s to report results reflecting the expected rebound in the hospitality sector.

NYSE:HRL
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Buy Shoe Carnival On Post-Earnings Weakness 
May 20, 2021 6:45 AM ET

Buy Shoe Carnival On Post-Earnings Weakness 

Thomas Hughes

Shoe Carnival (NASDAQ: SCVL) reported its Q1 report, sent shares into freefall and we can’t understand why. The company had a game-changing quarter that points to a sustained uptick in business, increased cash flow, growth, dividends

NASDAQ:SCVL
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Blowout Results May Not Sustain Target’s Rally 
May 19, 2021 10:00 AM ET

Blowout Results May Not Sustain Target’s Rally 

Thomas Hughes

Target (NYSE: TGT) has had a fantastic 2020/2021 months and for good reason. The company’s strategy had it aligned to meet consumer needs so when the pandemic struck Target was ready for business.

NYSE:TGT
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Don’t Rush To Buy Walmart, Extra Low Prices Are On The Way 
May 19, 2021 7:00 AM ET

Don’t Rush To Buy Walmart, Extra Low Prices Are On The Way 

Thomas Hughes

Walmart (NYSE: WMT) had a great quarter. The problem we have with the stock right now is akin to what we’re seeing in Home Depot and other big-name retailers.

NYSE:WMT
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The Container Store Has What Every Growth Stocks Needs 
May 19, 2021 7:00 AM ET

The Container Store Has What Every Growth Stocks Needs 

Thomas Hughes

The Container Store (NYSE: TCS) has what every growth stock needs and few have at this point in the market cycle: a very bright outlook. The company reported not only robust growth but growth above the consensus

NYSE:TCS
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Fisker Inc. Goes On Alert For Short-Squeeze Potential 
May 18, 2021 9:00 AM ET

Fisker Inc. Goes On Alert For Short-Squeeze Potential 

Thomas Hughes

Shares of Fisker are on the verge of a massive short-squeeze that could drive prices up by triple-digits.

NYSE:FSR
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Desktop Metal Is The Future Of Manufacturing, And A Deep Value
May 18, 2021 7:05 AM ET

Desktop Metal Is The Future Of Manufacturing, And A Deep Value

Thomas Hughes

We like Desktop Metal (NYSE: DM). The company is a leader in 3D printing with a focus on what they call Manufacturing 2.0. Manufacturing 2.0’s end goal is creating end-use parts with 3D printing technology from a wide variety of materials and at a low cost.

NYSE:DM
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Beware The Rebound In Home Depot 
May 18, 2021 7:00 AM ET

Beware The Rebound In Home Depot 

Thomas Hughes

Shares of Home Depot (NYSE: HD) are up nearly 3.0% in premarket trading because of a strong Q1 earnings report. The report beat the consensus in all metrics and reveals an acceleration of business if nothing else.

NYSE:HD
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4 EV Stocks With Sky High Short Interest 
May 18, 2021 4:00 AM ET

4 EV Stocks With Sky High Short Interest 

Thomas Hughes

With the entire EV market on the rocks these stocks look ripe for short-covering rallies and short-squeezes.

NYSE:GOEVNYSE:FSRNASDAQ:WKHS
Read 4 EV Stocks With Sky High Short Interest 
Two Niche Plays On EV To Put On Your Watchlist 
May 16, 2021 11:00 PM ET

Two Niche Plays On EV To Put On Your Watchlist 

Thomas Hughes

Looking for a niche opportunity in the high-growth EV industry then look no further than these two companies currently ramping production.

NYSE:LEVNASDAQ:LIU
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Freight Car America Gets Derailed
May 16, 2021 11:00 PM ET

Freight Car America Gets Derailed

Thomas Hughes

FreightCar America (NASDAQ: RAIL) has been working had on a transformation that is proving beneficial to the company. The problem is that Q1 results are far below expectations even with the weakly updated guidance and give little reason to own the stock

NASDAQ:RAIL
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