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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 88

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 
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 
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 
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
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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
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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
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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.

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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
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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
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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
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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
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Don’t Rush Out To Buy G-III Apparel 
June 7, 2022 6:30 AM ET

Don’t Rush Out To Buy G-III Apparel 

Thomas Hughes

G-III Apparel (NASDAQ: GIII) had a great Q1 but we see enormous risk in the outlook. While the company is well-positioned as a DTC and eCommerce merchant it is also heavily exposed to the wholesale market. After Target’s recent warning, we see a very large chance that orders for wholesale items will slow, and that will have an impact on both the top and bottom lines.

NASDAQ:GIII
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Target’s Warning Is Dire News For The S&P 500 
June 7, 2022 6:00 AM ET

Target’s Warning Is Dire News For The S&P 500 

Thomas Hughes

After, oh, a year or so of aggressively working to mitigate supply chain and inventory problems Target (NYSE: TGT) has a new problem. The company is now sitting on record levels of inventory and it is growing which has led the company to work aggressively in the opposite direction.

NYSE:TGT
Read Target’s Warning Is Dire News For The S&P 500 
Two Consumer Staples With Bright Outlook For Dark Times 
June 7, 2022 3:00 AM ET

Two Consumer Staples With Bright Outlook For Dark Times 

Thomas Hughes

We like the Consumer Staples sector there is no secret about that. The sector offers steady revenue and earnings growth, reliable dividends, and very often distribution growth that comes with decades of history to back it up. In today’s times, with inflation on the rise and the threat of recession growing, these kinds of stocks are more attractive than ever and are getting attention from analysts.

NYSE:KONYSE:KMB
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Ryder System, Inc: The Most Interesting Play In Logistics 
June 6, 2022 9:00 AM ET

Ryder System, Inc: The Most Interesting Play In Logistics 

Thomas Hughes

Ryder System, Inc (NYSE: R) may be the most interesting plays in logistics today. Not only is the company operating in what we view as the three most important segments of the industry but it is grossly undervalued and pays a high yield for the industry.

NYSE:R
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This Isn’t A Buyable Bottom For Stocks 
June 6, 2022 6:00 AM ET

This Isn’t A Buyable Bottom For Stocks 

Thomas Hughes

Equity markets hit a bottom a few weeks ago but we would not call it a buyable bottom. There are numerous risks facing today's market that have so clouded the outlook that buying “the bottom” now is a pure gamble.

NYSEARCA:SPY
Read This Isn’t A Buyable Bottom For Stocks 
Insiders And Institutions Drive Consolidated Edison To New Highs 
June 5, 2022 11:00 PM ET

Insiders And Institutions Drive Consolidated Edison To New Highs 

Thomas Hughes

The insider activity in Consolidated Edison (NYSE: ED) is mixed to be sure but, in our view, heavily tilted in favor of shareholders. While the net of activity is overwhelmingly bearish that is due to a single transaction. Director John McAvoy sold $6.327 million worth of the shares back in February but this is not the detail we are focused on.

NYSE:ED
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Don’t Bet On A Bounce For RH 
June 3, 2022 4:05 AM ET

Don’t Bet On A Bounce For RH 

Thomas Hughes

RH (NYSE: RH) was one of the first companies to warn the market about inflationary and supply chain hiccups and, as such, we expect to see give some of the earliest insight into what to expect over the summer. As dubious as the company’s bellwether status may be, the message we are getting from the report is not good.

NYSE:RH
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Hormel Foods Sends A Message To The Market 
June 3, 2022 12:00 AM ET

Hormel Foods Sends A Message To The Market 

Thomas Hughes

Hormel Foods (NYSE: HRL) did not have a bad quarter or even give poor guidance but the Q2 results are a message for the market. Not only is inflation cutting into volume sales and profits but even higher prices are on the way for US consumers.

NYSE:HRL
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PVH Corp. Looks Sharp For A Major Reversal 
June 2, 2022 9:00 AM ET

PVH Corp. Looks Sharp For A Major Reversal 

Thomas Hughes

We were not surprised to see PVH Corp. (NYSE: PVH) post strong results and guidance, not after competitor Ralph Lauren did the same. The two share a few traits common among today’s retail winners including brands that resonate, a focus on eCommerce, and DTC sales that are not tied to indoor malls.

NYSE:PVH
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