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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 74

This Is Why You Shouldn’t Be So Happy About The Labor Data
February 9, 2023 7:30 AM ET

This Is Why You Shouldn’t Be So Happy About The Labor Data

Thomas Hughes

Employment data for January is mixed at best and suggests a shift in the labor market that is having a negative impact on the outlook for S&P 500 earnings.

NASDAQ:GOOGNASDAQ:METANYSE:DIS
Read This Is Why You Shouldn’t Be So Happy About The Labor Data
Emerson Electric stock
February 9, 2023 5:15 AM ET

Emerson Electric: Charging Toward The Buy Zone 

Thomas Hughes

Emerson Electric falls on mixed results and favorable outlook that includes growth and dividend growth, in this case the market may be overreacting.

NYSE:EMR
Read Emerson Electric: Charging Toward The Buy Zone 
CVS stock
February 8, 2023 11:04 AM ET

CVS Health Corporation Is Coiled And Ready To Spring Higher 

Thomas Hughes

CVS Health strategy to become a diversified healthcare operator is paying off and the analysts clearly approve. Earnings shine and guidance is good, too.

NYSE:RADNASDAQ:WBANYSE:CVS
Read CVS Health Corporation Is Coiled And Ready To Spring Higher 
Will The Pullback In Paycom Payoff For Investors? 
February 8, 2023 10:40 AM ET

Will The Pullback In Paycom Payoff For Investors? 

Thomas Hughes

Paycom stock is down hard on great news and favorable guidance, the analysts are upping their targets and have the consensus estimate on the rise.

NYSE:PAYC
Read Will The Pullback In Paycom Payoff For Investors? 
Chipotle stock
February 8, 2023 8:40 AM ET

No Spice In Chipotle Results, Is Now The Time To Buy?

Thomas Hughes

Chipotle Mexican Grill had a weaker-than-expected quarter but not a weak quarter and the outlook is for growth so lower prices are an opportunity.

NYSE:CMG
Read No Spice In Chipotle Results, Is Now The Time To Buy?
V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut
February 8, 2023 8:00 AM ET

V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut

Thomas Hughes

V.F. Corporation cuts its dividend but still yields more than 4.0% and it is trading at a value to the broad market, a dip in action could trigger a bottom.

NYSE:VFC
Read V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut
It’s Time To be Interested In Pinterest Again 
February 8, 2023 5:10 AM ET

It’s Time To be Interested In Pinterest Again 

Thomas Hughes

Pinterest is getting the analysts interested and that will help drive the stock to new highs in 2023, they see engagement and user counts driving results.

NASDAQ:METANYSE:PINS
Read It’s Time To be Interested In Pinterest Again 
3 Hot Stocks The Analysts Are Buying 
February 7, 2023 10:30 AM ET

3 Hot Stocks The Analysts Are Buying 

Thomas Hughes

The Q4 reporting season is worse than feared but it's not all bad news and some stocks are even getting upgrades and setting new highs.

NASDAQ:ONNASDAQ:NFLXNASDAQ:META
Read 3 Hot Stocks The Analysts Are Buying 
Hertz Global Holding Could Be A Comfortable Ride In 2023
February 7, 2023 10:25 AM ET

Hertz Global Holding Could Be A Comfortable Ride In 2023

Thomas Hughes

Hertz Global Holdings issued a good report with favorable outlook that has the entire travel complex edging higher on hopes for growth.

NASDAQ:ABNBNASDAQ:TCOMNASDAQ:HTZ
Read Hertz Global Holding Could Be A Comfortable Ride In 2023
Take-Two Interactive Or Activision Blizzard: An Obvious Choice?
February 7, 2023 8:38 AM ET

Take-Two Interactive Or Activision Blizzard: An Obvious Choice?

Thomas Hughes

Activision Blizzard is better-positioned for 2023 with or without the Microsoft deal and that is seen in analysts and chart activity.

NASDAQ:ATVINASDAQ:TTWO
Read Take-Two Interactive Or Activision Blizzard: An Obvious Choice?
ServiceNow CEO Sells Shares, Is It Time To Worry? 
February 7, 2023 7:30 AM ET

ServiceNow CEO Sells Shares, Is It Time To Worry? 

Thomas Hughes

ServiceNow CEO sells shares and sends the market lower but this is not a red flag, it is an opportunity the institutions and analysts may act on.

NYSE:NOW
Read ServiceNow CEO Sells Shares, Is It Time To Worry? 
Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
February 6, 2023 11:06 AM ET

Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?

Thomas Hughes

Energizer Holdings is setting up for a major reversal that could add double-digits to share prices on top of the 3.25% yield.

