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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 43

Broadcom stock price chart
December 8, 2023 7:59 AM ET

Broadcom falls into a buy-the-dip opportunity 

Thomas Hughes

Broadcom shares pulled back after reporting a beat-and-raise quarter accompanied by a record margin and a 14% dividend increase.

NASDAQ:AVGO
Read Broadcom falls into a buy-the-dip opportunity 
Braze Stock Price outlook
December 7, 2023 7:45 AM ET

The rally in Braze, Inc. gains momentum: 30% upside potential

Thomas Hughes

Braze, Inc. had a blowout quarter and raised guidance spurring the analysts to raise their price targets for the stock and lead the market higher.

NASDAQ:BRZE
Read The rally in Braze, Inc. gains momentum: 30% upside potential
Insider Buying stocks
December 7, 2023 6:55 AM ET

3 cheap stocks that insiders are buying

Thomas Hughes

The stocks with the most active insider buying changed over the last month putting three new names in the spotlight; all are trading near historic lows.

NASDAQ:RGFNYSE:DARNASDAQ:TKNO
Read 3 cheap stocks that insiders are buying
GameStop stock
December 7, 2023 6:30 AM ET

GameStop: Better than expected is just plain bad news

Thomas Hughes

GameStop had a mixed quarter with better-than-expected earnings but the news wasn't enough to spark the short-squeeze retail investors hope will come.

NYSE:GME
Read GameStop: Better than expected is just plain bad news
Dave & Buster's Restaurant stock price
December 7, 2023 5:20 AM ET

Dave & Buster’s 30% upside is still in PLAY

Thomas Hughes

Dave & Buster's business is normalizing at a level that allows for robust share repurchases that are driving value for investors.

NASDAQ:PLAY
Read Dave & Buster’s 30% upside is still in PLAY
MongoDB stock price
December 6, 2023 6:39 AM ET

Selling the news in MongoDB is a buy-the-dip opportunity

Thomas Hughes

MongoDB is pulling back following a hot report and increased guidance that may be overly cautious given the clear momentum in AI.

NASDAQ:AMZNNASDAQ:GTLBNASDAQ:MSFT
Read Selling the news in MongoDB is a buy-the-dip opportunity
stocks to watch
December 6, 2023 5:12 AM ET

Analysts shift attention to new market leaders in Q4

Thomas Hughes

The top rankings for Most Upgraded stocks changed leaving market leaders like Meta Platforms at risk of topping out while others rally to new highs.

NASDAQ:METANASDAQ:AMZNNASDAQ:NVDA
Read Analysts shift attention to new market leaders in Q4
Metallic illustration of the words zero trust over graphic displaying network security
December 6, 2023 4:08 AM ET

The top five zero trust cybersecurity stocks

Thomas Hughes

Cybersecurity stocks are hot, and none are hotter than the zero trust leaders highlighted in this article; all grow at a high double-digit pace with tailwinds

NASDAQ:OKTANASDAQ:ZSNASDAQ:PANW
Read The top five zero trust cybersecurity stocks
Marvell Technology stock price
December 5, 2023 10:31 AM ET

Marvell Technology at a critical pivot: 30% upside is possible

Thomas Hughes

Marvell Technology is an AI company at an inflection point; legacy weakness is offset by AI strength that has growth back in the forecast.

NASDAQ:MRVL
Read Marvell Technology at a critical pivot: 30% upside is possible
nLIGHT, Inc. stock outlook
December 5, 2023 8:45 AM ET

nLIGHT, Inc. takes aim at a much higher share price 

Thomas Hughes

nLIGHT, Inc. is an emerging tech company focused on lasers and just got a new award from the Army that could lead to significant growth.

NASDAQ:LASR
Read nLIGHT, Inc. takes aim at a much higher share price 
GitLab Stock price
December 5, 2023 7:25 AM ET

GitLab is developing an AI-powered market reversal 

Thomas Hughes

GitLab had a solid quarter with better-than-expected growth and unexpected profits that are compounded by favorable guidance; shares are up double-digits.

NASDAQ:GTLB
Read GitLab is developing an AI-powered market reversal 
Kraft Heinz Stock Price
December 5, 2023 6:35 AM ET

Kraft Heinz watershed moment moves the needle for investors

Thomas Hughes

Kraft Heinz had a watershed quarter in Q3 leading to a new share repurchase authorization; the big news in 2024 could be the 1st dividend increase in years.

