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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 122

UnitedHealth Group Rockets To New High
April 16, 2021 3:00 AM ET

UnitedHealth Group Rockets To New High

Thomas Hughes

Let's face it, the healthcare industry is growing and supported by government policy and that's why UnitedHealth Group (NYSE: UNH) is moving higher. Shares of UnitedHealth are moving up to a new all-time on better than expected results and raised guidance.

NYSE:UNH
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J.B. Hunt Transport Services Is Driving To New All-Time Highs
April 15, 2021 11:00 PM ET

J.B. Hunt Transport Services Is Driving To New All-Time Highs

Thomas Hughes

The J.B. Hunt Transportation Services (NASDAQ: JBHT) Q1 results prove the rebound in trucking is on. The industry has been in high demand over the last year but struggled to gain momentum until only very recently.

NASDAQ:JBHT
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PPG Industries Gives Evidence Of Broad-Based Systemic Recovery
April 15, 2021 11:00 PM ET

PPG Industries Gives Evidence Of Broad-Based Systemic Recovery

Thomas Hughes

PPG Industries (NYSE: PPG) is evidence of something we've seen brewing in the economy since the late 2nd quarter of 2020. A broad-based systemic economic recovery driven by high demand at all levels of the supply chains.

NYSE:PPG
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It’s Time To Make A Play On Oil 
April 15, 2021 4:05 AM ET

It’s Time To Make A Play On Oil 

Thomas Hughes

Based on the data it sure looks like oil prices are about to move higher. Not only is the world demand picture brightening but production has yet to pick up. The latest inventory data from EIA underscores this statement as it shows not only an acceleration of weekly drawdowns but a continuation of the trend of weaker than expected data. 

NYSE:XOMNYSEARCA:XLE
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Labor Is Leading This Market Higher
April 14, 2021 11:00 PM ET

Labor Is Leading This Market Higher

Thomas Hughes

This market is due for a correction but the timing, depth, and duration are questionable. In our view, a correction, if it comes, will set up the next truly great buying opportunity

NYSEARCA:SPY
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PepsiCo Floats Higher After Q1 Beat
April 14, 2021 11:00 PM ET

PepsiCo Floats Higher After Q1 Beat

Thomas Hughes

The Coca-Cola Company (NYSE: KO) is not a bad stock to own but it's not as good as PepsiCo (NASDAQ: PEP), not by a long shot, at least not in our opinion.

NASDAQ:PEPNYSE:KO
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JPMorgan Flat After Blow-Out Quarter 
April 13, 2021 11:00 PM ET

JPMorgan Flat After Blow-Out Quarter 

Thomas Hughes

If the banks are the new bellwether for stocks the Q1 results from JPMorgan Chase (NYSE: JPM) and its compatriots are indicating a very strong reporting season indeed.

NYSE:JPM
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The Lovesac Hyper-Growth Story Hits New High 
April 13, 2021 11:00 PM ET

The Lovesac Hyper-Growth Story Hits New High 

Thomas Hughes

Shares of Lovesac are down following blowout results that point to solid growth in the year ahead and set up a buying opportunity for savvy investors.

NASDAQ:LOVE
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The Q1 Earnings Outlook: Why You Should Be Ready For A Correction
April 13, 2021 3:45 AM ET

The Q1 Earnings Outlook: Why You Should Be Ready For A Correction

Thomas Hughes

The market is as highly valued as we've ever seen it and ripe for a correction. In our view, it's only a matter of timing, depth, and duration. If the Q1 reporting season fails to impress and not just with Q1 results the timing could be sooner rather than later. 

NYSEARCA:SPY
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Fastenal Is Why You Should Be Worried About The Broad Market
April 12, 2021 11:00 PM ET

Fastenal Is Why You Should Be Worried About The Broad Market

Thomas Hughes

Fastenal (NASDAQ: FAST) reported a decent FQ1 but the report is a great example of what we have begun to fear in the market. The results were completely as expected,  margins are under pressure, and costs are rising throughout the supply chain.

NASDAQ:FAST
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Organigram Down On COVID-19 Impact, Buying Opportunity In Sight
April 12, 2021 11:00 PM ET

Organigram Down On COVID-19 Impact, Buying Opportunity In Sight

Thomas Hughes

Cannabis investors that didn't get the message when Aphria (NASDAQ: APHA) reported should pay attention to Organigram (NASDAQ: OGI). The company just reported its worst results since the 2018 cannabis market implosion and has shares down by 10%.

