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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 97

What A Russian Invasion Of Ukraine Means For The Market 
February 24, 2022 2:00 PM ET

What A Russian Invasion Of Ukraine Means For The Market 

Thomas Hughes

As dire as the news from Ukraine and Russia is, the selloff in equities sparked by the crisis appears to have already hit bottom. The S&P 500 (NYSEARCA: SPY) fell more than 2.0% on the news to extend its selloff to over 13.5% but hit a bottom and reclaimed all of the loss and more by the end of the session.

NYSEARCA:SPY
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The Wayfair Bull Market Is Way Over 
February 24, 2022 4:10 AM ET

The Wayfair Bull Market Is Way Over 

Thomas Hughes

Wayfair (NYSE: W) was one of the most exciting plays of the post-pandemic world but now that story is played. The two things that are abundantly clear in the Q4 results are that 1) the COVID tailwinds are no longer blowing and 2) the headwinds are mounting.

NYSE:W
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The Institutions Take A Big Drink Of Keurig Dr. Pepper
February 24, 2022 4:05 AM ET

The Institutions Take A Big Drink Of Keurig Dr. Pepper

Thomas Hughes

Shares of Keurig Dr. Pepper (NASDAQ: KDP) have been riding higher on a wave of revenue and earnings driven by post-pandemic spending and the completion of the company’s merger obligations. Those obligations have now been met and with results that have exceeded most expectations

NASDAQ:KDP
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Camping World Pulls Back But Wait To Buy More 
February 24, 2022 4:00 AM ET

Camping World Pulls Back But Wait To Buy More 

Thomas Hughes

Shares of Camping World (NYSE: CWH) are falling for no good reason other than the acceleration of growth sparked by the pandemic has peaked. The business is failing and it hasn’t stopped growing but YOY growth is slowing on a quarterly basis and the outlook, as robust as it is, may have it all priced in.

NYSE:CWH
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The TJX Companies, This Is What A Buying Opportunity Looks Like 
February 24, 2022 4:00 AM ET

The TJX Companies, This Is What A Buying Opportunity Looks Like 

Thomas Hughes

The TJX Companies (NYSE: TJX) is a great example of what a buying opportunity looks like. The company gave a lackluster report and sent shares through the floor but buyers were quick to step in and reverse the action.

NYSE:TJX
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Analysts And Institutions Drive Bloomin’ Brands Higher
February 23, 2022 9:00 AM ET

Analysts And Institutions Drive Bloomin’ Brands Higher

Thomas Hughes

Bloomin’ Brands (NASDAQ: BLMN) is in the midst of a major rally driven in part by the Q4 results, a 17% short interest, increasingly bullish analysts' sentiment, and massive institutional buying that we see taking the stock up triple digits. The stock is only trading at 10X its earnings with clear tailwinds in the business.

NASDAQ:BLMN
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Analysts And Institutions Are Comfortable With Tempur Sealy
February 23, 2022 7:00 AM ET

Analysts And Institutions Are Comfortable With Tempur Sealy

Thomas Hughes

Shares of Tempur Sealy International (NYSE: TPX) tanked 20% in the wake of the Q4 earnings report and we can’t for the life of us fathom the reason why. The short interest is a tad high at 5% but not so high as to spark such a deep decline, not on the report we received, and the analysts and institutions seem to be fine with the company.

NYSE:TPX
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It’s Time To Shut The Door On Masonite International 
February 23, 2022 2:00 AM ET

It’s Time To Shut The Door On Masonite International 

Thomas Hughes

After having risen more than 200% from the pandemic low it is time to shut the door on Masonite International (NYSE: DOOR). That is not a judgment of the company or its health but a simple statement of truth that we see in the charts.

NYSE:DOOR
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The Purely Technical Reason Oil Will Hit $122 
February 23, 2022 12:00 AM ET

The Purely Technical Reason Oil Will Hit $122 

Thomas Hughes

If you are watching the news and wondering where the price of Oil (NYSEARCA: USO) is heading we think it is going higher. Much higher. We can sit here and debate the causes of the rise in prices but the fact remains that oil prices are on the rise and the technical picture is bullish.

NYSEARCA:USO
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Institutions Shed Macy’s … Too Soon
February 22, 2022 8:00 AM ET

Institutions Shed Macy’s … Too Soon

Thomas Hughes

The institutions started to shed Macy’s (NYSE: M) in Q1 2022 and we aren’t blaming them. The retail picture isn’t robust, it’s hampered by the supply-chain crisis, and Macy’s is particularly vulnerable as a mall-based retailer. Regardless, net institutional selling in the first 7 weeks of 2022 reversed the buying trend that held steady for the previous three quarters.

NYSE:M
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Home Depot Could Shed Another 17% Before Hitting Bottom 
February 22, 2022 6:00 AM ET

Home Depot Could Shed Another 17% Before Hitting Bottom 

Thomas Hughes

Home Depot (NYSE: HD) reported another record quarter and year and yet the stock is falling in the wake of the news. The reason is that Q4 results and guidance for 2022 indicate the COVID-19 inspired tailwinds have ceased to blow and growth will be hard to come by.

NYSE:HD
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The Analysts Will Drive Nutrien To New Highs 
February 22, 2022 3:00 AM ET

The Analysts Will Drive Nutrien To New Highs 

Thomas Hughes

Shares of Nutrien (NYSE: NTR) have been trending steadily higher since the pandemic bottom was put in in early spring 2020. That movement has been driven by a combination of results and analyst sentiment and we do not see that trend ending.

