Free Trial

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 107

Sherwin-Williams Breaks Out To New Highs
October 27, 2021 4:11 AM ET

Sherwin-Williams Breaks Out To New Highs

Thomas Hughes

Sherwin-Williams (NYSE: SHW) share prices are moving sharply higher despite a lackluster Q3 earnings report and guidance and the reason is simple. The mixed results were expected given similar performances from competitors PPG Industries and RPM International and, given the state of the global supply chain, better than they could have been.

NYSE:SHW
Read Sherwin-Williams Breaks Out To New Highs
High Demand A Good Problem For Packaging Corporation Of America 
October 26, 2021 6:35 AM ET

High Demand A Good Problem For Packaging Corporation Of America 

Thomas Hughes

Packaging Corporation of America (NYSE: PKG) is not immune to the effects of the global supply chain disruptions but it is navigating the environment well. The company reported significant hurdles to revenue and earnings in the form of freight availability and cost, labor costs, and input costs but was able to more than make up the difference.

NYSE:PKG
Read High Demand A Good Problem For Packaging Corporation Of America 
Flexsteel Is Flexing Its Muscles, Again
October 26, 2021 6:10 AM ET

Flexsteel Is Flexing Its Muscles, Again

Thomas Hughes

Flexsteel (NASDAQ: FLXS) and the rest of the furniture industry have been working hard to improve their supply chains. That’s not a surprise, the world is struggling with supply chain issues right now, but you may be surprised to know this has been going on for years.

NASDAQ:FLXS
Read Flexsteel Is Flexing Its Muscles, Again
High-Yield Dividend King Kimberly-Clark Is On Sale 
October 26, 2021 3:34 AM ET

High-Yield Dividend King Kimberly-Clark Is On Sale 

Thomas Hughes

Kimberly-Clark (NYSE: KMB) didn’t have a good or a bad quarter, just one that highlights issues that are building within the market. The number one is inflation.

NYSE:KMB
Read High-Yield Dividend King Kimberly-Clark Is On Sale 
Restaurant Brands International Dives To Support
October 26, 2021 3:28 AM ET

Restaurant Brands International Dives To Support

Thomas Hughes

Restaurant Brands International (NYSE: QSR) is a uniquely organized restaurant corporation with both dine-in and fast-food establishments in the mix. This positioned it well for the pandemic because strength in one was able to offset weakness in the other and now both segments are back on track for growth.

NYSE:QSR
Read Restaurant Brands International Dives To Support
Supply Issues Give Lennox Investors A Chill 
October 25, 2021 9:00 AM ET

Supply Issues Give Lennox Investors A Chill 

Thomas Hughes

Lennox International (NYSE: LII) is evidence the systemic issues plaguing the market are not something to be ignored. While the average S&P 500 company is still beating the consensus figures that is not true across the market.

NYSE:LII
Read Supply Issues Give Lennox Investors A Chill 
V.F. Corporation Struggles With Supply Chain 
October 25, 2021 8:00 AM ET

V.F. Corporation Struggles With Supply Chain 

Thomas Hughes

V.F. Corporation (NYSE: VFC) reported a very good quarter and gave an upbeat outlook but the writing is on the wall. Not only were the results deeply impacted by systemic supply issues specifically port delays in California but the outlook is tenuous as well.

NYSE:VFC
Read V.F. Corporation Struggles With Supply Chain 
To The Moon? Tesla’s Price Is Going To Mars 
October 25, 2021 7:00 AM ET

To The Moon? Tesla’s Price Is Going To Mars 

Thomas Hughes

Love him or hate him, Elon Musk has taken Tesla (NASDAQ: TSLA) to new heights and the climb has only just begun. While the EV story here on earth is a compelling driver of the stock’s value, in our opinion it is the Mars angle that will keep it moving up over the long term.

