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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 86

Commercial Metals Company Is Ready To Rebound 
June 16, 2022 7:00 AM ET

Commercial Metals Company Is Ready To Rebound 

Thomas Hughes

Commercial Metals Company (NYSE: CMC) was not immune to the correction that swept the market this year. A mounting fear of slowing business, tightening margins, and earnings weakness drove shares to a 25% decline but that move is over.

NYSE:CMC
Read Commercial Metals Company Is Ready To Rebound 
A Game-Changing Deal For Blink Charging 
June 16, 2022 2:00 AM ET

A Game-Changing Deal For Blink Charging 

Thomas Hughes

Blink Charging (NASDAQ: BLNK) just announced a deal to acquire SemaConnect for $200 million. This deal is a game-changing move for the company as it not only adds roughly 30% more charging stations to the network, it adds another 150,000 EV driver members to the network and has the company well set up to aid the Biden Administration.

NASDAQ:BLNK
Read A Game-Changing Deal For Blink Charging 
The Insiders Are Selling Chevron But You Shouldn’t 
June 15, 2022 9:00 AM ET

The Insiders Are Selling Chevron But You Shouldn’t 

Thomas Hughes

The insiders have been shedding shares of Chevron (NYSE: CVX) since Q4 of 2021 and their activity is gaining momentum. This might be a red flag if not for the fact insiders only own about 0.31% of the company, shares of CVX are trading at the highest levels ever, and oil prices are still on the rise.

NYSE:CVX
Read The Insiders Are Selling Chevron But You Shouldn’t 
Two Retailers The Analysts Are Buying 
June 15, 2022 8:00 AM ET

Two Retailers The Analysts Are Buying 

Thomas Hughes

The retail sector has had a hard time of it the last few months but now there are some opportunities emerging. Companies like Skechers (NYSE: SKX) and G-III Apparel (NASDAQ: GIII) corrected more than 35% on mounting fears of narrowing margins and slowing sales but those fears were misplaced.

NASDAQ:SKXNASDAQ:GIII
Read Two Retailers The Analysts Are Buying 
Under-The-Radar RF Industries Is A Steal At These Prices 
June 15, 2022 7:00 AM ET

Under-The-Radar RF Industries Is A Steal At These Prices 

Thomas Hughes

RF Industries (NASDAQ: RFIL) has been a sleeper play on 5G for some time but that play is waking up. The company just announced a new order from a new client they describe as a “North American Wireless Carrier” whose working on building out its 4G/5G infrastructure.

NASDAQ:RFIL
Read Under-The-Radar RF Industries Is A Steal At These Prices 
Insiders Sell Tractor Supply Company, Oh No! 
June 15, 2022 4:05 AM ET

Insiders Sell Tractor Supply Company, Oh No! 

Thomas Hughes

If you are worried about recent insider sales at Tractor Supply Company (NASDAQ: TSCO) don’t be. The insiders don’t hold enough of the shares to really matter and everybody else is buying. While insider sales are concerning, what we’re seeing at Tractor Supply Company smacks of share-based compensation more than anything else.

NASDAQ:TSCO
Read Insiders Sell Tractor Supply Company, Oh No! 
The Zedge Hypergrowth Story Is Played Out
June 14, 2022 6:05 AM ET

The Zedge Hypergrowth Story Is Played Out

Thomas Hughes

Zedge (NASDAQ: ZDGE) was an interesting play on tech back in the days of cheap debt and economic stimulus but those days are over. Looking at this stock from our new perspective, debt is getting more and more expensive, and the business is ultra-exposed to consumer trends.

NASDAQ:ZDGE
Read The Zedge Hypergrowth Story Is Played Out
Is This A Buyable Bottom For Braze, Inc Shares?
June 14, 2022 6:05 AM ET

Is This A Buyable Bottom For Braze, Inc Shares?

Thomas Hughes

Braze, Inc's (NASDAQ: BRZE) Q1 results are another indication a bottom may be forming for cloud stocks. The caveat is that while a bottom may be forming, we are still not counting on a major rebound for the sector and are hesitant to commit new capital.

