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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 87

A Tasty Entry Point Into Darden Restaurants International 
June 23, 2022 7:25 AM ET

A Tasty Entry Point Into Darden Restaurants International 

Thomas Hughes

Darden Restaurants International (NYSE: DRI) and the entire sit-down restaurant industry have had a hard time with the reopening recovery. Not only did stay-at-home trends and social distancing keep traffic away longer than with other industries but rising costs and labor shortages cut deeply into the top and bottom-line results.

NYSE:DRI
Read A Tasty Entry Point Into Darden Restaurants International 
Korn Ferry Is A Good Buy For The Recession And Beyond 
June 22, 2022 7:02 AM ET

Korn Ferry Is A Good Buy For The Recession And Beyond 

Thomas Hughes

Korn Ferry (NYSE: KFY) is living proof that labor trends are strong and supported by robust tailwinds. The company’s positioning as an outsourcing/consulting/hiring firm has it well-positioned to benefit from these trends.

NYSE:KFY
Read Korn Ferry Is A Good Buy For The Recession And Beyond 
The Rebound In Winnabego Is On 
June 22, 2022 7:00 AM ET

The Rebound In Winnabego Is On 

Thomas Hughes

Whether you believe a recession is coming is irrelevant, at least in the case of Winnebago (NYSE: WGO). The company’s branding, quality, and industry trends have it on a path of outperformance that could easily last into the end of 2023.

NYSE:WGO
Read The Rebound In Winnabego Is On 
ABM Industries, A Clean Play For Dirty Economic Times 
June 21, 2022 6:05 AM ET

ABM Industries, A Clean Play For Dirty Economic Times 

Thomas Hughes

ABM Industries (NYSE: ABM) is a ho-hum name among stocks but one of the cleanest plays for these dirty economic times. The company provides a variety of facility solutions that include janitorial, electrical, custodial, and groundskeeping among others, services that should remain in high demand despite the economic uncertainty.

NYSE:ABMNASDAQ:SRCLNASDAQ:CTAS
Read ABM Industries, A Clean Play For Dirty Economic Times 
This Still Isn’t A Buyable Bottom For Stocks 
June 21, 2022 6:05 AM ET

This Still Isn’t A Buyable Bottom For Stocks 

Thomas Hughes

Equities began the week with a strong bounce and the S&P 500 (NYSEARCA: SPY) gained more than 2.6% by midday. As strong as the bounce looks, however, we still don’t think this is the buyable bottom. While there is some indication that a bottom may form during the Q2 reporting season that season is still a few weeks away and there is great risk in the outlook.

NYSEARCA:SPY
Read This Still Isn’t A Buyable Bottom For Stocks 
Don’t Get Too Bullish On Lennar Even Though It’s A Good Buy 
June 21, 2022 4:05 AM ET

Don’t Get Too Bullish On Lennar Even Though It’s A Good Buy 

Thomas Hughes

Lennar (NYSE: LEN) reported a fantastic 2nd quarter but there are signs with the report that makes us think we’ve reached a peak in the housing market. The company’s New Orders and Backlog suggest that not only are sales slowing under the weight of rising prices and higher interest rates but the company’s ability to meet the demand is also flagging.

NYSE:LEN
Read Don’t Get Too Bullish On Lennar Even Though It’s A Good Buy 
Two Defensive Stocks To Get Aggressive With 
June 21, 2022 4:05 AM ET

Two Defensive Stocks To Get Aggressive With 

Thomas Hughes

There is so much uncertainty in the air the only thing we can be certain of is the economic conditions will not be the same this fall as they were last fall. If supply chain improvements materialize if inflation gets under control if job growth continues the market will rebound and end the year at or above where it began in 2022.

