Free Trial

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 83

Is High-Yield Whirlpool A Value Trap? 
July 26, 2022 4:05 AM ET

Is High-Yield Whirlpool A Value Trap? 

Thomas Hughes

Shares of Whirlpool (NYSE: WHR) are trading under 7X the consensus for earnings and offer a deep value relative to the broader market. The question is, however, is this value a trap that will tie up investor capital with little to no return?

NYSE:WHR
Read Is High-Yield Whirlpool A Value Trap? 
The Institutions Like The Color Of PPG Industries 
July 25, 2022 11:00 PM ET

The Institutions Like The Color Of PPG Industries 

Thomas Hughes

The institutional activity in PPG Industries (NYSE: PPG) has been a little mixed over the past year but the net of activity is bullish and supports the stock. The institutions have been net buyers for 3 of the last 4 quarters and 7 of the last 8 and hold nearly 80% of the stock.

NYSE:PPG
Read The Institutions Like The Color Of PPG Industries 
Alcoa Is Well-Positioned For 2022 and 2023
July 25, 2022 9:00 AM ET

Alcoa Is Well-Positioned For 2022 and 2023

Thomas Hughes

Shares of Alcoa (NYSE: AA) are down nearly 50% from their high and they move lower but we don’t think they will go much lower. While aluminum prices are down sharply from their recent high the outlook for demand is expansionary.

NYSE:AA
Read Alcoa Is Well-Positioned For 2022 and 2023
Schlumberger: Another Reason To Bet On An Oil-Services Rebound
July 25, 2022 4:05 AM ET

Schlumberger: Another Reason To Bet On An Oil-Services Rebound

Thomas Hughes

If results from Baker Hughes (NYSE: BKR) and Haliburton (NYSE: HAL) weren’t enough to convince you of a rebound in the oil services sector Schlumberger (NYSE: SLB) has given us some more evidence. The company reported a solid quarter driven by strength in all regions and segments due to an increase in investment in the oil industry.

NYSE:SLBNYSE:BKRNYSE:HAL
Read Schlumberger: Another Reason To Bet On An Oil-Services Rebound
Don’t Play Around With Mattel, Hasbro Is A Better Buy 
July 24, 2022 11:00 PM ET

Mattel or Hasbro Which is the Better Buy 

Thomas Hughes

As good a company as Mattel (NASDAQ: MAT) is, Hasbro (NASDAQ: HAS) may be the better buy for today’s times. Both companies outperformed the consensus expectations and provided a positive outlook but one thing stands out between them.

NASDAQ:MATNASDAQ:HAS
Read Mattel or Hasbro Which is the Better Buy 
Lackluster Results Provide An Opportunity In Tractor Supply Company
July 22, 2022 6:00 AM ET

Lackluster Results Provide An Opportunity In Tractor Supply Company

Thomas Hughes

Tractor Supply Company (NASDAQ: TSCO) reported better than expected Q2 results and raised the guidance and yet shares fell because of it. Shares fell because the results and guidance, while favorable, are lackluster in regard to the analyst's estimate.

NASDAQ:TSCONYSE:WMTNYSE:TGT
Read Lackluster Results Provide An Opportunity In Tractor Supply Company
Why Will Highly-Valued Tesla Move Higher? Results
July 21, 2022 9:38 AM ET

Why Will Highly-Valued Tesla Move Higher? Results

Thomas Hughes

Tesla (NASDAQ: TSLA) reported a mixed quarter but the shares are moving higher anyway. The shares are moving higher because, although mixed, the margin came in well above the consensus estimate despite headwinds that cut into both the top line and margins.

NASDAQ:TSLA
Read Why Will Highly-Valued Tesla Move Higher? Results
Knight-Swift Transporation Shifts Gear To Rally Mode
July 21, 2022 8:00 AM ET

Knight-Swift Transporation Shifts Gear To Rally Mode

Thomas Hughes

After several quarters of uncertainty, Knight-Swift Transportation (NYSE: KNX) delivered what the market was looking for. The company reported top and bottom outperformance and raised the guidance due to strong demand and margin improvements.

