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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 90

Two Retailers, One To Buy And One To Avoid 
May 25, 2022 4:05 AM ET

Two Retailers, One To Buy And One To Avoid 

Thomas Hughes

Retail, especially apparel, is one of the hardest sectors to invest in because it can be, in many cases, among the hardest industries to profit in and that is increasingly true in the post-pandemic environment. While Abercrombie & Fitch (NYSE: ANF) has the brand recognition it needs to succeed, it doesn’t resonate with customers the way Ralph Lauren (NYSE: RL) does and there is a bigger problem.

NYSE:RLNYSE:ANF
Read Two Retailers, One To Buy And One To Avoid 
Zoom Video Communications Is Primed To Launch Higher 
May 24, 2022 9:00 AM ET

Zoom Video Communications Is Primed To Launch Higher 

Thomas Hughes

Shares of Zoom Video Communication (NASDAQ: ZM) have done little more than move lower since hitting the pandemic peak way back in 2020 but the selling may be over. The stock is finally trading at a more reasonable if still above-the-market-average 25X its earnings and outperforming at all levels.

NASDAQ:ZM
Read Zoom Video Communications Is Primed To Launch Higher 
Institutions Buy The Dip In Petco Health and Wellness Company 
May 24, 2022 8:00 AM ET

Institutions Buy The Dip In Petco Health and Wellness Company 

Thomas Hughes

The price action in Petco Health and Wellness Company (NASDAQ: WOOF) has been ratcheting lower ever since the IPO two years ago. The takeaway, however, is that institutional activity has been net bullish the entire time and the activity is picking up once again.

NASDAQ:WOOF
Read Institutions Buy The Dip In Petco Health and Wellness Company 
Autozone Edges Past Advanced Auto Parts In Q1 2022
May 24, 2022 7:00 AM ET

Autozone Edges Past Advanced Auto Parts In Q1 2022

Thomas Hughes

With the average age of U.S. cars on the road reaching new highs, it is no surprise that auto parts dealers are doing well. While both Advance Autoparts (NYSE: AAP) and Autozone (NYSE: AZO) put in strong quarters, the results make it clear which is the better buy.

NYSE:AZONYSE:AAP
Read Autozone Edges Past Advanced Auto Parts In Q1 2022
Two Stocks You Shouldn’t Buy On Post-Earnings Weakness 
May 24, 2022 4:05 AM ET

Two Stocks You Shouldn’t Buy On Post-Earnings Weakness 

Thomas Hughes

Price weakness, particularly post-earnings release price weakness in what is otherwise a good, healthy company is often a good time to buy stock. The problem is that all too often bottom-fishing turns into a loss that could have otherwise been avoided.

NYSE:DENASDAQ:ROST
Read Two Stocks You Shouldn’t Buy On Post-Earnings Weakness 
Stock Market Downgrades Are Dragging The S&P 500 Lower 
May 23, 2022 6:05 AM ET

Stock Market Downgrades Are Dragging The S&P 500 Lower 

Thomas Hughes

It is no secret that equities have increased pressure due to tightening margins. While the split between companies is about 50/50 in terms of how many S&P 500 companies (NYSEARCA: SPY) could widen their margin the net result was 30 basis points of shrinkage.

NYSEARCA:SPY
Read Stock Market Downgrades Are Dragging The S&P 500 Lower 
Palo Alto Networks Bottoms But A Rebound May Not Be Coming 
May 23, 2022 6:05 AM ET

Palo Alto Networks Bottoms But A Rebound May Not Be Coming 

Thomas Hughes

Palo Alto Networks (NASDAQ: PANW) had such a good quarter the results are lifting the entire cybersecurity industry. The problem for us is the results aren’t that strong, the growth is largely priced into the market, and trading at over 65X its earnings it is one expensive stock to own.

NASDAQ:PANW
Read Palo Alto Networks Bottoms But A Rebound May Not Be Coming 
The Institutions Go Long Saia, Inc In Q2 
May 23, 2022 6:00 AM ET

The Institutions Go Long Saia, Inc In Q2 

Thomas Hughes

The institutional activity in Saia, Inc (NASDAQ: SAIA) has been vigorous over the past year but largely balanced between the bulls and the bears. The net of activity is $0.07 billion in outflows which is bearish but only mildly so. The takeaway is that institutional activity is running near 100% for this company and has stayed that way for quite some time.

