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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 132

It’s Time To Snack On Hormel Foods Stock
February 18, 2021 11:00 PM ET

It’s Time To Snack On Hormel Foods Stock

Thomas Hughes

Hormel (NYSE:HRL) is by far one of the better consumer staples companies on the market. The downside for investors is that, with such a fine pedigree, it is a stock people want to own and that tends to keep share prices up

NYSE:HRL
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America’s Car-Mart (NASDAQ:CRMT) Sets New High As Business Accelerates
February 18, 2021 4:00 AM ET

America’s Car-Mart (NASDAQ:CRMT) Sets New High As Business Accelerates

Thomas Hughes

The rebound in the used-car market is yet to run its course and that is evident in results from America’s Car-Mart (NASDAQ:CRMT). What is also evident in the results is that it doesn’t take eCommerce to get business done and grow a car company.

NASDAQ:CRMT
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Shopify Stock Rally Is Far From Over
February 17, 2021 11:00 PM ET

Shopify Stock Rally Is Far From Over

Thomas Hughes

If you doubt the impact of the pandemic on eCommerce and its importance to business today look no further than Shopify (NYSE:SHOP). Shopify is a cloud-based platform for merchants and retailers connecting them with the services and clientele they need.

NYSE:SHOP
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Don’t Get Lazy With Your La-Z-Boy Investment
February 16, 2021 11:00 PM ET

Don’t Get Lazy With Your La-Z-Boy Investment

Thomas Hughes

Shares of La-Z-Boy (NYSE:LZB) took a hit in premarket trading following a less-than-spectacular Q4 report. It’s not that La-Z-Boy had a bad quarter, it’s that results failed to beat the consensus.

NYSE:LZB
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Workhorse Group Is Ripe For A Short-Squeeze
February 16, 2021 11:00 PM ET

Workhorse Group Is Ripe For A Short-Squeeze

Thomas Hughes

If the Gamestop (NYSE:GME) debacle wasn’t enough to convince short-sellers of Workhorse Group (NASDAQ:WKHS) to be wary the run-up in the cannabis market should have been

NASDAQ:WKHSNYSE:GME
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Time To Hit The Brakes With Advance Auto Parts ?
February 15, 2021 11:00 PM ET

Time To Hit The Brakes With Advance Auto Parts ?

Thomas Hughes

Shares of Advance Auto Parts (NYSE: AAP) are holding steady in the premarket after missing Q4 earnings estimates but it may be time to put on the brakes

NYSE:AAP
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Ecolab Is A (Good) Investment In The Reopening
February 15, 2021 11:00 PM ET

Ecolab Is A (Good) Investment In The Reopening

Thomas Hughes

We don’t want to imply that Ecolab (NYSE:ECL) was ever a weak company because it wasn’t but it is one emerging from the pandemic in better shape than when it struck.

NYSE:ECL
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The Cryptocurrency Market Has Reached A Critical Mass
February 15, 2021 11:00 PM ET

The Cryptocurrency Market Has Reached A Critical Mass

Thomas Hughes

The cryptocurrency market has been sustaining itself for quite some time which raises the question, what’s happening now? Prices for Bitcoin are skyrocketing like in 2018 and there is no end in sight.

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3 Undercovered and Underloved Pot Stocks
February 12, 2021 3:30 AM ET

3 Undercovered and Underloved Pot Stocks

Thomas Hughes

hexo stock, planet 13 stock, green organic dutchman stock

NYSE:HEXOOTCMKTS:TGODFOTCMKTS:PLNHF
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iRobot Investors Clean Up After Q4 Results
February 11, 2021 11:00 PM ET

iRobot Investors Clean Up After Q4 Results

Thomas Hughes

iRobot’s (NASDAQ:IRBT) Q4 performance has helped gel an idea we’ve been kicking around. The idea is that demand for consumer goods has been so strong that, when coupled with widespread manufacturing shut-downs,

NASDAQ:IRBT
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Toyota Doubles-Down On The EV Market, Again
February 11, 2021 11:00 PM ET

Toyota Doubles-Down On The EV Market, Again

Thomas Hughes

With OEM auto manufacturers and start-ups around the world ramping production of electric vehicles, it is no surprise to hear Toyota (NYSE:TM) is doing the same

NYSE:TM
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Coca-Cola Stock Is Out, Pepsico Stock Is In
February 10, 2021 11:00 PM ET

Coca-Cola Stock Is Out, Pepsico Stock Is In

Thomas Hughes

We ran a piece in the summer of 2020 comparing Pepsico (NASDAQ:PEP) and The Coca-Cola Company (NYSE:KO). The comparison was simple. Starting from the assumption that yes, a buy in the soda/beverage category was a good play

NYSE:KONASDAQ:PEP
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The Marijuana Stock Recovery You Need To Know About
February 10, 2021 11:00 PM ET

The Marijuana Stock Recovery You Need To Know About

Thomas Hughes

The marijuana market is blowing up and by some accounts, it is Reddit’s fault. The Reddit Warriors or whatever you want to call them are ganging up on another market and artificially driving up the prices