NYSE:ENR
Read Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
Can Cummins Power To A New High? 
February 6, 2023 9:58 AM ET

Can Cummins Power To A New High? 

Thomas Hughes

Cummins is gearing up for another buying opportunity that will provide value and yield for investors looking to cash in on the shift to carbon-0.

NYSE:CATNYSE:CMINYSEARCA:SPY
Read Can Cummins Power To A New High? 
ONSemi Is Marching Higher On Great Results
February 6, 2023 8:55 AM ET

ONSemi Is Marching Higher On Great Results

Thomas Hughes

ONSemi had a great quarter and is guiding favorably due to strong OEM demand and this news is driving the market to new highs in 2023.

NASDAQ:INTCNASDAQ:AMDNASDAQ:ALGM
Read ONSemi Is Marching Higher On Great Results
What Tyson Foods Q1 Means For Staples Stocks
February 6, 2023 8:25 AM ET

What Tyson Foods Q1 Means For Staples Stocks

Thomas Hughes

Tyson Foods whiffed in Q1 and missed big on the bottom line, this has the stock trading at a deep discount with a yield of over 3.0%.

NYSE:HRLNASDAQ:KHCNYSEARCA:XLP
Read What Tyson Foods Q1 Means For Staples Stocks
 Mullen Automotive Stock, The Tide Has Turned
February 6, 2023 7:25 AM ET

Mullen Automotive Stock, The Tide Has Turned

Thomas Hughes

The tide is turning for Mullen Automotive and it may generate an upswing in price action that takes the stock up to the $1 level.

NASDAQ:MULN
Read Mullen Automotive Stock, The Tide Has Turned
Insiders And Institutions Buy Wolverine Worldwide
February 3, 2023 7:00 AM ET

Insiders And Institutions Buy Wolverine Worldwide

Thomas Hughes

The insiders and institutions are buying Wolverine Worldwide and have the market at a bottom, a good Q4 report could be the trigger for reversal.

NYSE:WWW
Read Insiders And Institutions Buy Wolverine Worldwide
Mullen Automotive Stock Gains Momentum 
February 2, 2023 10:35 AM ET

Mullen Automotive Stock Gains Momentum On Positive News

Thomas Hughes

Mullen Automotive is moving higher on another news release that could lead to new orders, a brighter outlook and higher share prices.

NASDAQ:MULN
Read Mullen Automotive Stock Gains Momentum On Positive News
Harley-Davidson Inc. Stock, Is It Time To Buy?
February 2, 2023 9:00 AM ET

Harley-Davidson Inc. Stock, Is It Time To Buy?

Thomas Hughes

Harley-Davidson kick-started a rally with strong results and an outlook that support the idea of robust dividend increases this year.

NYSE:HOG
Read Harley-Davidson Inc. Stock, Is It Time To Buy?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
February 2, 2023 7:15 AM ET

The Bottom Is In For Meta Platforms, Volatility Is Not Over

Thomas Hughes

Meta Platforms issues mixed results and guidance and shares pop 20%. What investors need to know before they chase this market higher.

NASDAQ:META
Read The Bottom Is In For Meta Platforms, Volatility Is Not Over
Exxon Mobil Could Gush To New Highs Very Soon 
February 2, 2023 5:12 AM ET

Exxon Mobil Could Gush To New Highs Very Soon 

Thomas Hughes

Exxon Mobil Corporation produced a record-setting quarter and has more of the same on tap for 2023 which means capital returns for shareholders.

NYSE:CVXNYSE:XOM
Read Exxon Mobil Could Gush To New Highs Very Soon 
Bed Bath & Beyond Is Circling the Drain
February 1, 2023 1:11 PM ET

Bed Bath & Beyond Is Circling the Drain

Thomas Hughes

Bed Bath & Beyond is on the verge of liquidation and it could have far-reaching implications for the retail industry, here are some potential winners.

NYSE:KSSNYSE:TJXNASDAQ:ROST
Read Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
February 1, 2023 10:42 AM ET

Allegro Microsystems Is A Well-Positioned Semiconductor Stock

Thomas Hughes

Allegro MicroSystems is a well-positioned semiconductor company that is posting growth and guiding the market higher while competitors aren't.

NASDAQ:INTCNASDAQ:AMDNASDAQ:NVDA
Read Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Scotts Miracle-Gro Hits Bottom, Reversal In Play
February 1, 2023 10:15 AM ET

Scotts Miracle-Gro Hits Bottom, Reversal In Play

Thomas Hughes

Scotts Miracle-Gro hit bottom and has a reversal in play that could take it higher, how much higher is the question for investors.

NYSE:SMG
Read Scotts Miracle-Gro Hits Bottom, Reversal In Play