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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 124

3 High-Profile Tech Upgrades Moving The Market Now
June 23, 2021 5:00 AM ET

3 High-Profile Tech Upgrades Moving The Market Now

Thomas Hughes

Secular tailwinds are driving the entire tech sector to new highs. It doesn't matter where you look, but rising demand and low inventories are bringing on a new age for the entire industry. Simply starting with shortages in the chips sector, the ramp in production will provide an opportunity for the tech companies to improve and enhance their offerings

NASDAQ:NVDANYSE:CHPTNASDAQ:CRWD
Read 3 High-Profile Tech Upgrades Moving The Market Now
Korn Ferry Goes On Break-Out Alert
June 22, 2021 7:00 AM ET

Korn Ferry Goes On Break-Out Alert

Thomas Hughes

The fiscal Q4 results from Korn Ferry (NYSE: KFY) prove the health of the labor market even if the data doesn't. Not to say the data doesn't show strong labor market conditions, only that there are a large number of lingering unemployed persons in a market apparently flush with positions.

NYSE:KFY
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North American Construction Group Is A Real Asset In Times Like These
June 22, 2021 4:00 AM ET

North American Construction Group Is A Real Asset In Times Like These

Thomas Hughes

With inflation on the rise and questions about what to do next in the air, it's time once again to turn towards real assets like North American Construction Group (NYSE: NOA).

NYSE:NOA
Read North American Construction Group Is A Real Asset In Times Like These
Plug Power Charges Higher On Expansion Plans
June 21, 2021 11:00 PM ET

Plug Power Charges Higher On Expansion Plans

Thomas Hughes

Plug Power (NASDAQ: PLUG) just reported its fiscal Q1 results reaffirming its position as the leader in hydrogen fuel cell technology. While most of the market has been focused on electrification

NASDAQ:PLUG
Read Plug Power Charges Higher On Expansion Plans
The Hershey Company A Favorite But Wait To Buy More 
June 21, 2021 9:00 AM ET

The Hershey Company A Favorite But Wait To Buy More 

Thomas Hughes

Evercore ISI just released a note on consumer staples The Hershey Company (NYSE: HSY). Amongst a host of consumer staples companies with ever-improving fundamentals, Evercore says Hershey's gives the best execution and visibility for the sector.

NYSE:HSY
Read The Hershey Company A Favorite But Wait To Buy More 
Now It's Time To Buy These 3 IPOs
June 21, 2021 7:00 AM ET

Now It's Time To Buy These 3 IPOs

Thomas Hughes

Based on the chatter, these stocks should do well over the summer and this year. Based on the business models, fundamentals, and the outlook for earnings these stocks should do very well over the long term.

NASDAQ:FIGSNASDAQ:FLYWNASDAQ:DAWN
Read Now It's Time To Buy These 3 IPOs
MarketBeat Weekly: A Look Ahead  6-21
June 21, 2021 6:00 AM ET

MarketBeat Weekly: A Look Ahead 6-21

Thomas Hughes

 We are still deep in the throes of a secular bull market that has many years to run. The shift in FED policy is a sign the economy is healthy as much as anything else.

Read MarketBeat Weekly: A Look Ahead 6-21
Building Portfolio Value With Adobe
June 18, 2021 7:00 AM ET

Building Portfolio Value With Adobe

Thomas Hughes

Adobe (NASDAQ: ADBE) is one of those blue-chip, legacy tech companies that almost became irrelevant. Not to say that Adobe was ever really in danger of going out of business, only that it had reached the end of its visible growth cycle.

NASDAQ:ADBE
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Smith & Wesson Brands Fires Off A Dividend Increase 
June 18, 2021 6:00 AM ET

Smith & Wesson Brands Fires Off A Dividend Increase 

Thomas Hughes

To say that there are tailwinds driving Smith & Wesson Brands’ (NASDAQ: SWBI) business is a bit of an understatement. The first is America's re-infatuation with outdoor lifestyles, a re-infatuation sparked by the pandemic but no longer tied to it.

NASDAQ:SWBI
Read Smith & Wesson Brands Fires Off A Dividend Increase 
Commercial Metals Company Is Hidden Gold
June 18, 2021 3:03 AM ET

Commercial Metals Company Is Hidden Gold

Thomas Hughes

Not even a day after analyst Michael Glick of JPMorgan initiated coverage on the steel industry calling it a generational opportunity, Commercial Metals Company (NYSE: CMC) released its calendar Q2 earnings report

NYSE:CMC
Read Commercial Metals Company Is Hidden Gold
Jabil Inc Moves Higher On Rising Demand
June 17, 2021 9:00 AM ET

Jabil Inc Moves Higher On Rising Demand

Thomas Hughes

Jabil Inc is in a perfect position to accelerate revenue and earnings.

NYSE:JBL
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Lennar Corporation Is Building Value For Investors
June 17, 2021 8:00 AM ET

Lennar Corporation Is Building Value For Investors

Thomas Hughes

Rising lumber prices, rising mortgage rates, and tepid housing data cast a pall on shares of Lennar Corporation (NYSE: LEN) but that is turning into a buying opportunity.

