Free Trial

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 88

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 
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 
The Institutions Get Comfortable With The Lovesac Company
July 5, 2022 10:00 AM ET

The Institutions Get Comfortable With The Lovesac Company

Thomas Hughes

The institutions bet big on The Lovesac Company (NASDAQ: LOVE) late in 2021 and they’ve double-down on their holdings in the time since. When we last reported on the institutional activity, the institutions had been net buyers for 8 consecutive quarters and held about 96% of the stock.

NASDAQ:LOVE
Read The Institutions Get Comfortable With The Lovesac Company
Basset Furniture Quietly Proves Its Value 
July 5, 2022 7:00 AM ET

Basset Furniture Quietly Proves Its Value 

Thomas Hughes

The entire furniture industry has been in a correction and Basset Furniture (NASDAQ: BSET) was not immune. The correction was driven by historically high valuations, fear of slowing growth, peak-rebound, and a round of COVID-related shutdowns that had manufacturing in key hubs at a standstill.

NASDAQ:BSET
Read Basset Furniture Quietly Proves Its Value 
Earnings Revisions: Why You Shouldn’t Count On A Rebound In Stocks ... Yet
July 5, 2022 6:00 AM ET

Earnings Revisions: Why You Shouldn’t Count On A Rebound In Stocks ... Yet

Thomas Hughes

The only thing certain about the S&P 500 (NYSEARCA: SPY) is that its value is based on the expectation of future earnings. In that light, an increase in the expectations for earnings should lift the market and a decline should make it fall.

NYSEARCA:SPY
Read Earnings Revisions: Why You Shouldn’t Count On A Rebound In Stocks ... Yet
PetVivo Holdings Is A Growth Stock Worth a Look
July 5, 2022 2:00 AM ET

PetVivo Holdings Is A Growth Stock Worth a Look

Thomas Hughes

The market conditions aren’t screaming “buy growth stocks now” at us but that doesn’t mean all growth stocks, like PetVivo (OTCMKTS: PETV), are or will suffer the same afflictions. PetVivo caught our attention because of two things; its market and a new deal to market its lead therapy.

OTCMKTS:PETV
Read PetVivo Holdings Is A Growth Stock Worth a Look
Two Pet Health Stocks To Watch And One To Avoid 
July 5, 2022 2:00 AM ET

Two Pet Health Stocks To Watch And One To Avoid 

Thomas Hughes

Growth stocks have been getting pummeled this year due to fears of slowing growth, tightening margins, and recession but in some cases, the baby is getting tossed out with the bathwater. In this case, it’s more like the puppies and kittens are getting tossed out with the bathwater but the meaning is the same.

NASDAQ:WOOFNASDAQ:CHWYNASDAQ:PETS
Read Two Pet Health Stocks To Watch And One To Avoid 
Three (3) Top-Rated Dividend Payers Worth Your Attention
July 5, 2022 1:00 AM ET

Three (3) Top-Rated Dividend Payers Worth Your Attention

Thomas Hughes

If you are positioning yourself for the second half of 2022 and for 2023 we urge quality over quantity. While not all segments and industries are in peril, it is also true that not all companies within well-positioned groups will do well.

NYSE:VACNASDAQ:IIPRNYSE:SHEL
Read Three (3) Top-Rated Dividend Payers Worth Your Attention
Institutional Support For KB Home Remains High 
July 5, 2022 12:00 AM ET

Institutional Support For KB Home Remains High 

Thomas Hughes

We highlighted KB Home (NYSE: KBH) earlier this year when it became apparent the institutions had put a bottom in the stock. While the market for KB Home has since moved down to a new low, the institutional support remains high and suggests a rebound is in the works.

NYSE:KBH
Read Institutional Support For KB Home Remains High 
Accolade Moves Higher But Growth Is Slowing 
July 1, 2022 7:01 AM ET

Accolade Moves Higher But Growth Is Slowing 

Thomas Hughes

Accolade (NASDAQ: ACCD) is certainly an interesting play on the health care space providing business and employee services geared toward helping clients navigate the cumbersome health benefits arena. The pandemic helped boost the company’s business and has on track to continue growing but there is a fly in the ointment.

NASDAQ:ACCD
Read Accolade Moves Higher But Growth Is Slowing