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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 37

Home Depot stock price
February 21, 2024 5:50 AM ET

Range-bound Home Depot stock still is, lower prices ahead

Thomas Hughes

Home Depot raised its dividend 7.7%, but it may not be enough to keep the market in rally mode. Guidance is weak and leading the market to reset expectations.

NYSE:HD
Read Range-bound Home Depot stock still is, lower prices ahead
Walmart stock price
February 20, 2024 9:00 AM ET

Walmart’s uptrend is intact; buy it when it dips

Thomas Hughes

Walmart had a solid quarter and gained a share from competitors as shoppers spend less per trip but come more frequently in search of everyday items.

NYSE:WMTNASDAQ:COSTNYSE:TGT
Read Walmart’s uptrend is intact; buy it when it dips
E-VTOL stocks for 2024
February 20, 2024 5:55 AM ET

3 E-VTOL stocks: Which ones can fly higher in 2024?

Thomas Hughes

EVTOL companies like Archer Aviation, Joby Aviation, and Vertical Aerospace are on track to commence operations in major cities globally.

NYSE:EVTLNYSE:ACHRNYSE:JOBY
Read 3 E-VTOL stocks: Which ones can fly higher in 2024?
stock with shareholder equity
February 20, 2024 5:18 AM ET

5 stocks growing shareholder equity in 2024

Thomas Hughes

Shareholder equity is a measure of business value that investors should pay attention to. This is a look at five stocks growing equity in 2024.

NYSE:SHOPNYSE:NETNYSE:SSD
Read 5 stocks growing shareholder equity in 2024
Procore Technologies logo on a screen
February 16, 2024 8:52 AM ET

Reversal in play for Procore Technologies

Thomas Hughes

Procore Technologies is emerging as the tech solution for construction-related project management; its SaaS business is growing and outpacing the market.

NYSE:PCOR
Read Reversal in play for Procore Technologies
DraftKings on a smartphone with the DraftKings logo in the background
February 16, 2024 8:05 AM ET

DraftKings: New highs not a gamble for this market

Thomas Hughes

DraftKings had a solid quarter widening margin and preparing to move into new jurisdictions and markets: analysts defend their targets despite the miss.

NASDAQ:DKNG
Read DraftKings: New highs not a gamble for this market
Cisco Systems stock price income investors
February 16, 2024 5:00 AM ET

Cisco Systems stock: Income investors buy the dip

Thomas Hughes

Cisco Systems outperformed in Q2 but gave weak guidance that lowered the market. However, cash flow and capital return remain strong, and analysts are holding.

NASDAQ:CSCO
Read Cisco Systems stock: Income investors buy the dip
OXY stock price outlook
February 15, 2024 8:59 AM ET

Occidental Petroleum stock price is ready to gush higher

Thomas Hughes

Occidental Petroleum is executing plans to reduce debt, free cash flow, and return capital to investors through dividend growth and repurchases.

NYSE:OXY
Read Occidental Petroleum stock price is ready to gush higher
Kraft Heinz stock builds value for shareholders: buy on the dip
February 14, 2024 6:55 AM ET

Kraft Heinz stock builds value for shareholders: buy on the dip

Thomas Hughes

The Kraft Heinz Company had a tepid quarter, but cash flow and margin are improving with revenue growth in the outlook and capital returns safe.

NASDAQ:KHC
Read Kraft Heinz stock builds value for shareholders: buy on the dip
It’s time to put Shopify stock back on the buy list
February 13, 2024 10:48 AM ET

It’s time to put Shopify stock back on the buy list

Thomas Hughes

Explore Shopify's stellar Q4: $2.14B revenue, 23.7% YoY growth, robust GMV increase, and impressive margin improvements. Insights into 2024 projections included

NYSE:SHOP
Read It’s time to put Shopify stock back on the buy list
Waste Management: Is it a good use of your time?
February 13, 2024 9:00 AM ET

Waste Management: Is it a good use of your time?

Thomas Hughes

Waste Management is a deeply undervalued stock relative to its peers and may see a substantial price-multiple expansion in 2024.

NYSE:RSGTSE:WCNNYSE:ROL
Read Waste Management: Is it a good use of your time?
The Coca-Cola Company is ready to bubble higher
February 13, 2024 8:15 AM ET

The Coca-Cola Company is ready to bubble higher

Thomas Hughes

The Coca-Cola Company is at an inflection point and may move substantially higher in the first half of 2024 due to valuation, growth and yield.

NASDAQ:PEPNYSE:KO
Read The Coca-Cola Company is ready to bubble higher
3 attractive stocks that insiders are buying 
February 12, 2024 8:59 AM ET

3 attractive stocks that insiders are buying 

Thomas Hughes

The insiders are buying these attractive stocks. With a bank, a tech, a penny stock, a dividend payer, and a pharmaceutical winner, there is something for all.