NASDAQ:OGI
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Aphria Catches COVID-19, Revenue Down On Lockdowns
April 11, 2021 11:00 PM ET

Aphria Catches COVID-19, Revenue Down On Lockdowns

Thomas Hughes

Aphria (NASDAQ: APHA) reported its FQ3 results and revealed an issue that will likely plague the entire Canadian cannabis industry this earnings cycle

NASDAQ:APHA
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3 Top Stock Upgrades Moving The Tech Market
April 11, 2021 11:00 PM ET

3 Top Stock Upgrades Moving The Tech Market

Thomas Hughes

The tech stock is rebounding and these upgrades are helping leaders like NVIDIA and Microsoft set new all-time highs. The outlook for the Coinbase IPO is nice too.

NASDAQ:COINNASDAQ:MSFTNASDAQ:NVDA
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China's EV Market Ready To Charge Higher
April 11, 2021 11:00 PM ET

China's EV Market Ready To Charge Higher

Thomas Hughes

The latest data out of China shows that not only is China's auto market back to pre-pandemic levels but the EV market continues to take share. Data from China's Passenger Car Association show sales of passenger vehicles in the nation grew 70% in the first quarter

NYSE:NIO
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3 Sectors To Buy When The Market Pulls Back 
April 9, 2021 3:30 AM ET

3 Sectors To Buy When The Market Pulls Back 

Thomas Hughes

It’s been only a month since the S&P 500's last 5% correction and 5 months since the last 10% correction but we think another is on the way. Not because of any underlying weakness in the market but because of frothiness

NYSE:HVTNYSE:WSMNYSE:HD
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Levi Strauss & Co Is A Good Fit For Dividend-Growth Investors
April 8, 2021 11:00 PM ET

Levi Strauss & Co Is A Good Fit For Dividend-Growth Investors

Thomas Hughes

Levi Strauss & Co (NYSE: LEVI) caught our eye in the early spring of 2020 and has since outlived our expectations. The company represents what to us is the next generation of iconic American retailers,

NYSE:LEVI
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WD-40 Company In Tight Spot After FQ2 Results 
April 8, 2021 11:00 PM ET

WD-40 Company In Tight Spot After FQ2 Results 

Thomas Hughes

Shares of WD-40 Company (NASDAQ: WDFC) are down 15% in the wake of the Q2 results opening up a deep discount into a post-pandemic, economic-reopening winner.

NASDAQ:WDFC
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Lamb Weston Patiently Waiting For Reopening Surge
April 8, 2021 4:05 AM ET

Lamb Weston Patiently Waiting For Reopening Surge

Thomas Hughes

Lamb Weston (NYSE: LW) is among the very few consumer staples companies that have not had a fantastic post-COVID experience. The company, hampered by its exposure to restaurants and hospitality, saw its revenue drop sharply in the fiscal Q4 period of 2020

NYSE:LW
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Conagra Brands Will Sustain Growth This Year And Next
April 7, 2021 11:00 PM ET

Conagra Brands Will Sustain Growth This Year And Next

Thomas Hughes

Shares of Conagra Brands (NYSE: CAG) are holding steady in pre-market action following the release of FQ3/CQ1 results. The company reports a solid quarter and gave updated guidance that takes a certain point of view to fully appreciate.

NYSE:CAG
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Constellation Brands Down 5% On Better Than Expected Results
April 7, 2021 11:00 PM ET

Constellation Brands Down 5% On Better Than Expected Results

Thomas Hughes

Constellation Brands (NYSE: STZ) shares are down 5.0% in early action after posting a better-than-expected quarter. The catch is that results are better than the broad consensus of analysts, a consensus that has trailed reality as it has with so many other stocks in the market today.

NYSE:STZ
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Smart Global Holdings Business Acceleration Is Underway 
April 6, 2021 11:00 PM ET

Smart Global Holdings Business Acceleration Is Underway 

Thomas Hughes

Smart Global Holdings beat on the top and bottom line and provided blow-out guidance that points to rising share prices over teh short, mid and long-term.

NASDAQ:SGH
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RPM International Is Geared For Growth
April 6, 2021 11:00 PM ET

RPM International Is Geared For Growth

Thomas Hughes

Shares of RPM International are down following the Q2 earnings report but we expect this high-quality dividend growth stock to begin moving higher very soon.

NYSE:RPM
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3 Cannabis Penny Stocks For Biopharm Investors
April 6, 2021 3:03 AM ET

3 Cannabis Penny Stocks For Biopharm Investors

Thomas Hughes

Three biopharma cannabis companies for penny stock investors.

OTCMKTS:CBDHFNYSEAMERICA:CANF
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3 Undervalued And High-Yielding Consumer Staples Stocks 
April 5, 2021 11:00 PM ET

3 Undervalued And High-Yielding Consumer Staples Stocks 

Thomas Hughes

The consumer staples sector is among our top picks for dividend-growth investing but it pays to be choosy, here are three picks with value, growth, and yield.

NASDAQ:KHCNYSE:KNYSE:CAG
Read 3 Undervalued And High-Yielding Consumer Staples Stocks