NYSE:KNXNASDAQ:JBHT
Read Knight-Swift Transporation Shifts Gear To Rally Mode
Five (5) Stocks Under $50 With Double-Digit Upside 
July 21, 2022 7:00 AM ET

Five (5) Stocks Under $50 With Double-Digit Upside 

Thomas Hughes

It’s easy to say “value is where you find it” with an account worth 6 figures. A single purchase of Chipotle Mexican Grill (NASDAQ: CMG) won’t tilt the meter in regard to account diversification and risk

NYSE:CMGNYSE:FNASDAQ:KHC
Read Five (5) Stocks Under $50 With Double-Digit Upside 
Put Steel In Your Portfolio With Steel Dynamics 
July 21, 2022 6:00 AM ET

Put Steel In Your Portfolio With Steel Dynamics 

Thomas Hughes

If you want to put some steel in your portfolio look no further than Steel Dynamics (NASDAQ: STLD). The company is engaged in the recycling, processing, fabrication, and sales of steel to the construction and industrial complex and just posted a record quarter.

NASDAQ:STLD
Read Put Steel In Your Portfolio With Steel Dynamics 
The Top-Rated Consumer Defensive Stocks With Yield Above 3.5% 
July 20, 2022 11:00 PM ET

The Top-Rated Consumer Defensive Stocks With Yield Above 3.5% 

Thomas Hughes

We like using stock screens to look for investing ideas, not so much to find new investments but to remind us (after all these years) of good investments and, more specifically, the right investments for the right times.

NYSE:VZNYSEARCA:XLENYSE:XOM
Read The Top-Rated Consumer Defensive Stocks With Yield Above 3.5% 
Need Yield? Energy Transfer LP Has It And More 
July 20, 2022 8:00 AM ET

Need Yield? Energy Transfer LP Has It And More 

Thomas Hughes

Energy Transfer LP (NYSE: ET) just got a price target reduction and we’re glad it did. The news brought the market back into focus and at an opportune time for income investors.

NYSE:ET
Read Need Yield? Energy Transfer LP Has It And More 
Cal-Maine: This Company Has Pricing Power 
July 20, 2022 7:00 AM ET

Cal-Maine: This Company Has Pricing Power 

Thomas Hughes

Cal-Maine (NASDAQ: CALM) is an interesting income stock due to the nature of the payout. The company has a very strict capital return program that only allows a dividend when the company is turning a profit, which can be intermittent.

NASDAQ:CALM
Read Cal-Maine: This Company Has Pricing Power 
This Is A Turning Point For Baker Hughes Stock
July 20, 2022 6:00 AM ET

This Is A Turning Point For Baker Hughes Stock

Thomas Hughes

Shares of Baker Hughes (NYSE: BKR) fell roughly 5.0% in the wake of the Q2 results but we are viewing the drop as a buying opportunity that could be worth 40% or more over the next few quarters. The company missed the top and bottom line estimates which is not something we like to see.

NYSE:BKRNYSE:SLB
Read This Is A Turning Point For Baker Hughes Stock
These Consumer Stocks Will Thrive And Here’s Why 
July 19, 2022 11:00 PM ET

These Consumer Stocks Will Thrive And Here’s Why 

Thomas Hughes

The outlook for consumer spending is getting darker by the day but the bad news is not universal. While some companies are poorly positioned in regards to inflation, interest rate hikes, and the combined impact on consumer spending there are others that are not.

NYSE:DGNYSE:CNKNYSE:GIS
Read These Consumer Stocks Will Thrive And Here’s Why 
High-Yielding ManpowerGroup Inc. Goes On Sale
July 19, 2022 8:00 AM ET

High-Yielding ManpowerGroup Inc. Goes On Sale

Thomas Hughes

ManpowerGroup (NASDAQ: MAN) certainly had a mixed quarter but the news is more bullish than not. While the revenue and earnings both fell short of the Marketbeat.com consensus estimates margins widened, cash flow was strong, shares were repurchased, and the dividend was paid.

