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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 123

4 Reasons To Get Bullish On Oil And Energy Stocks
July 6, 2021 8:00 AM ET

4 Reasons To Get Bullish On Oil And Energy Stocks

Thomas Hughes

Four reasons why you should get bullish on oil.

NYSE:XOM
Read 4 Reasons To Get Bullish On Oil And Energy Stocks
The S&P 500 Are Approaching An Earnings Cliff
July 6, 2021 6:00 AM ET

The S&P 500 Are Approaching An Earnings Cliff

Thomas Hughes

With the S&P 500 (NYSEARCA: SPY) second-quarter earnings cycle already underway now is a good time to get a grip on what to expect during peak season.

NYSEARCA:SPY
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June EV Deliveries Move The Market
July 2, 2021 9:00 AM ET

June EV Deliveries Move The Market

Thomas Hughes

The world's major EV manufacturers just release their June delivery data and by all accounts the data is good. Signs within the industry show ramping production despite global chip shortages and the upgrades are already rolling in

NASDAQ:TSLANYSE:FNYSE:NIO
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Wait To Buy The Simply Good Foods Company
July 2, 2021 8:00 AM ET

Wait To Buy The Simply Good Foods Company

Thomas Hughes

The Simply Good Foods Company (NASDAQ: SMPL) has simply been a good investment for quite some time. The company's growth i's based on America's growing desire for healthier snacks and that story has been compounded by acquisitions and the pandemic.

NASDAQ:SMPL
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Is Highly Valued McCormick Still Worth Buying?
July 1, 2021 10:00 AM ET

Is Highly Valued McCormick Still Worth Buying?

Thomas Hughes

McCormick & Company, Incorporated (NYSE: MKC) is a strong company with strong results. Not only is the business supported by pandemically-inspired social distancing and eat-at-home trends but it is also well supported by the rapid reopening of eating-away-from-home establishments

NYSE:MKC
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Bassett Furniture Hits A Bottom, Bounces Higher
July 1, 2021 8:00 AM ET

Bassett Furniture Hits A Bottom, Bounces Higher

Thomas Hughes

The furniture industry, and Bassett Furniture (NASDAQ: BSET), are some of the more compelling stories that have emerged from the pandemic.

NASDAQ:BSET
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Walgreens Boots Alliance Lives Up To Expectations 
July 1, 2021 7:00 AM ET

Walgreens Boots Alliance Lives Up To Expectations 

Thomas Hughes

Walgreens Boots Alliance (NASDAQ: WBA) is one of our best picks for value-minded dividend growth investors for many reasons. To start, the company is deep into a global rationalization that has it back in growth mode and on track for double-digit gains in the coming year.

NASDAQ:WBA
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Constellation Brands Star Is Rising 
June 30, 2021 10:00 AM ET

Constellation Brands Star Is Rising 

Thomas Hughes

Like so many other investment stories in the market today, Constellation Brands (NYSE: STZ) is a multi-faceted one. On the one hand, we have a company that's working hard to optimize its portfolio and position for long-term growth while on the other we have one supported by secular trends and economic reopening.

NYSE:STZ
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Bed Bath & Beyond Transformation Gains Traction 
June 30, 2021 9:00 AM ET

Bed Bath & Beyond Transformation Gains Traction 

Thomas Hughes

Bed Bath & Beyond (NASDAQ: BBBY) has popped up on our radar more than once over the past year and for more reasons than one. At the core of the story is a nationwide rationalization of the company that has it repositioned for growth.

NASDAQ:BBBY
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Going Back To School With Barnes & Noble Education
June 30, 2021 7:00 AM ET

Going Back To School With Barnes & Noble Education

Thomas Hughes

The education industry, and Barnes & Noble Education (NYSE: BNED), have not had an easy time of it over the last year. The COVID-19 pandemic shut down not only the school systems but also extracurricular activities such as sports which provide a large portion of revenue for this company.

NYSE:BNED
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GreenPower Motor Company Is An EV Stock Worth Buying
June 30, 2021 4:24 AM ET

GreenPower Motor Company Is An EV Stock Worth Buying

Thomas Hughes

GreenPower Motor Company (NASDAQ: GP), as small as it is, has got something that most other EV startups don't have. The company has orders, production, deliveries, and more importantly, revenue and even positive earnings.

NASDAQ:GP
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Dual Narrative Enerpac Tool Group Moves Higher
June 29, 2021 8:00 AM ET

Dual Narrative Enerpac Tool Group Moves Higher

Thomas Hughes

Enerpac Tool Group (NYSE: EPAC) is fast becoming a dual narrative story. On the one hand, the company's business is accelerating on economic reopening and the resumption of projects and plans paused by the pandemic.