NASDAQ:SAIA
Read The Institutions Go Long Saia, Inc In Q2 
3 Retailers That Defied First Quarter Headwinds 
May 20, 2022 6:00 AM ET

3 Retailers That Defied First Quarter Headwinds 

Thomas Hughes

The takeaway from Q1 earnings for the retailers (NYSEARCA: XRT) is slowing growth and margin compression. Those factors have the sector down across verticals but not all retailers are feeling the same pain.

FCNYSE:FLNYSE:VFCTSE:GOOS
Read 3 Retailers That Defied First Quarter Headwinds 
Lowe’s Companies Has Not Bottomed 
May 20, 2022 1:00 AM ET

Lowe’s Companies Has Not Bottomed 

Thomas Hughes

Lowe’s (NYSE: LOW) moved lower on the heels of its Q1 earnings report and we don’t think the move is over. While price action is rebounding the day after the report was released we are viewing it as a dead cat bounce, at least for now.

NYSE:LOW
Read Lowe’s Companies Has Not Bottomed 
The Institutional Tide Has Turned For Cisco Systems 
May 19, 2022 10:00 AM ET

The Institutional Tide Has Turned For Cisco Systems 

Thomas Hughes

After 10 quarters of net buying, the institutional tide driving Cisco Systems' (NASDAQ: CSCO) price action has turned. The institutions have been, so far in Q2, net-sellers and responsible in large part for the recent decline in share prices.

NASDAQ:CSCO
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Don’t Bet On Cheaper Oil, Not Yet Anway 
May 19, 2022 8:00 AM ET

Don’t Bet On Cheaper Oil, Not Yet Anway 

Thomas Hughes

The price for WTI (NYSE: USO) has been trending sideways over the past few months as traders, speculators, hedge funds, and users of oil wrestle with a rapidly changing environment. While the price action has been moving lower over the past few days, we don’t think a top has been reached in this market.

NYSE:USO
Read Don’t Bet On Cheaper Oil, Not Yet Anway 
A Reversal In The S&P 500 Is Confirmed 
May 19, 2022 6:00 AM ET

A Reversal In The S&P 500 Is Confirmed 

Thomas Hughes

We recently saw a headline that made us ask “what?!?” because it said an uptrend in the S&P 500 (NYSEARCA: SPY) had been confirmed. Our take on the market is that not only has the near-term downtrend in the S&P 500 been confirmed but that a major reversal in the market has been confirmed as well.

NYSEARCA:SPY
Read A Reversal In The S&P 500 Is Confirmed 
The TJX Companies: It’s Not All Doom And Gloom In Retail 
May 19, 2022 1:00 AM ET

The TJX Companies: It’s Not All Doom And Gloom In Retail 

Thomas Hughes

The TJX Companies (NYSE: TJX) proves that it is not all doom and gloom in the retail sector. While the front-line retailers like Target and Walmart are struggling with growth and margins the off-price retailers like The TJX Companies are coming into their own.

NYSE:TJX
Read The TJX Companies: It’s Not All Doom And Gloom In Retail 
Shoe Carnival’s Q1 Results Are No Joke, Shares Fall 15% 
May 18, 2022 9:00 AM ET

Shoe Carnival’s Q1 Results Are No Joke, Shares Fall 15% 

Thomas Hughes

Shoe Carnival (NASDAQ: SCVL) had a tough quarter in Q1 and shares are moving lower because of it. The problem is that revenue, margin, and earnings all fell relative to last year but there is a mitigating factor we think readers should be aware of.

NASDAQ:SCVL
Read Shoe Carnival’s Q1 Results Are No Joke, Shares Fall 15% 
Analog Devices Is Ready To Scale New Highs Despite Tech Wreck 
May 18, 2022 8:00 AM ET

Analog Devices Is Ready To Scale New Highs Despite Tech Wreck 

Thomas Hughes

While the broader tech sector is collapsing under the weight of inflation and the expectation for higher interest rates Analog Devices (NASDAQ: ADI) is quietly setting new records. The company has proven that demand for integrated circuit technology is still high and growing which is no recipe for lower share prices.

