Free Trial

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 25

United States stock market chart and rising red arrow, financial data. Employment, interest, inflation, recession, economy and financial concept background image
July 12, 2024 5:00 AM ET

Overcoming Hurdles: This Stock is Ready for New All-Time Highs

Thomas Hughes

WD-40 Company is highly valued but worth every penny because of cash flow; the short-interest is a hurdle, but the trend is up, and new highs are coming.

NASDAQ:WDFC
Read Overcoming Hurdles: This Stock is Ready for New All-Time Highs
Concept of Dividend Aristocrat write on sticky notes isolated on Wooden Table.
July 11, 2024 10:37 AM ET

Surprise Buying Opportunity on This Dividend Aristocrat

Thomas Hughes

PepsiCo's dividend is safe. The stock price drop is a good time to buy more and will likely lead to a trend-following signal and multi-year rally.

NASDAQ:PEP
Read Surprise Buying Opportunity on This Dividend Aristocrat
Airplane landing with sunset
July 11, 2024 7:49 AM ET

It’ll Be Touch-and-Go for This Major Airline: Buy the Dip

Thomas Hughes

Delta Air Lines' results caused its share price to come in for a landing but it could be touch and go for this market: Delta had a good quarter and reduced debt

NYSE:DAL
Read It’ll Be Touch-and-Go for This Major Airline: Buy the Dip
Young people eating sushi in Asian restaurant
July 11, 2024 5:16 AM ET

Why Now Is the Perfect Time to Bite Into This Restaurant Stock

Thomas Hughes

Kura Sushi is setting up for a meme-quality short squeeze; it only needs the catalyst. The difference is that this is a stock you'll want to own, not trade.

NASDAQ:KRUS
Read Why Now Is the Perfect Time to Bite Into This Restaurant Stock
Composition of scientists in ppe suits with test tubes working in laboratory and chemical compounds
July 11, 2024 5:12 AM ET

3 Beaten Down Pharmaceuticals With Catalysts for Higher Prices 

Thomas Hughes

Beaten-down stocks offer value to investors, but not all are worth buying. This is a look at three biopharma at long-term lows with catalysts for higher prices.

NASDAQ:ACRSNASDAQ:CRSPNASDAQ:OTLK
Read 3 Beaten Down Pharmaceuticals With Catalysts for Higher Prices 
Close up of a man's hand on the gear lever of a car, concept of speed and gear lever, close up of hands accelerating on the gear lever
July 10, 2024 10:14 AM ET

This Stock's Price Shifts Into High Gear With Analyst Upgrades

Thomas Hughes

Analysts signal a shift in sentiment for Carvana, which has the market shifting into high gear. The outlook is for new multiyear highs.

NYSE:CVNA
Read This Stock's Price Shifts Into High Gear With Analyst Upgrades
Technician installing RAM stick (random access memory) to socket on motherboard
July 10, 2024 8:29 AM ET

This Tech Stock Can Set a Multiyear High with AI-Powered Growth

Thomas Hughes

SGH is emerging as an AI winner due to demand for its memory, intelligent platforms, and LED technology. Analysts rate the stock as a buy and lead it higher.

NASDAQ:SGH
Read This Tech Stock Can Set a Multiyear High with AI-Powered Growth
Image of Young woman using smartphone for online shopping
July 10, 2024 5:11 AM ET

Jumia Technologies Stock Jumps: Analyst Update Drives 30% Gain

Thomas Hughes

Jumia Technology is initiated at Buy by Benchmark, sending its shares up by 30% and more gains are coming. This company is well-positioned to capture eCommerce

NASDAQ:AMZNNYSE:JMIA
Read Jumia Technologies Stock Jumps: Analyst Update Drives 30% Gain
Businessman controlling the market with strings
July 9, 2024 9:27 AM ET

3 Insider-Buy Stocks to Add to Your Watchlist Now

Thomas Hughes

Insiders are buying these stocks that should be on your radar, but only two are set up to rebound and move higher today; the third may move lower first.

NYSE:LEGNASDAQ:BCRXNYSE:PBF
Read 3 Insider-Buy Stocks to Add to Your Watchlist Now
AI cybersecurity padlock computer
July 9, 2024 8:26 AM ET

Commvault Stock: AI Cybersecurity Giant Ready to Double Again

Thomas Hughes

Commvault's shift to the SaaS model is gaining traction and driving growth for this AI-powered data protection service. Analysts and institutions are buying.

NASDAQ:CVLT
Read Commvault Stock: AI Cybersecurity Giant Ready to Double Again
Black railway tanker cars of the type used to transport petroleum products. Several cars visible on two separate sets of tracks. Identification markings have been removed, only technical infomation remains.
July 9, 2024 5:19 AM ET

Greenbrier Companies Stock Enters Buy Zone – Opportunity Knocks

Thomas Hughes

The Greenbrier Companies struggled in Q3 but sustained its fortress balance sheet and guided for growth to resume soon. The dividend is safe.

NYSE:GBX
Read Greenbrier Companies Stock Enters Buy Zone – Opportunity Knocks
Hot Stock Splits Ahead: 3 Major Ones to Put on Your Watchlist
July 9, 2024 5:00 AM ET

Hot Stock Splits Ahead: 3 Major Ones to Put on Your Watchlist

Thomas Hughes

Stock splits don't alter the fundamental drivers of a stock's price, but only good companies have a reason or need to do it.

