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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 104

Insiders Sold Best Buy Ahead Of Q3 Earnings 
November 23, 2021 5:00 AM ET

Insiders Sold Best Buy Ahead Of Q3 Earnings 

Thomas Hughes

Insiders were selling shares of Best Buy (NASDAQ: BBY) ahead of the Q3 report but the two events are unrelated. The selling, more than 36 transactions over the past 12 months, were made mostly by large shareholders and comprised less than 1.0% of the shares outstanding.

NASDAQ:BBY
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3 Retailers To Buy For The Holidays 
November 23, 2021 2:00 AM ET

3 Retailers To Buy For The Holidays 

Thomas Hughes

The retail sector outperformed all expectations in the 3rd quarter and it looks like the same will be true in the 4th quarter. With consumer spending habits rising and the stocks outperforming, we felt it a good time to highlight some of the winners we expect to see win again in 2022. 

NASDAQ:ROSTNYSE:TJXNYE:KSS
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The Buckle, Inc. Goes On Sale For The Holidays! 
November 22, 2021 8:00 AM ET

The Buckle, Inc. Goes On Sale For The Holidays! 

Thomas Hughes

The Buckle, Inc (NYSE: BKE) posted a fantastic Q3 earnings reports but it wasn’t enough to overcome the massive wave of selling that was triggered by the news. Price action surged to retest an all-time high that was set in June of 2013 and, believe it or not, there were quite a few investors still holding on waiting to sell.

NYSE:BKE
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High-Flying Palo Alto Networks Is Going Higher
November 22, 2021 8:00 AM ET

High-Flying Palo Alto Networks Is Going Higher

Thomas Hughes

Shares of Palo Alto Networks (NYSE: PANW) are certainly highly valued trading at near 80X their earnings but there are a few things to consider. The first is the company continually outperforms high expectations. The second is the company has raised its guidance yet again, citing strong demand across all segments and in particular its Next-Gen security products.

NYSE:PANW
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Footlocker Trips On Supply Chain Worry 
November 19, 2021 8:00 AM ET

Footlocker Trips On Supply Chain Worry 

Thomas Hughes

Footlocker (NYSE: FL) shares are down more than 5.0% in premarket trading after confirming something we already knew to be true. The company says the manufacturing shut-downs in Vietnam and other parts of Asia during the 3rd quarter are going to have an impact on holiday sales.

NYSE:FL
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Buy Williams Sonoma’s Post-Earnings Discount 
November 19, 2021 4:12 AM ET

Buy Williams Sonoma’s Post-Earnings Discount 

Thomas Hughes

Williams-Sonoma (NYSE: WSM) reported another quarter of above-expected growth proving once again the combination of its brands, merchandise, and eCommerce is a force consumers cannot resist. Oddly, the market was expecting even more and has sent shares prices down more than 5.0% in after-hours trading.

NYSE:WSM
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The Market Finally Caught On, BJ’s Wholesale Club Is A Buy
November 19, 2021 3:00 AM ET

The Market Finally Caught On, BJ’s Wholesale Club Is A Buy

Thomas Hughes

After several years of robust growth, the pandemic tailwinds, and many articles from us the market has finally caught on to the fact BJ’s Wholesale Club (NYSE: BJ) is a buy.

NYSE:BJNASDAQ:COSTNASDAQ:PSMT
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Insiders And Short-Sellers Cap Gains In Petco Health And Wellness Company
November 18, 2021 12:00 PM ET

Insiders And Short-Sellers Cap Gains In Petco Health And Wellness Company

Thomas Hughes

When Petco Health And Wellness Company (NASDAQ: WOOF) IPO’d we had high hopes for the company and the stock. Situated within the steadily growing pet care industry it is well-positioned as both a provider of services and an eCommerce portal.

NASDAQ:WOOF
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America’s Car-Mart Gears Up For Reversal 
November 18, 2021 8:00 AM ET

America’s Car-Mart Gears Up For Reversal 

Thomas Hughes

Shares of America’s Car-Mart (NASDAQ: CRMT) have been in a correction since mid-August but it looks like that trend may be over.

NASDAQ:CRMT
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Insider Trading Threat At Cisco Is Nothing To Worry About
November 18, 2021 8:00 AM ET

Insider Trading Threat At Cisco Is Nothing To Worry About

Thomas Hughes

There have been some noteworthy insider activity in shares of Cisco (NASDAQ: CSCO) over the past year but it is, ultimately, nothing for investors to worry about. Insiders made 25 transactions on a TTM basis with no buying but, based on our analysts, irrelevant to share prices.

NASDAQ:CSCO
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Sportradar Group Is No Blip To Be Ignored 
November 17, 2021 11:00 AM ET

Sportradar Group Is No Blip To Be Ignored 

Thomas Hughes

Sportradar Group (NASDAQ: SRAD) hit our radar a few months ago when it IPO’d. The IPO was met with some fanfare due to the company’s standing in the international gaming and sports betting markets and the growth opportunity presented by the U.S.

NASDAQ:SRAD
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The TJX Companies Is Breaking Out To New Highs
November 17, 2021 11:00 AM ET

The TJX Companies Is Breaking Out To New Highs

Thomas Hughes

Earnings from the retail sector have been robust this quarter and The TJX Companies (NYSE: TJX) is participating in the trend. The company not only reported better than expected earnings but gave an indication business trends were still advancing.