NASDAQ:ADI
Read Analog Devices Is Ready To Scale New Highs Despite Tech Wreck 
Target Follows Walmart Lower In A Downward Spiral Of Inflation
May 18, 2022 6:00 AM ET

Target Follows Walmart Lower In A Downward Spiral Of Inflation

Thomas Hughes

Target reported earnings and the news mirrors what we heard from Walmart. The company was able to sustain YOY growth but on the back of higher prices and yet inflation still took a big bite out of the bottom line. The news has the stock down a full 20% percent in premarket trading and it looks like even lower prices are on the way.

NYSE:TGT
Read Target Follows Walmart Lower In A Downward Spiral Of Inflation
The Weber, Inc Growth Story Goes Up In Smoke 
May 18, 2022 4:05 AM ET

The Weber, Inc Growth Story Goes Up In Smoke 

Thomas Hughes

There were great hopes for Weber, Inc (NYSE: WEBR) and the grilling industry in general but those hopes have gone up in smoke. While business is still good, growth is slowing under the influence of inflation, supply chain headwinds, and a lack of stimulus and shares are suffering for it.

NYSE:WEBR
Read The Weber, Inc Growth Story Goes Up In Smoke 
The Institutions Are Capping Gains In Take-Two Interactive
May 17, 2022 6:10 AM ET

The Institutions Are Capping Gains In Take-Two Interactive

Thomas Hughes

Take-Two Interactive (NASDAQ: TTWO) is a powerhouse in the gaming world and one that is about to grow with the incorporation of Zynga into the fold. The stock is rebounding strongly in the wake of the Q4 results but we aren’t buying into the move because the institutions have been capping gains in the stock.

NASDAQ:TTWO
Read The Institutions Are Capping Gains In Take-Two Interactive
Walmart’s “Everyday Low Prices” Gets Burned By Inflation 
May 17, 2022 6:05 AM ET

Walmart’s “Everyday Low Prices” Gets Burned By Inflation 

Thomas Hughes

Walmart (NYSE: WMT) has been one of the few retailers who haven’t leaned into pricing to boost its results but that may be about to change. The company’s strategy helped it sustain YOY revenue growth but at a very tepid rate while bottom-line results were eroded by inflation.

NYSE:WMT
Read Walmart’s “Everyday Low Prices” Gets Burned By Inflation 
Beware The Rebound In Home Depot 
May 17, 2022 4:05 AM ET

Beware The Rebound In Home Depot 

Thomas Hughes

Shares of Home Depot (NYSE: HD) are up more than 4.0% in premarket trading following what was a better than expected Q1 report. As good as the report is, however, the gains are made on the back of rising prices that are cutting into total volume and the guidance is tepid.

NYSE:HD
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FIGS, Inc Moves Lower On Analysts Downgrades
May 17, 2022 2:00 AM ET

FIGS, Inc Moves Lower On Analysts' Downgrades

Thomas Hughes

Shares of FIGS, Inc (NASDAQ: FIGS) are moving lower in the wake of the Q1 earnings report and it is no wonder. The niche brand of workwear reports supply chain, inflation, and worse, a shift in consumer spending related to inflation, is cutting into results.

NASDAQ:FIGS
Read FIGS, Inc Moves Lower On Analysts' Downgrades
Warby Parker Stock Is A High-Probability Candidate For A Short-Squeeze 
May 16, 2022 10:00 AM ET

Warby Parker Stock Is A High-Probability Candidate For A Short-Squeeze 

Thomas Hughes

Price action in Warby Parker (NYSE: WRBY) has been trending lower ever since the highs set just after the IPO. The downtrend is due to the stock's high valuation, concerns about profitability, inflation/economic change, and no small amount of short selling.

NYSE:WRBY
Read Warby Parker Stock Is A High-Probability Candidate For A Short-Squeeze 
Recession Fears Mount After Weak Manufacturing Data
May 16, 2022 7:00 AM ET

Recession Fears Mount After Weak Manufacturing Data

Thomas Hughes

The NASDAQ Composite (NYSEARCA: QQQ) is down more than 25% from its recent high and will probably head lower. Investors looking for a rebound are urged not to caution in light of expected earnings reports this week.

NYSEARCA:QQQ
Read Recession Fears Mount After Weak Manufacturing Data
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