NASDAQ:BRZE
Read Is This A Buyable Bottom For Braze, Inc Shares?
Don’t Read Too Much Into Oracle’s Great Results 
June 14, 2022 4:05 AM ET

Don’t Read Too Much Into Oracle’s Great Results 

Thomas Hughes

Oracle’s (NASDAQ: ORCL) Q4 results were fantastic and indicate a bottom is in for the stock. This news is being hailed across the cloud-computing industry as the sign of a broader bottom but we don’t think you should read too much into the news.

NASDAQ:ORCL
Read Don’t Read Too Much Into Oracle’s Great Results 
The Institutional Tide In Five Below Is Turning 
June 14, 2022 2:00 AM ET

The Institutional Tide In Five Below Is Turning 

Thomas Hughes

The institutional activity in Five Below (NASDAQ: FIVE) has been vigorous over the past year and reaching a crescendo in Q2 2022. The gross activity over the past year is worth $4.18 billion in shares which is worth nearly 60% of the current market cap but don’t read too much into it.

NASDAQ:FIVE
Read The Institutional Tide In Five Below Is Turning 
Where Are Interest Rates Going This Year? A Lot Higher 
June 13, 2022 4:05 AM ET

Where Are Interest Rates Going This Year? A Lot Higher 

Thomas Hughes

If you are wondering where interest rates (NASDAQ: IEF) are going this year or how high they might go the best answers we can give is a lot higher. Not only is the FOMC poised to begin aggressively hiking rates this week but the fundamental conditions driving their actions are gaining momentum.

NASDAQ:IEFNYSEARCA:USO
Read Where Are Interest Rates Going This Year? A Lot Higher 
The Analysts Rip The Seams Out Of Stitch Fix 
June 13, 2022 4:05 AM ET

The Analysts Rip The Seams Out Of Stitch Fix 

Thomas Hughes

Stitch Fix (NASDAQ: SFIX) has been an interesting growth story but one that is coming apart at the seams. The pandemic, the stimulus, and the channel shift to eCommerce that ensued helped to extend the company’s track record but ultimately set it up for an even bigger fall.

NASDAQ:SFIX
Read The Analysts Rip The Seams Out Of Stitch Fix 
Three Upgrades You Need To Pay Attention Too 
June 11, 2022 3:00 AM ET

Three Upgrades You Need To Pay Attention Too 

Thomas Hughes

The times, they are a-changing, and that means you’re investing strategy needs to change with it. While the analysts are downgrading and lowering price targets left and right due to inflation fears and the growing threat of recession that is not all the activity we’re spotting.

NASDAQ:KHCNYSE:FCXNASDAQ:OLLI
Read Three Upgrades You Need To Pay Attention Too 
Campbell Soup Company Is Why Staples Stocks Will Outperform 
June 10, 2022 2:00 AM ET

Campbell Soup Company Is Why Staples Stocks Will Outperform 

Thomas Hughes

The Q3 report from Campbell Soup Company (NYSE: CPB) is a good reason why the Consumer Staples Stocks will outperform over the next 12 to 24 months. The key takeaway from the report is that inflation is still rising but the company has been able to mitigate the impact.

NYSE:CPB
Read Campbell Soup Company Is Why Staples Stocks Will Outperform 
The Institutions Are Rotating Into Olli’s Bargain Outlet 
June 9, 2022 9:00 AM ET

The Institutions Are Rotating Into Olli’s Bargain Outlet 

Thomas Hughes

Ollies Bargain Outlet (NASDAQ: OLLI) is one of the better-positioned discount chains so we’re not surprised to see the institutions rotating into the stock. The institutional activity has been mixed on a quarter to quarter basis over the last year or so but net bullish in the amount of $0.269 billion.

NASDAQ:OLLINASDAQ:COSTNYSE:TGT
Read The Institutions Are Rotating Into Olli’s Bargain Outlet 
Inflation, An Economic Winter Is Approaching 
June 9, 2022 7:00 AM ET

Inflation, An Economic Winter Is Approaching 

Thomas Hughes

It doesn’t matter if the May CPI data is hot or not, if it shows a peak or not, because high inflation is here to stay for a while and it may even accelerate in the back half of the year. The FOMC, the agency in charge of economic conditions ie inflation has been wrong about it from the get-go and is so far behind the curve it scares us to think about what may happen over the next few years.