NYSEARCA:SPYNYSE:KNYSE:CHD
Read Two Defensive Stocks To Get Aggressive With 
Cracks Form In Adobe’s Growth Outlook
June 21, 2022 2:00 AM ET

Cracks Form In Adobe’s Growth Outlook

Thomas Hughes

The 27 analysts covering Adobe (NASDAQ: ADBE) still rate it a solid Buy but we don't think now is the time to start buying. While the Buy rating has held firm over the last year the Marketbeat.com consensus price target is slipping.

NASDAQ:ADBE
Read Cracks Form In Adobe’s Growth Outlook
Two High Yields The Insiders Are Buying 
June 21, 2022 1:00 AM ET

Two High Yields The Insiders Are Buying 

Thomas Hughes

The market has been in a major correction driven by mounting fear of recession, margin compression, and earnings growth slowdown but, in many cases, the baby has been thrown out with the bathwater.

NYSE:XRXNASDAQ:BBY
Read Two High Yields The Insiders Are Buying 
What To Buy Before The Q2 Earnings Season Kicks Off 
June 21, 2022 12:00 AM ET

What To Buy Before The Q2 Earnings Season Kicks Off 

Thomas Hughes

The outlook for the Q2 earnings reporting season is about as cloudy as it could be. Between uncertain supply chain improvement, wildly out-of-control inflation, rising energy prices, and an aggressive FOMC there is a real chance the season could be a bloodbath. Within

NYSE:XOMNYSE:CVXNYSE:DVN
Read What To Buy Before The Q2 Earnings Season Kicks Off 
Target Is The Most Downgraded Stock You Can Buy Now 
June 21, 2022 12:00 AM ET

Target Is The Most Downgraded Stock You Can Buy Now 

Thomas Hughes

When Target (NYSE: TGT) warned the market its Q2 earnings could fall short it was dire news for the market. The idea that inventories were bloating, sales were slowing, and a new era of discounting is upon us can only mean one thing; tighter margins.

NYSE:TGT
Read Target Is The Most Downgraded Stock You Can Buy Now 
Ride Out The Recession With These Dividend Kings 
June 18, 2022 1:00 AM ET

Ride Out The Recession With These Dividend Kings 

Thomas Hughes

Recession or not, Dividend Kings have a proven track record of success that includes over 50 years of consecutive distribution increases. This tells us management has the foresight to run their companies profitably in both good times and bad. The stocks on our list today are not only Dividend Kings but also Consumer Staples, the sector we most want to be in during an economic downturn.

NYSE:PGNYSE:HRL
Read Ride Out The Recession With These Dividend Kings 
The Analysts Upgrade… Retail Stocks? 
June 17, 2022 12:00 AM ET

The Analysts Upgrade… Retail Stocks? 

Thomas Hughes

There is carnage in the retail sector to be sure but not all within it are suffering. Be it branding, positioning, DTC sales, or a combination of all three some in the retail world are set up to outperform in the coming year. The three stocks we’re focused on today have all recently reported earnings, all beaten their expectations, and all are getting attention from the analysts.

NYSE:DGNASDAQ:AZONASDAQ:ULTA
Read The Analysts Upgrade… Retail Stocks? 
The Q2 Earnings Season Could Be A Bloodbath 
June 16, 2022 9:00 AM ET

The Q2 Earnings Season Could Be A Bloodbath 

Thomas Hughes

If the latest news from Revlon (NYSE: REV) is any indication of what to expect from the Q2 earnings reporting season we just got really scared. We’ve been worried about the season for a number of reasons that all come down to earnings.

NYSEARCA:SPY
Read The Q2 Earnings Season Could Be A Bloodbath 
The Institutions Turn The Tide For Jabil
June 16, 2022 7:00 AM ET

The Institutions Turn The Tide For Jabil

Thomas Hughes

Jabil (NYSE: JBL) has been a top pick for the post-pandemic world and it still is. Although the stock has been trapped in a trading range over the last 9 months, the bias in the outlook is decidedly upward and there is a new catalyst to drive the action.

NYSE:JBL
Read The Institutions Turn The Tide For Jabil
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! 
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?
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
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 
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