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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 98

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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Advance Auto Parts Proves Its Worth 
February 15, 2022 8:00 AM ET

Advance Auto Parts Proves Its Worth 

Thomas Hughes

Advance Auto Parts (NYSE: AAP) began a campaign to improve its value to shareholders last year that is paying off in the form of dividend increases and share buybacks. The company is focused on improving profitability and cash flow, expansion and growth, balance sheet strength, and above all, capital returns to shareholders.

NYSE:AAP
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Institutional Support (and results) Send Marriott International To Fresh Highs 
February 15, 2022 8:00 AM ET

Institutional Support (and results) Send Marriott International To Fresh Highs 

Thomas Hughes

If you’ve been wondering what’s been driving shares of Marriott International (NASDAQ: MAR) higher the last two years it’s not the outlook for reopening. More likely, it’s the institutional buying because it has been strong. The institutions have purchased $1.27 billion worth of shares, net of selling, which is good for 2.3% of the market cap with the stock trading at a new all-time high.

NASDAQ:MAR
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Analysts Put Bottom In Home Improvement Giants
February 14, 2022 10:00 AM ET

Analysts Put Bottom In Home Improvement Giants

Thomas Hughes

Home Depot (NYSE: HD) and Lowe’s (NYSE: LOW) are among the biggest winners of the pandemic gaining not only a sustained increase in business but pricing power that has so far been able to stave off the worst of the cost pressures. With the two both slated to report earnings next week, it’s worth noting the analyst's activity has been picking up for both companies.

NYSE:LOWNYSE:HD
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Follow The Institutional Money To Goodyear Tire & Rubber Company 
February 14, 2022 8:00 AM ET

Follow The Institutional Money To Goodyear Tire & Rubber Company 

Thomas Hughes

Share of Goodyear Tire & Rubber Company (NASDAQ: GT) imploded after reporting a much better than expected quarter. To some, the news was good but means future growth is already priced in and for some, the guidance was more than they were expecting.

NASDAQ:GT
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Three (3) High-Yield Deep-Values The Institutions Are Buying Now 
February 14, 2022 7:00 AM ET

Three (3) High-Yield Deep-Values The Institutions Are Buying Now 

Thomas Hughes

Kraft-Heinz (NASDAQ: KHC), Reynolds Consumer Products (NASDAQ: REYN), and Newell Brands (NASDAQ: NWL) have more in common than their status as consumer-staples companies. Not only are they deep-values relative to the broad market and their industry group they give a high yield, have safe distributions, an outlook for dividend growth, are in the midst of currently-successful growth initiatives, and the institutions are buying them.

NASDAQ:KHCNASDAQ:REYNNASDAQ:NWL
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The Institutions Are Buying Newell Brands, Maybe You Should Too 
February 11, 2022 7:00 AM ET

The Institutions Are Buying Newell Brands, Maybe You Should Too 

Thomas Hughes

After correcting more than 30% over the course of several quarters it looks like the bottom is in for Newell Brands (NASDAQ: NWL). Not only did the company exceed its quarterly estimates but it also has strong institutional support. The institutions have been purchasing this stock like made, buying $0.84 billion or 8.6% of the market cap over the last 12 months with a large portion of that done since the 1st of the year. 

NASDAQ:NWL
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iRobot Is Starting To Look Good Again 
February 10, 2022 11:00 AM ET

iRobot Is Starting To Look Good Again 

Thomas Hughes

iRobot (NASDAQ: IRBT) performed exactly as we expected them to, the bad news is that we were expecting supply chain issues and microchip shortages to curtail the results and they did. The company estimates the issues cost them $35 million in unfulfilled orders, worth 770 basis points of quarterly revenue, and these issues aren’t expected to subside in the first half of the year.

NASDAQ:IRBT
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Insiders Shed Canada Goose In Fiscal Q3 
February 10, 2022 9:00 AM ET

Insiders Shed Canada Goose In Fiscal Q3 

Thomas Hughes

While insiders at Canada Goose (NYSE: GOOS) have not made any transactions since late November 2021 their activity at the time suggests they (some of them at least) were expecting the weakness just seen in the Q3 earnings release. It’s hard to track down exactly how much of the company is owned by the insiders and selling was light but selling there was.

NYSE:GOOS
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High-Yield, Deep-Value Kellogg Company Looks Tastier Than Ever 
February 10, 2022 8:00 AM ET

High-Yield, Deep-Value Kellogg Company Looks Tastier Than Ever 

Thomas Hughes

Kellogg Company (NYSE: K) has been on our radar the last few years because of pandemic tailwinds but, more importantly, the yield-to-value that it offers to investors. The company is a high-yield and deep-value relative to other consumer staples stocks and it is one that we see experiencing a price-multiple expansion over the next few years.

NYSE:K
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The Coca-Cola Company And PepsiCo Are Both Good Buys
February 10, 2022 7:00 AM ET

The Coca-Cola Company And PepsiCo Are Both Good Buys

Thomas Hughes

We absolutely by no means want anyone to think that The Coca-Cola Company (NYSE: KO) is not a good company, Pepsico (NASDAQ: PEP) competition or not. T

NASDAQ:PEPNYSE:KO
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The Institutions Are Buying Reynolds Consumer Products 
February 9, 2022 10:00 AM ET

The Institutions Are Buying Reynolds Consumer Products 

Thomas Hughes

Reynolds Consumer Products Inc. (NASDAQ: REYN) share price has had a hard time gaining traction since the IPO but we think that may be about to change. The institutions have been actively buying the stock and their activity is picking up

NASDAQ:REYN
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Don’t Buy Into Canopy Growth’s Earnings Outlook 
February 9, 2022 10:00 AM ET

Don’t Buy Into Canopy Growth’s Earnings Outlook 

Thomas Hughes

Shares of Canopy Growth Corporation (NASDAQ: CGC) are up more than 16% after the release of FQ3 earnings but we aren’t buying into the rally, at least not yet. As much as we’d like to see this company make profits we’ve been here before, just when it seems like things are getting better they get worse again.