NASDAQ:AVGONYSE:WMTNASDAQ:NVDA
Read Hot Stock Splits Ahead: 3 Major Ones to Put on Your Watchlist
solar panels
July 8, 2024 8:23 AM ET

Analysts Unveil Surprising Forecast: First Solar Stock to Surge

Thomas Hughes

First Solar rebounds after a 20% correction and could rise 20% this year. Analysts are lifting their targets and see this stock moving higher.

NASDAQ:FSLR
Read Analysts Unveil Surprising Forecast: First Solar Stock to Surge
Programming concept devsecops software development
July 3, 2024 9:50 AM ET

GitLab Stock Rebounds: The Inside Story of Its Comeback

Thomas Hughes

Gitlab is rebounding and may continue to rally in the second half because outperformance is expected, and analyst sentiment is set up for an upgrade cycle.

NASDAQ:GTLB
Read GitLab Stock Rebounds: The Inside Story of Its Comeback
Focus on laptop in workspace used by AI researchers working
July 3, 2024 8:03 AM ET

Clarivate: The Cheapest AI Stock Worth Buying?

Thomas Hughes

Clarivate is deeply undervalued relative to its earnings potential and is set up for a stock price reversal and rally the Q2 results could catalyze.

NYSE:CLVT
Read Clarivate: The Cheapest AI Stock Worth Buying?
Stock market data candlesticks rising
July 3, 2024 5:26 AM ET

Analysts and Earnings Propel the S&P 500's Continuous Growth

Thomas Hughes

The S&P 500 is struggling with resistance now but will likely set a new high soon and sustain a rally through year's end, driven by AI.

NASDAQ:NVDANASDAQ:MSFTNASDAQ:AAPL
Read Analysts and Earnings Propel the S&P 500's Continuous Growth
Onsemi logo sign on building
July 3, 2024 5:18 AM ET

Onsemi Stock Hits Bottom; Rebound in the Works

Thomas Hughes

Onsemi is set up for a rebound that could begin later this month after it reports earnings. Analysts have lowered the bar and set Onsemi up to outperform.

NASDAQ:ON
Read Onsemi Stock Hits Bottom; Rebound in the Works
Buy the dips
July 2, 2024 9:53 AM ET

3 Stock Dips Insiders Are Buying: Vestis, Shenandoah, Treace

Thomas Hughes

Insiders are buying the dips in these three stocks, which suggests a rebound is coming. There are reasons the market dipped, but the sell-offs are overdone.

NASDAQ:TMCINASDAQ:SHENNYSE:VSTS
Read 3 Stock Dips Insiders Are Buying: Vestis, Shenandoah, Treace
Guidewire Software logo seen displayed on a smartphone
July 2, 2024 8:04 AM ET

Guidewire Software Stock Up 150%: Rally Is Just Starting

Thomas Hughes

Guidewire's cloud-based B2B SaaS operations are resonating within an industry ripe for automation and AI insights; forecasts are robust and cautious.

NYSE:GWRE
Read Guidewire Software Stock Up 150%: Rally Is Just Starting
Penny stock stacks
July 2, 2024 5:17 AM ET

Complete Solaria, Senti, and POET: 3 High Volume Penny Stocks

Thomas Hughes

Penny stocks are risky, but follow the money to find winners. Stocks with significant volume spikes may have what it takes for higher share prices.

NASDAQ:NVDANASDAQ:AMDNASDAQ:MU
Read Complete Solaria, Senti, and POET: 3 High Volume Penny Stocks
solaredge stock logo on smartphone screen
July 2, 2024 5:13 AM ET

The 2 Most Downgraded Stocks: Sell One, Buy the Other

Thomas Hughes

Analysts lowered their targets for these stocks, setting up a selling opportunity and a buying opportunity that could pay off by double-digits by early 2025.

NASDAQ:SEDGNASDAQ:WDAY
Read The 2 Most Downgraded Stocks: Sell One, Buy the Other
first solar logo and stock market on smartphone screen
July 2, 2024 5:00 AM ET

AI Boosts 3 Renewable Stocks: First Solar, Enphase, Nextracker

Thomas Hughes

Solar panels and technology are booming due to rising demand from the data center and AI industry; these stocks are poised to rise by double-digits.

NASDAQ:ENPHNASDAQ:NXTNASDAQ:FSLR
Read AI Boosts 3 Renewable Stocks: First Solar, Enphase, Nextracker
Lyft logo is displayed on a smartphone
July 1, 2024 8:59 AM ET

Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half

Thomas Hughes

Analysts are lifting their sentiment and targets for Lyft and may send this stock to a near one-year high before the year's end.

NASDAQ:LYFT
Read Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
Bordeaux , France -  08 19 2023 : Nike logo brand and text chain sign on wall entrance facade store of American shop us corporation manufactures sport footwear
June 28, 2024 7:40 AM ET

Nike Stock Falls to Bargain Basement After Analysts Slash Targets

Thomas Hughes

Nike's stock price fell to the bargain basement after weak guidance, and analysts' price target revisions instilled fear into the market.

NYSE:ONONNYSE:NKE
Read Nike Stock Falls to Bargain Basement After Analysts Slash Targets