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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 92

J.B. Hunt Transportation Services Fires On All Cylinders 
April 19, 2022 4:05 AM ET

J.B. Hunt Transportation Services Fires On All Cylinders 

Thomas Hughes

Supply chain challenges or not, J.B. Hunt Transportation Services (NASDAQ: JBHT) is firing on all cylinders. The Q1 results reveal the company is supported by three pillars of trucking including volume, rates, and fuel surcharges. The key takeaway from the report is that both revenue and earnings are better than expected and we expect the company to continue performing at this level

NASDAQ:JBHT
Read J.B. Hunt Transportation Services Fires On All Cylinders 
Analysts Reel In Netflix Targets Ahead Of Q1 Earnings 
April 19, 2022 1:00 AM ET

Analysts Reel In Netflix Targets Ahead Of Q1 Earnings 

Thomas Hughes

Netflix (NASDAQ: NFLX) developed a disturbing trend of price target reductions ahead of the Q1 earnings report but investors shouldn’t read too much into it. While 7 of the 37 analysts covering the stock came out with commentary in the two weeks before the report, and while 6 of those lowered their price target, the Marketbeat.com consensus price is well above price action.

NASDAQ:NFLX
Read Analysts Reel In Netflix Targets Ahead Of Q1 Earnings 
Major Shareholder Bets Big On Nielson Holdings plc 
April 18, 2022 9:00 AM ET

Major Shareholder Bets Big On Nielson Holdings plc 

Thomas Hughes

Neilson Holdings (NYSE: NLSN) got a big boost in March when it announced it was considering offers from a number of private equity firms. So far, no deals have been signed but there is a major shareholder betting big on the outcome.

NYSE:NLSN
Read Major Shareholder Bets Big On Nielson Holdings plc 
Banking On Bank Of America
April 18, 2022 9:00 AM ET

Banking On Bank Of America

Thomas Hughes

Results from the financial sector have been mixed this quarter but Bank of America (NYSE: BAC) stands out. The company’s focus on U.S. consumer banking and the interest rate environment has it set up for earnings growth and that is already being seen in the results.

NYSE:BAC
Read Banking On Bank Of America
Three (3) Refiners The Analysts Are Upgrading 
April 18, 2022 7:00 AM ET

Three (3) Refiners The Analysts Are Upgrading 

Thomas Hughes

The analysts have been bullish on the energy sector (NYSEARCA: XLE) for the last two years and nothing about that has changed. The global supply/demand situation has oil prices trading at the highest levels in a decade and moving higher in the near term at least.

NYSE:PSXNYSE:VLONYSE:PBF
Read Three (3) Refiners The Analysts Are Upgrading 
Institutions And Analysts Drive UnitedHealth Group Higher 
April 16, 2022 1:00 AM ET

Institutions And Analysts Drive UnitedHealth Group Higher 

Thomas Hughes

United Health has been trending higher since well before the COVID-19 pandemic began and looks like it is ready to continue that trend. The move is being driven by institutional and analyst support that is in turn driven by the company’s results. Results for Q1 2022 are so good the company raised its guidance and we think it will raise guidance again later in the year. 

NYSE:UNH
Read Institutions And Analysts Drive UnitedHealth Group Higher 
Three Beaten Down Mega Caps The Analysts Are Upgrading 
April 15, 2022 7:00 AM ET

Three Beaten Down Mega Caps The Analysts Are Upgrading 

Thomas Hughes

The market has taken a beating over the past few months and many of the leading names were beaten down with it. In many cases, as with NVIDIA (NASDAQ: NVDA), Albertsons (NYSE: ACI), and UPS (NYSE: UPS), the pressure on shares is due more to the fear of underperformance than anything else.

NYSE:UPSNYSE:ACINASDAQ:NVDA
Read Three Beaten Down Mega Caps The Analysts Are Upgrading 
Lululemon Rises On Wave Of Price Target Increases 
April 14, 2022 8:00 AM ET

Lululemon Rises On Wave Of Price Target Increases 

Thomas Hughes

Lululemon Athletica (NASDAQ: LULU)  impressed the market when it reported fiscal Q4 earnings at the end of March. The company beat on the bottom line and raised its guidance as demand and pricing combined to boost the earnings results.

