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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 123

Undervalued Spectrum Brands Moves Higher After Upgrade
April 5, 2021 11:00 PM ET

Undervalued Spectrum Brands Moves Higher After Upgrade

Thomas Hughes

Shares of undervalued consumer staples stock Spectrum Brands are moving higher following an upgrade, read on to find out how high they will go.

NYSE:SPB
Read Undervalued Spectrum Brands Moves Higher After Upgrade
3 Headlines Moving The EV Market Today
April 4, 2021 11:00 PM ET

3 Headlines Moving The EV Market Today

Thomas Hughes

In our view, as aggressive as the estimates are, a 40% to 50% CAGR for the EV industry may be the benchmark for growth over the next two decades and not the ceiling.  Today's news includes three headlines that have markets moving, headlines that represent opportunities for EV investors. 

NYSE:GMNYSE:FNASDAQ:TSLA
Read 3 Headlines Moving The EV Market Today
3 Upgrades Moving Markets Ahead Of Q1 Earnings 
April 4, 2021 11:00 PM ET

3 Upgrades Moving Markets Ahead Of Q1 Earnings 

Thomas Hughes

What’s more, with the outlook for Q2 and Q3 on the rise this situation could linger well into the second half of the year if not beyond and lead the market higher the entire time. 

NYSE:JBLUNYSEARVA:XLFNYSE:RBLX
Read 3 Upgrades Moving Markets Ahead Of Q1 Earnings 
3 Cannabis Penny Stocks To Buy Now 
April 2, 2021 3:30 AM ET

3 Cannabis Penny Stocks To Buy Now 

Thomas Hughes

Today’s lineup up of cannabis penny stocks includes not one but three stocks on track to grow in 2021 or that are already growing and producing profits. 

OTCMKTS:VVCIFOTCMKTS:SPRWFOTCMKTS:VRNDF
Read 3 Cannabis Penny Stocks To Buy Now 
Six (6) Reasons Why Bitcoin Will Hit $90,000 This Year 
April 1, 2021 4:05 AM ET

Six (6) Reasons Why Bitcoin Will Hit $90,000 This Year 

Thomas Hughes

Here are six more reasons why BTC is going to keep moving higher and where we think it is heading.

Read Six (6) Reasons Why Bitcoin Will Hit $90,000 This Year 
Carmax Growth Is Priced In, Shares Fall After Q4 Release 
March 31, 2021 11:00 PM ET

Carmax Growth Is Priced In, Shares Fall After Q4 Release 

Thomas Hughes

Carmax (NYSE:KMX) reported its Q4 earnings and confirmed a situation we’ve been monitoring closely. The report was good enough but failed to do one thing. The report failed to impress the market,

NYSE:KMX
Read Carmax Growth Is Priced In, Shares Fall After Q4 Release 
Micron Technologies Surges On Record Auto, Mobile Sales 
March 31, 2021 11:00 PM ET

Micron Technologies Surges On Record Auto, Mobile Sales 

Thomas Hughes

Shares of Micron Technologies are heading to a new all-time high after reporting 2Q results and guiding the market higher.

NASDAQ:MU
Read Micron Technologies Surges On Record Auto, Mobile Sales 
4 Upgrades Dividend Growth Investors Need To Own 
March 31, 2021 4:00 AM ET

4 Upgrades Dividend Growth Investors Need To Own 

Thomas Hughes

Four stocks on the cusp of Q1 earnings are getting upgrades and that is good news for dividend growth investors.

NYSE:DPZNYSE:KNYSE:PG
Read 4 Upgrades Dividend Growth Investors Need To Own 
Chewy Is Gobbling Up The Market And Spitting Out Profits 
March 30, 2021 11:00 PM ET

Chewy Is Gobbling Up The Market And Spitting Out Profits 

Thomas Hughes

We have liked Chewy, Inc (NYSE: CHWY) from the moment the company went public. The stock is truly the best-in-breed in a rapidly growing segment that is supported by not one but two secular trends.

NYSE:CHWY
Read Chewy Is Gobbling Up The Market And Spitting Out Profits 
Walgreen’s Boots Alliance Recovery Takes Off
March 30, 2021 11:00 PM ET

Walgreen’s Boots Alliance Recovery Takes Off

Thomas Hughes

Walgreen's Boots Alliance is breaking out to new highs following its FQ2 earnings release.

NASDAQ:WBA
Read Walgreen’s Boots Alliance Recovery Takes Off
4 Hot Penny Stocks For Your Watchlist 
March 30, 2021 3:45 AM ET

4 Hot Penny Stocks For Your Watchlist 

Thomas Hughes

If you are looking to add a couple of hot names to your penny stock portfolio look no further than this.

NYSE:DSOTCMKTS:LTNCOTCMKTS:CYPW
Read 4 Hot Penny Stocks For Your Watchlist 
3 Reasons We Think Akamai Is A Buy
March 29, 2021 11:00 PM ET

3 Reasons We Think Akamai Is A Buy

Thomas Hughes

Akamai (NASDAQ: AKAM) is shaping up to be a great buy going into the calendar Q1 reporting season and there are more reasons than one. Aside from the company’s great position as a cloud-focused web-services company

NASDAQ:AKAM
Read 3 Reasons We Think Akamai Is A Buy
Canoo Stock Sinks After No-Revenue Quarter 
March 29, 2021 11:00 PM ET

Canoo Stock Sinks After No-Revenue Quarter 

Thomas Hughes

Canoo (NASDAQ: GOEV) is one of the hot up-and-comers in the EV market having gone SPAC late last year and on track to begin deliveries in 2022. Shares of Canoo sank 25% after an expected no-revenue quarter scuttled the market.

