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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 30

Adobe logo on white background. Adobe is a multinational software corporation specializing in creative and digital solutions.
May 13, 2024 5:11 AM ET

Adobe Stock Analysis: Performance, Trends, and Investment Insight

Thomas Hughes

Adobe is well-positioned as a developer, infrastructure provider, and data source for the growing AI industry. The stock is down now but the discount won't last

NYSE:KONASDAQ:AMDNASDAQ:NVDA
Read Adobe Stock Analysis: Performance, Trends, and Investment Insight
Buy the dip sign
May 10, 2024 6:55 AM ET

JFrog Stock Gets Punished for Solid Results: Buy the Dip

Thomas Hughes

JFrog had a solid quarter and issued good guidance but fell short of whisper hopes for acceleration. Analysts trim targets but forecast 20% upside.

NASDAQ:GTLBNASDAQ:FROG
Read JFrog Stock Gets Punished for Solid Results: Buy the Dip
stock arrow up
May 10, 2024 5:08 AM ET

These 7 Stocks Surged Double-Digits and Have Double-Digits to Go

Thomas Hughes

Stocks surging on earnings reports often continue moving higher over time. This is a look at seven that surged more than 10% on Q1 results.

NASDAQ:AMZNNYSE:HASINYSE:WWW
Read These 7 Stocks Surged Double-Digits and Have Double-Digits to Go
New Highs in Sight For Symbotic and its AI Warehouse Automation
May 10, 2024 5:03 AM ET

New Highs in Sight For Symbotic and its AI Warehouse Automation

Thomas Hughes

Symbotic is growing at a hyper pace that should sustain for the next several quarters as deployments accelerate and recurring revenue grows.

NYSE:TGTNYSE:WMTNYSE:ACI
Read New Highs in Sight For Symbotic and its AI Warehouse Automation
Roblox stock forecast
May 9, 2024 7:41 AM ET

Roblox: The Bottom Just Fell Out of the Metaverse

Thomas Hughes

Roblox had another solid quarter but growth was weaker than expected and slowing, providing a catalyst for lower share prices.

NYSE:RBLX
Read Roblox: The Bottom Just Fell Out of the Metaverse
Cloudflare stock price
May 9, 2024 5:46 AM ET

No New Highs for Cloudflare in 2024

Thomas Hughes

Cloudflare is well-positioned to grow with the cloud and edge computing, but growth is priced in and slowing, creating a headwind for share prices.

NYSE:NET
Read No New Highs for Cloudflare in 2024
Photo of the Lucid Air electric vehicle. Lucid Stock Forecast: New Lows as Prices Continue to Decline.
May 8, 2024 10:03 AM ET

Lucid’s Stock Price is Still in Reverse: New Lows Are Coming

Thomas Hughes

Lucid Group increased deliveries and revenue but fell short of consensus and lost more than expected as R&D spending cut into results.

NASDAQ:TSLANASDAQ:LCID
Read Lucid’s Stock Price is Still in Reverse: New Lows Are Coming
Datadog stock
May 8, 2024 6:30 AM ET

Datadog: In the Doghouse or Pullback to the Buyzone? 

Thomas Hughes

Datadog had a solid quarter, with growth in large customers driving gains. Guidance is tepid but compared to high expectations. The stock is down; buy the dip.

NASDAQ:AMZNNASDAQ:MSFTNASDAQ:DDOG
Read Datadog: In the Doghouse or Pullback to the Buyzone? 
 Abbvie Incorporation headquarters glass building concept. Pharmaceutical biomedical company symbol logo on front facade 3d illustration.
May 7, 2024 9:45 AM ET

AbbVie Tracking for New Highs in 2024

Thomas Hughes

Future Dividend King AbbVie is tracking for new highs as the shift away from Humira-based business gains momentum with new treatments and acquisitions.

NYSE:ABBV
Read AbbVie Tracking for New Highs in 2024
Photo of cute dogs and cats sitting together. Freshpet surges 10% - will this pet stock hit new highs?
May 7, 2024 8:42 AM ET

Freshpet Surges 10%: Fresh Highs to Come for This Pet Stock

Thomas Hughes

Freshpet surged to a fresh high after solid results and guidance. More fresh highs are on the menu for this pet food stock.

NASDAQ:FRPT
Read Freshpet Surges 10%: Fresh Highs to Come for This Pet Stock
Close-up of Penny Coin Isolated on White
May 7, 2024 7:42 AM ET

3 Penny Stocks That Insiders Are Buying

Thomas Hughes

Penny stocks are a risky business but following the insiders to your next trade can alleviate some of the risks; these are the three hottest insider buys.

NASDAQ:CLSDNASDAQ:OCXNYSE:LUMN
Read 3 Penny Stocks That Insiders Are Buying
Disney stock price
May 7, 2024 7:13 AM ET

Buy The Dip in Disney After Magical Profit Beat

Thomas Hughes

Disney's capital return program is gaining strength and on track for increases this year and next. The dividend should grow by 50% this summer.