NASDAQ:KHC
Read Kraft Heinz watershed moment moves the needle for investors
snowflake Stock Forecast
December 4, 2023 9:12 AM ET

Snowflake’s bullish tailwind is turning into a gale-force wind

Thomas Hughes

Snowflake had a beat-and-raise quarter that spurred the analysts to raise their price targets and lead the market to a new high.

NYSE:SNOW
Read Snowflake’s bullish tailwind is turning into a gale-force wind
Dell stock price outlook
December 4, 2023 7:59 AM ET

Dell Technologies slips into the buy zone

Thomas Hughes

Dell Technologies had a mixed quarter but analysts don't care; while there are hurdles to cross the outlook is bright for AI hardware, software and services.

NYSE:DELL
Read Dell Technologies slips into the buy zone
oil at sunset
December 1, 2023 7:45 AM ET

Energy traders: A rebound is coming

Thomas Hughes

Energy markets pulled back after OPEC+ production cuts but this is a sell-the-news and buy-the-dip opportunity for energy stocks.

NYSEARCA:XLENYSEARCA:USO
Read Energy traders: A rebound is coming
Ambarella Stock Price
December 1, 2023 7:08 AM ET

Ambarella: robust double-digit upside comes into focus

Thomas Hughes

Ambarella is a leader in CV at the edge of computing and is building a portfolio of SoCs that combine CV with AI inference.

NASDAQ:AMBA
Read Ambarella: robust double-digit upside comes into focus
Kroger Stock price
December 1, 2023 5:30 AM ET

Kroger shares are begging to be bought 

Thomas Hughes

Kroger had a solid quarter proving its value to investors. The balance sheet is in fine shape ahead of an expected merger and dividend growth is on tap.

NASDAQ:COSTNYSE:WMTNYSE:ACI
Read Kroger shares are begging to be bought 
Five Below Stock price
November 30, 2023 7:55 AM ET

A 15% gain in store for Five Below after rosy holiday outlook

Thomas Hughes

Five Below is about to rise above its all-time high due to solid results, rosy guidance and an expectation for acceleration in the coming year.

NYSE:TGTNYSE:WMTNYSE:TJX
Read A 15% gain in store for Five Below after rosy holiday outlook
Salesforce stock price
November 30, 2023 7:12 AM ET

Salesforce.com completes a reversal: new all-time high in sight

Thomas Hughes

Salesforce.com reports another beat-and-raise quarter that sent shares soaring; a complete reversal is in play and this stock could set new all-time highs soon.

NYSE:CRM
Read Salesforce.com completes a reversal: new all-time high in sight
Foot Locker stock outlook
November 30, 2023 6:54 AM ET

Foot Locker gets a fresh wind, shares surge 

Thomas Hughes

Foot Locker isn't out of the woods yet but the path forward is clearer than ever with an international growth effort also in the cards.

NYSE:FL
Read Foot Locker gets a fresh wind, shares surge 
MarketBeat Top Rated stocks
November 30, 2023 5:00 AM ET

The top-rated strong-buy stocks on Marketbeat’s radar

Thomas Hughes

Marketbeat.com tracks and ranks stocks based on their analysts sentiment score; this is a look at the 3 top-rated stocks on the platform in November.

NYSE:AESINASDAQ:WTFCNYSE:DBRG
Read The top-rated strong-buy stocks on Marketbeat’s radar
AI Powered Insights MarketBeat
November 30, 2023 5:00 AM ET

Marketbeat’s AI-powered tools for investors

Thomas Hughes

Marketbeat.com is getting on board the AI bandwagon with the launch of its latest tool, the AI Pros and Cons feature listed on the top 1000 traded stocks.

NYSE:SHOPNASDAQ:MSFT
Read Marketbeat’s AI-powered tools for investors
Workday sign and logo at headquarters building facade in Silicon Valley. Workday Inc. is on demand software vendor - Pleasanton, California, USA - 2019
November 29, 2023 8:00 AM ET

Workday works out a new high: Higher highs are still to come

Thomas Hughes

Workday had a solid quarter leading to increased guidance, analyst revisions and a 10% pop in share prices that may lead to higher highs this year.

NASDAQ:WDAY
Read Workday works out a new high: Higher highs are still to come
Stock sectors for 2024
November 29, 2023 7:05 AM ET

These are the top sectors for blue chip growth in 2024

Thomas Hughes

The sector results will be mixed in 2024 but the Health Care, Communications and Technology sectors (and some of their stocks) will post robust gains.

NYSEARCA:SPYNYSEARCA:XLKNYSEARCA:XLC
Read These are the top sectors for blue chip growth in 2024