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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 123

UnitedHealth Group Rockets To New High
April 16, 2021 3:00 AM ET

UnitedHealth Group Rockets To New High

Thomas Hughes

Let's face it, the healthcare industry is growing and supported by government policy and that's why UnitedHealth Group (NYSE: UNH) is moving higher. Shares of UnitedHealth are moving up to a new all-time on better than expected results and raised guidance.

NYSE:UNH
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J.B. Hunt Transport Services Is Driving To New All-Time Highs
April 15, 2021 11:00 PM ET

J.B. Hunt Transport Services Is Driving To New All-Time Highs

Thomas Hughes

The J.B. Hunt Transportation Services (NASDAQ: JBHT) Q1 results prove the rebound in trucking is on. The industry has been in high demand over the last year but struggled to gain momentum until only very recently.

NASDAQ:JBHT
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It’s Time To Make A Play On Oil 
April 15, 2021 4:05 AM ET

It’s Time To Make A Play On Oil 

Thomas Hughes

Based on the data it sure looks like oil prices are about to move higher. Not only is the world demand picture brightening but production has yet to pick up. The latest inventory data from EIA underscores this statement as it shows not only an acceleration of weekly drawdowns but a continuation of the trend of weaker than expected data. 

NYSE:XOMNYSEARCA:XLE
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Labor Is Leading This Market Higher
April 14, 2021 11:00 PM ET

Labor Is Leading This Market Higher

Thomas Hughes

This market is due for a correction but the timing, depth, and duration are questionable. In our view, a correction, if it comes, will set up the next truly great buying opportunity

NYSEARCA:SPY
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The Lovesac Hyper-Growth Story Hits New High 
April 13, 2021 11:00 PM ET

The Lovesac Hyper-Growth Story Hits New High 

Thomas Hughes

Shares of Lovesac are down following blowout results that point to solid growth in the year ahead and set up a buying opportunity for savvy investors.

NASDAQ:LOVE
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Fastenal Is Why You Should Be Worried About The Broad Market
April 12, 2021 11:00 PM ET

Fastenal Is Why You Should Be Worried About The Broad Market

Thomas Hughes

Fastenal (NASDAQ: FAST) reported a decent FQ1 but the report is a great example of what we have begun to fear in the market. The results were completely as expected,  margins are under pressure, and costs are rising throughout the supply chain.

NASDAQ:FAST
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China's EV Market Ready To Charge Higher
April 11, 2021 11:00 PM ET

China's EV Market Ready To Charge Higher

Thomas Hughes

The latest data out of China shows that not only is China's auto market back to pre-pandemic levels but the EV market continues to take share. Data from China's Passenger Car Association show sales of passenger vehicles in the nation grew 70% in the first quarter

NYSE:NIO
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3 Sectors To Buy When The Market Pulls Back 
April 9, 2021 3:30 AM ET

3 Sectors To Buy When The Market Pulls Back 

Thomas Hughes

It’s been only a month since the S&P 500's last 5% correction and 5 months since the last 10% correction but we think another is on the way. Not because of any underlying weakness in the market but because of frothiness

NYSE:HVTNYSE:WSMNYSE:HD
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Levi Strauss & Co Is A Good Fit For Dividend-Growth Investors
April 8, 2021 11:00 PM ET

Levi Strauss & Co Is A Good Fit For Dividend-Growth Investors

Thomas Hughes

Levi Strauss & Co (NYSE: LEVI) caught our eye in the early spring of 2020 and has since outlived our expectations. The company represents what to us is the next generation of iconic American retailers,

NYSE:LEVI
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WD-40 Company In Tight Spot After FQ2 Results 
April 8, 2021 11:00 PM ET

WD-40 Company In Tight Spot After FQ2 Results 

Thomas Hughes

Shares of WD-40 Company (NASDAQ: WDFC) are down 15% in the wake of the Q2 results opening up a deep discount into a post-pandemic, economic-reopening winner.

NASDAQ:WDFC
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Lamb Weston Patiently Waiting For Reopening Surge
April 8, 2021 4:05 AM ET

Lamb Weston Patiently Waiting For Reopening Surge

Thomas Hughes

Lamb Weston (NYSE: LW) is among the very few consumer staples companies that have not had a fantastic post-COVID experience. The company, hampered by its exposure to restaurants and hospitality, saw its revenue drop sharply in the fiscal Q4 period of 2020

NYSE:LW
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Constellation Brands Down 5% On Better Than Expected Results
April 7, 2021 11:00 PM ET

Constellation Brands Down 5% On Better Than Expected Results

Thomas Hughes

Constellation Brands (NYSE: STZ) shares are down 5.0% in early action after posting a better-than-expected quarter. The catch is that results are better than the broad consensus of analysts, a consensus that has trailed reality as it has with so many other stocks in the market today.