NYSEARCA:SPY
Read Inflation, An Economic Winter Is Approaching 
Microcap Oil-Dri Corporation Is A Buy For Income Investors
June 9, 2022 7:00 AM ET

Microcap Oil-Dri Corporation Is A Buy For Income Investors

Thomas Hughes

We’ve liked Oil-Dri Corporation (NYSE: ODC) as a small-cap dividend payer for a long time and the value has only gotten better. The company’s margins took a hit over the past year that helped drive the share price to the lowest level in 7 years and margins are on the mend.

NYSE:ODC
Read Microcap Oil-Dri Corporation Is A Buy For Income Investors
Is It Too Late For Energy Stocks? 
June 9, 2022 4:05 AM ET

Is It Too Late For Energy Stocks? 

Thomas Hughes

If you are wondering about oil prices, the energy market, and whether it's too late to buy Energy Stocks (NYSEARCA: XLE) we’re here to tell you no. Absolutely not. There are too many fundamentally bullish factors at play that we see Energy Stocks leading the market for the next few quarters.

NYSEARCA:XLENYSE:XOMNYSE:CVX
Read Is It Too Late For Energy Stocks? 
It’s Time To Get Interested In Ethereum Again
June 9, 2022 12:00 AM ET

It’s Time To Get Interested In Ethereum Again

Thomas Hughes

The Winklevoss twins are cutting the staff at Gemini and say crypto winter is upon us. With the price of Ethereum (Cryptocurrency: ETH) down more than 60% from the recent high it certainly looks like that is the case.

Read It’s Time To Get Interested In Ethereum Again
It’s Time To Grab The Lovesac Company By The Shorts 
June 8, 2022 5:05 AM ET

It’s Time To Grab The Lovesac Company By The Shorts 

Thomas Hughes

The Lovesac Company (NASDAQ: LOVE) has been in a downtrend since early in 2021 driven by fears of slowing growth, diminishing tailwinds, and supply chain issues, and those fears were misplaced. The Q1 2023 results are so strong as to make us believe the analysts haven’t been paying attention and, to be fair, they really haven’t.

NASDAQ:LOVE
Read It’s Time To Grab The Lovesac Company By The Shorts 
Lightning Strikes For Thor Industries 
June 8, 2022 4:05 AM ET

Lightning Strikes For Thor Industries 

Thomas Hughes

Thor Industries (NYSE: THO) has been a leader in the RV industry since well before the pandemic began and it has only cemented its position in the time since. The Q3 results prove that pandemic tailwinds continue to blow for this company and have it set up for at least another year of record-setting results.

NYSE:THO
Read Lightning Strikes For Thor Industries 
The Insiders And Analysts Buy Academy Sports + Outdoors 
June 8, 2022 4:00 AM ET

The Insiders And Analysts Buy Academy Sports + Outdoors 

Thomas Hughes

The insiders have been buying Academy Sports + Outdoors (NASDAQ: ASO) this year but don’t read too much into that statement. Three insiders including two directors and one CEO made purchases in Q1 and Q2 that amount to less than 0.5% of the market cap at today’s prices.

NASDAQ:ASO
Read The Insiders And Analysts Buy Academy Sports + Outdoors 
It’s Time To PLAY With Dave & Buster’s
June 7, 2022 8:00 AM ET

It’s Time To PLAY With Dave & Buster’s

Thomas Hughes

After a year of uncertainty, it looks like the Dave & Buster’s Entertainment (NASDAQ: PLAY) recovery is gaining momentum. The company reported revenue total revenue and comps well above the 2019 levels which bring us to an important point.

NASDAQ:PLAY
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It’s A Sweet Time To Buy The J.M. Smucker Co. 
June 7, 2022 7:00 AM ET

It’s A Sweet Time To Buy The J.M. Smucker Co. 

Thomas Hughes

The price action in The J.M. Smucker Co. (NYSE: SJM) has been volatile over the past few years but there is a key takeaway in the chart. The price action began an uptrend well before the pandemic set in and the post-pandemic action has only confirmed that trend.

NYSE:SJM
Read It’s A Sweet Time To Buy The J.M. Smucker Co. 
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