Free Trial

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 25

Polaris all terrain vehicle detail and trademark logo
August 27, 2024 6:27 AM ET

3 Small-Cap Stocks to Buy and Hold For 2025 and Beyond

Thomas Hughes

Small-cap stocks are expected to shine in 2025 after the FOMC begins lowering interest rates, ushering in a new age for stocks.

NYSE:SLQTNYSE:HBINYSE:PII
Read 3 Small-Cap Stocks to Buy and Hold For 2025 and Beyond
Workday website homepage. Workday logo visible on the phone screen
August 27, 2024 5:38 AM ET

Workday Stock Perks Up on Results; New Highs Possible This Year

Thomas Hughes

Workday had a strong quarter in Q2 and is guiding for strength in the back half, leading analysts to raise their targets and forecast a new all-time high.

NASDAQ:WDAY
Read Workday Stock Perks Up on Results; New Highs Possible This Year
Woman in clothes store looking at shirts on hangers — Photo
August 23, 2024 7:05 AM ET

Ross Stores Investors Win Big as Off-Price Retailers Outperform

Thomas Hughes

Off-price retailers shine and Ross Stores shines brightest with industry-leading growth, robust cash flow, and capital returns.

NYSE:TJXNASDAQ:ULTANYSE:ELF
Read Ross Stores Investors Win Big as Off-Price Retailers Outperform
Williams-Sonoma storefront
August 23, 2024 5:15 AM ET

Willams-Sonoma Completes Stock Split: Buy It on the Dip

Thomas Hughes

Williams-Sonoma continues to improve operational quality in a tough environment, setting it up for leveraged gains on the rebound.

NYSE:WSMNYSEARCA:SPY
Read Willams-Sonoma Completes Stock Split: Buy It on the Dip
Palo Alto Networks Stock Can Set a New All-Time High Soon
August 22, 2024 8:36 AM ET

Palo Alto Networks Stock Can Set a New All-Time High Soon

Thomas Hughes

Palo Alto Network is rising after solid results and guidance lifted market sentiment. Analysts are raising their price targets and see this stock at new highs.

NASDAQ:PANW
Read Palo Alto Networks Stock Can Set a New All-Time High Soon
Person holding smartphone with logo of US department store company The TJX Companies Inc. on screen in front of website
August 22, 2024 7:20 AM ET

The Rally in TJX Companies Stock is Far From Over

Thomas Hughes

Off-price retail leader TJX Companies had another strong quarter supported 100% by transaction volume, a strength seen in all segments.

NYSE:TJX
Read The Rally in TJX Companies Stock is Far From Over
Mill Creek, WA USA - circa June 2022: View of an employee working inside a Lowe's home improvement store
August 20, 2024 8:43 AM ET

Lowe’s Stock: Hold Now, Buy it When it Dips

Thomas Hughes

Lowe's Companies is setting itself up for leverage when the housing economy rebounds, which should be next year following the FOMC interest rate cuts.

NYSE:LOW
Read Lowe’s Stock: Hold Now, Buy it When it Dips
Applied Materials sign on building
August 19, 2024 7:10 AM ET

The Rebound is on for Applied Materials Stock Price 

Thomas Hughes

Applied Materials is uniquely positioned to capture semiconductor market strength for the next few years; Analysts are raising their targets.

NASDAQ:AMAT
Read The Rebound is on for Applied Materials Stock Price 
Many new John Deere agriculture and farming equipment displayed at a Brandt facility
August 16, 2024 10:15 PM ET

Deere & Company Can Set New Highs This Year 

Thomas Hughes

Deere & Company signals weakness for industrial and farming equipment makers but the results were better-than-feared, causing the stock to move higher.

NYSE:DE
Read Deere & Company Can Set New Highs This Year 
Cisco Systems AI sign on building
August 16, 2024 5:30 AM ET

Cisco Systems AI Play Gains Traction: Analysts Lead Stock Higher

Thomas Hughes

Cisco Systems is among the highest-yielding blue-chip tech stocks. It is a deep value compared to analysts' targets, rising on strong earnings.

NASDAQ:CSCO
Read Cisco Systems AI Play Gains Traction: Analysts Lead Stock Higher
makeup store
August 15, 2024 9:37 AM ET

Warren Buffett’s Bet: Why Berkshire Hathaway Bought Ulta Stock

Thomas Hughes

Berkshire Hathaway disclosed a stake in Ulta Beauty, sending its shares up by 10%, and another 50% upside is possible at the consensus estimate.

NASDAQ:AAPLNYSE:ELFNASDAQ:ULTA
Read Warren Buffett’s Bet: Why Berkshire Hathaway Bought Ulta Stock
Walmart Retail Location
August 15, 2024 8:51 AM ET

Walmart Stock: Buy the Rip or Wait for the Dip? 

Thomas Hughes

Walmart is a weapon of mass transactions, growing revenue above consensus and raising yearly guidance. Analysts' responses favor higher share prices.

