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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 3

Zscaler cloud security
June 2, 2025 12:51 PM ET

Zscaler Will Hit $360 Soon: Here’s the How and Why

Thomas Hughes

Zscaler's FQ3 results and outlook make it a standout winner compared to its competitors, and analysts are raising their price targets as a result.

NASDAQ:ZS
Read Zscaler Will Hit $360 Soon: Here’s the How and Why
Okta multifactor authentication
June 2, 2025 8:18 AM ET

Buy The Dip in Okta, There’s Nothing Wrong With the Outlook

Thomas Hughes

Cybersecurity stock OKTA fell more than 15% following its Q1 release, but investors should cheer while they back up the truck to load up on shares.

NASDAQ:OKTA
Read Buy The Dip in Okta, There’s Nothing Wrong With the Outlook
Costco receipt and membership card — Stock Editorial Photography
June 2, 2025 5:07 AM ET

5 Reasons Costco Stock Will Hit New Highs This Year

Thomas Hughes

Costco is on track to hit new highs in 2025; the only questions are when and how high it will go. The growing cash pile is just one reason.

NASDAQ:COST
Read 5 Reasons Costco Stock Will Hit New Highs This Year
e.l.f. beauty products makeup
June 1, 2025 6:24 AM ET

e.l.f. Gets Back on the Shelf! It’s Not Too Late to Buy In!

Thomas Hughes

e.l.f. Beauty's stock price is moving higher after the company reported solid results and announced a new acquisition that is expected to accelerate growth.

NYSE:ELF
Read e.l.f. Gets Back on the Shelf! It’s Not Too Late to Buy In!
Salesforce sign stock chart
May 29, 2025 8:30 AM ET

Salesforce’s Stock Price Presents an Opportunity to Buy

Thomas Hughes

Salesforce's strong quarter reveals increasing traction with AI services. The guidance is solid, and the cash flow robust, sustaining a healthy capital return.

NYSE:CRM
Read Salesforce’s Stock Price Presents an Opportunity to Buy
Insider Trading Dividends Newspaper
May 29, 2025 7:36 AM ET

Dividend Investors Looking for an Edge? 3 Stocks Insiders Bought

Thomas Hughes

Insiders bought these high-yielding dividend stocks in May, highlighting the potential for triple-digit total returns for income investors.

NYSE:ALITNYSE:IFFNYSE:TXO
Read Dividend Investors Looking for an Edge? 3 Stocks Insiders Bought
NVIDIA sign
May 29, 2025 6:48 AM ET

NVIDIA Will Set a New High Soon, Then Keep Rallying, Here’s Why

Thomas Hughes

NVIDIA's Q1 release reassured a worried market that the AI boom isn't over, growth will continue, and the profits will flow.

NASDAQ:NVDA
Read NVIDIA Will Set a New High Soon, Then Keep Rallying, Here’s Why
Dick Sporting Good Store
May 29, 2025 6:06 AM ET

Don’t Take Dick’s Sporting Goods Seriously? Big Mistake

Thomas Hughes

Dick's Sporting Goods is the leader in sporting goods, and it means something: this blue-chip stock is driving cash flow and capital returns to investors.

NYSE:FLNYSE:DKSNASDAQ:NVDA
Read Don’t Take Dick’s Sporting Goods Seriously? Big Mistake
AutoZone storefront
May 29, 2025 5:42 AM ET

AutoZone Stock to Cross $4400 This Year: This Is Why

Thomas Hughes

AutoZone is still in the zone for investors looking for cash flow and capital returns; buybacks reduced the count by 3% in the last 12 months and will continue.

NYSE:AZO
Read AutoZone Stock to Cross $4400 This Year: This Is Why
Top 5 Stock Buys for June AI stocks
May 29, 2025 5:26 AM ET

Top 5 Stock Buys for June: AI Picks That Aren’t NVIDIA

Thomas Hughes

Technology stocks, including Microsoft and Meta Platforms, remain top buys in 2025 and are expected to run higher this year and next.

NASDAQ:CRWVNYSE:SNOWNASDAQ:EBAY
Read Top 5 Stock Buys for June: AI Picks That Aren’t NVIDIA
GME and Bitcoin
May 28, 2025 10:40 AM ET

GameStop Buys Bitcoin: Smart Strategy or Big Mistake?

Thomas Hughes

GameStop's switch to Bitcoin investing is a bold move that could pay off in the long run, but it comes with significant risks for investors and the stock price

NASDAQ:MSTRNYSE:GME
Read GameStop Buys Bitcoin: Smart Strategy or Big Mistake?
Airbus a320 for maintenance in the hangar. Russia, Saint-Petersburg, November 2016. — Stock Editorial Photography
May 28, 2025 7:56 AM ET

Astronics Corporation: Up 100% YTD in May and Heading Higher

Thomas Hughes

Aerospace contractor Astronics is flying high in 2025 and can continue to rise due to its improving profitability and fading legacy issues.

