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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 103

Insider Selling Is Slacking Off At Crowdstrike 
December 2, 2021 6:20 AM ET

Insider Selling Is Slacking Off At Crowdstrike 

Thomas Hughes

Insider selling in shares of Crowdstrike (NASDAQ: CRWD) was a worry earlier in the year but that worry seems to be passing. While insiders have made 83 transactions this year the sales are broad across execs, directors, and large shareholders and coincide with the post IPO highs set last year and earlier this year.

NASDAQ:CRWD
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Will Dollar General March Higher On New Growth Strategy? 
December 2, 2021 6:10 AM ET

Will Dollar General March Higher On New Growth Strategy? 

Thomas Hughes

Price action in Dollar General (NYSE: DG) was without impetus following the release of Q3 results. While the results were good they were entirely as expected and without much to drive the market higher. The key takeaway from the report, however, is that this company has already begun a major growth strategy that could increase its footprint by more than 20%

NYSE:DG
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Is The Correction In OKTA Over?
December 2, 2021 6:00 AM ET

Is The Correction In OKTA Over?

Thomas Hughes

After falling more than 30% from 2021's high, it looks like the correction in OKTA (NASDAQ: OKTA) could be over. OKTA, a leader in identity protection and 0-Trust security, reported a blowout quarter marred by only one thing. The company’s margins contracted and reverted to a net loss but there is a mitigating factor.

NASDAQ:OKTA
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High-Yield Patterson Companies Is Still A Buy 
December 2, 2021 4:15 AM ET

High-Yield Patterson Companies Is Still A Buy 

Thomas Hughes

We’ve had some interest in Patterson Companies, Inc (NASDAQ: PDCO) because of its high yield, its value, and its position within the market. There is nothing exciting about dental or animal health but it is a steady business and one supported secular trends.

NASDAQ:PDCO
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Range-Bound G-III Apparel Going Nowhere Fast 
December 2, 2021 4:00 AM ET

Range-Bound G-III Apparel Going Nowhere Fast 

Thomas Hughes

It was no surprise for G-III Apparel (NASDAQ: GIII) to have a strong quarter because the entire retail sector showed strength in this reporting cycle. It was a surprise to see price action make such an abrupt about-face after gapping up at the open and then moving higher in early trading.

NASDAQ:GIII
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Zscaler, Inc Is Going Ballistic, It’s Not Too Late To Hitch A Ride
December 1, 2021 7:00 AM ET

Zscaler, Inc Is Going Ballistic, It’s Not Too Late To Hitch A Ride

Thomas Hughes

If you had any doubts about the growing use of the Internet, the need for digital business security or 0-trust infrastructures Zscaler’s (NASDAQ: ZS) results should lay them to rest. Zscaler’s FQ1 results are so strong they defy belief.

NASDAQ:ZS
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Salesforce.com Is More Attractive After 10% Discount
December 1, 2021 5:00 AM ET

Salesforce.com Is More Attractive After 10% Discount

Thomas Hughes

Salesforce.com (NYSE: CRM) is one of the best-positioned tech company’s working on the Internet today. The company is not only the leader but the very creator of Customer Relationship Management and is still growing at a high double-digit rate now, more than 20 years after its founding.

NYSE:CRM
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Ambarella Insider Activity Hints At Higher Share Prices 
December 1, 2021 3:00 AM ET

Ambarella Insider Activity Hints At Higher Share Prices 

Thomas Hughes

Insider activity in shares of Ambarella (NASDAQ: AMBA) is hinting at higher prices not because of buying but because selling has slacked off. Insiders have or had been making regular sales across the broad spectrum of holders all year but abruptly ended in September.

NASDAQ:AMBA
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Solid, Steady Church &  Dwight Aquire New Growth Machine
November 30, 2021 11:00 AM ET

Solid, Steady Church &  Dwight Aquire New Growth Machine

Thomas Hughes

We’ve liked Church & Dwight (NYSE: CHD) for its slow, steady growth and reliable dividend and now we like it even more. The company just announced a new deal that already has the analysts warming up and we see this driving share prices higher.

NYSE:CHD
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Informatica Is Moving Higher On Strong Outlook 
November 30, 2021 10:00 AM ET

Informatica Is Moving Higher On Strong Outlook 

Thomas Hughes

Informatica (NASDAQ: INFA) IPO’d in late October and did what every stock is supposed to do post-IPO; move higher. Price action in Informatica is up more than 25% since the opening trade and from what we can glean, moving higher still.

NASDAQ:INFA
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Chico’s FAS Is Poised To Bounce Back Sharply 
November 30, 2021 7:00 AM ET

Chico’s FAS Is Poised To Bounce Back Sharply 

Thomas Hughes

Short-sellers hoping to cash in on a Chico’s FAS (NYSE: CHS) implosion may have chosen the wrong target. The company’s Q3 results reveal not only strength within the industry seen in other retailers but also the impact of turnaround efforts.

NYSE:CHS
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Did Insiders Cause Barnes & Noble Education Shares To Implode? 
November 30, 2021 6:00 AM ET

Did Insiders Cause Barnes & Noble Education Shares To Implode? 

Thomas Hughes

Barnes & Noble Education (NYSE: BNED) just saw its shares implode and we are here to tell you that insider trading is not the reason why. While insiders were selling the stock those sales were centered firmly in the 2nd quarter and have long since ceased.