NASDAQ:TSLA
Read To The Moon? Tesla’s Price Is Going To Mars 
Shares Of Whirlpool Are Not Going Down The Drain
October 22, 2021 8:00 AM ET

Shares Of Whirlpool Are Not Going Down The Drain

Thomas Hughes

Whirlpool’s (NYSE: WHR) Q3 earnings report was a little bit less than expected but, ultimately, the company's business is still very strong. More importantly, cash flow and free cash flow generation are reaching record levels and driving share repurchases, and sustaining a strong dividend yield.

NYSE:WHR
Read Shares Of Whirlpool Are Not Going Down The Drain
Chipotle Mexican Grill Adds Spice To Earnings Season
October 22, 2021 7:00 AM ET

Chipotle Mexican Grill Adds Spice To Earnings Season

Thomas Hughes

Chipotle Mexican Grill (NYSE: CMG) is an investment story that just keeps getting better. What was once a stock languishing in the wake of a food-borne-illness scandal is now a vibrant post-pandemic growth story with legs.

NYSE:CMG
Read Chipotle Mexican Grill Adds Spice To Earnings Season
Snap-on Falls On Lackluster Guidance 
October 22, 2021 4:00 AM ET

Snap-on Falls On Lackluster Guidance 

Thomas Hughes

If there is one thing the market needs from Snap-on (NYSE: SNA) and other globally oriented companies is a little reassurance in the supply chain. While Snap-on did not give any specific guidance the lack of details is less than reassuring in a world where supply disruptions, inflation, and labor shortages are impacting both the top and bottom lines.

NYSE:SNAP
Read Snap-on Falls On Lackluster Guidance 
Life Out Here Is Better Than Ever For Tractor Supply Co. 
October 21, 2021 9:00 AM ET

Life Out Here Is Better Than Ever For Tractor Supply Co. 

Thomas Hughes

Tractor Supply Company’s (NASDAQ: TSCO) Q3 results are proof that the re-ruralization of America continues to gain traction. As America’s urbanites flee the city for comfortable surroundings they are driving sales in areas underserved by Walmart, Target, Home Depot and Lowe’s and those are the areas where Tractor Supply Company operates.

NASDAQ:TSCO
Read Life Out Here Is Better Than Ever For Tractor Supply Co. 
Crocs Bites Back At Inflation, Shares Soar
October 21, 2021 8:00 AM ET

Crocs Bites Back At Inflation, Shares Soar

Thomas Hughes

Crocs (NASDAQ: CROX) proves that systemic, global supply-chain disruptions and hot inflation are not impacting all companies the same. While many of the U.S. leading companies are showing the impact of disruptions on both the top and bottom line Crocs is not.

NASDAQ:CROX
Read Crocs Bites Back At Inflation, Shares Soar
PPG Industries, Inc. Cast A Dark Shadow On The US Economy
October 21, 2021 7:00 AM ET

PPG Industries, Inc. Cast A Dark Shadow On The US Economy

Thomas Hughes

PPG Industries (NYSE: PPG) had a great quarter in the fiscal third quarter of the year. PPG Industries also had a terrible quarter in the third quarter of the year and one that raises serious questions about the US economy.

NYSE:PPG
Read PPG Industries, Inc. Cast A Dark Shadow On The US Economy
Delta COVID Cuts Into Brinker International, Inc. Results
October 21, 2021 4:20 AM ET

Delta COVID Cuts Into Brinker International, Inc. Results

Thomas Hughes

We called a bottom for Brinker International following the last earnings report but that was before the company caught COVID. The company missed the consensus estimate for calendar Q2 by a slim margin but produced a high 20% growth rate versus the two-years ago period.

NYSE:EAT
Read Delta COVID Cuts Into Brinker International, Inc. Results
Verizon Moves Higher On Strong Outlook
October 21, 2021 4:00 AM ET

Verizon Moves Higher On Strong Outlook

Thomas Hughes

We called out Verizon a few weeks ago has a high yield stock that just went on sale. A downgrade from Barclays on a diminished outlook sent the stock down to an 18-month low that now, in hindsight, looks like a class-A buying opportunity.