NASDAQ:ATRO
Read Astronics Corporation: Up 100% YTD in May and Heading Higher
London, United Kingdom - September 29, 2018: Close-up shot of thredUP
May 28, 2025 7:41 AM ET

ThredUp Stock Reverses on AI Buzz, Eyes Double-Digit Gains

Thomas Hughes

ThredUp's stock price reversal is just getting started. This market can potentially double again by year's end, and it only needs a catalyst to drive it.

NASDAQ:TDUP
Read ThredUp Stock Reverses on AI Buzz, Eyes Double-Digit Gains
Nuclear Energy
May 27, 2025 7:56 AM ET

Nuclear Stocks Reach Critical Mass: The Time to Buy Is Now

Thomas Hughes

Oklo, NuScale Energy, and Centrus Energy are uniquely positioned to benefit from Trump's executive orders for the nuclear energy industry.

NYSE:OKLONYSE:SMRNYSE:LEU
Read Nuclear Stocks Reach Critical Mass: The Time to Buy Is Now
Nvidia  logo on cell phone
May 27, 2025 6:55 AM ET

Bullish NVIDIA Market Set to Surge 50% Ahead of Q1 Earnings

Thomas Hughes

NVIDIA's stock price could rise to $200 or higher by mid-summer, provided there are no nasty surprises in the Q1 earnings release.

NASDAQ:NVDA
Read Bullish NVIDIA Market Set to Surge 50% Ahead of Q1 Earnings
Workday, Inc. website seen on a computer screen through a magnifying glass
May 26, 2025 11:35 AM ET

Workday Stock Price Implosion: An Automatic Buy for AI Investors

Thomas Hughes

Workday's tepid Q2 and FY guidance are likely cautious estimates that will be outperformed by wide margins, catalyzing an analyst upgrade cycle.

NASDAQ:WDAY
Read Workday Stock Price Implosion: An Automatic Buy for AI Investors
TJX companies logo smartphone
May 23, 2025 12:07 PM ET

TJX Stock Price Stumble Is Your Chance to Pick Up a Bargain

Thomas Hughes

Off-price retailer TJX Companies is well-positioned for 2025 and on track to return $2.5 billion in share buybacks, not including dividends.

NYSE:TJX
Read TJX Stock Price Stumble Is Your Chance to Pick Up a Bargain
Willams Sonoma storefront
May 23, 2025 9:01 AM ET

Williams-Sonoma: A Fundamentally Good Buy On Sale Now

Thomas Hughes

Williams-Sonoma is fundamentally a good buy and on sale following the Q1 release; guidance was merely reaffirmed, forecasting growth in all segments.

NYSE:WSM
Read Williams-Sonoma: A Fundamentally Good Buy On Sale Now
Snowflake cloud computing
May 22, 2025 9:54 AM ET

Snowflake Breaks Out! Can It Drift Higher in 2025 and Beyond?

Thomas Hughes

Snowflake's Q1 report and guidance update affirm an outlook for sustained 20% long-term growth, and the analysts are responding favorably to share prices.

NYSE:SNOW
Read Snowflake Breaks Out! Can It Drift Higher in 2025 and Beyond?
Indianapolis - Circa February 2017: Target Retail Store Baskets. Target Sells Home Goods, Clothing and Electronics XIII — Stock Editorial Photography
May 22, 2025 5:30 AM ET

5 Reasons You Will Be Glad You Bought Target in 2025

Thomas Hughes

Target's stock price decline reached bottom in April and is preparing to advance in May. The results and guidance weren't good, but the weakness was expected.

NYSE:WMTNYSE:TGT
Read 5 Reasons You Will Be Glad You Bought Target in 2025
Canada Goose logo
May 21, 2025 12:24 PM ET

Canada Goose Soars 30%—Is This Rally Built to Last?

Thomas Hughes

High-end specialty retailer Canada Goose had a good quarter and catalyzed a short-covering rally in its stock; investors should not chase this bird higher.

NYSE:GOOS
Read Canada Goose Soars 30%—Is This Rally Built to Last?
Risk/Reward puzzle
May 21, 2025 11:32 AM ET

5 Small-Cap Stocks to Watch for Big Speculative Gains

Thomas Hughes

Small-cap stocks come with increased risk, but the ones on this list also have an above-average potential for significant shareholder returns.

NASDAQ:ROOTNASDAQ:APLDNASDAQ:ATRO
Read 5 Small-Cap Stocks to Watch for Big Speculative Gains
Palo Alto Networks
May 21, 2025 10:34 AM ET

Palo Alto Networks: Buy The Dip, Long-Term Tailwinds Ahead

Thomas Hughes

Palo Alto Networks' Q3 strength was overshadowed by as-expected but still strong guidance that includes ample cash flow to sustain its growth outlook.

NASDAQ:PANW
Read Palo Alto Networks: Buy The Dip, Long-Term Tailwinds Ahead
 Landscape Close up View Lowe's Store Storefront.
May 21, 2025 9:14 AM ET

Lowe’s Stock Uptrend Can Continue for These 2 Reasons

Thomas Hughes

Lowe's struggled in Q1 but managed to sustain a substantial margin and guidance, reaffirming an outlook in alignment with analysts' forecasts.

NYSE:HDNYSE:LOW
Read Lowe’s Stock Uptrend Can Continue for These 2 Reasons