NYSE:NTR
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The Purely Technical Reason To Buy Kraft-Heinz Now 
February 22, 2022 12:00 AM ET

The Purely Technical Reason To Buy Kraft-Heinz Now 

Thomas Hughes

We have covered the Kraft-Heinz (NASDAQ: KHC) turnaround story in depth. This is not another one of those articles. The fact that Kraft-Heinz is a deep-value relative to the broad market and its peers, the fact that is a relatively safe high-yielding dividend grower, and the health of the turnaround have all been established.

NASDAQ:KHC
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The Institutions Send Out For Papa John’s International 
February 21, 2022 8:00 AM ET

The Institutions Send Out For Papa John’s International 

Thomas Hughes

The institutions have been buying up Papa John’s International (NASDAQ: PZZA) for the last year and their activity has only been getting stronger. Not only has the net activity been ramping over the past 6 quarters but the bullish bias has as well. That trend continued into 2022 and has the YTD activity on track to be the strongest quarter in both regards yet.

NASDAQ:PZZA
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Institutions Aggressively Buy Into Draftkings Potential 
February 18, 2022 5:00 AM ET

Institutions Aggressively Buy Into Draftkings Potential 

Thomas Hughes

Shares of Draftkings (NASDAQ: DKNG)  are plunging in the wake of the Q4 earnings release but we think this is the time to buy the stock. The plunge is driven by the guidance which is expecting revenue growth but a wider than anticipated loss on the bottom line.

NASDAQ:DKNG
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Buy Cisco Systems, The Institutions Are 
February 18, 2022 2:00 AM ET

Buy Cisco Systems, The Institutions Are 

Thomas Hughes

Shares of Cisco Systems (NASDAQ: CSCO) have been moving sideways over the past year but one thing is clear. There is a floor in share prices near the $53 level that has an increasing amount of institutional support.

NASDAQ:CSCO
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The Bottom Is In For Walmart 
February 17, 2022 10:00 AM ET

The Bottom Is In For Walmart 

Thomas Hughes

Price action in Walmart (NYSE: WMT) trended strongly higher in the wake of the pandemic but hit a top last year that resulted in reversal. This reversal, as so many are, altered the trend from up to sideways putting the stock in a firm trading range.

NYSE:WMT
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Buy The Dip In NVIDIA, Before It’s Too Late 
February 17, 2022 9:00 AM ET

Buy The Dip In NVIDIA, Before It’s Too Late 

Thomas Hughes

NVIDIA (NASDAQ: NVDA) shares moved lower in the wake of the company’s very strong Q4 results because concern over margins emerged that we think is entirely overblown. The company expanded margin and produced record-setting results for Q4 and FY2021 and is guiding those margins to be flat on a YOY.

NASDAQ:NVDA
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The Institutions Begin To Shed Tightly Held Allison Transmission
February 17, 2022 7:00 AM ET

The Institutions Begin To Shed Tightly Held Allison Transmission

Thomas Hughes

Allison Transmission (NYSE: ALSN) is a tightly held company with institutional ownership near 99%. The other 1.1% of the stock is held by the insiders, insiders who aren’t selling, so there are few shares simply floating around waiting to be bought.

NYSE:ALSN
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Buy Kraft-Heinz Before The Analysts Start Upgrading The Stock
February 17, 2022 4:05 AM ET

Buy Kraft-Heinz Before The Analysts Start Upgrading The Stock

Thomas Hughes

We have been predicting a massive multiple expansion for shares of Kraft-Heinz (NASDAQ: KHC) stock for some time now. That expansion begins with the company’s uber-low 12.5X valuation and ends with the turn-around story that is now gaining traction.

NASDAQ:KHC
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Insiders Sell SiteOne Landscape Supply, Institutions Buy It 
February 16, 2022 6:05 AM ET

Insiders Sell SiteOne Landscape Supply, Institutions Buy It 

Thomas Hughes

The insiders have been selling their shares of SiteOne Landscape Supply (NYSE: SITE) for the last year, but it doesn’t matter. The insider sales are small, regular, and related to share-based compensation so not a worry. The insiders still own more than 3.0% of the stock and, more importantly, the institutions are buying it. 

NYSE:SITE
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Now It’s Time To Buy Roblox, Maybe
February 16, 2022 4:10 AM ET

Now It’s Time To Buy Roblox, Maybe

Thomas Hughes

Roblox (NYSE: RBLX) came on to the scene with a fanfare of expectations that are still in the picture but more elusive than the market first priced in. Those expectations, and the subsequent dose of reality, sent shares first to the moon and then to the bargain basement where they are now.

NYSE:RBLX
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Haverty Furniture Company Is One Comfortable Dividend-Growth Stock
February 16, 2022 4:05 AM ET

Haverty Furniture Company Is One Comfortable Dividend-Growth Stock

Thomas Hughes

Those who’ve been reading Marketbeat.com for a while will know that we are fond of the U.S. furniture industry including Haverty Furniture Company (NYSE: HVT). Suffice it to say that these are, generally speaking, healthy companies, and industry fundamentals had them ahead of the game in terms of the supply chain log-jam, and business is supported by secular tailwinds.

NYSE:HVT
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Huntsman Aims High, Exceeds Targets
February 15, 2022 10:00 AM ET

Huntsman Aims High, Exceeds Targets

Thomas Hughes

Huntsman (NYSE: HUN) is a diversified organic chemicals company with customers in end markets ranging across all verticals and industries. The company has been working hard over the past year or so to reposition itself as a more focused company and those efforts are bearing fruit.

NYSE:HUN
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