NYSE:STZ
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Conagra Brands Will Sustain Growth This Year And Next
April 7, 2021 11:00 PM ET

Conagra Brands Will Sustain Growth This Year And Next

Thomas Hughes

Shares of Conagra Brands (NYSE: CAG) are holding steady in pre-market action following the release of FQ3/CQ1 results. The company reports a solid quarter and gave updated guidance that takes a certain point of view to fully appreciate.

NYSE:CAG
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RPM International Is Geared For Growth
April 6, 2021 11:00 PM ET

RPM International Is Geared For Growth

Thomas Hughes

Shares of RPM International are down following the Q2 earnings report but we expect this high-quality dividend growth stock to begin moving higher very soon.

NYSE:RPM
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Smart Global Holdings Business Acceleration Is Underway 
April 6, 2021 11:00 PM ET

Smart Global Holdings Business Acceleration Is Underway 

Thomas Hughes

Smart Global Holdings beat on the top and bottom line and provided blow-out guidance that points to rising share prices over teh short, mid and long-term.

NASDAQ:SGH
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3 Undervalued And High-Yielding Consumer Staples Stocks 
April 5, 2021 11:00 PM ET

3 Undervalued And High-Yielding Consumer Staples Stocks 

Thomas Hughes

The consumer staples sector is among our top picks for dividend-growth investing but it pays to be choosy, here are three picks with value, growth, and yield.

NASDAQ:KHCNYSE:KNYSE:CAG
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Paychex Is Set Up For Robust Growth In Calander 2021
April 5, 2021 11:00 PM ET

Paychex Is Set Up For Robust Growth In Calander 2021

Thomas Hughes

Considering the strength of the March NFP report we really thought Paychex (NASDAQ: PAYX) would have reported a better quarter. In hindsight, though, that expectation was misplaced because the Paychex Q3 period ended in February

NASDAQ:PAYX
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Undervalued Spectrum Brands Moves Higher After Upgrade
April 5, 2021 11:00 PM ET

Undervalued Spectrum Brands Moves Higher After Upgrade

Thomas Hughes

Shares of undervalued consumer staples stock Spectrum Brands are moving higher following an upgrade, read on to find out how high they will go.

NYSE:SPB
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3 Upgrades Moving Markets Ahead Of Q1 Earnings 
April 4, 2021 11:00 PM ET

3 Upgrades Moving Markets Ahead Of Q1 Earnings 

Thomas Hughes

What’s more, with the outlook for Q2 and Q3 on the rise this situation could linger well into the second half of the year if not beyond and lead the market higher the entire time. 

NYSE:JBLUNYSEARVA:XLFNYSE:RBLX
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3 Headlines Moving The EV Market Today
April 4, 2021 11:00 PM ET

3 Headlines Moving The EV Market Today

Thomas Hughes

In our view, as aggressive as the estimates are, a 40% to 50% CAGR for the EV industry may be the benchmark for growth over the next two decades and not the ceiling.  Today's news includes three headlines that have markets moving, headlines that represent opportunities for EV investors. 

NYSE:GMNYSE:FNASDAQ:TSLA
Read 3 Headlines Moving The EV Market Today
3 Cannabis Penny Stocks To Buy Now 
April 2, 2021 3:30 AM ET

3 Cannabis Penny Stocks To Buy Now 

Thomas Hughes

Today’s lineup up of cannabis penny stocks includes not one but three stocks on track to grow in 2021 or that are already growing and producing profits. 

OTCMKTS:VVCIFOTCMKTS:SPRWFOTCMKTS:VRNDF
Read 3 Cannabis Penny Stocks To Buy Now 
Six (6) Reasons Why Bitcoin Will Hit $90,000 This Year 
April 1, 2021 4:05 AM ET

Six (6) Reasons Why Bitcoin Will Hit $90,000 This Year 

Thomas Hughes

Here are six more reasons why BTC is going to keep moving higher and where we think it is heading.

Read Six (6) Reasons Why Bitcoin Will Hit $90,000 This Year 
Carmax Growth Is Priced In, Shares Fall After Q4 Release 
March 31, 2021 11:00 PM ET

Carmax Growth Is Priced In, Shares Fall After Q4 Release 

Thomas Hughes

Carmax (NYSE:KMX) reported its Q4 earnings and confirmed a situation we’ve been monitoring closely. The report was good enough but failed to do one thing. The report failed to impress the market,

NYSE:KMX
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Micron Technologies Surges On Record Auto, Mobile Sales 
March 31, 2021 11:00 PM ET

Micron Technologies Surges On Record Auto, Mobile Sales 

Thomas Hughes

Shares of Micron Technologies are heading to a new all-time high after reporting 2Q results and guiding the market higher.

NASDAQ:MU
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