NASDAQ:COSTNYSE:BJNASDAQ:PSMT
Read Walmart Stock: Buy the Rip or Wait for the Dip? 
chilis restaurant exterior logo sign
August 14, 2024 10:22 AM ET

Brinker International’s Price Dip is an Appetizing Entry Point

Thomas Hughes

Brinker International is executing its strategy and growing business while widening its margin. Shares are down significantly, offering a tasty dip to buy.

NYSE:EAT
Read Brinker International’s Price Dip is an Appetizing Entry Point
Serve Robotics Delivery. On Delivery Food to Customer
August 14, 2024 8:55 AM ET

Serve Robotics Is Serving Up a Selling Opportunity

Thomas Hughes

Serve Robotics had a decent quarter, but strength is not expected to last; mounting losses and the threat of dilution are expected to last.

NYSE:SHAKNYSE:UBERNASDAQ:SERV
Read Serve Robotics Is Serving Up a Selling Opportunity
Chipotle Mexican Grill logo seen displayed on a smartphone with United States Dollar notes and coins in the background
August 14, 2024 6:15 AM ET

Chipotle Mexican Grill: Take a Bite of This Smoking Hot Deal

Thomas Hughes

Chipotle Mexican Grill is trading at a smoking hot discount after a knee-jerk reaction to CEO Brian Niccol's departure. Analysts forecast new highs.

NASDAQ:SBUXNYSE:CMG
Read Chipotle Mexican Grill: Take a Bite of This Smoking Hot Deal
Nvidia logo quadro semiconductor
August 14, 2024 5:30 AM ET

Is NVIDIA Stock a Buy Ahead of Earnings?

Thomas Hughes

NVIDIA is still down from its highs and may retest support before it sets another all-time high but new all-time highs are likely before the year's end.

NYSE:BACNASDAQ:SOXXNASDAQ:NVDA
Read Is NVIDIA Stock a Buy Ahead of Earnings?
pair of fashionable walking sneakers. Sport shoes. Fashionable street shoes of the QC brand on a blue background
August 13, 2024 10:18 AM ET

Buy On Holdings Stock Before the Market Catches Its Second Wind?

Thomas Hughes

On Holdings is gaining traction and accelerating sales and profits. The market likes what it saw in the results and is on track to drive prices to a new high

NYSE:ONONNYSE:NKE
Read Buy On Holdings Stock Before the Market Catches Its Second Wind?
Boston Omaha logo displayed on smartphone
August 13, 2024 8:19 AM ET

3 Small Cap Stocks Insiders Are Actively Buying

Thomas Hughes

Insiders are buying small-cap stocks, including Boston Omaha, Culp, and Palladyne AI. All have a catalyst in lower interest rates which are expected soon.

NYSE:CULPNASDAQ:PDYNNYSE:BOC
Read 3 Small Cap Stocks Insiders Are Actively Buying
interior of Home Depot store
August 13, 2024 7:36 AM ET

Buy the Dip in Home Depot, But Wait for It to Bottom First 

Thomas Hughes

Home Depot had a decent quarter aided by acquisitions, but negative comps and weak guidance are weighing on the market and may lead it lower.

NASDAQ:HDSNYSE:HD
Read Buy the Dip in Home Depot, But Wait for It to Bottom First 
Selective focus of two multicultural programmers working together in office - stock image
August 12, 2024 9:25 AM ET

Monday.com's Stock Results Will Brighten Any Investor's Week

Thomas Hughes

Monday.com had another robust quarter, raising guidance that it will likely exceed. Analysts are leading this market to a fresh multi-year high.

NASDAQ:MNDY
Read Monday.com's Stock Results Will Brighten Any Investor's Week
A smartphone with the Take-Two logo on the screen on the pile of the gamepads
August 12, 2024 7:51 AM ET

It’s Time to Take a Second Look at Take-Two Interactive Stock

Thomas Hughes

Take-Two Interactive is on track with its turnaround, returning to top-line growth sooner than expected and reaffirming the outlook for new game releases.

NASDAQ:TTWO
Read It’s Time to Take a Second Look at Take-Two Interactive Stock
DataDog stock
August 9, 2024 10:12 AM ET

Datadog: Out of the Dog House and Into Your Portfolio?

Thomas Hughes

Datadog had a beat-and-raise quarter, leading its stock to surge. The question is if the rally is sustainable: analysts say yes, but the upside may be limited.

NASDAQ:DDOG
Read Datadog: Out of the Dog House and Into Your Portfolio?
Flat lay composition with skin foundation, powder and beauty accessories on color background - stock image
August 9, 2024 8:33 AM ET

Buy the Dip in e.l.f. Beauty: Analysts Point to a New High

Thomas Hughes

e.l.f. Beauty had a strong quarter and raised guidance but the news resulted in lower prices, opening up an attractive opportunity for investors.

NYSE:ELF
Read Buy the Dip in e.l.f. Beauty: Analysts Point to a New High
Obesity drugs
August 9, 2024 5:00 AM ET

It's Too Soon to Buy the Dip in Weight Loss Drugmakers

Thomas Hughes

Obesity drugs are a hot market and one still accelerating as new treatments are approved and usage widens. The bad news is that much of the growth is priced in.

NYSE:NVONYSE:LLY
Read It's Too Soon to Buy the Dip in Weight Loss Drugmakers