Free Trial
→ Trump’s Bitcoin Reserve is No Accident… (From Crypto 101 Media) (Ad)

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 93

The Institutions Like The Fit Of Levi Strauss & Co. 
April 7, 2022 4:05 AM ET

The Institutions Like The Fit Of Levi Strauss & Co. 

Thomas Hughes

Shares of Levi Strauss & Co. (NYSE: LEVI) are moving higher in the wake of the Q1 earnings report because of a successful price pass-through that is indicative of the selling environment in general. Demand for Levi Strauss & Co. products is so high the company was able to leverage its pricing power in more ways than one.

NYSE:LEVI
Read The Institutions Like The Fit Of Levi Strauss & Co. 
Analog Devices Raises Its Long-Term Growth Targets
April 7, 2022 3:00 AM ET

Analog Devices Raises Its Long-Term Growth Targets

Thomas Hughes

Price action in Analog Devices (NASDAQ: ADI) wobbled in the wake of its investor day event but seems to have steadied now. In the event, the company laid out its new vision and how it expects to achieve a 7% to 10% CAGR over the next few years.

NASDAQ:ADI
Read Analog Devices Raises Its Long-Term Growth Targets
RPM International Puts The Reversal Into Higher Gear
April 7, 2022 2:00 AM ET

RPM International Puts The Reversal Into Higher Gear

Thomas Hughes

RPM International (NASDAQ: RPM) has been on our radar not only because it is so well positioned for the post-COVID economic recovery and expansion but because it is a telling indicator of economic conditions. The company makes paints, coatings, and specialty products for the construction, industrial, and consumer groups and is not only a leading cost for many parts of the economy but on the front line of inflationary pressures impacting businesses throughout the system.

NASDAQ:RPM
Read RPM International Puts The Reversal Into Higher Gear
Micro-Cap Richardson Electronics Pulls Back Into A Buy 
April 6, 2022 11:00 PM ET

Micro-Cap Richardson Electronics Pulls Back Into A Buy 

Thomas Hughes

Richardson Electronics (NASDAQ: RELL) is a micro-cap company in business with the big boys. The company makes a wide range of power and microwave-related components for the communications, display, and healthcare industries so it is well supported by secular trends.

NASDAQ:RELL
Read Micro-Cap Richardson Electronics Pulls Back Into A Buy 
It’s Time To Start Buying Tilray Again
April 6, 2022 9:00 AM ET

It’s Time To Start Buying Tilray Again

Thomas Hughes

After years of struggling the U.S. cannabis industry appears to be gaining some momentum and that is good news for Tilray Brands, Inc (NASDAQ: TLRY). The recent passage of the MORE act through the House of Representatives is the latest example and one that may ultimately open the door to full legalization in the U.S.

NASDAQ:TLRY
Read It’s Time To Start Buying Tilray Again
It’s Another Smart Time To Buy SMART Global Holdings 
April 6, 2022 7:00 AM ET

It’s Another Smart Time To Buy SMART Global Holdings 

Thomas Hughes

SMART Global Holdings (NASDAQ: SGH) has been in a downtrend for the last two quarters due to a combination of factors that have nothing to do with the health of the business. Selling pressure begins with the institutions which were heavy sellers of the stock in Q4.

NASDAQ:SGH
Read It’s Another Smart Time To Buy SMART Global Holdings 
Chevron Is Moving Higher On Analyst Upgrades
April 5, 2022 11:00 AM ET

Chevron Is Moving Higher On Analyst Upgrades

Thomas Hughes

Chevron (NYSE: CVX) just turned up on one of our favorite screens, a screen for the most upgraded stocks in the market. As we’ve often said, buying a stock because an analyst says so isn’t the best way to invest but if the sentiment among a broad number of analysts is changing in a stock that is a stock we might want to own.

NYSE:CVX
Read Chevron Is Moving Higher On Analyst Upgrades
Why Did Acuity Brands, Inc Fall After Strong Q2 Results? 
April 5, 2022 10:00 AM ET

Why Did Acuity Brands, Inc Fall After Strong Q2 Results? 

Thomas Hughes

If you are asking yourself why did Acuity Brands, Inc (NYSE: AYI) fall 10% after reporting a better than expected quarter you are not alone. It took us a little bit of digging ourselves and the best we can come up with is the institutions are selling the stock.