NYSE:DIS
Read Buy The Dip in Disney After Magical Profit Beat
CEO led stock turnaround
May 6, 2024 6:55 AM ET

3 CEO-Led Turnaround Stocks You Can Still Buy 

Thomas Hughes

The CEO is the most important person in a company; this is a look at three hot CEO-led turnarounds with ample upside left for investors.

NASDAQ:TSCONASDAQ:JACKNYSE:CMG
Read 3 CEO-Led Turnaround Stocks You Can Still Buy 
DraftKings stock price
May 3, 2024 7:41 AM ET

DraftKings Royally Good Results Lift Market: Uptrend Continues

Thomas Hughes

DraftKings had a solid quarter winning new customers and holding more capital, outperforming on the top and bottom lines.

NASDAQ:DKNG
Read DraftKings Royally Good Results Lift Market: Uptrend Continues
Starbucks, coffee company and coffeehouse chain,
May 2, 2024 5:40 AM ET

Starbucks: Indicators Turns Bearish, New Lows in Sight

Thomas Hughes

Starbucks leads the consumer discretionary sector lower after a miserable report and reduced guidance; the market wonders which business will be next.

NASDAQ:KHCNYSE:MCDNASDAQ:SBUX
Read Starbucks: Indicators Turns Bearish, New Lows in Sight
Kraft Heinz
May 2, 2024 5:26 AM ET

Kraft Heinz: Serving Up A Tasty Dip for Investors to Snack On

Thomas Hughes

Kraft Heinz stock's high-yield, deep-value opportunity falls back to lower price points while results and guidance align with forecasts.

NASDAQ:KHC
Read Kraft Heinz: Serving Up A Tasty Dip for Investors to Snack On
AMD stock price outlook
May 1, 2024 8:59 AM ET

AMD is Down 35%. Now is the Time to Buy the Dip

Thomas Hughes

Advanced Micro Devices had a solid quarter, but meeting analysts' expectations was insufficient to catalyze a rally. Higher prices are indicated by analysts.

NASDAQ:NVDANASDAQ:AMD
Read AMD is Down 35%. Now is the Time to Buy the Dip
amazon stock price
May 1, 2024 7:12 AM ET

Amazon Stands Tall: New Highs Are in Sight

Thomas Hughes

Amazon had a solid quarter with growth in all segments contributing, and guidance improved. Analysts are lifting targets and will lead this stock to new highs.

NASDAQ:AMZN
Read Amazon Stands Tall: New Highs Are in Sight
The logo of  American Dutch semiconductor manufacturer NXP Semiconductors is seen on the top of the Campus 6 office complex,
April 30, 2024 9:26 AM ET

NXP Semiconductors Will Set a New High Soon: $300 in Sight

Thomas Hughes

NXP Semiconductors is well-positioned in the industrial and commercial markets. Analysts forecast a pivot back to growth later this year.

NASDAQ:TXNNASDAQ:ADINASDAQ:NXPI
Read NXP Semiconductors Will Set a New High Soon: $300 in Sight
 McDonald's Corporation is the world's largest fast food restaurant
April 30, 2024 7:45 AM ET

McDonald’s Trend Following Signal is an Opportunity Today

Thomas Hughes

McDonald's had a decent quarter despite missing analysts estimates. The cash flow and capital returns are safe for this deep-value income play.

NYSE:MCD
Read McDonald’s Trend Following Signal is an Opportunity Today
Coca Cola stock sign
April 30, 2024 7:15 AM ET

Did the Rally in Coca-Cola Company Stock Just Fizzle Out?

Thomas Hughes

Coca-Cola Company's 3% yield is safe, and the distribution will grow for another year in 2024. Pricing power supports the rally in KO stocks.

NYSE:KO
Read Did the Rally in Coca-Cola Company Stock Just Fizzle Out?
3 Trend-Following Entries for Income Investors
April 30, 2024 5:33 AM ET

3 Trend-Following Entries for Income Investors

Thomas Hughes

Energy is a hot market, and oilfield services are among the best long-term plays for value-conscious income investors with a buy-and-hold approach.

NASDAQ:BKRNYSE:HALNYSE:SLB
Read 3 Trend-Following Entries for Income Investors
Insider Trades
April 29, 2024 11:12 AM ET

The 3 Hottest Insiders Buys This Month

Thomas Hughes

Insiders are buying these stocks in April; all have a positive growth outlook and established markets to sustain operations long into the future.

NASDAQ:FWONKNASDAQ:FWONANYSE:ULS
Read The 3 Hottest Insiders Buys This Month
onset stock price
April 29, 2024 8:18 AM ET

onsemi: The Rebound is ON for This Chip Stock

Thomas Hughes

onsemi had a tepid quarter and is guiding for weakness in Q2, but results are better than expected, and growth is expected to resume at the end of the year.

NASDAQ:ON
Read onsemi: The Rebound is ON for This Chip Stock