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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 139

Yes, It Is Time To Buy Micron (NASDAQ:MU)
September 29, 2020 11:00 PM ET

Yes, It Is Time To Buy Micron (NASDAQ:MU)

Thomas Hughes

Shares of Micron Technology (NASDAQ:MU) have not been performing all that well since hitting the pandemic-bottom. The share prices recaptured only a fraction of the pre-COVID highs and are still struggling with resistance.

NASDAQ:MUNASDAQ:AMATNASDAQ:AMD
Read Yes, It Is Time To Buy Micron (NASDAQ:MU)
More New Highs In Sight For IHS Markit (NYSE: INFO)
September 28, 2020 11:00 PM ET

More New Highs In Sight For IHS Markit (NYSE: INFO)

Thomas Hughes

IHS Markit (NYSE: INFO) emerged as a value-play on data analytics earlier this year. The company is well-known for its role in the economic arena but also provides services to a wide array of businesses and industries.

NYSE:INFO
Read More New Highs In Sight For IHS Markit (NYSE: INFO)
Thor Industries (NYSE:THO) Is A Screaming Buy After Q3 Results
September 27, 2020 11:00 PM ET

Thor Industries (NYSE:THO) Is A Screaming Buy After Q3 Results

Thomas Hughes

Thor Industries (NYSE:THO) just reported a strong quarter and improved guidance and I am not surprised. The #vanlife is a wildly popular and rapidly growing phenomenon

NYSE:THO
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The Upgrades Keep Rolling In on These Stocks
September 27, 2020 11:00 PM ET

The Upgrades Keep Rolling In on These Stocks

Thomas Hughes

FedEx (NYSE:FDX) and UPS (NYSE:UPS) are emerging as a pair of multi-story plays. Not only have the two been successfully increasing pricing their businesses have been accelerated by the pandemic and more.

NYSE:FDXNYSE:UPSNYSE:SPOT
Read The Upgrades Keep Rolling In on These Stocks
The CALM Before The Storm For Cal-Maine (NASDAQ:CALM)
September 24, 2020 11:00 PM ET

The CALM Before The Storm For Cal-Maine (NASDAQ:CALM)

Thomas Hughes

Cal-Maine (NASDAQ:CALM) investors haven’t had an easy time of it over the past quarter. The stock was set up to advance on an expectation of dividend reinstatement but events out of anyone’s control had the oppositive effect.

NASDAQ:CALM
Read The CALM Before The Storm For Cal-Maine (NASDAQ:CALM)
Buy CarMax (NYSE:KMX) On Post-Earnings Weakness
September 23, 2020 11:00 PM ET

Buy CarMax (NYSE:KMX) On Post-Earnings Weakness

Thomas Hughes

Six months past the start of the economic shut-down, omnichannel retailers like CarMax (NYSE:KMX) are riding a rising tide of demand that is fueling not only profits but growth.

NYSE:KMXNASDAQ:VRMNYSE:SAH
Read Buy CarMax (NYSE:KMX) On Post-Earnings Weakness
Jabil Inc (NYSE:JBL) A Buy After Earnings Topper
September 23, 2020 11:00 PM ET

Jabil Inc (NYSE:JBL) A Buy After Earnings Topper

Thomas Hughes

Formerly known as Jabil Circuit, Jabil Inc (NYSE:JBL) is more than a technology company. Jabil is, according to company materials anyway, the most technologically advanced manufacturing services solutions company in the world.

NYSE:JBL
Read Jabil Inc (NYSE:JBL) A Buy After Earnings Topper
The Steelcase (NYSE:SCS) 4% Dividend Is Worth Your Time
September 22, 2020 11:00 PM ET

The Steelcase (NYSE:SCS) 4% Dividend Is Worth Your Time

Thomas Hughes

At first glance, Steelcase (NYSE:SCS) might seem like a great pandemic-stock. It’s a furniture maker, after all, and the furniture industry is booming from strong home-improvement demand.

NYSE:SCSNYSE:AAN
Read The Steelcase (NYSE:SCS) 4% Dividend Is Worth Your Time
UPS Stock Is Ready To Pop
September 21, 2020 11:00 PM ET

UPS Stock Is Ready To Pop

Thomas Hughes

The chart of UPS (NYSE:UPS) looks like a stock about to pop. The stock has been trending in a tight range at an all-time high for weeks and the indicators are setting up nicely.

NYSE:UPSNYSE:FDX
Read UPS Stock Is Ready To Pop
It’s Time To Pull The Trigger On Walmart (NYSE:WMT)
September 20, 2020 11:00 PM ET

It’s Time To Pull The Trigger On Walmart (NYSE:WMT)

Thomas Hughes

Shares of Walmart (NYSE:WMT) hit an all-time earlier this month driven by rising revenue, growing profits, and tailwinds from the pandemic.

NYSE:WMT
Read It’s Time To Pull The Trigger On Walmart (NYSE:WMT)
Domino’s Pizza (NYSE:DPZ) Rises On Wave Of Analyst Upgrades
September 17, 2020 11:00 PM ET

Domino’s Pizza (NYSE:DPZ) Rises On Wave Of Analyst Upgrades

Thomas Hughes

Domino’s Pizza (NYSE:DPZ) has a long history of analysts upgrades. Since the first quarter of 2020 there have been at least 25 major analysts calls and they are all bullish.