NYSE:LEN
Read Lennar Corporation Is Building Value For Investors
These Hot Upgrades Are Moving Markets Now
June 17, 2021 4:00 AM ET

These Hot Upgrades Are Moving Markets Now

Thomas Hughes

It doesn't matter to us if the analyst’s consensus is bullish or bearish if there is a clear trend of bullishness or bearishness within the community. That said today's news includes upgrades on 3 stocks that we think have big gains ahead of them.

NYSE:FDXNASDAQ:COINNASDAQ:SOFI
Read These Hot Upgrades Are Moving Markets Now
La-Z-Boy Is Just Hitting Its Stride
June 16, 2021 7:00 AM ET

La-Z-Boy Is Just Hitting Its Stride

Thomas Hughes

La-Z-Boy (NYSE: LZB) and the furniture industry are among the most durable winners in the post-pandemic world. The industry suffered a blow when the pandemic struck but has since been able to bounce back very strongly.

NYSE:LZB
Read La-Z-Boy Is Just Hitting Its Stride
Oracle Plunges On Lackluster Results 
June 16, 2021 6:00 AM ET

Oracle Plunges On Lackluster Results 

Thomas Hughes

Oracle (NYSE: ORCL) just released its fiscal Q4 earnings and the shares are down nearly 5% in premarket trading. The report is important for more reasons than one, not only is the report pertinent to Oracle but Oracle's Q4 ended on May 31st. 

NASDAQ:ORCL
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3 EV Companies That Are Still Good Investments
June 16, 2021 3:00 AM ET

3 EV Companies That Are Still Good Investments

Thomas Hughes

The SPAC boom may be over but EV is still big business for these established companies.

NYSE:GMNASDAQ:TSLANYSE:REVG
Read 3 EV Companies That Are Still Good Investments
Put These 2 Micro-Cap Fintech Stocks On Your Watchlist
June 15, 2021 8:00 AM ET

Put These 2 Micro-Cap Fintech Stocks On Your Watchlist

Thomas Hughes

Fintech has been a hot topic for many years now. Secular trends are driving mass adoption of digital commerce and other financial transactions around the world.

NASDAQ:GBOXNASDAQ:KPLT
Read Put These 2 Micro-Cap Fintech Stocks On Your Watchlist
RF Industries Is A Micro-Cap You Need To Own
June 15, 2021 7:00 AM ET

RF Industries Is A Micro-Cap You Need To Own

Thomas Hughes

We think RF Industries (NASDAQ: RFIL) is a micro-cap that should be on your watchlist if not in your portfolio.  The company is a specialist in interconnect products and its business is supported by multiple tailwinds.

NASDAQ:RFIL
Read RF Industries Is A Micro-Cap You Need To Own
3 Reasons Why You Should Be Scared Of Inflation
June 15, 2021 3:00 AM ET

3 Reasons Why You Should Be Scared Of Inflation

Thomas Hughes

This is why the market should be ready for aggressive FOMC policy changes this year.

NYSE:SPY
Read 3 Reasons Why You Should Be Scared Of Inflation
Lordstown Motors Investors Get Taken For A Ride
June 14, 2021 10:00 AM ET

Lordstown Motors Investors Get Taken For A Ride

Thomas Hughes

What was once one of the most promising SPAC-related EV growth stories in the market, Lordstown Motors (NASDAQ: RIDE), may be falling apart. Lordstown Motors’ decline began earlier this year

NASDAQ:RIDE
Read Lordstown Motors Investors Get Taken For A Ride
 HEXO Corp Is A Growing Concern For Your Portfolio
June 14, 2021 7:05 AM ET

 HEXO Corp Is A Growing Concern For Your Portfolio

Thomas Hughes

HEXO Corp (NYSE: HEXO) has been one of our favorite Canadian cannabis companies for quite some time. The company started as one of Canada's smaller yet better run vertically integrated producers but is about to edge out its larger competitors

NYSE:HEXO
Read  HEXO Corp Is A Growing Concern For Your Portfolio
Dave & Buster's Recovery Is Well Underway 
June 11, 2021 8:00 AM ET

Dave & Buster's Recovery Is Well Underway 

Thomas Hughes

Dave & Buster's (NASDAQ: PLAY) was not immune to the pandemic. At the height of the pandemic, sales were down more than 85%. For most, that would be a death knell but not for Dave & Buster's.

NASDAQ:PLAY
Read Dave & Buster's Recovery Is Well Underway 
Hyper-Growth Stock Zedge Outperforms All Expectations
June 11, 2021 7:00 AM ET

Hyper-Growth Stock Zedge Outperforms All Expectations

Thomas Hughes

Zedge (NYSEAMERICAN: ZDGE) caught our attention last quarter when it reported earnings. The company operates a mobile app that allows users to customize their smartphones including ringtones, wallpaper, icons, and many other features.

NYSE:ZDGE
Read Hyper-Growth Stock Zedge Outperforms All Expectations
These 3 Micro-Cap Stocks Are Making A Buzz
June 11, 2021 4:00 AM ET

These 3 Micro-Cap Stocks Are Making A Buzz

Thomas Hughes

The Russell Microcap Index is an index of the smallest 1000 companies in the Russell 2000 Index plus the next thousand smallest companies eligible for inclusion. Today, we're going to take a look at 3 micro-cap stocks that are about to be included

NASDAQ:NTWKNASDAQ:BWENNYSEAMERICAN:WTT
Read These 3 Micro-Cap Stocks Are Making A Buzz