NYSE:VZ
Read Verizon Moves Higher On Strong Outlook
Winnebago Industries, Inc. Comfortably Beat Consensus
October 20, 2021 8:00 AM ET

Winnebago Industries, Inc. Comfortably Beat Consensus

Thomas Hughes

We were expecting great things from Winnebago in its calendar Q3 report and great things are what we got. The company beat on the top and bottom-line driven by strong demand across all of its and markets and shares are moving higher because of it.

NYSE:WGO
Read Winnebago Industries, Inc. Comfortably Beat Consensus
Dividend Aristocrat Abbott Laboratories Is On Track For New Highs
October 20, 2021 8:00 AM ET

Dividend Aristocrat Abbott Laboratories Is On Track For New Highs

Thomas Hughes

Abbott Laboratories has been one of our favorite dividend-paying stocks for quite some time. The yield isn’t much to brag about at 1.5% but it's an incredibly safe payout and backed up by a 32-year history of dividend increases.

NYSE:AABT
Read Dividend Aristocrat Abbott Laboratories Is On Track For New Highs
WD-40 Company Gets Stuck With Inflation
October 20, 2021 7:00 AM ET

WD-40 Company Gets Stuck With Inflation

Thomas Hughes

WD-40 Company is a great growth story and one that we have been avidly following for the last 2 years or so. The company has been working hard to expand its reach, deepen its market penetration and grow both the top and bottom lines.

NASDAQ:WDFC
Read WD-40 Company Gets Stuck With Inflation
Johnson & Johnson Rockets Higher Despite Mixed Results
October 20, 2021 4:00 AM ET

Johnson & Johnson Rockets Higher Despite Mixed Results

Thomas Hughes

If you're looking for a safe place to park some money with an expectation for capital gains, above-average dividend yields, and dividend growth you could do a lot worse than Johnson & Johnson. The company is trading at a value relative to the broad market while yielding more than 2.5%

NYSE:JNJ
Read Johnson & Johnson Rockets Higher Despite Mixed Results
Dividend King Dover Corporation Raises Guidance 
October 20, 2021 2:00 AM ET

Dividend King Dover Corporation Raises Guidance 

Thomas Hughes

While still impacted by the global supply chain issues, early cycle companies like Dover Corporation are proving to be better positioned for the supply chain crunch. The supply chain crunch is underpinned by several trends, one of which is low inventories throughout the system.

NYSE:DOV
Read Dividend King Dover Corporation Raises Guidance 
Steel Dynamics Could Set A New All-Time High, Soon
October 19, 2021 7:00 AM ET

Steel Dynamics Could Set A New All-Time High, Soon

Thomas Hughes

Steel Dynamics received a downgrade from Morgan Stanley just hours before the company released its fiscal Q3 earnings report. In hindsight, it seems as though Morgan Stanley may have acted hastily with the downgrade because, in our view, this stock is going to new all-time highs very soon.

NASDAQ:STLD
Read Steel Dynamics Could Set A New All-Time High, Soon
ManpowerGroup Inc Plunges On Mixed Results
October 19, 2021 7:00 AM ET

ManpowerGroup Inc Plunges On Mixed Results

Thomas Hughes

ManpowerGroup Inc’s Q3 earnings report gives evidence of just how finicky the market is. The company reported a great quarter but gave mixed results in regards to the analyst consensus and shares are down more than 7% because of it.

NYSE:MAN
Read ManpowerGroup Inc Plunges On Mixed Results
Clarus Corporation Climbs To New Highs
October 19, 2021 4:04 AM ET

Clarus Corporation Climbs To New Highs

Thomas Hughes

Clarus Corporation appears to be perfectly positioned for today's times. The company operates in two segments with strong secular tailwinds blowing in both that we do not see subsiding. On the one hand, is the Black Diamond equipment segment offering highly desirable gear for winter sports enthusiasts while on the other is Sierra.

NASDAQ:CLAR
Read Clarus Corporation Climbs To New Highs