NYSE:DPZNYSE:MCDNASDAQ:PZZA
Read Domino’s Pizza (NYSE:DPZ) Rises On Wave Of Analyst Upgrades
Three More Stock Upgrades You Need To Buy
September 17, 2020 11:00 PM ET

Three More Stock Upgrades You Need To Buy

Thomas Hughes

I have been predicting an upgrade-led rally almost since the beginning of the 2nd quarter earnings reporting cycle. The consensus targets for 2nd quarter earnings were too low and the targets for 3rd quarter, 4th quarter

NYSE:FDXNASDAQ:ZGNASDAQ:OSTK
Read Three More Stock Upgrades You Need To Buy
Three Ways To Invest In EV That Aren’t Tesla
September 13, 2020 11:00 PM ET

Three Ways To Invest In EV That Aren’t Tesla

Thomas Hughes

The Electric Car market is going to be huge. If even only 10% of all cars globally go EV we’re still talking about exponential growth over the coming years.

NASDAQ:TSLANASDAQ:NKLANASDAQ:AMBA
Read Three Ways To Invest In EV That Aren’t Tesla
Three Reasons To Buy Labor Stocks
September 13, 2020 11:00 PM ET

Three Reasons To Buy Labor Stocks

Thomas Hughes

There is still a lot of weakness in the labor market, don’t get me wrong, but the labor market is still strong and the rebound is on.

NYSE:CTASNASDAQ:ADP
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Is Zumiez Inc. Another Retail Winner For The 2nd Half?
September 10, 2020 11:00 PM ET

Is Zumiez Inc. Another Retail Winner For The 2nd Half?

Thomas Hughes

Zumiez Inc. (NASDAQ:ZUMZ) produced a surprising 2nd quarter in more ways than one. The company is heavily reliant on brick&mortar not to mention malls so was not expected to rebound very strongly but it did.

NASDAQ:ZUMZNASDAQ:SCVL
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Yes, Kroger (NYSE:KR) Is Still A Bargain
September 10, 2020 11:00 PM ET

Yes, Kroger (NYSE:KR) Is Still A Bargain

Thomas Hughes

Kroger (NYSE:KR) has been at the forefront of the pandemic rebound and is no danger of losing its position. The stock is up more than 30% from the pandemic bottom, revenue is still accelerating,

NYSE:KR
Read Yes, Kroger (NYSE:KR) Is Still A Bargain
Upgrades Are Why This Pull-Back Is A Buying Opportunity
September 9, 2020 11:00 PM ET

Upgrades Are Why This Pull-Back Is A Buying Opportunity

Thomas Hughes

What this means for the market is astounding. Not only is the trajectory of earnings growth positive, as in negative growth is expected to shrink in the 3rd and 4th quarters, but negative growth is also expected to turn positive and accelerate in 2021.

NASDAQ:SPOTNASDAQ:SAFMNASADAQ:BBY
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Accelerating Growth Make Zscaler (NASDAQ:ZS) A Buy
September 9, 2020 11:00 PM ET

Accelerating Growth Make Zscaler (NASDAQ:ZS) A Buy

Thomas Hughes

It’s risky to access the Internet, there are bad people with sophisticated programs just waiting for a target, which is why security companies like Zscaler (NASDAQ:ZS) are doing such good business.

NASDAQ:ZS
Read Accelerating Growth Make Zscaler (NASDAQ:ZS) A Buy
3 Upgrades You Can Buy Right Now
September 7, 2020 11:00 PM ET

3 Upgrades You Can Buy Right Now

Thomas Hughes

That situation led to a historic market melt-up that is yet to play-out despite this correction because the analyst’s projections are still too low.

NYSE:CWHNYSE:FLNYSE:DIS
Read 3 Upgrades You Can Buy Right Now
3 Beaten Down Stocks To Put On Your Buy List
September 4, 2020 4:00 AM ET

3 Beaten Down Stocks To Put On Your Buy List

Thomas Hughes

The opportunity for investors is two-fold. On the one hand, share prices offer a value, often a deep-value, over comparable stocks. On the other, high short-interest will fuel a sharp short-covering rally in these beaten-up names once the bulls regain control.

NYSE:MNASDAQ:MIKNYSE:BIG
Read 3 Beaten Down Stocks To Put On Your Buy List
Ambarella (NASDAQ:AMBA) Is Ready To Ride The 5G Wave
September 2, 2020 11:00 PM ET

Ambarella (NASDAQ:AMBA) Is Ready To Ride The 5G Wave

Thomas Hughes

Ambarella (NASDAQ:AMBA) made a name for itself providing chips and technology for GoPro’s (NASDAQ:GPRO) popular line of digital, connected, cameras.

NASDAQ:AMBANASDAQ:GPRO
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3 Undervalued Cloud Stocks To Buy Now
September 2, 2020 4:00 AM ET

3 Undervalued Cloud Stocks To Buy Now

Thomas Hughes

If there was ever a need for businesses to adopt technology it is now and the cloud is where the growth will be strongest.

NYSE:RXTNYSE:VMWNYSE:CRM
Read 3 Undervalued Cloud Stocks To Buy Now
Shoe Carnival’s (SCVL) Bubble Bursts, Now It’s Time To Buy Some
September 1, 2020 11:00 PM ET

Shoe Carnival’s (SCVL) Bubble Bursts, Now It’s Time To Buy Some

Thomas Hughes

To look at the pre-market action you’d think Shoe Carnival (NASDAQ:SCVL) just died. The stock is down more than 12% putting it deep into correction territory and well on its way to a bear market.

NASDAQ:SCVL
Read Shoe Carnival’s (SCVL) Bubble Bursts, Now It’s Time To Buy Some
Eaton Corporation (NYSE:ETN) Is A Buy On Restructuring News
August 30, 2020 11:00 PM ET

Eaton Corporation (NYSE:ETN) Is A Buy On Restructuring News

Thomas Hughes

Eaton Corporation (NYSE:ETN) was not immune to the pandemic. The company is a maker of electrical components for business, industry, and residential use, and its markets were hit hard.

NYSE:ETN
Read Eaton Corporation (NYSE:ETN) Is A Buy On Restructuring News