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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 53

Beverage stocks to buy
August 8, 2023 5:33 AM ET

3 Hot Beverage Stocks Trading At Trigger Points 

Thomas Hughes

Beverage stocks are hot this year and on track to grow in 2024; there are opportunities for growth and income investors.

NASDAQ:MNSTNASDAQ:SBUXNASDAQ:PEP
Read 3 Hot Beverage Stocks Trading At Trigger Points 
Oil Prices
August 7, 2023 9:35 AM ET

Three Ways To Play The Rise In Oil Prices

Thomas Hughes

Oil prices are rising again and may deliver another round of windfall profits to the energy sector later this year or in early 2024.

NYSEARCA:USONYSEARCA:XLENYSE:OXY
Read Three Ways To Play The Rise In Oil Prices
The 10 Stocks MarketBeat Readers Like Best 
August 7, 2023 7:30 AM ET

The 10 Stocks MarketBeat Readers Like Best 

Thomas Hughes

Marketbeat readers have spoken! These are the 10 most-followed stocks on the platform and momentum is building for some interesting names.

NASDAQ:AMDNYSE:NIONASDAQ:AMZN
Read The 10 Stocks MarketBeat Readers Like Best 
Starbucks logo on a store; learn what's happening with the Starbucks stock price
August 4, 2023 9:45 AM ET

Starbucks Market at a Turning Point: Is a Breakout Imminent? 

Thomas Hughes

Starbucks had a record-setting quarter that made analysts yawn. Starbucks stock dipped, but investors were ready to buy, and now a breakout is imminent.

NASDAQ:SBUX
Read Starbucks Market at a Turning Point: Is a Breakout Imminent? 
Kellogg  Company stock price
August 4, 2023 6:38 AM ET

Is Kellogg Company A Buy Before It Splits Into 2 Businesses?

Thomas Hughes

Kellogg Company had a mixed quarter but widened margin and beat on the bottom line: the split into 2 companies is on track to close in Q4.

NYSE:POSTNYSE:K
Read Is Kellogg Company A Buy Before It Splits Into 2 Businesses?
Kraft Heinz stock price
August 3, 2023 5:45 AM ET

High-Yielding Kraft Heinz Gains Momentum In Q2 

Thomas Hughes

Kraft Heinz remains on track for a multiple expansion that could double the share price over the next few years; margin improvement and dividends will help.

NYSE:HRLNYSE:MKCNASDAQ:KHC
Read High-Yielding Kraft Heinz Gains Momentum In Q2 
Advanced Micro Devices stock outlook
August 2, 2023 6:35 AM ET

Is AMD Ready To Rocket Higher? 

Thomas Hughes

Advanced Micro Devices had a solid quarter, with demand for AI products up 7X and the MI300 chip ready to ramp in Q4 2023.

NASDAQ:NVDANASDAQ:AMD
Read Is AMD Ready To Rocket Higher? 
ONSemi stock price
August 1, 2023 5:02 AM ET

ONSemi Is On Target For New Highs In 2023 

Thomas Hughes

ONSemi lifted the semiconductor industry after reporting a beat-and-raise quarter supported by automotive and industrial markets.

NASDAQ:ON
Read ONSemi Is On Target For New Highs In 2023 
Keurig Dr Pepper stock price
July 28, 2023 7:00 AM ET

Is It Time To Buy Keurig Dr Pepper Or Cut Losses? 

Thomas Hughes

Keurig Dr Pepper is a relatively high-yielding stock that trades at a value to its peers. The stock is up after solid results and may move higher.

NASDAQ:KDPNYSE:KONASDAQ:PEP
Read Is It Time To Buy Keurig Dr Pepper Or Cut Losses? 
The Patent Cliff Is Why AbbVie Is Moving Higher 
July 28, 2023 5:09 AM ET

The Patent Cliff Is Why AbbVie Is Moving Higher 

Thomas Hughes

High-yielding AbbVie will retest the all-time high after posting a solid quarter underpinned by new treatments and relative strength in Humira.

NYSE:ABBV
Read The Patent Cliff Is Why AbbVie Is Moving Higher 
Chipotle Mexican Grill stock price
July 27, 2023 10:15 AM ET

Chipotle Mexican Grill Serves Up Another Entry Point 

Thomas Hughes

Chipotle Mexican Grill had a solid quarter but was not strong enough to excite the market. The stock is down 10% and offering another tasty entry point.

NYSE:CMG
Read Chipotle Mexican Grill Serves Up Another Entry Point 
Tractor Supply Company stock price outlook
July 27, 2023 8:50 AM ET

Four Reasons Tractor Supply Company Can Plow New Highs In 2023

Thomas Hughes

Tractor Supply Company can plow to new highs given the update to the growth outlook: the store count target was increased and will drive long-term value.

