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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 52

Downgraded stocks
August 21, 2023 8:45 AM ET

Is Now the Time to Buy these 3 Most Downgraded Stocks?

Thomas Hughes

The analysts have lowered the bars for Chipotle Mexican Grill, Nike, and Foot Locker, but the bar may be set too low for these solid brands.

NYSE:FLNYSE:NKENYSE:CMG
Read Is Now the Time to Buy these 3 Most Downgraded Stocks?
stocks down chart
August 18, 2023 5:20 AM ET

3 Stocks Wrongfully Punished For Raising Guidance

Thomas Hughes

Analysts continue to support these stocks despite a downturn in share prices; outperformance and raised guidance are the reason why.

NYSE:KONASDAQ:PEPNASDAQ:KDP
Read 3 Stocks Wrongfully Punished For Raising Guidance
Buy Sell stocks
August 18, 2023 5:13 AM ET

Institutions Shop For This High-Yield Value And Sell Another 

Thomas Hughes

Kraft Heinz and Conagra both offer deep value and high-yield for investors, but the institutions are only buying 1: which 1 would you pick?

NYSE:CAGNASDAQ:KHC
Read Institutions Shop For This High-Yield Value And Sell Another 
Walmart stock price
August 17, 2023 7:00 AM ET

Walmart Wins the Retail Wars: Target is Losing Ground

Thomas Hughes

Walmart is winning the retail wars taking share in grocery and other categories; competitor Target has missed the market and may see its shares hit new lows.

NYSE:TGTNYSE:KSSNYSE:TJX
Read Walmart Wins the Retail Wars: Target is Losing Ground
Brinker International stock price
August 17, 2023 6:11 AM ET

Is It Time To Nibble On Brinker International Stock? 

Thomas Hughes

Brinker International had a solid quarter and gave favorable guidance that should help lift the market over the long-term.

NYSE:DRINASDAQ:TXRHNASDAQ:BLMN
Read Is It Time To Nibble On Brinker International Stock? 
The TJX Companies stock price
August 16, 2023 9:02 AM ET

The TJX Companies: Offprice Retail Hits its Stride in Q2

Thomas Hughes

The TJX Companies had a great quarter proving that off-price retailers are hitting their stride as shoppers look for bargains.

NYSE:HDNYSE:TGTNYSE:KSS
Read The TJX Companies: Offprice Retail Hits its Stride in Q2
Target Stock price
August 16, 2023 8:55 AM ET

Target Misses The Mark: Is It Too Late To Sell?

Thomas Hughes

Target had a mixed quarter and lowered its guidance, pointing to a weak and uncertain second half of the year for the retail sector.

NYSE:HDNYSE:TGT
Read Target Misses The Mark: Is It Too Late To Sell?
Stocks up with charts
August 16, 2023 5:00 AM ET

3 Hot Charts Ready To Blast Off In Q3 

Thomas Hughes

The outlook for AI supports Adobe, Salesforce.com, and Advanced Micro Devices and has the analysts on their side; higher share prices are coming.

NASDAQ:AMDNYSE:CRMNASDAQ:ADBE
Read 3 Hot Charts Ready To Blast Off In Q3 
On Holdings stock price , shoe
August 15, 2023 9:18 AM ET

On Holding Slips Into A More Comfortable Price Point 

Thomas Hughes

On Holdings sprinted to support after FX headwinds cut into the results; the move is an opportunity to buy into this high-end consumer name.

TSE:LLLNASDAQ:LULUNYSE:NKE
Read On Holding Slips Into A More Comfortable Price Point 
cannabis stocks
August 15, 2023 8:12 AM ET

3 Growing Cannabis Stocks Ready To Bloom

Thomas Hughes

The cannabis industry is heading for a shakeup later this year. The Federal review of cannabis' Schedule status is due by the end of the year.

OTCMKTS:CURLFOTCMKTS:VRNOFNYSE:IIPR
Read 3 Growing Cannabis Stocks Ready To Bloom
Home Depot stock price
August 15, 2023 7:22 AM ET

Home Depot Could Be Heading Lower Despite Solid Q2 Results

Thomas Hughes

Home Depot had a solid quarter, but the strength is priced in, and the outlook for the 2nd half took a turn for the worse. The stock could remain range-bound.

NYSE:LOWNYSE:HD
Read Home Depot Could Be Heading Lower Despite Solid Q2 Results
Dividend stocks
August 14, 2023 9:45 AM ET

3 Sizzling Dividends That Are Going On Sale

Thomas Hughes

Fast-food restaurant stocks are in decline following a solid round of reports. The weakness is opening an opportunity in several dividend names.

