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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 38

stocks upgraded 2024
January 10, 2024 5:32 AM ET

The 4 most upgraded stocks in the first week of 2024

Thomas Hughes

Analysts' activity has been robust in the first week of 2024. Many of the most actively traded names getting numerous upgrades and price target revisions.

NYSE:CMGNASDAQ:LULUNYSE:PPG
Read The 4 most upgraded stocks in the first week of 2024
Danaher stock price outlook
January 10, 2024 5:05 AM ET

Will Danaher stock hit new highs in 2024?

Thomas Hughes

Danaher raises guidance, sending shares higher, but the move may not last. Resistance is just above current levels and may cap gains until later in the year.

NYSE:DHR
Read Will Danaher stock hit new highs in 2024?
Acuity Brands Stock price
January 9, 2024 6:45 AM ET

Acuity Brands stock: A good play on falling rates

Thomas Hughes

Acuity Brands had a decent quarter, with margin expanding significantly and raising the expectations for 2024. The stock is moving higher but faces resistance.

NYSE:AYI
Read Acuity Brands stock: A good play on falling rates
five below stock price
January 9, 2024 6:10 AM ET

Five Below falls below EMA; is it time to buy the dip?

Thomas Hughes

Five Below reaffirmed its guidance, but the market wanted more. Now, the stock is down 5% and in a position where sell-siders may buy the dip.

NASDAQ:FIVE
Read Five Below falls below EMA; is it time to buy the dip?
Abstract blurred background based on stock market graphs on the screen. Stock exchange activity and exchange rates theme
January 9, 2024 6:05 AM ET

4 hot midcaps that the insiders are buying

Thomas Hughes

Here's a look at the four hot midcaps insiders bought most in Q4 2023. Some are good buys, some are wait-and-see, and some it's time to say goodbye.

NYSE:MODGNASDAQ:FFINNYSE:CW
Read 4 hot midcaps that the insiders are buying
Chipotle stock price
January 8, 2024 7:00 AM ET

Chipotle stock price can set a new all-time high in 2024

Thomas Hughes

Chipotle Mexican Grill analysts are raising their targets and see this stock trading at a new all-time high in 2024; digital and store count growth are why.

NYSE:CMG
Read Chipotle stock price can set a new all-time high in 2024
Greenbriar stock price
January 5, 2024 9:10 AM ET

The Greenbrier Companies: Underappreciated or overvalued? 

Thomas Hughes

The Greenbrier Companies had a mixed quarter, but shares shot higher as revenue and earnings clarity appeared for this dividend stock.

NYSE:GBX
Read The Greenbrier Companies: Underappreciated or overvalued? 
sidus space stock price outlook
January 5, 2024 8:10 AM ET

Is Sidus Space about to launch its share price into reversal?

Thomas Hughes

Sidus Space is preparing to launch its first LizzieSat satellites for its Space-as-a-service satellite cluster; a license from NOAA clears the path.

NASDAQ:SIDU
Read Is Sidus Space about to launch its share price into reversal?
Utz brand stock outlook
January 5, 2024 6:55 AM ET

Small-cap Utz Brands has mid-cap aspirations: analysts upgrade

Thomas Hughes

Utz Brands is a high-quality small-cap consumer staple and budding dividend-growth stock with an aspiration for mid-cap status.

NYSE:UTZNYSEARCA:XLP
Read Small-cap Utz Brands has mid-cap aspirations: analysts upgrade
Cal-Maine Stock Price outlook
January 5, 2024 5:21 AM ET

Cal-Maine Stock: Buying the dip in America’s largest egg producer

Thomas Hughes

Cal-Maine had a weak quarter, with price declines offsetting volume increases and deleveraging earnings. However, profits remained and dividends were paid.

TSE:CALMNASDAQ:CALM
Read Cal-Maine Stock: Buying the dip in America’s largest egg producer
Dividend stocks
January 5, 2024 5:20 AM ET

The 5 top-rated dividend stocks by analysts

Thomas Hughes

This article looks at the top five highest-rated dividend stocks on the Marketbeat platform; yields run from 3.0% to over 10%.

NYSE:AESINYSE:BIPNASDAQ:CNOB
Read The 5 top-rated dividend stocks by analysts
consumer Staples Stocks
January 4, 2024 7:59 AM ET

Lamb Weston or Conagra Brands: Which is the better buy?

Thomas Hughes

The Consumer Staples sector offers value and yield but individual stocks are better plays than the ETF; Lamb Weston and Conagra Brands are reasons why.

