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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 87

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
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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
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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
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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 
Is Roblox A Good Play For The 2nd Half
July 7, 2022 9:15 AM ET

Is Roblox A Good Play For The 2nd Half

Thomas Hughes

We recently saw some coverage of Roblox (NASDAQ: RBLX) that led us to believe it could be a great play for the 2nd half. The story suggested a recent pop in share prices was due to increased retail chatter that may lead to a short-squeeze, it even suggested Roblox could be a meme stock but we don't think so.

NASDAQ:RBLX
Read Is Roblox A Good Play For The 2nd Half
Helen Of Troy Is What We Fear Most About Q2 Earnings 
July 7, 2022 7:00 AM ET

Helen Of Troy Is What We Fear Most About Q2 Earnings 

Thomas Hughes

Helen of Troy (NASDAQ: HELE) had a strong quarter in Q2 but the results and guidance are what we fear most about the Q2 earnings reporting cycle. Not only were the results boosted by businesses and consumers trying to front-run inflation but the guidance is terrifying.

NASDAQ:HELE
Read Helen Of Troy Is What We Fear Most About Q2 Earnings 
Will Samsung Results Put A Bottom In Chip Stocks?
July 7, 2022 7:00 AM ET

Will Samsung Results Put A Bottom In Chip Stocks?

Thomas Hughes

Samsung (OTC: SSNLF) reported a mixed quarter but details within the report are lifting the chip sector. While the news may have sparked a near-term bottom we’re not sure it will stick. The company reported a stronger-than-expected demand for memory chips which is good news but the demand was limited to cloud and server applications.

NASDAQ:MU
Read Will Samsung Results Put A Bottom In Chip Stocks?
The Sell-Off In Kornit Digital May Set Up A 2nd Half Opportunity
July 7, 2022 12:00 AM ET

The Sell-Off In Kornit Digital May Set Up A 2nd Half Opportunity

Thomas Hughes

Kornit (NASDAQ: KRNT) appeared to be perfectly set up for the times but the times changed too quickly and that story is played. The company manufactures, markets, and services a range of digital printing applications for the textile and packaging industry.

NASDAQ:KRNT
Read The Sell-Off In Kornit Digital May Set Up A 2nd Half Opportunity
Recession Resistant Grocery Outlet Holding Corp Quietly Sets New High
July 6, 2022 9:00 AM ET

Recession Resistant Grocery Outlet Holding Corp Quietly Sets New High

Thomas Hughes

If you are waiting for a pullback in Grocery Outlet Holding Corp (NASDAQ: GO) you may be in for a disappointment. While the stock is trading at a very high valuation for today’s times it is among the most perfectly positioned growth stocks we can think of.

NASDAQ:GO
Read Recession Resistant Grocery Outlet Holding Corp Quietly Sets New High
It’s Not Too Late For These Undervalued Energy Stocks 
July 6, 2022 8:00 AM ET

It’s Not Too Late For These Undervalued Energy Stocks 

Thomas Hughes

The energy market has been in a correction along with the broader market-driven by fears of recession. While the fear of recession is not misplaced, the idea that oil prices are going to fall back anywhere the prepandemic level, or that demand will take a deep dive, is.

TSE:SUNYSE:VLO
Read It’s Not Too Late For These Undervalued Energy Stocks 
Three Cheap Stocks That Just Got Upgraded 
July 6, 2022 7:00 AM ET

Three Cheap Stocks That Just Got Upgraded 

Thomas Hughes

Now that the S&P 500 (NYSEARCA: SPY) has corrected about 20% the stock market is starting to look cheap again. While we think the broad market still has a ways to go before hitting bottom there are some stocks and sectors garnering attention from the analyst.

NYSE:RKTNYSE:AOSNASDAQ:MERC
Read Three Cheap Stocks That Just Got Upgraded 
Get Defensive With These Three Upgrades 
July 6, 2022 1:00 AM ET

Get Defensive With These Three Upgrades 

Thomas Hughes

Oh, the times, they are a-changing. Not only is the outlook for S&P 500 earnings growth diminishing but the analyst are becoming more defensive by the day. The latest round of commentaries contains no few downgrades and price target reductions but there are some rays of light for investors

NYSE:DGNYSE:ARNASDAQ:CROX
Read Get Defensive With These Three Upgrades