NASDAQ:GOEV
Read Canoo Stock Sinks After No-Revenue Quarter 
Cal-Maine Reinstates Dividend After Strong Quarter
March 28, 2021 11:00 PM ET

Cal-Maine Reinstates Dividend After Strong Quarter

Thomas Hughes

Cal-Maine (NASDAQ: CALM) is America’s largest producer of shell eggs and a growing concern. While the company’s revenue, earnings, and dividend can be volatile the reason is egg pricing and the cost of feed and not the company’s growth.

NASDAQ:CALM
Read Cal-Maine Reinstates Dividend After Strong Quarter
4 Upgrades In Big Tech Moving The Markets Now 
March 28, 2021 11:00 PM ET

4 Upgrades In Big Tech Moving The Markets Now 

Thomas Hughes

Tech is the new normal, we live it, breathe and love it, for the most part, it isn’t going anywhere and neither are consumers. While price action may be down it won’t stay down for long and these upgrades highlight what we mean.  .

NASDAQ:AMZNNASDAQ:MUNYSE:CVNA
Read 4 Upgrades In Big Tech Moving The Markets Now 
Polaris Is An EV Stock Any Investor Can Own 
March 25, 2021 11:00 PM ET

Polaris Is An EV Stock Any Investor Can Own 

Thomas Hughes

We like it when a stock is supported by multiple growth trends and that is what we have with Polaris (NYSE: PII). Polaris is a manufacturer of recreational vehicles such as ATVs, snowmobiles, and jet skis and one that is also getting into the EV market.

NYSE:PIINASDAQ:GPNYSE:REVG
Read Polaris Is An EV Stock Any Investor Can Own 
Darden Restaurants Looks Tasty For The Recovery 
March 25, 2021 11:00 PM ET

Darden Restaurants Looks Tasty For The Recovery 

Thomas Hughes

Shares of Darden Restaurants are on the move and about to break to new highs, find out what's moving them and how high they may go.

NYSE:DRI
Read Darden Restaurants Looks Tasty For The Recovery 
Strong Tailwinds Spike Big Moves In These 3 Stocks
March 25, 2021 11:00 PM ET

Strong Tailwinds Spike Big Moves In These 3 Stocks

Thomas Hughes

The gainers and losers list is always a great place to go when looking for trading or investing ideas. With only a little sifting and chart-checking average investors should be able to come up with at least a few ideas if not one or two great ones.

NYSE:OLNNYSE:RHNASDAQ:PLAY
Read Strong Tailwinds Spike Big Moves In These 3 Stocks
Is-Ugly Duckling Steelcase Ready To Fly 
March 25, 2021 4:05 AM ET

Is-Ugly Duckling Steelcase Ready To Fly 

Thomas Hughes

We don’t want to single out Steelcase (NYSE:SCS) as a bad investment because it’s not. What it is is a uniquely positioned company within a very good industry.

NYSE:SCS
Read Is-Ugly Duckling Steelcase Ready To Fly 
Ride In Style With Winnebago’s Triple-Digit Backlog Increase
March 24, 2021 11:00 PM ET

Ride In Style With Winnebago’s Triple-Digit Backlog Increase

Thomas Hughes

Shares of WGO are pulling back following a better than expected earnings report and presenting an opportune time to buy into this post-pandemic growth story.

NYSE:WGO
Read Ride In Style With Winnebago’s Triple-Digit Backlog Increase
Is Shoe Carnival Is A Comfortable Fit For Your Portfolio?
March 24, 2021 11:00 PM ET

Is Shoe Carnival Is A Comfortable Fit For Your Portfolio?

Thomas Hughes

Shoe Carnival (NASDAQ: SCVL) is one of those underappreciated pandemic winners that just keeps on delivering. The company’s efforts in eCommerce and safe store operations have driven the company to great success and have it on track for YOY growth in 2021 and beyond.

NASDAQ:SCVL
Read Is Shoe Carnival Is A Comfortable Fit For Your Portfolio?
The EV Market Goes Into Overdrive 
March 24, 2021 3:30 AM ET

The EV Market Goes Into Overdrive 

Thomas Hughes

Volkswagen ups the ante in EV while start-up Arrival chooses its board of directors before going SPAC.

OTCMKTS:VLKAYNASDAQ:CIIC
Read The EV Market Goes Into Overdrive 
Two Business Services Stocks That Are On The Move 
March 24, 2021 3:00 AM ET

Two Business Services Stocks That Are On The Move 

Thomas Hughes

Estimates for GDP growth in 2021 continue to rise and now stand above 10% for the year which is quite a feat not to mention an opportunity for businesses servicing other businesses for their income. 

NASDAQ:SNXNASDAQ:RAVN
Read Two Business Services Stocks That Are On The Move 
Gamestop Falls After Earnings, The Bears Are In Control 
March 23, 2021 11:00 PM ET

Gamestop Falls After Earnings, The Bears Are In Control 

Thomas Hughes

The Gamestop (NYSE: GME) earnings report and price action that followed reinforces our viewpoint on the stock, Shares of Gamestop are moving lower after the Q4 earnings release, read on to find out how low they could go!

NYSE:GME
Read Gamestop Falls After Earnings, The Bears Are In Control 
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