NYSE:MAN
Read High-Yielding ManpowerGroup Inc. Goes On Sale
High-Yield Dividend Hasbro May Have Hit Bottom 
July 19, 2022 8:00 AM ET

High-Yield Dividend Hasbro May Have Hit Bottom 

Thomas Hughes

Hasbro (NASDAQ: HAS) is not immune to the issues plaguing the market today but it is outperforming what we’ve seen so far this earnings cycle and in more ways than one. The key takeaways from the report are that revenue is growing, the company has pricing power, and margins are widening.

NASDAQ:HAS
Read High-Yield Dividend Hasbro May Have Hit Bottom 
Is It Time To Get Defensive With Lockheed Martin?
July 19, 2022 7:00 AM ET

Is It Time To Get Defensive With Lockheed Martin?

Thomas Hughes

Lockheed Martin (NYSE: LMT) issued weak results and trimmed its full-year outlook causing the stock to drop more than 3.5% in after-hours trading. While the news is lackluster we are viewing the drop in share prices as buying opportunity for dividend investors.

NYSE:LMT
Read Is It Time To Get Defensive With Lockheed Martin?
Three (3) Undervalued Dividend-Paying Tech Stocks 
July 19, 2022 12:00 AM ET

Three (3) Undervalued Dividend-Paying Tech Stocks 

Thomas Hughes

While Samsung’s results may not spark a major reversal in the chip industry they, and other signs within the market, suggest a bottom is in play and it’s one for dividend investors to take advantage of. The chip stocks are undervalued and pay safe, if not always large dividends.

NASDAQ:INTCNASDAQ:MUNASDAQ:QCOM
Read Three (3) Undervalued Dividend-Paying Tech Stocks 
AMC Entertainment Is On Track For Blockbuster Results 
July 18, 2022 5:05 AM ET

AMC Entertainment Is On Track For Blockbuster Results 

Thomas Hughes

While the movie industry is still a bit shy of regaining its pre-pandemic business levels AMC Entertainment (NASDAQ: AMC) is on track for a blockbuster quarter. The last few months have seen no end of high-grossing movie openings and the trend is set to continue.

NYSE:AMCNYSE:DIS
Read AMC Entertainment Is On Track For Blockbuster Results 
Is WD-40 Company Ready For A Rebound?
July 18, 2022 4:05 AM ET

Is WD-40 Company Ready For A Rebound?

Thomas Hughes

WD-40 Company (NASDAQ: WDFC) had about as good a quarter as can be expected given the circumstances, and that has the stock set up for a rebound. The market in WD-40 Company stock has been in a protracted downtrend for several quarters now, and it is overextended and ripe for a reversal that could begin by the start of the 4th quarter.

NASDAQ:WDFCNASDAQ:NFLX
Read Is WD-40 Company Ready For A Rebound?
It Might Be Time To Plug Into Plug Power, Inc 
July 17, 2022 11:00 PM ET

It Might Be Time To Plug Into Plug Power, Inc 

Thomas Hughes

The price action in Plug Power, Inc (NASDAQ: PLUG) has been as volatile as any stock in our coverage over the last year and, like some others, appears to be at or near its bottom. The price action is down nearly 80% since hitting its peak and, coincidentally, trading at levels the institutions once thought attractive.

NASDAQ:PLUGNASDAQ:TSLANYSE:JPM
Read It Might Be Time To Plug Into Plug Power, Inc 
Levi Strauss Proves Resilient For Dividend Investors 
July 8, 2022 7:00 AM ET

Levi Strauss Proves Resilient For Dividend Investors 

Thomas Hughes

Levi Strauss (NYSE: LEVI) proved the power of omnichannel business and the shift of direct-to-consumer sales once again. The company not only managed to outperform in Q2 but it reaffirmed its guidance which is about the best we can expect for this reporting season.

NYSE:LEVI
Read Levi Strauss Proves Resilient For Dividend Investors 
Three Cheap Stocks The Insiders Are Buying 
July 7, 2022 10:00 AM ET

Three Cheap Stocks The Insiders Are Buying 

Thomas Hughes

While insider buying is no guarantee for higher share prices it is certainly an indication of optimism and value in a stock. This is why we like to scope out the insider-buying data, it’s a valuable source for trading ideas.

NYSE:OXYNASDAQ:CVNANASDAQ:WBD
Read Three Cheap Stocks The Insiders Are Buying