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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 128

Covenant Logistics Group (NASDAQ:CVLG) Emerges From Tough Year
January 25, 2021 11:00 PM ET

Covenant Logistics Group (NASDAQ:CVLG) Emerges From Tough Year

Thomas Hughes

That’s why it is surprising to see Covenant Logistics Group (NASDAQ:CVLG) struggling so much but then we dug into the details. The company’s execs bit the bullet last year and delivered a much-needed dose of tough love.

NASDAQ:CVLGNASDAQ:ODFLNASDAQ:JBHT
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This Is Why Whirlpool (NYSE:WHR) Will Pop After Reporting Q4 Earnings
January 24, 2021 11:00 PM ET

This Is Why Whirlpool (NYSE:WHR) Will Pop After Reporting Q4 Earnings

Thomas Hughes

 Whirlpool (NYSE:WHR) is one of the company’s that you may not see as a big pandemic winner but let me remind you of two things. The first is that the shift to stay-at-home, home-improvement and the flight to the ‘burbs caused an industry-wide shortage of product.

NYSE:WHRNYSE:BBY
Read This Is Why Whirlpool (NYSE:WHR) Will Pop After Reporting Q4 Earnings
Another Buying Opportunity In Kimberly-Clark (NYSE:KMB)
January 24, 2021 11:00 PM ET

Another Buying Opportunity In Kimberly-Clark (NYSE:KMB)

Thomas Hughes

We have highlighted Kimberly-Clark (NYSE:KMB) as a stock you can own forever on more than one occasion. The company offers value, a safe dividend, and growth in a well-established bluechip name.

NYSE:KMB
Read Another Buying Opportunity In Kimberly-Clark (NYSE:KMB)
Buy Kinder Morgan, Inc While It Still Yields 6.75%
January 22, 2021 4:45 AM ET

Buy Kinder Morgan, Inc While It Still Yields 6.75%

Thomas Hughes

Kinder Morgan, Inc (NYSE:KMI) is very well-positioned for the coming rebound and a great example of why energy infrastructure is more valuable than energy, at least to an investor.

NYSE:KMI
Read Buy Kinder Morgan, Inc While It Still Yields 6.75%
Is It Time To Sell CSX Corporation (NASDAQ:CXS)?
January 21, 2021 11:00 PM ET

Is It Time To Sell CSX Corporation (NASDAQ:CXS)?

Thomas Hughes

Shares of CSX Corporation (NASDAQ:CSX) are moving lower in the early premarket session after a mixed Q4 earnings report. The report was better than expected in most regard but failed to do something the market was expecting.

NASDAQ:CSX
Read Is It Time To Sell CSX Corporation (NASDAQ:CXS)?
Down 28.5% In 24 Hours, Where Does Ethereum (ETH) Go From Here?
January 21, 2021 11:00 PM ET

Down 28.5% In 24 Hours, Where Does Ethereum (ETH) Go From Here?

Thomas Hughes

After rising more than 1,475% from the 2020 low of $90 Ethereum set a new all-time high of $1,1440 and then went into a tailspin. The price for the world’s second-largest cryptocurrency network by market cap fell 28.5% in a 24-hour period

Read Down 28.5% In 24 Hours, Where Does Ethereum (ETH) Go From Here?
Alcoa (NYSE:AA) Falls After Earnings Beat, Weak Guidance
January 20, 2021 11:00 PM ET

Alcoa (NYSE:AA) Falls After Earnings Beat, Weak Guidance

Thomas Hughes

 Alcoa’s (NYSE:AA) place as a bellwether of the economy has long-passed at least in its importance to the market. The company is no longer hailed as the first major report of the season,

NYSE:AA
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Citrix Systems (NASDAQ:CTXS) Poised To Grow In 2021, Shares Fall Anyway
January 20, 2021 11:00 PM ET

