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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 38

2 more high-quality dividend growers to buy on the dip
February 7, 2024 5:00 AM ET

2 more high-quality dividend growers to buy on the dip

Thomas Hughes

W.W. Grainger and Church & Dwight are high-quality dividend growth stocks with a robust outlook for sustained annual distribution increases; buy them on dips.

NYSE:CHDNYSE:GWW
Read 2 more high-quality dividend growers to buy on the dip
Caterpillar stock hits new highs; time to ring the register?
February 6, 2024 9:31 AM ET

Caterpillar stock hits new highs; time to ring the register?

Thomas Hughes

Caterpillar hit a peak after the Q4 results, but it may not be time to sell out the position yet. The trends are favorable so this stock could hit a new high.

NYSE:CAT
Read Caterpillar stock hits new highs; time to ring the register?
Spotify stock: Reversal gains momentum with higher highs in sight
February 6, 2024 7:58 AM ET

Spotify stock: Reversal gains momentum with higher highs in sight

Thomas Hughes

Spotify continues to build on its successes, driving MAU growth and margin improvement expected to be sustained in 2024.

NYSE:SPOT
Read Spotify stock: Reversal gains momentum with higher highs in sight
Commvault launches to new highs; more highs to come
February 6, 2024 5:19 AM ET

Commvault launches to new highs; more highs to come

Thomas Hughes

CommVault is making the shift to cloud-based services and emerging as a leader in AI-powered hybrid cloud services for enterprises.

NASDAQ:CVLT
Read Commvault launches to new highs; more highs to come
McDonald’s stock serves up a buy-the-dip opportunity
February 5, 2024 7:45 AM ET

McDonald’s stock serves up a buy-the-dip opportunity

Thomas Hughes

McDonald's pulls back to a lower price point following the Q4 release. This is a buy-the-dip moment but how low will the stock go before it reobunds?

NYSE:MCD
Read McDonald’s stock serves up a buy-the-dip opportunity
AbbVie turns a corner; patent cliff fears were overblown 
February 2, 2024 8:16 AM ET

AbbVie turns a corner; patent cliff fears were overblown 

Thomas Hughes

AbbVie's patent cliff is already a thing of the past with Skyrizi and Rinvoq outperforming and other assets also strong. Dividends are safe, growth is back.

NYSE:ABBV
Read AbbVie turns a corner; patent cliff fears were overblown 
Magnificent Meta Platforms stock will double in value
February 2, 2024 7:45 AM ET

Magnificent Meta Platforms stock will double in value

Thomas Hughes

Meta Platforms matured from a tech start-up growth company to a mature, dividend-paying tech leader with a robust outlook.

NASDAQ:NVDANASDAQ:MSFTNASDAQ:AAPL
Read Magnificent Meta Platforms stock will double in value
Brinker International throws a high-volume continuation signal
February 2, 2024 6:00 AM ET

Brinker International throws a high-volume continuation signal

Thomas Hughes

Brinker International is growing its business and improving its balance sheet. It offers some value relative to its peers, but there is a trade-off.

NASDAQ:TXRHNASDAQ:CBRLNYSE:DRI
Read Brinker International throws a high-volume continuation signal
Tractor Supply Company can plow its way to new highs in 2024
February 2, 2024 5:30 AM ET

Tractor Supply Company can plow its way to new highs in 2024

Thomas Hughes

Tractor Supply has been range-bound but may be able to set new highs in 2024 on cash flow, dividend growth, share repurchases, and rising shareholder equity.

NASDAQ:TSCO
Read Tractor Supply Company can plow its way to new highs in 2024
Nextracker: The sun is rising for this solar stock
February 2, 2024 5:01 AM ET

Nextracker: The sun is rising for this solar stock

Thomas Hughes

Nextracker Inc. is on track to accelerate its growth on demand for its market-leading solar-tracking platform. Analysts support the stock and are raising targets.

NASDAQ:NXT
Read Nextracker: The sun is rising for this solar stock
3 high-quality dividend growers to buy on the dip
February 2, 2024 4:05 AM ET

3 high-quality dividend growers to buy on the dip

Thomas Hughes

Dividend growth stocks are attractive, but their high valuations often make them hard purchases; buying on the dip is critical to success

NYSE:LIINYSE:AVYNASDAQ:ODFL
Read 3 high-quality dividend growers to buy on the dip
Microsoft stock to $450? Here’s How 
January 31, 2024 7:22 AM ET

Microsoft stock to $450? Here’s How 

Thomas Hughes

Microsoft stock is on track to move up into the $450 to $490 region soon and that may be a cautious target given the rise of AI and outlook for growth.

