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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 91

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
Read Microcap Oil-Dri Corporation Is A Buy For Income Investors
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
Read Is It Too Late For Energy Stocks? 
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.

Read It’s Time To Get Interested In Ethereum Again
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
Read It’s Time To Grab The Lovesac Company By The Shorts 
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
Read Two Consumer Staples With Bright Outlook For Dark Times 
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
Read Insiders And Institutions Drive Consolidated Edison To New Highs 
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
Read Don’t Bet On A Bounce For RH 
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
Read Hormel Foods Sends A Message To The Market 
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
Read PVH Corp. Looks Sharp For A Major Reversal 
The Analysts Reel In Their Targets For NetApp
June 2, 2022 8:00 AM ET

The Analysts Reel In Their Targets For NetApp

Thomas Hughes

The analysts are reeling in their targets for NetApp (NASDAQ: NTAP) but the stock is still a buy. At least 5 of the 21 analysts covering the stock have come out in the wake of the FQ4 earnings report and they all include price target reductions.

NASDAQ:NTAP
Read The Analysts Reel In Their Targets For NetApp
Don’t Get Gamed By Gamestop
June 2, 2022 7:00 AM ET

Don’t Get Gamed By Gamestop

Thomas Hughes

The only thing we can guarantee about the Gamestop (NYSE: GME) market is that the wild swings in volatility are not over. While the company may be working hard on improving itself, there is still no fundamental reason to own the stock and Wall Street’s interest is very limited.

NYSE:GME
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Don’t Bet On HP Inc Setting A New High 
June 2, 2022 12:00 AM ET

Don’t Bet On HP Inc Setting A New High 

Thomas Hughes

HP Inc (NYSE: HPQ) shares popped on the Q2 earnings report and are tickling a new all-time high but we aren’t betting on a breakout. While the news is good and the outlook favorable there are some underlying conditions in the market that we see capping gains, at least over the summer.

NYSE:HPQ
Read Don’t Bet On HP Inc Setting A New High 
The Analysts Like The Fit Of Victoria’s Secret & Co 
June 1, 2022 10:00 AM ET

The Analysts Like The Fit Of Victoria’s Secret & Co 

Thomas Hughes

Between the two of them, the analysts and the institutions have put a floor in shares of Victoria’s Secret & Co (NYSE: VSCO). While the Insidertrades.com consensus price target is falling and the institutional activity slacking both are bullish and the outlook is positive

NYSE:VSCO
Read The Analysts Like The Fit Of Victoria’s Secret & Co 
Ambarella Is A Buy For Patient Investors 
June 1, 2022 8:30 AM ET

Ambarella Is A Buy For Patient Investors 

Thomas Hughes

Ambarella’s (NASDAQ: AMBA) shares have been under intense pressure over the past few quarters but we think the bottom is in. The stock price was under pressure due to fears of slowing growth, the impact of the Omicron variant, supply chain issues, and lockdowns in China but it looks like the worst is behind the company now.

NASDAQ:AMBA
Read Ambarella Is A Buy For Patient Investors 
Don’t Bet On A Big Rebound For Salesforce.com Stock 
June 1, 2022 7:00 AM ET

Don’t Bet On A Big Rebound For Salesforce.com Stock 

Thomas Hughes

Salesforce.com (NASDAQ: CRM) had a great quarter and is on track to continue growing strongly at scale but there are several factors that we think will keep the price action from rebounding very strongly. The bottom line is this highly-valued company’s growth is not only slowing but comps are becoming increasingly difficult and there are no capital returns to lure new investors to the table.

NASDAQ:CRM
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There Are Cracks In The Paint At Sherwin-Williams 
June 1, 2022 12:00 AM ET

There Are Cracks In The Paint At Sherwin-Williams 

Thomas Hughes

The analyst's sentiment for Sherwin-Williams (NYSE: SHW) has been slipping over the past few months and now the downtrend is gaining momentum. Analysts at Credit Suisse downgraded the stock to sell citing a number of factors that amount to one thing

NYSE:SHW
Read There Are Cracks In The Paint At Sherwin-Williams