NYSE:CAGNYSE:LW
Read Lamb Weston or Conagra Brands: Which is the better buy?
Walgreens stock price outlook
January 4, 2024 7:55 AM ET

Walgreens Boots Alliance: Is it time to take this Dog for a walk?

Thomas Hughes

Walgreens cut its dividend in half to right-size the payment and preserve cash flow; the stock still yields about 4% and trades at a deep value.

NASDAQ:WBA
Read Walgreens Boots Alliance: Is it time to take this Dog for a walk?
Dividend Stocks to buy
January 4, 2024 5:11 AM ET

3 dividend stocks that insiders are buying

Thomas Hughes

Insiders are buying dividend stocks that trade at long-term lows, including The Aaron's Company, WK Kellogg and Kemper. Are rebounds in sight?

NYSE:KMPRNYSE:KLGNYSE:AAN
Read 3 dividend stocks that insiders are buying
Unifirst stock price
January 3, 2024 9:20 AM ET

UniFirst stock falls into the buy zone

Thomas Hughes

UniFirst is on track to follow in Cintas' footsteps; dividend increases and share repurchases could help lift this stock by 500% over the next five years.

NASDAQ:CTASNYSE:UNF
Read UniFirst stock falls into the buy zone
2024 Stock market
January 3, 2024 7:35 AM ET

4 takeaways from the first day of trading in 2024

Thomas Hughes

The first trading day of 2024 was not good and left the market with an ominous signal of impending correction; safe-haven high-yield values come into favor.

NYSEARCA:XLPNASDAQ:KHCNYSE:CAG
Read 4 takeaways from the first day of trading in 2024
Pet stocks to buy
January 3, 2024 5:19 AM ET

These pet stocks can rebound in 2024

Thomas Hughes

Chewy, Inc. and Freshpet are uniquely set up to lead the pet food industry rebound in 2024, driven by the sustained growth of pet ownership and e-commerce.

NASDAQ:FRPTNYSE:CHWY
Read These pet stocks can rebound in 2024
Ennovix stock price
January 3, 2024 5:07 AM ET

Enovix: a short-squeeze candidate setting up for success

Thomas Hughes

Enovix is on track to ramp production in 2024 and may soon provide a catalyst for a short squeeze; analysts see this stock advancing triple digits.

NYSE:AMPXNASDAQ:ENVX
Read Enovix: a short-squeeze candidate setting up for success
Amprius Technologies stock price
January 2, 2024 8:25 AM ET

Amprius Technologies amps the market and enters a reversal

Thomas Hughes

Amprius Technologies stock soared as much as 60% following the grand opening of its expanded facility, which increased capacity by 10X.

EPA:AIRNASDAQ:FLIRNASDAQ:AVAV
Read Amprius Technologies amps the market and enters a reversal
Camping world Stock dividend
January 2, 2024 7:05 AM ET

Camping World: when dividend cuts are a good thing

Thomas Hughes

Camping World cut its dividends to focus on growth, is executing its plans, and will outperform expectations in 2024 and beyond.

NYSE:CWH
Read Camping World: when dividend cuts are a good thing
Penny stocks to buy 2024
January 2, 2024 6:35 AM ET

The most active penny stocks at Marketbeat.com 

Thomas Hughes

This is a look at the five most actively traded penny stocks ranked by Marketbeat.com's tracking tools: all provide opportunity, and some are good buys.

NASDAQ:TLRYNASDAQ:BITFNASDAQ:WULF
Read The most active penny stocks at Marketbeat.com 
A business person tracking the technical movement of a stock chart on a computer screen
December 29, 2023 6:38 AM ET

3 high-yield values to buy ahead of rate cuts

Thomas Hughes

High-yield value stocks will be in high demand in 2024 once the Fed starts to cut rates; it is better to buy them now while they are still cheap.

NYSE:ETDNYSE:VZNYSE:EPD
Read 3 high-yield values to buy ahead of rate cuts
Penny stocks ready to take off: Traeger image of rubs is one of them
December 29, 2023 5:00 AM ET

4 beaten-down penny stocks ready to take off

Thomas Hughes

These four penny stocks are beaten down with nowhere to go but up. Catalysts are in sight that could drive them to substantial rebounds in 2024.

NYSE:COOKNASDAQ:WOOFNASDAQ:BLNK
Read 4 beaten-down penny stocks ready to take off
Insider stocks
December 28, 2023 8:35 AM ET

Insiders bet big on these turnaround stocks

Thomas Hughes

Insiders are buying Bally's, Delcath Systems and Perrigo while their shares are at historic lows and catalysts are ahead.

NASDAQ:DCTHNYSE:BALYNYSE:PRGO
Read Insiders bet big on these turnaround stocks