NASDAQ:LULU
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The Top Is In For Infosys 
April 14, 2022 7:00 AM ET

The Top Is In For Infosys 

Thomas Hughes

Infosys (NYSE: INFY) is still growing, it’s still making profits, and it’s still on track to pay a higher dividend than it did last year but the market for the stock has peaked. This is because the growth is more than priced in and sell-side support is waning.

NYSE:INFY
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Bed Bath & Beyond Uncovers The Problem With Q1 Earnings Season
April 14, 2022 6:05 AM ET

Bed Bath & Beyond Uncovers The Problem With Q1 Earnings Season

Thomas Hughes

Bed Bath & Beyond (NASDAQ: BBBY) had a horrible quarter impacted by supply chain disruptions that have its inventory in transit or sitting in port. As bad as the news is for Bed Bath & Beyond investors the repercussion for the market is much more severe.

NASDAQ:BBBY
Read Bed Bath & Beyond Uncovers The Problem With Q1 Earnings Season
Three Beaten Up Stocks The Insiders Are Buying 
April 14, 2022 6:05 AM ET

Three Beaten Up Stocks The Insiders Are Buying 

Thomas Hughes

Today’s screen for insider buying stocks turned up three names that we are interested in. Groupon, Desktop Metal, and Sonic Automotive all have a positive outlook for business but their share prices have been trending lower on a variety of concerns.

NASDAQ:GRPNNYSE:DMNYSE:SAH
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Fasten Your Seatbelts, Fastenal Is About To Move Higher 
April 14, 2022 6:05 AM ET

Fasten Your Seatbelts, Fastenal Is About To Move Higher 

Thomas Hughes

Fastenal (NASDAQ: FAST) has been on our watchlist for quite some time due to its positioning in the industrial, housing, and retail markets. The company manufacturers and markets a wide range of tools, safety products, and fasteners (nails, screws, staples, etc) and is reporting strong demand in all channels.

NASDAQ:FAST
Read Fasten Your Seatbelts, Fastenal Is About To Move Higher 
When Jamie Dimon Braces For Risks So Do We 
April 14, 2022 4:05 AM ET

When Jamie Dimon Braces For Risks So Do We 

Thomas Hughes

We don’t know Jamie Dimon personally but, after years of market watching, we have come to have great respect for this cool, calm, collected leader of the world's largest consumer bank. When he says he’s bracing for higher risks we take it seriously, not because he said it but because it echoes our own outlook for the near to mid-term.

NYSE:JPM
Read When Jamie Dimon Braces For Risks So Do We 
OrganiGram’s Turnaround Begins To Blossom 
April 13, 2022 3:00 AM ET

OrganiGram’s Turnaround Begins To Blossom 

Thomas Hughes

OrganiGram (NASDAQ: OGI) reached a turning point in Q1 in which profitability became truly in reach. The company updated its outlook for profitability from Q4 to Q3 of the current fiscal year and the outlook is accelerating again.

NASDAQ:OGI
Read OrganiGram’s Turnaround Begins To Blossom 
Three Dividend Stocks With Growth Potential 
April 13, 2022 1:00 AM ET

Three Dividend Stocks With Growth Potential 

Thomas Hughes

Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay dividends but business growth typically means capital appreciation as well. What this boils down to is called total returns, or the sum of your dividends and capital returns, and dividend growth stocks deliver the best total returns. 

NYSE:ABBVNYSE:PEPNYSE:JNPR
Read Three Dividend Stocks With Growth Potential 
Insiders Are Selling Palo Alto Networks 
April 12, 2022 8:00 AM ET

Insiders Are Selling Palo Alto Networks 

Thomas Hughes

Insiders have been selling Palo Alto Networks (NASDAQ: PANW) on a regular basis but it is nothing for shareholders to be worried about. The sales are small, periodic, incredibly regular, and spread among a wide range of execs and board members so are consistent with share-based compensation and not a red flag the company is failing.

