Free Trial

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 40

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
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
Read Advanced Micro Devices is at a significant turning point
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?