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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 52

Building at Abbott; learn more about Abbott Laboratories stock price
July 20, 2023 8:45 AM ET

Abbott Laboratories Has the Prescription for Higher Share Prices

Thomas Hughes

Abbott Laboratories stock is ready to rebound after a year of correction. The decline of COVID is priced into the market, and organic growth is accelerating.

NYSE:ABT
Read Abbott Laboratories Has the Prescription for Higher Share Prices
Tesla stock price forecast
July 20, 2023 6:10 AM ET

Is This The Top For Tesla Stock? 

Thomas Hughes

Tesla had a stellar quarter growing deliveries by 83%, but pricing declines cut into the top and bottom lines and may weigh on the price action.

NASDAQ:TSLA
Read Is This The Top For Tesla Stock? 
apple stock price
July 20, 2023 4:45 AM ET

Four Reasons Why Apple Could Soar To New Highs In Q3

Thomas Hughes

Apple is among the most widely followed stocks on Marketbeat, and it is poised to rally to new highs in the 2nd half: 30% more upside is possible.

NASDAQ:AMZNNASDAQ:MSFTNASDAQ:AAPL
Read Four Reasons Why Apple Could Soar To New Highs In Q3
J.B. Hunt stock price
July 19, 2023 8:30 AM ET

J.B. Hunt Transportation Services Could Hit New Highs By Year End

Thomas Hughes

J.B. Hunt Transportation Services had a rough quarter, but analysts continue to support the stock which is in rally mode.

NASDAQ:JBHT
Read J.B. Hunt Transportation Services Could Hit New Highs By Year End
Carvana stock price
July 19, 2023 8:13 AM ET

The Squeeze Is On For Carvana Stock Prices

Thomas Hughes

Carvana had a better-than-expected quarter and restricted debt in a manner supported by debt-holders: shares are up double-digits and on track to reverse.

NYSE:CVNA
Read The Squeeze Is On For Carvana Stock Prices
zscaler stock price
July 19, 2023 6:40 AM ET

ZScaler Is On The Brink Of Reversal 

Thomas Hughes

Zscaler is on the cusp of a reversal in stock price that analysts drive. The company is expected to produce a solid quarter and the bar may still be too low.

NYSE:NETNASDAQ:CHKPNASDAQ:PANW
Read ZScaler Is On The Brink Of Reversal 
Novartis logo on the outside of a building: Learn more about Novartis stock
July 19, 2023 5:00 AM ET

Can Novartis Move to New Highs and Sustain Them? 

Thomas Hughes

Novartis stock is moving higher following outperformance in Q2 and increased guidance. A $15 billion share repurchase authorization is also in play.

NYSE:NVS
Read Can Novartis Move to New Highs and Sustain Them? 
Charles Schwab stock price
July 18, 2023 8:59 AM ET

Charles Schwab Gets The Rebound, Time to Buy?

Thomas Hughes

Charles Schwab leads a rebound in financial stocks following solid results and an outlook that includes a return to growth by the end of the year.

NYSE:SCHW
Read Charles Schwab Gets The Rebound, Time to Buy?
Lockheed Martin Corporation stock outlook
July 18, 2023 8:02 AM ET

Can Lockheed Martin Fly To A New High In 2023?

Thomas Hughes

Lockheed Martin is a defense stock income investors can get defensive with. The company beat on the top and bottom lines and raised guidance for the year.

NYSE:LMT
Read Can Lockheed Martin Fly To A New High In 2023?
Bank of America stock earnings
July 18, 2023 7:30 AM ET

Banking On Bank Of America In The 2nd Half

Thomas Hughes

Bank of America offers a value and yield for income investors looking to get into the financial sector; Q2 results are promising and capital returns will flow.

NYSE:JPMNYSE:BAC
Read Banking On Bank Of America In The 2nd Half
Wayfair stock price
July 18, 2023 5:02 AM ET

Can Wayfair Round The Corner Into A Short-Squeeze? 

Thomas Hughes

Wayfair is moving after an upgrade and commentary that suggests it will outperform in Q2 and the remainder of the year.

NYSE:W
Read Can Wayfair Round The Corner Into A Short-Squeeze? 
Analyzing stock market graph on a touch screen device: Simmons First national overview
July 18, 2023 5:00 AM ET

Actively Bought Stocks by Insiders Right Now

Thomas Hughes

These three stocks top the list of insider buying for the number of insiders of buying and the number of transactions made; telling signs of insider confidence.

NASDAQ:CMTLNASDAQ:EWBCNASDAQ:SFNC
Read Actively Bought Stocks by Insiders Right Now
Chewy stock price
July 17, 2023 7:49 AM ET

Is It Time To Take Another Bite Of Chewy, Inc? 

