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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 90

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 
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 
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 
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 
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
Read Inflation, An Economic Winter Is Approaching 
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