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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 36

Michael Burry
March 6, 2024 5:21 AM ET

Michael Burry’s New Stock Picks That You Might Want To Buy

Thomas Hughes

Michael Burry's latest picks are all solid dividend names with a growth outlook for 2024 that may underestimate business strengths.

NYSEARCA:SPYNYSE:HCANYSE:C
Read Michael Burry’s New Stock Picks That You Might Want To Buy
Gitlab stock price
March 5, 2024 8:55 AM ET

Gitlab Goes on Sale: The AI Bubble Burst for This Stock

Thomas Hughes

Gitlab had a solid quarter but issued weaker-than-expected guidance, sending shares down 15%. The new low and guidance-reset position the stock to rebound.

NASDAQ:GTLB
Read Gitlab Goes on Sale: The AI Bubble Burst for This Stock
Lemonade stock options
March 5, 2024 5:08 AM ET

Lemonade Stock: Unusual Call Volume Highlights Sweet Trade

Thomas Hughes

Lemonade's stock price imploded following the Q4 release and guidance, but unusual activity has options priced well for covered calls.

NYSE:LMND
Read Lemonade Stock: Unusual Call Volume Highlights Sweet Trade
Bitcoin price
March 4, 2024 11:22 AM ET

Jamie Dimon Quits Bitcoin: Bitcoin On Track To Hit $100K

Thomas Hughes

Jamie Dimon quit talking about Bitcoin but still sees utility in some altcoins. The halvening has BTC on the move and $100,000 in the sights.

NYSE:JPM
Read Jamie Dimon Quits Bitcoin: Bitcoin On Track To Hit $100K
Plug Power Stock price
March 4, 2024 7:10 AM ET

Plug Power Pivots, But a Stock Price Reversal Is Unlikely

Thomas Hughes

Plug Power secured a source of cash to get it through the year but dilution and short-sellers will weight on the stock price action.

NASDAQ:PLUG
Read Plug Power Pivots, But a Stock Price Reversal Is Unlikely
Kohl's stock price - sign
March 1, 2024 8:55 AM ET

Kohl’s Corporation: This Offprice Retailer Is Ready To Rally

Thomas Hughes

Kohl's is set up to rally strongly following the Q4 release. Analysts underestimate the off-price retailer and institutions are loading up.

NYSE:TJXNYSE:WMTNYSE:TGT
Read Kohl’s Corporation: This Offprice Retailer Is Ready To Rally
papa johns pizza stock price
March 1, 2024 7:10 AM ET

Papa John’s International Makes Dough and Stock Rises

Thomas Hughes

Papa John's is at a turning point that could lead to much higher share prices over the next few years. The stock pays a solid dividend and repurchases shares.

NASDAQ:PZZA
Read Papa John’s International Makes Dough and Stock Rises
Zscaler stock price
March 1, 2024 7:05 AM ET

Zscaler Stock Price Plunges: Buy the Dip Candidate

Thomas Hughes

Zscaler has another beat-and-raise quarter, but a knee-jerk reaction to slowing growth sent shares lower to open the next buying opportunity.

NASDAQ:PANWNASDAQ:ZS
Read Zscaler Stock Price Plunges: Buy the Dip Candidate
Congress podium
March 1, 2024 5:05 AM ET

3 Hot Stocks Bought by Members of Congress: Follow the Money

Thomas Hughes

Palo Alto Networks, Simon Property Group and JPMorgan Chase are the top three stocks bought by Members of Congress in February;

NASDAQ:VUZINASDAQ:EXASNYSE:JPM
Read 3 Hot Stocks Bought by Members of Congress: Follow the Money
TJX Companies stock price
February 29, 2024 10:45 AM ET

TJX Companies Stock: Take Profits or Buy the Dip?

Thomas Hughes

TJX Companies' dividend yield is below average but safe, reliable, and growing. Share repurchases compound value for shareholders, and analysts raise targets.

NYSE:TJX
Read TJX Companies Stock: Take Profits or Buy the Dip?
A picture of the Salesforce logo in the facade of their San Francisco offices.
February 29, 2024 8:55 AM ET

Salesforce.com Stock Will Set a New High this Year

Thomas Hughes

Dividends matter to many investors, so Salesforce.com's decision to pay one is market-moving. Expect this stock to hit new highs soon and trend higher in 2024

NASDAQ:METANYSE:CRM
Read Salesforce.com Stock Will Set a New High this Year
Hormel Stock price outlook
February 29, 2024 7:40 AM ET

Hormel Stock is Ready for a Significant Advance after Report

Thomas Hughes

Hormel had a solid quarter, returning to growth and reaffirming full-year guidance. The dividend is safe, and the balance sheet is improving, driving value.