NYSE:LOWNYSE:TGTNYSE:WMT
Read Four Reasons Tractor Supply Company Can Plow New Highs In 2023
Meta Platforms stock price outlook
July 27, 2023 7:15 AM ET

Meta Platform Shares Rocket Higher! Are More Highs To Come?

Thomas Hughes

Meta Platforms surges higher after the Q2 results reveal the impact of AI, and the results are better than expected; new highs are coming for this stock.

NASDAQ:META
Read Meta Platform Shares Rocket Higher! Are More Highs To Come?
Check Point Software stock price
July 27, 2023 5:00 AM ET

Cyber Security Stocks Quietly Advance On Check Point Results

Thomas Hughes

Check Point Software had a mixed quarter but impressed on the bottom line and shares are moving higher; repurchases help support the market.

NASDAQ:PANWNASDAQ:CHKP
Read Cyber Security Stocks Quietly Advance On Check Point Results
NXP Semiconductors stock price forecast
July 27, 2023 4:59 AM ET

Analysts Will Push NXP Semiconductors To A New High 

Thomas Hughes

NXP Semiconductors is at an inflection point that means capital returns will continue, and the share price could move to a new high.

NASDAQ:NXPI
Read Analysts Will Push NXP Semiconductors To A New High 
Verizon stock price
July 26, 2023 9:30 AM ET

Nothing But Upside For High-Yield Verizon? 

Thomas Hughes

High-yield Verizon is still on sale and has the support of analysts and institutions; the analysts see at least a 4% of upside, and it could be double-digits.

NYSE:VZ
Read Nothing But Upside For High-Yield Verizon? 
Coca-Cola stock price
July 26, 2023 7:55 AM ET

Will Coca-Cola Stock Move To New Highs Or Fall Flat In 2023?

Thomas Hughes

The Coca-Cola Company had a good quarter, but it may not be enough to get this high-yielding stock to move higher in 2023.

NASDAQ:PEPNYSE:KO
Read Will Coca-Cola Stock Move To New Highs Or Fall Flat In 2023?
Microsoft stock price outlook
July 26, 2023 7:20 AM ET

Microsoft Corrects On Solid Results: AI Is Priced Into The Market

Thomas Hughes

Microsoft had a stellar quarter but failed to inspire a rally because the strength of AI and guidance was priced into the market.

NASDAQ:AAPLNASDAQ:MSFT
Read Microsoft Corrects On Solid Results: AI Is Priced Into The Market
Simpson Manufacturing stock price
July 26, 2023 5:35 AM ET

Simpson Manufacturing Can Scale New Highs In 2023

Thomas Hughes

Simpson Manufacturing had a solid quarter driven by its diversified operation and operational improvements that are driving wider margin.

NYSE:SSD
Read Simpson Manufacturing Can Scale New Highs In 2023
Lamb Weston stock image on a phone
July 26, 2023 5:03 AM ET

Why Lamb Weston Holdings Inc. Got Fried for Solid Results 

Thomas Hughes

Lamb Weston stock had a smash quarter, but shares got fried. The stock is among the highest-valued staple stocks and pays the lowest dividend.

NASDAQ:PEPNASDAQ:KHCNYSE:GIS
Read Why Lamb Weston Holdings Inc. Got Fried for Solid Results 
Packages representing Packaging Corporation of America stock
July 26, 2023 5:01 AM ET

Should You Wait to Buy Packaging Corporation of America? 

Thomas Hughes

Packaging Corporation of America had a mixed quarter, but shares surged; the analysts see the stock moving lower, so don't chase this market.

NYSE:PKG
Read Should You Wait to Buy Packaging Corporation of America? 
highpeak energy stock oil rigs at sunset
July 26, 2023 5:00 AM ET

HighPeak Energy Prepares to Gush Higher as Insiders Buy

Thomas Hughes

HighPeak Energy stock is getting bought by its insiders, buying in bulk; they and the institutions have the stock at the bottom and ready to reverse.

NASDAQ:HPK
Read HighPeak Energy Prepares to Gush Higher as Insiders Buy
NextEra Energy stock price
July 25, 2023 7:55 AM ET

NextEra Energy: Power Your Income Portfolio With Green Energy

Thomas Hughes

NextEra Energy can electrify an income portfolio with its 2.5% yield and outlook for double-digit distribution growth this year and next.

NYSE:NEE
Read NextEra Energy: Power Your Income Portfolio With Green Energy
Logitech stock price
July 25, 2023 6:56 AM ET

Rebound And Reversal For Logitech International 

Thomas Hughes

Logitech had a mixed quarter but shares are up; cash flow is strong and the dividend sound, a potential play for dividend capture strategies.

NASDAQ:LOGI
Read Rebound And Reversal For Logitech International