NYSE:AYI
Read Why Did Acuity Brands, Inc Fall After Strong Q2 Results? 
JELD-WEN A Buy But Analysts Sentiment Is Slipping
April 5, 2022 8:00 AM ET

JELD-WEN A Buy But Analysts Sentiment Is Slipping

Thomas Hughes

Shares of JELD-WEN (NYSE: JELD) have been trending lower for the last few months and they move even lower before they start moving higher again. Although the analysts still rate the stock a firm Hold verging on Buy the trend in the Pricetargets.com consensus sentiment is decidedly bearish.

NYSE:JELD
Read JELD-WEN A Buy But Analysts Sentiment Is Slipping
Three Stocks To Buy Before They Report Q1 Earnings 
April 5, 2022 7:00 AM ET

Three Stocks To Buy Before They Report Q1 Earnings 

Thomas Hughes

We expect the Q1 earnings reporting season to be rocky. Inflation and supply chain headwinds are mounting in the wake of the Ukrainian invasion and threaten both the top and bottom lines of many businesses. We’ve liked the furniture industry for several years because it got a head start on today’s problem when it began reshaping itself in the Trump/Xi Trade War.

NYSE:HVTNYSE:LZBNASDAQ:LOVE
Read Three Stocks To Buy Before They Report Q1 Earnings 
What To Expect From Q1 2022 Earnings Season 
April 5, 2022 2:00 AM ET

What To Expect From Q1 2022 Earnings Season 

Thomas Hughes

The Q1 2022 S&P 500 (NYSEARCA: SPY) earnings reporting season is set up for kick-off in about a week when JPMorgan Chase (NYSE: JPM) and some of the other big banks report their earnings. While the data is promising there is an underlying weakness within the market that we are very wary of.

NYSEARCA:SPY
Read What To Expect From Q1 2022 Earnings Season 
Insiders Are Buying LCI Industries 
April 4, 2022 8:00 AM ET

Insiders Are Buying LCI Industries 

Thomas Hughes

With shares down at a 1-year low and the entire RV industry outperforming expectations, we are not surprised to see insiders buying LCI Industries (NYSE: LCII). LCI Industries makes and markets a wide range of parts and components for OEMs and aftermarket RV owners and so is in high demand.

NYSE:LCII
Read Insiders Are Buying LCI Industries 
Three Downgrades That Shouldn’t Be Ignored 
April 4, 2022 7:00 AM ET

Three Downgrades That Shouldn’t Be Ignored 

Thomas Hughes

The peak of the Q1 2022 earnings reporting season is less than two weeks away and the analysts' activity is heating up. This time around, however, the activity is more bearish than not with revenue, earnings,  and price target downgrades dominating the news.

NYSE:DISNYSE:VNYSE:JPM
Read Three Downgrades That Shouldn’t Be Ignored 
Basset Furniture Industries Insider Buys Shares In Q1
April 1, 2022 7:00 AM ET

Basset Furniture Industries Insider Buys Shares In Q1

Thomas Hughes

If you need evidence that insider activity is an indicator of future stock performance, look no further than Basset Furniture Industries (NASDAQ: BSET). An insider in the company, William C. Warden, Jr., a director of the company, bought 5,000 shares in mid-February right when the company was producing the results it delivered in late March.

NASDAQ:BSET
Read Basset Furniture Industries Insider Buys Shares In Q1
The Market Choked On Chewy, Inc Results 
March 31, 2022 10:00 AM ET

The Market Choked On Chewy, Inc Results 

Thomas Hughes

Chewy, Inc (NYSE: CHWY) is one of our favorite growth stories being an eCommerce giant focused exclusively on the pet category. While the pet category continues to grow and Chewy, Inc's revenue along with it so too are the inflationary headwinds and they are cutting into company profits.

NYSE:CHWY
Read The Market Choked On Chewy, Inc Results 
High-Yielding Walgreens Boots Alliance Goes On Sale
March 31, 2022 10:00 AM ET

High-Yielding Walgreens Boots Alliance Goes On Sale

Thomas Hughes

Shares of Walgreens Boots Alliance (NASDAQ: WBA) imploded in the wake of what were otherwise stellar results and guidance because of COVID. The company didn’t catch COVID and there weren’t any major COVID-related shutdowns which is ultimately the problem.

