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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 99

Hershey Company Bubbles To New High 
February 4, 2022 1:00 AM ET

Hershey Company Bubbles To New High 

Thomas Hughes

Hershey Company (NYSE: HSY) is no bad investment but it is one of the higher-valued stocks in the consumer staples group. The stock trades at roughly 27X its forward earnings but you do get a lot for what you pay for. The Hershey Company is one of the best-established brands in the food industry at large, not to mention its place in the candy business, and it is a well-operated business on top of that.

NYSE:HSY
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Is It Time To Snap Up Some Snap-on?
February 3, 2022 8:00 AM ET

Is It Time To Snap Up Some Snap-on?

Thomas Hughes

Shares of Snap-on Incorporated (NYSE: SNA) lost their luster in the second half of 2021 but those times may be over. After bobbing along at the $215 level for the last 8 months the company is presenting a deep-value/high-yield combination supported by revenue growth and widening margins in a world where growth and margin improvement is hard to come by.

NYSE:SNA
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Blue Chip W.W. Grainger Confirms Trend On Strong Outlook
February 3, 2022 7:30 AM ET

Blue Chip W.W. Grainger Confirms Trend On Strong Outlook

Thomas Hughes

W.W. Grainger (NYSE: GWW) is a highly-valued stock but you get a lot for what you pay for. Trading at 25.5X its forward earnings estimate it is well above the broad market average but this is a blue-chip stock we’re talking about, and one that is not only growing revenue but widening margins, producing strong earnings, and guiding the outlook for 2022 well above the Marketbeat.com consensus estimates.

NYSE:GWW
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Another Bottom For Brinker International 
February 3, 2022 2:00 AM ET

Another Bottom For Brinker International 

Thomas Hughes

As much as we like to be right all the time that is just not the case and Brinker International (NYSE: EAT) is a good example. We called a bottom in Brinker International last summer that proved to be temporary but the underlying thesis remains sound.

NYSE:EAT
Read Another Bottom For Brinker International 
High-Yield, Deep-Value AbbVie Confirms Uptrend
February 2, 2022 9:00 AM ET

High-Yield, Deep-Value AbbVie Confirms Uptrend

Thomas Hughes

Shares of AbbVie (NYSE: ABBV) fell in the wake of the Q4 results because the results were a little mixed in relation to the analyst's estimates. That dip resulted in a buy signal for the broader market, however, because mixed as they were, the results are strong, the outlook is positive, the dividend is safe, and AbbVie presents a deep value compared to the S&P 500.

NYSE:ABBV
Read High-Yield, Deep-Value AbbVie Confirms Uptrend
Advanced Micro Devices Confirms Reversal With A Vee-Bottom 
February 2, 2022 7:00 AM ET

Advanced Micro Devices Confirms Reversal With A Vee-Bottom 

Thomas Hughes

Advanced Micro Devices (NASDAQ: AMD) put in a solid Q4 and it should be no surprise and yet it was. The company is well-positioned within the semiconductor industry with products in key categories like data centers, gaming, and personal computing devices.

NASDAQ:AMD
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Emerson Electric Co. Moves Higher With Strong Institutional Support 
February 2, 2022 7:00 AM ET

Emerson Electric Co. Moves Higher With Strong Institutional Support 

Thomas Hughes

Emerson Electric Co. (NYSE: EMR) is yet another example of a trend we’ve been seeing over the past few months. While institutional activity has been vigorous on both the bull and bear side of the equation the net of buying has been bullish.

NYSE:EMR
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Lennox International Shares Cool Off After Tepid Guidance 
February 2, 2022 4:00 AM ET

Lennox International Shares Cool Off After Tepid Guidance 

Thomas Hughes

The question is not if Lennox (NYSE: LII) was able to produce growth but how badly was its business impacted by inflation, supply chain issues, and shipping disruptions? The company did not quantify those impacts but we can assume they easily run into the mid to high-single-digits if not more.