Thomas Hughes

Chewy.com is on the brink of a complete reversal following an upgrade to Buy that has shares on the move. The company should outpace consensus for Q2.

NASDAQ:AMZNNYSE:CHWY
Read Is It Time To Take Another Bite Of Chewy, Inc? 
GreenPower Motor  stock price
July 17, 2023 6:44 AM ET

GreenPower Motor Company Shifts Into High Gear 

Thomas Hughes

GreenPower Motor Company is gaining traction and momentum as it shifts into high gear to lead the specialty EV market in 2023.

NASDAQ:MULNNASDAQ:WKHSNASDAQ:GP
Read GreenPower Motor Company Shifts Into High Gear 
JPMorgan Chase & Company stock
July 14, 2023 7:25 AM ET

JPMorgan Chase Is In Reversal But Don’t Chase It Higher 

Thomas Hughes

JPMorgan Chase & Company has a solid quarter supported by higher interest rates and the addition of FRC assets to the fold; the largest bank is larger than ever

NYSE:JPM
Read JPMorgan Chase Is In Reversal But Don’t Chase It Higher 
Fastenal Stock price
July 14, 2023 6:57 AM ET

Fastenal Falls To The Buy Zone: But Wait To Buy More

Thomas Hughes

Fastenal's 2.4% yield is falling into the buy zone after a tepid earnings report; takeaways include debt reduction, cashflow, and capital returns.

NASDAQ:FAST
Read Fastenal Falls To The Buy Zone: But Wait To Buy More
Conagra Brands stock price forecast
July 14, 2023 5:12 AM ET

Deep Value Conagra Brands Pulls Into The Buy Zone

Thomas Hughes

Conagra Brands is a high-yield and deep-value in the consumer staples sector that investors might want to nibble on. Analysts see nothing but upside.

NYSE:CAGNYSEARCA:XLY
Read Deep Value Conagra Brands Pulls Into The Buy Zone
Cintas Corporation delivery truck; learn more about Cintas stock.
July 14, 2023 5:00 AM ET

Will Cintas Scale a New High in 2023?

Thomas Hughes

Cintas' total returns are on track to top the double-digit mark in 2024; growth is on deck for the business and the dividend.

NASDAQ:CTAS
Read Will Cintas Scale a New High in 2023?
Delta Air Lines stock price outlook
July 13, 2023 7:30 AM ET

Delta Takes Flight: Double-Digit Upside In Sight

Thomas Hughes

Delta Air Lines is flying higher after beating guidance and raising the outlook for the year: analysts support the stock and may pilot the market to new highs.

NYSE:DAL
Read Delta Takes Flight: Double-Digit Upside In Sight
PepsiCo stock price
July 13, 2023 6:32 AM ET

PepsiCo Can Soar To New Highs In The 2nd Half

Thomas Hughes

PepsiCo had a solid quarter and guided the market higher. The news sparked a rally in share prices that could take this stock to a new all-time high.

NYSE:KONASDAQ:PEP
Read PepsiCo Can Soar To New Highs In The 2nd Half
Netflix stock price
July 13, 2023 5:00 AM ET

Netflix Can Soar Higher In The 2nd Half

Thomas Hughes

Netflix is rising on a round of analyst upgrades and price target revisions ahead of the Q2 results; the company could outperform and rally to new highs.

NASDAQ:NFLX
Read Netflix Can Soar Higher In The 2nd Half
Beyond Meat stock price
July 12, 2023 8:59 AM ET

Contrarian Play: Beyond Meat Is At An Inflection Point 

Thomas Hughes

Beyond Meat is on the cusp of a substantial rebound, given the expanding availability and reviews of new products like Beyond Steak.

NYSE:WMTNYSE:TGTNYSE:ACI
Read Contrarian Play: Beyond Meat Is At An Inflection Point 
CPI. Consumer price index report
July 12, 2023 7:42 AM ET

The CPI Data Isn’t As Good As You Think It Is 

Thomas Hughes

The CPI report cooled more than expected but investors should not be optimistic; the Fed will still hike at least 25 more basis points.

NYSEARCA:USONYSEARCA:SPY
Read The CPI Data Isn’t As Good As You Think It Is 
Shutterstocl stock chart
July 12, 2023 5:37 AM ET

Oversold Shutterstock Hits Bottom: AI For Income Investors

Thomas Hughes

Shutterstock inked a new deal with OpenAI that should help drive revenue and earnings gains long into the future; which is great news for income investors.

NASDAQ:AMZNNASDAQ:MSFTNASDAQ:META
Read Oversold Shutterstock Hits Bottom: AI For Income Investors