NYSE:TJX
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Shoe Carnival Is A Short-Squeeze In Action 
November 17, 2021 8:00 AM ET

Shoe Carnival Is A Short-Squeeze In Action 

Thomas Hughes

We’ve liked Shoe Carnival (NASDAQ: SCVL) for quite some time because the company seems to be doing everything right. It’s growing, it’s setting records, it’s widening margin, it’s making money for investors, it has no debt, and returning to capital shareholders.

NASDAQ:SCVL
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La-Z-Boy Insider Sales No Problem For Investors
November 17, 2021 6:00 AM ET

La-Z-Boy Insider Sales No Problem For Investors

Thomas Hughes

Some insider sales by La-Z-Boy (NYSE: LZB) director Kurt. L. Darrow raised some red flags earlier this month but it’s proven to be no concern for investors. Mr. Darrow sold about 0.25% of the shares outstanding in 3 transactions netting roughly $2.6 million.

NYSE:LZB
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Walmart Winds Up For The Next Move Higher
November 16, 2021 6:25 AM ET

Walmart Winds Up For The Next Move Higher

Thomas Hughes

Walmart (NYSE: WMT) has been one of the biggest winners from the pandemic and it looks like those tailwinds continue to blow. The company reported its Q3 results blowing past consensus estimates and offering improved guidance but the shares are falling anyway.

NYSE:WMT
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Home Depot Confirms A Trend Continuation 
November 16, 2021 6:20 AM ET

Home Depot Confirms A Trend Continuation 

Thomas Hughes

Shares of Home Depot (NYSE: HD) are moving higher in the wake of its 3rd quarter earnings and we are not surprised. The company beat the consensus on all metrics that count and provided a positive outlook for investors

NYSE:HD
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Desktop Metal Is A Meme-Stock In The Making 
November 16, 2021 6:00 AM ET

Desktop Metal Is A Meme-Stock In The Making 

Thomas Hughes

Shares of Desktop Metal (NYSE: DM)  fell to new lows in the wake of the Q3 earnings report but it is setting up an opportunity for traders. The new low is driven more by short-sellers than results and the results are indicative of future growth.

NYSE:DM
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Advance Auto Parts Is A Dividend Aristocrat In the Making 
November 16, 2021 4:10 AM ET

Advance Auto Parts Is A Dividend Aristocrat In the Making 

Thomas Hughes

Advance Auto Parts (NYSE: AAP) isn’t a high-yielding stock or even that close to becoming a Dividend Aristocrat but there is a story here we think dividend-growth investors will be interested in. The company has been working hard over the past few years to improve its balance sheet and the balance sheet is now a fortress.

NYSE:AAP
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FreightCar America, Inc. Insiders Are Riding These Rails Higher 
November 15, 2021 8:00 AM ET

FreightCar America, Inc. Insiders Are Riding These Rails Higher 

Thomas Hughes

Insider buying in FreightCar American, Inc (NASDAQ: RAIL)  marked a bottom in share prices late last year and now the institutions are helping to drive share prices higher. Insider activity has been non-existent since the last round of buying in November and December of 2020 but it was all bullish back then.

NASDAQ:RAIL
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Tyson Foods Is A Hedge Against Inflation? 
November 15, 2021 8:00 AM ET

Tyson Foods Is A Hedge Against Inflation? 

Thomas Hughes

As surprising as it may sound, Tyson Foods (NYSE: TSN) may be a hedge against the rising tide of consumer inflation. Call it a stretch, but the company is part of the infrastructure of American food and thereby qualifies as a real asset, at least to some degree.

NYSE:TSN
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Is It Time To Take A Ride With Lordstown Motors? 
November 12, 2021 8:00 AM ET

Is It Time To Take A Ride With Lordstown Motors? 

Thomas Hughes

No, Lordstown Motors (NASDAQ: RIDE) did not begin production of the Endurance yet but it is well on track to do so. No, the big news with Lordstown Motors is that is reached a definitive agreement with Foxconn for the production of the Endurance.

NASDAQ:RIDE
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Insiders May Cap Gains In Blink Charging Co. 
November 12, 2021 7:00 AM ET

Insiders May Cap Gains In Blink Charging Co. 

Thomas Hughes

After careful review of Blink Charging Co.’s (NASDAQ: BLNK) insider activity, we have come to the conclusion that insider selling capped gains earlier this year and may do so again. But there’s a caveat here. Insider selling isn’t the bad news that it could be and there are still big gains to be made.

NASDAQ:BLNK
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Big Gains Are Brewing For Dutch Bros Inc. 
November 12, 2021 2:30 AM ET

Big Gains Are Brewing For Dutch Bros Inc. 

Thomas Hughes

Dutch Bros Inc. (NYSE: BROS) caught our attention shortly after the IPO. The company operates a growing chain of coffee and specialty-drink establishments with a focus on drive-through capability.

NYSE:BROS
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Cricut Crafted Another Great Quarter 
November 12, 2021 2:00 AM ET

Cricut Crafted Another Great Quarter 

Thomas Hughes

Crafting king Cricut (NASDAQ: CRCT) came out of the gate strong following its IPO but growth appears to be slowing. The company reported a very good quarter but one in which growth slowed from high to low double-digits.

NASDAQ:CRCT
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