NYSE:EPAC
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FactSet Research Systems Pulls Back On Mixed Results
June 29, 2021 7:00 AM ET

FactSet Research Systems Pulls Back On Mixed Results

Thomas Hughes

FactSet Research Systems (NYSE: FDS) results over the past year proved the resiliency of the stock market if nothing else. The company provides all manner of research for investors both sell-side and buy-side and at no time did its revenue falter.

NYSE:FDS
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3 Upgrades In e-Commerce Moving The Market
June 29, 2021 3:00 AM ET

3 Upgrades In e-Commerce Moving The Market

Thomas Hughes

Just because eCommerce has fallen out of the media spotlight don't think it's not a driving force of the global economy. If nothing else, the COVID-19 pandemic proved without a doubt that we need not only the Internet but e-Commerce.

NYSE:BARKNASDAQ:DLONASDAQ:THRY
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CarMax Moves Higher After Reaffirming Targets
June 28, 2021 8:00 AM ET

CarMax Moves Higher After Reaffirming Targets

Thomas Hughes

CarMax (NYSE: KMX) is the leader in used car sales in the United States. It is by far the single largest dealer of pre-owned vehicles and plans to capture 5% of the used car market within the next couple of years.

NYSE:KMX
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Paychex Cashes In On Economic Reopening
June 28, 2021 7:00 AM ET

Paychex Cashes In On Economic Reopening

Thomas Hughes

Paychex (NASDAQ: PAYX) has been on our radar as a reopening play since the middle of last year. The entire labor market experienced a contraction that for labor market companies wasn’t nearly half as bad as it could have been

NASDAQ:PAYX
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FedEx Delivers A Buying Opportunity To Investors
June 25, 2021 6:00 AM ET

FedEx Delivers A Buying Opportunity To Investors

Thomas Hughes

Both FedEx  (NYSE: FDX) and Nike reported strong earnings this morning. The difference is that where Nike’s strength was not expected and drove shares higher, FedEx's strength was more or less expected by the market if not predicted by the consensus estimate and failed to spur bullish sentiment.

NYSE:FDX
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Nike Sprints Higher On Transformative Results
June 25, 2021 5:00 AM ET

Nike Sprints Higher On Transformative Results

Thomas Hughes

The Nike (NYSE: NKE) growth story is one that seems to have no end. Over the past year, the company has doubled down on a transformation of its business that includes a heavy focus on direct-to-consumer sales and e-commerce.

NYSE:NKE
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Rite Aid Q1 Results In A Bitter Pill For Investors
June 24, 2021 9:00 AM ET

Rite Aid Q1 Results In A Bitter Pill For Investors

Thomas Hughes

Rite Aid (NYSE: RAD) reported its fiscal Q1 results and shares are down 15% in the wake of it. At face value, the report looks good and the CEO appears optimistic, the problem lay in the guidance.

NYSE:RAD
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Steelcase, Inc Rebound Gains Momentum
June 24, 2021 7:00 AM ET

Steelcase, Inc Rebound Gains Momentum

Thomas Hughes

Steelcase's (NYSE: SCS) rebound has been slow to come but come it has and gaining momentum it is. The fiscal Q1 results we're lackluster but hide rapidly improving fundamentals that point to sequential growth, year-over-year growth

NYSE:SCS
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A Building Opportunity In KB Home
June 24, 2021 7:00 AM ET

A Building Opportunity In KB Home

Thomas Hughes

Shares of KB Home (NYSE: KBH) are down 6% in early trading because the company missed the consensus expectation for revenue. While we don't like to see a company miss the consensus expectation

NYSE:KBH
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The Analysts Buy Into These Top Brands
June 24, 2021 3:05 AM ET

The Analysts Buy Into These Top Brands

Thomas Hughes

These top brands are on track to beat their consensus targets for calendar Q2 revenue and earnings.

NYSE:MCDNYSE:UANYSE:VZ
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The Patterson Companies, Inc Goes On Sale
June 23, 2021 8:00 AM ET

The Patterson Companies, Inc Goes On Sale

Thomas Hughes

The Patterson Companies (NASDAQ: PDCO) emerged as a dual narrative story last fall. The combination of stay-at-home trends, trends within the pet care industry, and the slow resumption of elective medical services

NASDAQ:PDCO
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The 411 on IHS Markit? New Highs Are In Sight
June 23, 2021 6:00 AM ET

The 411 on IHS Markit? New Highs Are In Sight

Thomas Hughes

IHS Markit (NYSE: INFO) was not immune to the pandemic but, like so many others, it was able to weather the storm. Where business in one segment fell off it picked up in another, at least enough to sustain the company through the darkest days.

NYSE:INFO
Read The 411 on IHS Markit? New Highs Are In Sight