NASDAQ:WBA
Read High-Yielding Walgreens Boots Alliance Goes On Sale
Institutional Support Has Paychex On Brink Of New All-Time Highs 
March 31, 2022 8:00 AM ET

Institutional Support Has Paychex On Brink Of New All-Time Highs 

Thomas Hughes

Paychex (NASDAQ: PAYX) results are starting to show the leverage we’ve been anticipating for the past few quarters. The company not only managed to keep a large percentage of its pre-COVID clients but it was also able to add on new ones at an above-average pace.

NASDAQ:PAYX
Read Institutional Support Has Paychex On Brink Of New All-Time Highs 
These Are Rock Bottom Prices For Five Below 
March 31, 2022 8:00 AM ET

These Are Rock Bottom Prices For Five Below 

Thomas Hughes

Shares of Five Below (NASDAQ: FIVE) are moving higher following its Q4 earnings release and guidance update for 2022. The move is being driven not by the results or the guidance because both of those are iffy at best but by the analysts who see potential in the company’s growth story.

NASDAQ:FIVE
Read These Are Rock Bottom Prices For Five Below 
Cal-Maine Foods Is On The Upswing, Finally 
March 31, 2022 4:15 AM ET

Cal-Maine Foods Is On The Upswing, Finally 

Thomas Hughes

Cal-Maine Foods (NASDAQ: CALM) struggled with profitability last year leading us to write the stock off at the end of 2021. That was a mistake because right about the time we were cutting the stock loose from our coverage sphere the egg-market fundamentals took a surprising turn for the better.

NASDAQ:CALM
Read Cal-Maine Foods Is On The Upswing, Finally 
RH Puts The Fear Of Inflation Into The Market
March 30, 2022 6:15 AM ET

RH Puts The Fear Of Inflation Into The Market

Thomas Hughes

RH (NYSE: RH) isn’t ailing but there are two things clear in the Q4 earnings report and subsequent conference call. The first is that growth is slowing. Growth is slowing from the very high 78% YOY pace set in Q1 and it is expected to continue slowing through the end of fiscal 2022.

NYSE:RH
Read RH Puts The Fear Of Inflation Into The Market
Micron Leads Chip Stocks Higher As Rebound Gains Momentum 
March 30, 2022 6:10 AM ET

Micron Leads Chip Stocks Higher As Rebound Gains Momentum 

Thomas Hughes

Shares of Micron (NASDAQ: MU) are rocketing higher in the wake of the FQ2 earnings report because of three things. The first is that results beat the already high expectations of the market, the second is that guidance is outpacing consensus on top of Q2 strength, and the third is the analysts.

NASDAQ:MU
Read Micron Leads Chip Stocks Higher As Rebound Gains Momentum 
Ford Insider Bets Big, Buys More Shares 
March 30, 2022 4:20 AM ET

Ford Insider Bets Big, Buys More Shares 

Thomas Hughes

Executive Chairman of Ford (NYSE: F) William Clay, Jr. surprised the market by disclosing his second purchase of company stock in the last 3 months. The new purchase is worth 267,697 shares or about $4.5 million which combines with the December activity for a total of 680,197 shares.

NYSE:F
Read Ford Insider Bets Big, Buys More Shares 
Solo Brands Is So Low It’s Almost Time To Buy It
March 30, 2022 2:00 AM ET

Solo Brands Is So Low It’s Almost Time To Buy It

Thomas Hughes

We’ve had our eyes on Solo Brands (NYSE: DTC) since its IPO a few months ago. In that time, the company has largely outperformed its expectations and seen its share steadily move lower. These facts may seem out of alignment and they are, the main reason for the downtrend in price action is an apathetic market and a large amount of short interest.

NYSE:DTC
Read Solo Brands Is So Low It’s Almost Time To Buy It
It’s “Game On!” For Academy Sports + Outdoors 
March 29, 2022 9:00 AM ET

It’s “Game On!” For Academy Sports + Outdoors 

Thomas Hughes

Academy Sports + Outdoors  (NASDAQ: ASO) Q4 results prove that America’s love of the outdoors is as strong as ever. The company’s results not only beat on the top and bottom lines but the guidance is good as well.

NASDAQ:ASO
Read It’s “Game On!” For Academy Sports + Outdoors 
Page 93 of 138