NYSE:BNED
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Now Is Not The Time To Buy Autodesk
November 30, 2021 4:00 AM ET

Now Is Not The Time To Buy Autodesk

Thomas Hughes

Shares of Autodesk (NASDAQ: ADSK) imploded in the wake of the Q3 earnings report and might be heading lower. The company issued a good release and provided solid guidance but there is a widening gap between reality and what the market has been expecting.

NASDAQ:ADSK
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Two Recent IPOs To Put On Your “Nice” List 
November 30, 2021 3:00 AM ET

Two Recent IPOs To Put On Your “Nice” List 

Thomas Hughes

With the holidays fast approaching and shares of these stocks at post-IPO lows, eager investors would do well to add Arhaus, Inc (NASDAQ: ARHS) and Allbirds (NASDAQ: BIRD) to their watchlists if not their portfolio.

NASDAQ:ARHSNASDAQ:BIRD
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Li Auto Inc. Is Why In-Production EV OEM’s Are A Buy
November 29, 2021 9:00 AM ET

Li Auto Inc. Is Why In-Production EV OEM’s Are A Buy

Thomas Hughes

Li Auto’s (NASDAQ: LI) Q3 report is evidence why investors should focus more on the in-production EV OEMs rather than those swing-for-the-fences names that have yet to make a vehicle. The keywords to be focused on are ramping production and rising demand, a combination that has Li Auto and others like it set up for accelerating revenue over the coming few quarters at least.

NASDAQ:LI
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Guess?, Inc Is A Black-Friday Bargain 
November 29, 2021 7:00 AM ET

Guess?, Inc Is A Black-Friday Bargain 

Thomas Hughes

Shares of Guess?, Inc (NYSE: GES) fell nearly 5.0% on Black Friday despite what turned out to be a very strong day for retailers. While spending is down versus 2019, Black Friday sales are up nearly 50% from last year and the difference in 2-year sales is not been lost.

NYSE:GES
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It’s Time For A Second Helping Of These Hot Stocks
November 26, 2021 4:00 AM ET

It’s Time For A Second Helping Of These Hot Stocks

Thomas Hughes

Now the holiday feasting is over it’s time to get back to business. With the New Year just around the corner, the business at hand is preparing for the coming year. The outlook for earnings growth is tepid and marred by inflation but not all companies are in the same positions.

NYSE:VZNASDAQ:NVDANYSE:RBLX
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Three IPO’s To Buy In December 
November 26, 2021 2:00 AM ET

Three IPO’s To Buy In December 

Thomas Hughes

This year has been a busy year for IPO’s. If there is one thing we’ve learned it’s that rushing in to buy an IPO on the first day, or even within the first few days, isn’t always the smartest thing to do, even when the underlying company is fundamentally sound. Three of the latest IPO’s are no different.

NASDAQ:AIPNYSE:DTCNASDAQ:FLNC
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Sweet Results Send J.M. Smucker Company Bubbling Higher 
November 26, 2021 1:00 AM ET

Sweet Results Send J.M. Smucker Company Bubbling Higher 

Thomas Hughes

J.M. Smucker Company’s (NYSE: SJM) Q2 results are not without issue but what issues there are can be overlooked in favor of pricing power. While inflationary issues are cutting into bottom-line results, the cut was less severe than expected and the company is expecting higher net pricing across a broad range of categories

NYSE:SJM
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Ignore The Insiders, Follow The Institutions To Movado Group
November 25, 2021 11:00 PM ET

Ignore The Insiders, Follow The Institutions To Movado Group

Thomas Hughes

Insiders were selling shares of Movado Group (NYSE: MOV) earlier this year but it is nothing for investors to worry about. Selling was broad-based among top execs, if centered on the company’s CEO, and amounted to less than 0.35% of the shares outstanding over the past 12 months.

NYSE:MOV
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Investors Warm Up To Burlington Stores, Inc
November 25, 2021 11:00 PM ET

Investors Warm Up To Burlington Stores, Inc

Thomas Hughes

Shares of Burlington Stores (NYSE: BURL) experienced a bit of volatility in the wake of the Q3 report that had the first down 5.0% in premarket action and then up more than 8.0% by the close of the session. The move was driven by inflationary woes that were offset by what appears to be significant pricing powers.

NYSE:BURL
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Is Deere & Company About To Run Higher? 
November 24, 2021 6:00 AM ET

Is Deere & Company About To Run Higher? 

Thomas Hughes

After several quarters of range-bound trading and market uncertainty, it looks like shares of Deere & Company (NYSE: DE) are about to run higher. Not only has the company exceeded its fiscal 2021 expectations but a major strike has been resolved and the guidance for next year is very favorable.

NYSE:DE
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Institutions Sell Dicks Sporting Goods  
November 24, 2021 5:00 AM ET

Institutions Sell Dicks Sporting Goods  

Thomas Hughes

Investors worried about insider selling at Dick’s Sporting Goods (NYSE: DKS) are better served turning their attention to the institutions. While insiders were selling earlier in the year their sales have slowed to nil in the current quarter and are only worth 0.5% of the shares.

NYSE:DKS
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Jack In The Box Is Ready To Spring Higher 
November 24, 2021 4:00 AM ET

Jack In The Box Is Ready To Spring Higher 

Thomas Hughes

We favor the Jack In The Box (NASDAQ: JACK) turnaround story for several reasons including the push toward brand unification, franchises, and expansion, and think it will be one of the big stories in fast food.

NASDAQ:JACK
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