NASDAQ:PANW
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Headwinds Mount For Carmax, Don’t Count On Higher Share Prices 
April 12, 2022 7:00 AM ET

Headwinds Mount For Carmax, Don’t Count On Higher Share Prices 

Thomas Hughes

Carmax (NYSE: KMX) put in a good quarter to be sure but the report is rife with evidence inflation is hurting the economy. The company produced a solid increase in revenue versus the year-ago period but the gains are driven almost entirely by price increases.

NYSE:KMX
Read Headwinds Mount For Carmax, Don’t Count On Higher Share Prices 
Schlumberger Analyst Coverage Drives Market Higher 
April 12, 2022 2:00 AM ET

Schlumberger Analyst Coverage Drives Market Higher 

Thomas Hughes

Schlumberger (NYSE: SLB) stock has been moving higher on warming analysts' sentiment and that sentiment is coming to a boil. There have been at least 5 upgrades or price target increases since March 31st and we don’t see this trend ending.

NYSE:SLB
Read Schlumberger Analyst Coverage Drives Market Higher 
3 Undervalued Stocks The Insiders Are Buying
April 11, 2022 9:00 AM ET

3 Undervalued Stocks The Insiders Are Buying

Thomas Hughes

Insider buying is always a good indication a stock is undervalued and, in cases such as we have today when the stocks are actually undervalued the signal is all the stronger. Dave & Busters (NYSE: PLAY), JELD-WEN (NYSE: JELD), and Rocket Company (NYSE: RKT) are all businesses supported by secular trends but hampered by near-term headwinds.

NYSE:PLAYNYSE:JELDNYSE:RKT
Read 3 Undervalued Stocks The Insiders Are Buying
Updraft In Analysts Sentiment Lifts Albertsons Companies, Inc 
April 11, 2022 8:00 AM ET

Updraft In Analysts Sentiment Lifts Albertsons Companies, Inc 

Thomas Hughes

Shares of Albertsons Companies, Inc (NYSE: ACI) are trading near their 2-year highs on what could be an acceleration of strategic improvement made over that time period. The company has been working on growth and profitability and is now entering a strategic review that could unlock shareholder value.

NYSE:ACI
Read Updraft In Analysts Sentiment Lifts Albertsons Companies, Inc 
The Market For Gamestop Is Near A Turning Point 
April 11, 2022 7:00 AM ET

The Market For Gamestop Is Near A Turning Point 

Thomas Hughes

Gamestop (NYSE: GME) is one of the most heavily traded stocks on Wallstreet for no reason we can think of other than hype. While the company is trying to reinvent itself in a manner that will produce consistent profits the outlook for profitability just isn’t there.

NYSE:GME
Read The Market For Gamestop Is Near A Turning Point 
The Institutional Insiders Are Buying WD-40 Company
April 8, 2022 4:15 AM ET

The Institutional Insiders Are Buying WD-40 Company

Thomas Hughes

WD-40 Company (NASDAQ: WDFC) is a stock we like to own but you have to be prepared for some volatility. The business is trending higher on internal efforts to expand territory and deepen penetration but it can be spotty on a quarter to quarter basis.

NASDAQ:WDFC
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Inflation Drags On Conagra Brands Results
April 7, 2022 10:00 AM ET

Inflation Drags On Conagra Brands Results

Thomas Hughes

Conagra Brands (NYSE: CAG) had a good quarter when it comes to revenue but the ravaging impact of inflation is everywhere in the report. Not only is inflationary pressure cutting into the bottom line but it is also having an impact on volume sales and the company is planning to raise prices again.

NYSE:CAG
Read Inflation Drags On Conagra Brands Results
Lamb Weston Is One Hot Potato 
April 7, 2022 10:00 AM ET

Lamb Weston Is One Hot Potato 

Thomas Hughes

Lamb Weston (NYSE: LW) has been struggling with growth and it still is. The Q3 results were mixed at best and driven by pricing actions intended to offset the impacts of higher potato costs, higher freight costs, and systemic disruptions that are cutting into results.

NYSE:LW
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