Read Lennox International Shares Cool Off After Tepid Guidance 
Scotts-Miracle Gro Looks Buyable After Q1 Earnings 
February 1, 2022 9:00 AM ET

Scotts-Miracle Gro Looks Buyable After Q1 Earnings 

Thomas Hughes

We were expecting some strength in the Scotts-Miracle Gro (NYSE: SMG) earnings report and we got some albeit a lot weaker strength than what we were looking for. Based on the market’s reaction, it too was looking for more in the results but there is something to take note of.

NYSE:SMG
Read Scotts-Miracle Gro Looks Buyable After Q1 Earnings 
High-Flying United Parcel Service Is Still A Value After Earnings Pop
February 1, 2022 8:00 AM ET

High-Flying United Parcel Service Is Still A Value After Earnings Pop

Thomas Hughes

United Parcel Service (NYSE: UPS) Q4 results and 2022 guidance are what you get when you combine internal operational efficiency, high demand, and pricing increases. The company’s efforts and business resulted in not only strong results but so strong the board authorized an abnormal dividend increase.

NYSE:UPS
Read High-Flying United Parcel Service Is Still A Value After Earnings Pop
Institutions Put A Bottom In High-Yielding Cabot Corporation
February 1, 2022 7:00 AM ET

Institutions Put A Bottom In High-Yielding Cabot Corporation

Thomas Hughes

Shares of Cabot Corporation (NYSE: CBT) are moving higher after reporting a very strong quarter. The company is perfectly positioned as a specialty chemical maker servicing virtually all industries and seeing systemwide demand.

NYSE:CBT
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V.F. Corporation Falls To Extreme Low On Weak Guidance 
February 1, 2022 12:00 AM ET

V.F. Corporation Falls To Extreme Low On Weak Guidance 

Thomas Hughes

Shares of V.F. Corporation (NYSE: VFC) fell in the wake of the Q3 earnings report and for good reason. The company had a good quarter but one that came with some weaker than expected guidance that led to a quick reset in prices we view as an opportunity for investors.

NYSE:VFC
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Analysts Support For Caterpillar Steady After Weak Margins Cloud Outlook 
January 31, 2022 8:00 AM ET

Analysts Support For Caterpillar Steady After Weak Margins Cloud Outlook 

Thomas Hughes

The analysts have yet to come out with any commentary in the wake of Caterpillar’s (NYSE: CAT) Q4 results which is a telling message in and of itself. The results were mixed and reveal the pressure of inflation but it seems the analysts are sticking to their outlook which favors outperformance in 2022.

NYSE:CAT
Read Analysts Support For Caterpillar Steady After Weak Margins Cloud Outlook 
Institutions Provide Steady Support For Colgate-Palmolive
January 31, 2022 7:00 AM ET

Institutions Provide Steady Support For Colgate-Palmolive

Thomas Hughes

Colgate-Palmolive’s (NYSE: CL) Q4 results were a mixed bag for the market and one that shook support for the stock. The takeaway is that support is still present and will likely drive this high-quality dividend-growth stock higher over the course of the next year.

NYSE:CL
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Tightly Held Ethan Allen Interiors Is A Buy
January 28, 2022 4:05 AM ET

Tightly Held Ethan Allen Interiors Is A Buy

Thomas Hughes

Ethan Allen Interiors (NYSE: ETD) is one of the best-positioned stocks in an industry experiencing strong secular tailwinds. While others in the industry are hindered or struggling with supply chain issues and shipping disruptions Ethan Allen Interiors has been quietly expanding its North American footprint, a footprint that generates more than 75% of its inventory and one that relies heavily on its own trucks.

NYSE:ETD
Read Tightly Held Ethan Allen Interiors Is A Buy
Tractor Supply Company Is A Buy On Post-Earnings Weakness
January 27, 2022 8:00 AM ET

Tractor Supply Company Is A Buy On Post-Earnings Weakness

Thomas Hughes

Wal-Mart (NYSE: WMT) and Target (NYSE: TGT) need to pay attention to Tractor Supply Company (NASDAQ: TSCO). While the two larger competitors are focusing on the more-urbanized and higher-density population zones Tractor Supply is focused on “Life out Here” and life out here is good, very good.