NYSE:HRL
Read Hormel Stock is Ready for a Significant Advance after Report
Workday sign stocks price
February 28, 2024 5:10 AM ET

Workday Stock Price is Working on a Buy-the-Dip Opportunity

Thomas Hughes

Workday had a solid quarter despite tepid results relative to analysts' forecasts. The margin is widening, cash flow is solid, and acquisitions help it grow.

NASDAQ:WDAY
Read Workday Stock Price is Working on a Buy-the-Dip Opportunity
Palantir stock price
February 28, 2024 5:00 AM ET

Palantir Stock Has It all… Except the Analysts' Support

Thomas Hughes

Palantir is gaining traction despite naysaying analysts who peg the stock at Reduce. Institutions are buying and growth is expected to sustain at 20% for years.

NYSE:PLTR
Read Palantir Stock Has It all… Except the Analysts' Support
Autzone stock price
February 27, 2024 10:49 AM ET

Autozone stock price is still in the rally zone

Thomas Hughes

Autozone is automating investor returns with a robust share repurchase program with this market in the "buy zone" and heading higher.

NYSE:AZO
Read Autozone stock price is still in the rally zone
Penny Stocks are shown on a business photo using the text
February 27, 2024 9:15 AM ET

2 penny stocks insiders are buying 

Thomas Hughes

Penny stocks come with outsized risks, but some risks can be mitigated by following the insiders. Insiders aren't going to waste good money on a bad company.

NASDAQ:OPKNASDAQ:SLND
Read 2 penny stocks insiders are buying 
March 28, 2020, Brazil. In this photo illustration the Lowes Companies logo is displayed on a smartphone.
February 27, 2024 8:59 AM ET

New highs are coming for Lowe’s stock despite mixed results

Thomas Hughes

Lowe's is moving higher after a solid report and weak guidance. The takeaway is that cash flow is solid and capital returns support the market.

NYSE:HDNYSE:LOW
Read New highs are coming for Lowe’s stock despite mixed results
bloomin brands stock price
February 23, 2024 7:29 AM ET

Bloomin’ Brands could blossom in 2024

Thomas Hughes

Bloomin' Brands is a deeply undervalued stock, yielding more than 3.5% and repurchasing shares. Activist investors are involved and may help unlock value.

NYSE:DRINASDAQ:BLMN
Read Bloomin’ Brands could blossom in 2024
Keurig-Dr Pepper stock chart
February 22, 2024 11:36 AM ET

Keurig-Dr Pepper stock: Time to take another sip?

Thomas Hughes

Keurig Dr Pepper had a mixed quarter and gave soft guidance but forecasts growth will continue and margins widen: cash flow and capital returns are healthy.

NYSE:KONASDAQ:PEPNASDAQ:KDP
Read Keurig-Dr Pepper stock: Time to take another sip?
Rivian stock price outlook
February 22, 2024 9:13 AM ET

Rivian shares gets discounted; shares can move lower 

Thomas Hughes

Rivian had a mixed quarter, with losses mounting and guidance poor. Analysts are lowering the targets and driving the market to new lows.

NASDAQ:AMZNNASDAQ:TSLANYSE:F
Read Rivian shares gets discounted; shares can move lower 
Nvidis stock price
February 22, 2024 7:55 AM ET

AI powerhouse NVIDIA will hit $1000 soon

Thomas Hughes

NVIDIA had another mind-blowing quarter of growth and margin expansion to fuel its rally. A move to $1000 could come soon, aided by capital returns.

NASDAQ:NVDA
Read AI powerhouse NVIDIA will hit $1000 soon
Insider trading sign
February 22, 2024 5:16 AM ET

Insiders sell Amprius Technologies; Analysts see 100% upside

Thomas Hughes

Amprius Technologies insiders are selling the stock, but analysts see a triple-digit upside for this market-disrupting technology.

NYSE:JOBYNYSE:ACHRNYSE:TDY
Read Insiders sell Amprius Technologies; Analysts see 100% upside
Palo Alto Networks stock price
February 21, 2024 8:50 AM ET

Palo Alto Networks aims at cyber security leadership

Thomas Hughes

Cybersecurity market leader Palo Alto Networks burst the bubble when it made a strategic shift that will sacrifice near-term results for long-term gains.

NASDAQ:PANW
Read Palo Alto Networks aims at cyber security leadership
Toll brothers stock price
February 21, 2024 7:45 AM ET

Housing data weakens, but Toll Brothers stock is still a buy

Thomas Hughes

Toll Brothers returns to growth. Cash flow is ample, driving robust capital returns and improvement in shareholder value.

NYSE:TOL
Read Housing data weakens, but Toll Brothers stock is still a buy