Citrix Systems (NASDAQ:CTXS) Poised To Grow In 2021, Shares Fall Anyway

Thomas Hughes

Shares of Citrix Systems (NASDAQ:CTXS) are edging higher in the premarket session on a double-shot of good news. The company reports not only solid results for the Q4 and 2020 period but it also guided the coming year higher and announced an acquisition

NASDAQ:CTXS
Read Citrix Systems (NASDAQ:CTXS) Poised To Grow In 2021, Shares Fall Anyway
These Dapps Are Taking Some Of The Risk Out Of Defi
January 20, 2021 4:00 AM ET

These Dapps Are Taking Some Of The Risk Out Of Defi

Thomas Hughes

You may think that rocketing prices is the biggest trend in cryptocurrency this year but you’d be wrong, it’s defi. Rocketing prices are certainly something to get excited about but the underlying cause is defi.

Read These Dapps Are Taking Some Of The Risk Out Of Defi
JB Hunt (NASDAQ:JBHT) Crashes After Mixed Quarter
January 19, 2021 11:00 PM ET

JB Hunt (NASDAQ:JBHT) Crashes After Mixed Quarter

Thomas Hughes

J.B. Hunt (NASDAQ:JBHT) and the entire trucking industry is at a crossroads. Rising demand is driving revenue gains across the industry while a shortage of drivers impairs profitability.

NASDAQ:JBHT
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Fastenal (NASDAQ:FAST) Down On Tepid Earnings
January 19, 2021 11:00 PM ET

Fastenal (NASDAQ:FAST) Down On Tepid Earnings

Thomas Hughes

Fastenal (NASDAQ:FAST) reported an OK quarter but not a great one and one with a puzzling surprise. While the homebuilding market seems to be ramping up sales of fastener products are lagging.

NASDAQ:FAST
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Logitech (NASDAQ:LOGI) Rides An Accelerating Trend To New Highs
January 18, 2021 11:00 PM ET

Logitech (NASDAQ:LOGI) Rides An Accelerating Trend To New Highs

Thomas Hughes

stay-at-home, play-at-home not only put a heavy demand on the tech industry but proved to us all that tech works. That demand is driving strong results across the tech space and no company is better positioned for growth than Logitech International (NASDAQ:LOGI).

NASDAQ:LOGI
Read Logitech (NASDAQ:LOGI) Rides An Accelerating Trend To New Highs
Is Canada Goose (NYSE:GOOS) A Buy Before Earnings
January 18, 2021 11:00 PM ET

Is Canada Goose (NYSE:GOOS) A Buy Before Earnings

Thomas Hughes

Canada Goose (NYSE:GOOS) is an interesting play on the consumer for many reasons. Not only is it a luxury apparel manufacturer but it is also a seasonal play that is coming up on a hurdle, the Q3 earnings report.

NYSE:GOOS
Read Is Canada Goose (NYSE:GOOS) A Buy Before Earnings
Defi Is The Next Generation For Cryptocurrency Investors
January 15, 2021 4:12 AM ET

Defi Is The Next Generation For Cryptocurrency Investors

Thomas Hughes

Defi or decentralized finance is the next generation for the cryptocurrency market and investors. Also known as smart contracts, defi is a means of locking value into a blockchain and then leveraging it for profits.

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JP Morgan Chase (NYSE:JPM) Is A Buy On Post-Earnings Weakness
January 14, 2021 11:00 PM ET

JP Morgan Chase (NYSE:JPM) Is A Buy On Post-Earnings Weakness

Thomas Hughes

The entire banking sector began moving higher late in 2020 following the Fed’s stress tests. While some banks were found deficient others, like JP Morgan Chase (NYSE:JPM), were not

NYSE:JPM
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Progress Software (NASDAQ:PRGS) Slips After Weak Guidance
January 14, 2021 11:00 PM ET

Progress Software (NASDAQ:PRGS) Slips After Weak Guidance

Thomas Hughes

Progress Software (NASDAQ:PRGS) is well-positioned for 2021 as the purveyor of business applications and related solutions. The company experienced a small hiccup during the middle of 2020 but that is no surprise.