NYSE:TSCONYSE:WMYNYSE:TGT
Read Tractor Supply Company Is A Buy On Post-Earnings Weakness
Is Whirlpool Circling The Drain? 
January 27, 2022 7:00 AM ET

Is Whirlpool Circling The Drain? 

Thomas Hughes

Shares of Whirlpool (NYSE: WHR) are moving higher in the wake of the Q4 earnings report and guidance for 2022 but we aren’t betting the house on this move. The company is still in good shape and on track to continue increasing its capital returns but there is a drag on results in the form of inflation.

NYSE:WHR
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Knight-Swift Transportation Confirms Support On Strong Earnings
January 27, 2022 12:00 AM ET

Knight-Swift Transportation Confirms Support On Strong Earnings

Thomas Hughes

Knight-Swift Transportation (NYSE: KNX) delivered a very strong report and we are not surprised. Not only is the industry supported by strong tailwinds but the company is working on growth and its competitors have been reporting strongly as well.

NYSE:KNX
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Institutions Cap Gains In Abbot Laboratories
January 26, 2022 11:00 PM ET

Institutions Cap Gains In Abbot Laboratories

Thomas Hughes

As has become the theme of 1st quarter trading, it looks like institutional activity capped the gains in Abbot Laboratories (NYSE: ABT) but the bottom may already be in sight for shareholders. While the institutional activity shifted in favor of the bears in the 3rd and 4th quarters of 2021 the tide seems to be turning again.

NYSE:ABT
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Sherwin-Williams Growth Is Already Priced In 
January 26, 2022 11:00 PM ET

Sherwin-Williams Growth Is Already Priced In 

Thomas Hughes

Sherwin-Williams (NYSE: SHW) Q4 results helped catalyze an idea that has been brewing among us. The headwinds it is facing are cutting into the results in a way that no matter how good it is doing it isn’t meeting up to expectations or, rather, it is only meeting expectations which is just as bad.

NYSE:SHW
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Buying The Dip In Logitech 
January 26, 2022 8:00 AM ET

Buying The Dip In Logitech 

Thomas Hughes

Logitech (NASDAQ: LOGI), without a doubt, has emerged as a clear winner in technology. The company makes all manner of peripheral devices for computers and devices, both work and play, and gaming, and is so well positioned for today’s market we can’t believe it doesn’t get more coverage.

NASDAQ:LOGI
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Institutions Begin To Shed Automatic Data Processing 
January 25, 2022 11:00 PM ET

Institutions Begin To Shed Automatic Data Processing 

Thomas Hughes

Automatic Data Processing (NYSE: ADP) is a very good company in a growing industry. Not only is it on track for growth but it has a strong balance sheet, is buying back shares, and has a healthy dividend that is itself expected to grow.

NYSE:ADP
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Is It Time To Buy The Rebound In Johnson & Johnson? 
January 25, 2022 11:00 PM ET

Is It Time To Buy The Rebound In Johnson & Johnson? 

Thomas Hughes

Johnson & Johnson (NYSE: JNJ) shares are moving higher on a mixed report. The company missed on the top line but margins came in well above expectation and drove solid results on the bottom line. This has share prices moving higher when the broader market is moving lower and suggests outperformance in the coming year.

NYSE:JNJ
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This Could Be The Last Time To Buy Verizon Below $54 
January 25, 2022 10:00 AM ET

This Could Be The Last Time To Buy Verizon Below $54 

Thomas Hughes

We’ve liked Verizon (NYSE: VZ) for quite some time and let us count the ways. To start, the company is a pure-play on mobile, wireless, and Internet that pays a very high yield while trading at a deep discount to the broad market.

NYSE:VZ
Read This Could Be The Last Time To Buy Verizon Below $54