NASDAQ:COLBNASDAQ:AKTSNASDAQ:CGON
Read 3 attractive stocks that insiders are buying 
Simpson Manufacturing stock doubled in value; It can double again
February 12, 2024 7:28 AM ET

Simpson Manufacturing stock doubled in value; It can double again

Thomas Hughes

Simpson Manufacturing is building a robust outlook for capital returns that includes dividends, distribution growth and share repurchases.

NYSE:SSD
Read Simpson Manufacturing stock doubled in value; It can double again
Cloudflare results spark analysts reset: 25% upside ahead
February 9, 2024 9:51 AM ET

Cloudflare results spark analysts reset: 25% upside ahead

Thomas Hughes

Cloudflare's utility to businesses and enterprises is driving outperformance and broader margins. Analysts are raising targets.

NYSE:NET
Read Cloudflare results spark analysts reset: 25% upside ahead
PepsiCo did not lose its fizz; buy on the dip
February 9, 2024 8:18 AM ET

PepsiCo did not lose its fizz; buy on the dip

Thomas Hughes

Dividend King PepsiCo announced its 52nd dividend increase, bringing its yield to over 3% and at historic highs; this stock is a value that pays to own.

NASDAQ:PEP
Read PepsiCo did not lose its fizz; buy on the dip
These cyber security stocks can hit new highs
February 9, 2024 5:20 AM ET

These cyber security stocks can hit new highs

Thomas Hughes

Cyber security stocks are in an uptrend driven by growing demand and rising risks for digital networks. Fortinet and Check Point both repurchase shares robustly.

NASDAQ:FTNTNASDAQ:CHKP
Read These cyber security stocks can hit new highs
Disney stock rising: The house of mouse is back!
February 8, 2024 7:47 AM ET

Disney stock rising: The house of mouse is back!

Thomas Hughes

Disney is a Phoenix rising from the ashes of its mistakes; CEO Bob Iger is driving margins and setting the company up for another decade of growth.

NYSE:RBLXNYSE:DISNASDAQ:FOX
Read Disney stock rising: The house of mouse is back!
e.l.f. Beauty on a shelf; a good time to buy 
February 8, 2024 4:15 AM ET

e.l.f. Beauty on a shelf; a good time to buy 

Thomas Hughes

e.l.f. Beauty had a stunning quarter and raised guidance; the analysts are raising their price targets and expect to see another strong quarter in Q4

NYSE:ELNYSE:ELF
Read e.l.f. Beauty on a shelf; a good time to buy 
Roblox is turning a corner, but can it complete a reversal?
February 8, 2024 4:10 AM ET

Roblox is turning a corner, but can it complete a reversal?

Thomas Hughes

Roblox is driving growth and leverage that is expected to continue in 2024; the stock is moving higher, but there are headwinds that may cap gains soon

NYSE:RBLX
Read Roblox is turning a corner, but can it complete a reversal?
Insiders are selling these hot stocks on track for higher prices
February 7, 2024 8:30 AM ET

Insiders are selling these hot stocks on track for higher prices

Thomas Hughes

Insiders are selling these hot stocks and may cap gains in the near term, but long-term gains are in the outlook. Analysts support them and raise their targets.

NYSE:PCORNASDAQ:RXSTNASDAQ:COIN
Read Insiders are selling these hot stocks on track for higher prices
Mullen Automotive stock gains traction, can it reverse course?
February 7, 2024 8:12 AM ET

Mullen Automotive stock gains traction, can it reverse course?

Thomas Hughes

Mullen Automotive's stock price is gaining a bit of traction after several positive events, but it may not have enough charge to enter reversal yet.

NASDAQ:MULN
Read Mullen Automotive stock gains traction, can it reverse course?
Chipotle Mexican Grill stock heats up; $3,000 is in the way
February 7, 2024 7:35 AM ET

Chipotle Mexican Grill stock heats up; $3,000 is in the way

Thomas Hughes

Chipotle Mexican Grill is smoking the competition and growing its store count, providing leverage for investors aided by share repurchases.

NYSE:CMG
Read Chipotle Mexican Grill stock heats up; $3,000 is in the way
Exxon and Chevron ready to rally: The floor is in for big oil
February 7, 2024 5:20 AM ET

Exxon and Chevron ready to rally: The floor is in for big oil

Thomas Hughes

Exxon and Chevron are both trading at a floor supported by cash flow, capital returns, and analysts' sentiment; both are good buys, but one is a better buy.

NYSE:CVXNYSE:XOM
Read Exxon and Chevron ready to rally: The floor is in for big oil