NASDAQ:JACKNASDAQ:WENNYSE:MCD
Read 3 Sizzling Dividends That Are Going On Sale
3 Under-the-Radar Semiconductor Stocks
August 14, 2023 9:30 AM ET

3 Under-the-Radar Semiconductor Stocks

Thomas Hughes

Silicon carbide semiconductors are becoming an important growth market due to demand from EV and solar OEMs; the chips are more rugged and withstand high temp.

NASDAQ:ONNASDAQ:NVTSNYSE:STM
Read 3 Under-the-Radar Semiconductor Stocks
Economy
August 14, 2023 7:47 AM ET

Inflation, The Fed, and Oil Prices: Interest Rates Are Going Up

Thomas Hughes

The CPI data was cooler than expected, but rising oil prices threaten to keep inflation hot and accelerating which will drive the FOMC to additional rate hikes.

NYSEARCA:USO
Read Inflation, The Fed, and Oil Prices: Interest Rates Are Going Up
 Plug Power stock price
August 11, 2023 7:20 AM ET

Is It Time To Plug Into Some Shares Of Plug Power? 

Thomas Hughes

Plug Power shares fell double-digits after releasing a weak report and pushing out the commissioning of major projects into 2024.

NASDAQ:PLUG
Read Is It Time To Plug Into Some Shares Of Plug Power? 
FREYR Battery stock price
August 11, 2023 5:45 AM ET

Is It Time To Get Into the FREY: FREYR Battery

Thomas Hughes

FREYR Battery is hammering out a bottom and could begin to move higher within the next few quarters on ramping production and successful testing.

NYSE:FREY
Read Is It Time To Get Into the FREY: FREYR Battery
Disney Stock Price
August 11, 2023 4:45 AM ET

Disney: The Magic Is Coming Back 

Thomas Hughes

Disney is on track to grow and widen its margin over the next several years with Bob Iger at the helm; shares are at historically low levels and a great value.

NYSE:DIS
Read Disney: The Magic Is Coming Back 
Stocks Insiders are buying
August 10, 2023 7:55 AM ET

2 Cheap Stocks The Insiders Are Buying 

Thomas Hughes

Aspire Women's Health and Genesco are turning corners and their insiders are buying after several quarters of inactivity.

NASDAQ:AWHNYSE:GCO
Read 2 Cheap Stocks The Insiders Are Buying 
Roblox Stock chart
August 10, 2023 7:55 AM ET

Is It Time To Game The Roblox Market? 

Thomas Hughes

Roblox had a solid quarter but was not strong enough to keep the bulls running; the range-bound stock is set up for another rebound this year.

NYSE:RBLX
Read Is It Time To Game The Roblox Market? 
Wendy's stock price
August 9, 2023 8:45 AM ET

High-Yield Wendy’s Ready To Rally After Sizzling Quarter

Thomas Hughes

High-yield Wendy's could undergo a price-multiple expansion that will align it with peer McDonald's and reduce the 4.6% yield to lower levels.

NYSE:MCDNASDAQ:WEN
Read High-Yield Wendy’s Ready To Rally After Sizzling Quarter
Rivian Automotive stock price
August 9, 2023 7:35 AM ET

The Rivian Market Is About To Shift Into A Higher Gear 

Thomas Hughes

Rivian ramped up production and figured out its supply chain issues resulting in an increase to guidance and outperformance in Q2.

NASDAQ:RIVN
Read The Rivian Market Is About To Shift Into A Higher Gear 
UPS stock price
August 8, 2023 7:48 AM ET

UPS Slipping To More Attractive Levels On Weak Outlook 

Thomas Hughes

UPS had a tough quarter, but its dividend is safe enough in 2023. The stock returns to firming support levels and may produce a buy signal soon.

NYSE:UPS
Read UPS Slipping To More Attractive Levels On Weak Outlook 
Palantir Technologies stock price
August 8, 2023 6:47 AM ET

Palantir Slips: An Entry Point Comes Into Focus

Thomas Hughes

Palantir had a solid quarter, but the strength was priced in, and the guidance was not strong enough to spark a rally. A repurchase plan was announced.

NASDAQ:TSLANYSE:PLTR
Read Palantir Slips: An Entry Point Comes Into Focus
Tyson Foods stock price
August 8, 2023 6:34 AM ET

Tyson Foods: Is There Any Meat On This Bone? 

Thomas Hughes

Tyson Foods shares fell to a critical level and maybe a hot buy for patient investors; risk to the dividend is the number 1 concern.

NYSE:TSN
Read Tyson Foods: Is There Any Meat On This Bone?