NASDAQ:MSFT
Read Microsoft stock to $450? Here’s How 
Advanced Micro Devices is at a significant turning point
January 31, 2024 7:00 AM ET

Advanced Micro Devices is at a significant turning point

Thomas Hughes

Advanced Micro Devices is at a significant turning point with end-market normalization in key markets offsetting strength in AI and Data Center.

NASDAQ:NVDANASDAQ:AMD
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4 med tech stocks with improving prognosis for 2024
January 31, 2024 5:20 AM ET

4 med tech stocks with improving prognosis for 2024

Thomas Hughes

MedTech stocks have had plenty of reason to rally over the last year but haven't. That is about to change with growth accelerating in 2024 and 2025.

NYSE:SYKNASDAQ:ISRGNYSE:ABT
Read 4 med tech stocks with improving prognosis for 2024
Starbucks perks up on margin strength: Are new highs in sight?
January 31, 2024 5:12 AM ET

Starbucks perks up on margin strength: Are new highs in sight?

Thomas Hughes

Starbucks had a solid quarter and generated significant cash flow and earnings but failed to meet expectations and lowered guidance; the downtrend may continue.

NYSE:CNYSE:BCSNASDAQ:SBUX
Read Starbucks perks up on margin strength: Are new highs in sight?
PulteGroup can set a new high in 2024
January 31, 2024 5:00 AM ET

PulteGroup can set a new high in 2024

Thomas Hughes

PulteGroup had a tough quarter, but cash flow is robust, and there is a return to growth at hand, so this stock can easily set new highs in 2024

NYSE:PHM
Read PulteGroup can set a new high in 2024
Crane can fly to new highs in 2024
January 31, 2024 4:05 AM ET

Crane can fly to new highs in 2024

Thomas Hughes

Crane Company is growing its business with the aid of acquisitions, and it is in a position to continue its trend in 2024

NYSE:CXTNYSE:CR
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Does UPS stock going down present an opportunity?
January 30, 2024 6:45 AM ET

Does UPS stock going down present an opportunity?

Thomas Hughes

United Parcel Service had a weak quarter offset by margin strength and dividend growth. The stock fell more than 5% on the news, confirming the downtrend.

NYSE:UPS
Read Does UPS stock going down present an opportunity?
Yes, Colgate-Palmolive can clean its way to a fresh all-time high
January 30, 2024 4:03 AM ET

Yes, Colgate-Palmolive can clean its way to a fresh all-time high

Thomas Hughes

Colgate-Palmolive is in an upswing driven by analysts' sentiment and results; it may experience a price-multiple expansion and hit new highs this year

NYSE:CL
Read Yes, Colgate-Palmolive can clean its way to a fresh all-time high
These are the 4 hottest stocks insiders bought in January
January 29, 2024 12:00 PM ET

These are the 4 hottest stocks insiders bought in January

Thomas Hughes

Insiders are buying these stocks, but not all are good buys for investors or bullish traders; avoid stocks with high short interest, no revenue, and no earnings

NASDAQ:OPKNASDAQ:YORWNASDAQ:CTBI
Read These are the 4 hottest stocks insiders bought in January
Intel Q4 results: A bad sign for tech earnings 
January 29, 2024 8:25 AM ET

Intel Q4 results: A bad sign for tech earnings 

Thomas Hughes

Intel's turnaround is on track and gaining momentum, but it is not quite as strong as the analysts had hoped, leading them to reset their sentiment

NASDAQ:MSFTNASDAQ:GOOGNASDAQ:META
Read Intel Q4 results: A bad sign for tech earnings 
3 high-yielding Dividend Kings: Buy, sell or hold?
January 26, 2024 8:17 AM ET

3 high-yielding Dividend Kings: Buy, sell or hold?

Thomas Hughes

These Dividend Kings have higher-than-average yields relative to the broad market and catalysts to drive their shares higher over the long term.

NYSE:ADMNYSE:CLNYSE:PG
Read 3 high-yielding Dividend Kings: Buy, sell or hold?
ASML reaches inflection point with 100% upside in sight
January 26, 2024 5:27 AM ET

ASML reaches inflection point with 100% upside in sight

Thomas Hughes

ASML had a solid quarter but gave cautious guidance. An increase in net bookings suggests a rebound and acceleration that could take the stock price higher.

NASDAQ:KLACNASDAQ:NVDANASDAQ:ASML
Read ASML reaches inflection point with 100% upside in sight
Lockheed Martin and RTX Corporation: One to buy, one to let fly?
January 26, 2024 5:23 AM ET

Lockheed Martin and RTX Corporation: One to buy, one to let fly?

Thomas Hughes

RTX and Lockheed Martin had decent quarters, but a crucial difference has analyst sentiment shifting, and one stock is rising while the other is falling.

NYSE:LMTNYSE:RTX
Read Lockheed Martin and RTX Corporation: One to buy, one to let fly?