NASDAQ:PRGS
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Exxon’s (NYSE:XOM) 7% Yield Is A Buy And Hold For 2021
January 14, 2021 4:13 AM ET

Exxon’s (NYSE:XOM) 7% Yield Is A Buy And Hold For 2021

Thomas Hughes

The bull case or oil and energy stocks only gets stronger. That’s why it’s no surprise to see that Exxon (NYSE:XOM) has been getting upgraded and that its shares prices are moving higher as well.

NYSE:XOM
Read Exxon’s (NYSE:XOM) 7% Yield Is A Buy And Hold For 2021
This Is Why Ethereum (ETH) Will Set New All-Time Highs In 2021
January 13, 2021 11:00 PM ET

This Is Why Ethereum (ETH) Will Set New All-Time Highs In 2021

Thomas Hughes

Ethereum (ETH) is not immune to this phenomenon but that doesn’t mean you shouldn’t own it. Cryptocurrency and Ethereum are ushering in a new age of fintech that will only grow in the coming years.

Read This Is Why Ethereum (ETH) Will Set New All-Time Highs In 2021
Bank Of America Gets Bullish On Semiconductors
January 13, 2021 11:00 PM ET

Bank Of America Gets Bullish On Semiconductors

Thomas Hughes

Bank of America reiterated its bullish call on the semiconductor as it expects a rapid acceleration of growth. The firm points to a cyclical shift that should underpin growth for many years.

NASDAQ:INTCNASDAQ:AMAT
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Acacia Communications, Inc (NASDAQ:ACIA) Melts Up After Cisco Buyout Melts Down
January 13, 2021 4:29 AM ET

Acacia Communications, Inc (NASDAQ:ACIA) Melts Up After Cisco Buyout Melts Down

Thomas Hughes

Acacia Communiciations, Inc (NASDAQ:ACIA) made big headlines a week or so ago when it terminated a take-over offer from Cisco (NASDAQ:CSCO).

NASDAQ:ACIANASDAQ:CSCO
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Is IHS Markit Ltd (NYSE:INFO) Still A Buy?
January 12, 2021 11:00 PM ET

Is IHS Markit Ltd (NYSE:INFO) Still A Buy?

Thomas Hughes

IHS Markit (NYSE:INFO) emerged as a pandemic winner over the summer for a couple of reasons that really don’t have much to do with the pandemic. The company isn’t a stay-at-home consumer goods retaile

NYSE:INFO
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Building A Bull Case For KB Home (NYSE:KBH)
January 12, 2021 11:00 PM ET

Building A Bull Case For KB Home (NYSE:KBH)

Thomas Hughes

KB Home (NYSE:KBH) didn’t exactly have a great quarter and yet shares are rising. The company reported a double-digit decline in revenue that is driven more by the pandemic than by demand or business.

NYSE:KBH
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What To Expect From The S&P 500 (NYSEARCA:SPY) Q4 Earnings Cycle
January 12, 2021 4:30 AM ET

What To Expect From The S&P 500 (NYSEARCA:SPY) Q4 Earnings Cycle

Thomas Hughes

With the Q4 reporting season about to kick-off, there is reason to believe that earnings for the S&P 500 (NYSEARCA:SPY), however good they may be, are not going to be good enough to keep the rally in gear.

Read What To Expect From The S&P 500 (NYSEARCA:SPY) Q4 Earnings Cycle
Two More EV Startups For Your Watchlist
January 11, 2021 11:00 PM ET

Two More EV Startups For Your Watchlist

Thomas Hughes

The EV market is going to be one of if not the hottest growth story over the next few years. The total market is worth less than 3% of vehicle sales worldwide and expected to grow at a 35% to 45% CAGR over the next two decades.

NYSE:GOEVNYSE:MGA
Read Two More EV Startups For Your Watchlist