NASDAQ:CGC
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XPO Logistics Gets The Market Back In Gear 
February 9, 2022 8:00 AM ET

XPO Logistics Gets The Market Back In Gear 

Thomas Hughes

Shares of XPO Logistics (NYSE: XPO) have been in a correction the last few months because of the headwinds facing the industry. While demand is very high for trucking, shortages of drivers and the cost of retaining the drivers there are, along with other input costs, were cutting into the bottom line.

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Harley-Davidson Roars Back To Life 
February 9, 2022 7:15 AM ET

Harley-Davidson Roars Back To Life 

Thomas Hughes

Harley-Davidson (NYSE: HOG) began to implement its Hardwire strategy in the nick of time. The company’s efforts to improve operations and brand appeal are paying off in spades and have the stock deep into a reversal that could still add double-digits to investor portfolios.

NYSE:HOG
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Smoking Hot Results Sends Chipotle Mexican Grill Higher 
February 9, 2022 7:00 AM ET

Smoking Hot Results Sends Chipotle Mexican Grill Higher 

Thomas Hughes

Concerns about Chipotle Mexican Grill’s (NYSE: CMG) ability to combat inflation have been put to rest. The company exhibited pricing power above and beyond the analyst's expectations and now shares are in reversal.

NYSE:CMG
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Institutions Are Buying Alpha And Omega Semiconductor Limited
February 9, 2022 4:15 AM ET

Institutions Are Buying Alpha And Omega Semiconductor Limited

Thomas Hughes

While insiders at Alpha And Omega Semiconductor Limited (NASDAQ: AOSL)  have been selling shares over the past few quarters it poses no threat to the stock prices. Insider sales amount to less than 0.30% of the market cap with shares near $47 and insiders still hold nearly 20% of the company.

NASDAQ:AOSL
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Small-Cap CTS Corporation Positioned For Big Business
February 9, 2022 4:04 AM ET

Small-Cap CTS Corporation Positioned For Big Business

Thomas Hughes

CTS Corporation (NYSE: CTS) is a small-cap tech manufacturer perfectly positioned for long-term growth. The company makes a wide range of sensors, actuators, and connectors for OEM automakers, communications companies, information technology, medical, and even defense applications.

NYSE:CTS
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Simpson Manufacturing Co. Inc Is Building A Better Investment 
February 8, 2022 6:05 AM ET

Simpson Manufacturing Co. Inc Is Building A Better Investment 

Thomas Hughes

If it seems like we like Simpson Manufacturing Co., Inc (NYSE: SSD) it’s because we do. The company is incredibly well run, is overdelivering on its promises, and poised to make what could be a very large capital return increase with the release of the next quarterly results.

NYSE:SSD
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Tyson Foods Flies To New Highs 
February 8, 2022 4:00 AM ET

Tyson Foods Flies To New Highs 

Thomas Hughes

Tyson Foods (NYSE: TSN) is being supported by higher pricing across all of its product lines but there is more to the story than that. While the company is experiencing double-digit price increases it is also working hard on internal efficiencies that are expected to save the company at least $1 billion within the next two years.

NYSE:TSN
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onsemi Bottoms, Institutional Activity Turns Bullish
February 7, 2022 10:00 AM ET

onsemi Bottoms, Institutional Activity Turns Bullish

Thomas Hughes

Shares of Onsemi (NASDAQ: ON) corrected more than 27% over the past few months for no good fundamental reason. No good fundamental reason for the company, that is, because there is a good fundamental aspect of the market that can account for the selloff and that is institutional selling.

NASDAQ:ON
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Bottom Fishing For Johnson Outdoors 
February 7, 2022 6:00 AM ET

Bottom Fishing For Johnson Outdoors 

Thomas Hughes

Johnson Outdoors (NASDAQ: JOUT) emerged as a pandemic winner early in the rebound and, unlike some others, the COVID-19 inspired tailwinds continue to blow. The problem for the company isn’t demand, because demand remains high in all segments, the problem is global supply chain issues that have it scrambling for materials and chip-requiring components for its core fishing line of products.

NASDAQ:JOUT
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Ford Gets Dented By Inflation, Supply Chain Issues 
February 4, 2022 4:05 AM ET

Ford Gets Dented By Inflation, Supply Chain Issues 

Thomas Hughes

Shares of Ford (NYSE: F) are down in the wake of the Q4 earnings report and we are cheering the move. The decline has the stock trading at a 4-month low and levels almost too good to pass up with the long-term outlook for car sales and EV the way that it is.

NYSE:F
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Institutions Shed Lumentum Holdings
February 4, 2022 1:00 AM ET

Institutions Shed Lumentum Holdings

Thomas Hughes

Institutions have been selling shares of Lumentum (NASDAQ: LITE) recently and, based on the outlook for Q3 results, we are not surprised. The net of activity over the last 12 months is been $0.23 billion in favor of the bears with all of that occurring in the 4th quarter.

NASDAQ:LITE
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