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CTS Corporation Stock Is A Sleeper Play For The Budding Rebound
February 9, 2021 11:00 PM ET

CTS Corporation Stock Is A Sleeper Play For The Budding Rebound

Thomas Hughes

CTS Corporation (NYSE:CTS) is among a quietly thriving group of companies that are perfectly positioned for the recovery. CTS Corporation, like PPG Industries (NYSE:PPG), H.B. Fuller (NYSE:FUL),

NYSE:CTSNYSE:PPGNYSE:FUL
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Building A Base In Reynolds Consumer Products (NASDAQ:REYN)
February 9, 2021 11:00 PM ET

Building A Base In Reynolds Consumer Products (NASDAQ:REYN)

Thomas Hughes

Reynolds Consumer Products (NASDAQ:REYN) is no newcomer to the game of consumer retail despite its short history as a publicly-traded company. The business is a well-established blue-chip brand

NASDAQ:REYN
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Did Energizer Holdings Lose Its Charge
February 8, 2021 11:00 PM ET

Did Energizer Holdings Lose Its Charge

Thomas Hughes

Energizer Holdings, Inc (NYSE:ENR), the iconic maker of batteries and lighting products worldwide, is a growth story that has its beginnings long before the pandemic struck.

NYSE:ENR
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Simpson Manufacturing Stock Tanks After Earnings, But Should It?
February 8, 2021 11:00 PM ET

Simpson Manufacturing Stock Tanks After Earnings, But Should It?

Thomas Hughes

Simpson Manufacturing Co. (NYSE:SSD) isn’t seeing much love from the market following its Q4 earnings release. Not because the company underperformed, it didn’t, but because the market was expecting the good news.

NYSE:SSD
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Best Buy (NYSE:BBY) Is A Buy Going Into Earnings
February 7, 2021 11:00 PM ET

Best Buy (NYSE:BBY) Is A Buy Going Into Earnings

Thomas Hughes

The Best Buy (NYSE:BBY) story is one that is fast becoming a signficant theme for Wall Street stocks. The company which was ailing in the years going into the pandemic is emerging from the crisis stronger and in a better position.

NYSE:BBY
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These Two Catalysts Are Pushing Crypto Markets To New Highs
February 7, 2021 11:00 PM ET

These Two Catalysts Are Pushing Crypto Markets To New Highs

Thomas Hughes

Bitcoin (BTC) made headlines this morning when it surged to set a new all-time. The new high which was just shy of $45,000 comes exactly one month after the last record-setting high was reached

NASDAQ:TSLA
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Saia Stock A Buy After Beating 4th Quarter Consensus?
February 7, 2021 11:00 PM ET

Saia Stock A Buy After Beating 4th Quarter Consensus?

Thomas Hughes

There is a rising tide of demand lifting the entire trucking industry and Saia is no different. What makes Saia (NASDAQ:SAIA) different from competitors like J.B. Hunt (NASDAQ:JBHT), Old Dominion (NASDAQ:ODFL), and even Schneider International (NYSE:SNDR) is its focus.

NASDAQ:SAIANASDAQ:JBHTNASDAQ:ODFL
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An Investment In Hershey’s Stock Looks Sweeter Than Ever
February 4, 2021 11:00 PM ET

An Investment In Hershey’s Stock Looks Sweeter Than Ever

Thomas Hughes

Hershey’s (NYSE:HSY) became an attractive investment last year when the COVID-driven sell-off resulted in ultra-low prices for this consumer staple. The company was not only well-positioned to weather the storm

NYSE:HSY
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3 Growing Companies That Are Raising Their Guidance
February 4, 2021 4:09 AM ET

3 Growing Companies That Are Raising Their Guidance

Thomas Hughes

Often times the results are a one-off thing, hampered by an outlook for slowing growth, or coupled with weak guidance. That’s why the companies are on our list today are so attractive. They not only beat their consensus targets but

NYSE:AVYNASDAQ:DTNYSE:INGR
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Manpower (NYSE:MAN) Is A Buy On Post-Earnings Weakness
February 3, 2021 4:10 AM ET

Manpower (NYSE:MAN) Is A Buy On Post-Earnings Weakness

Thomas Hughes

Manpower had a solid 4th quarter and I can’t say I am not surprised. Not only is the core employment data, not just the weekly jobless claims or monthly payroll figures, showing steady and marked improvements from month to month

NYSE:MANNYSE:ADPNASDAQ:CTAS
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Your Portfolio, Feed It Scotts Miracle-Gro (NYSE:SMG)
February 2, 2021 11:00 PM ET

Your Portfolio, Feed It Scotts Miracle-Gro (NYSE:SMG)

Thomas Hughes

The Scotts Miracle-Gro (NYSE:SMG) story is a rare one in today’s market but not entirely unique. The company had begun a major transformation years before the pandemic

NYSE:SMG
Read Your Portfolio, Feed It Scotts Miracle-Gro (NYSE:SMG)