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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 56

Plug Power stock price
June 9, 2023 6:45 AM ET

Will Plug Power’s Deal With Energy Vault Move The Needle? 

Thomas Hughes

Plug Power is on track to dominate the green hydrogen industry, but it is not out of the weeds; mounting losses and a need for capital could cause a stall.

NYSE:NRGVNASDAQ:PLUG
Read Will Plug Power’s Deal With Energy Vault Move The Needle? 
Rev Group stock price
June 8, 2023 10:30 AM ET

REV Group Shifts Into High Gear: Double-Digit Upside Ahead

Thomas Hughes

REV Group's new CEO guided the company through supply chain challenges, helped produce a market-beating quarter, and improved guidance.

NYSE:REVG
Read REV Group Shifts Into High Gear: Double-Digit Upside Ahead
stitch fox stock price
June 8, 2023 10:15 AM ET

Don’t Bet On A Rally In Stitch Fix, Invest In The Future

Thomas Hughes

Stitch Fix isn't out of the woods, but the stock is coming back into fashion after improvements in profitability showed up in the results.

NASDAQ:SFIX
Read Don’t Bet On A Rally In Stitch Fix, Invest In The Future
Diversified Dividend Compounder ABM Industries Moves Higher
June 8, 2023 6:55 AM ET

Diversified Dividend Compounder ABM Industries Moves Higher

Thomas Hughes

ABM Industries is a Dividend King quietly moving higher following a solid report. The company isn't growing quickly, but it is growing, and the dividend is safe

NYSE:ABM
Read Diversified Dividend Compounder ABM Industries Moves Higher
Ollie's Bargain Outlets stock price forecast
June 7, 2023 10:40 AM ET

Ollie’s Bargain Outlet Goes On Sale 

Thomas Hughes

Ollie's Bargain Outlet issues solid results and guides higher, but the price pulls back. The market responds by buying the dip in this growth leader.

NYSE:TGTNYSE:KSSNYSE:DG
Read Ollie’s Bargain Outlet Goes On Sale 
Campbell Soup Company stock price forecast
June 7, 2023 10:35 AM ET

Campbell Soup Company Leads Staples Stocks Into The Buy Zone

Thomas Hughes

Campbell Soup Company had a solid quarter but did not impress the analysts with guidance, and now shares are moving lower; and into the buy zone.

NYSE:CPB
Read Campbell Soup Company Leads Staples Stocks Into The Buy Zone
Lovesac stock price
June 7, 2023 9:09 AM ET

A Love/Hate Relationship With The Lovesac Company

Thomas Hughes

The Lovesac Company is outperforming its peers, so its new valuation may be warranted. If it can sustain momentum, the market could rally by year's end.

NYSE:ETDNYSE:HVTNYSE:LZB
Read A Love/Hate Relationship With The Lovesac Company
Thor Industries stock price forecast
June 7, 2023 9:00 AM ET

Lightning Strikes For Thor Industries, Again 

Thomas Hughes

Thor Industries is more sign of normalization within the RV industry and normalization above the pre-pandemic levels; great news for income investors.

NYSE:THO
Read Lightning Strikes For Thor Industries, Again 
Dave & Buster's stock price forecast
June 7, 2023 7:35 AM ET

The Dave & Buster's Rebound Is Still In PLAY 

Thomas Hughes

Dave & Buster's Entertainment is cooking up a rebound that could serve up double-digit gains for patient investors; the institutions are buying heavily.

NASDAQ:PLAY
Read The Dave & Buster's Rebound Is Still In PLAY 
Academy Sports + Outdoors  stock price
June 7, 2023 5:00 AM ET

Academy Sports + Outdoors Looks Hot For A Summer Rebound 

Thomas Hughes

Academy Sports + Outdoors fell after issuing weak guidance, but the market bought the dip, and a bottom and rebound are in play.

NASDAQ:SPWHNYSE:DKSNASDAQ:ASO
Read Academy Sports + Outdoors Looks Hot For A Summer Rebound 
GitLab stock prcie
June 6, 2023 9:55 AM ET

It Is Not Too Late To “Git” On Board With GitLab 

Thomas Hughes

GitLab had a solid quarter, and guidance is above-consensus, lifting the market. The opportunity is large, but volatility may cause whipsaws.

NASDAQ:MDBNASDAQ:GTLB
Read It Is Not Too Late To “Git” On Board With GitLab 
DIVIDEND-PAYING STOCKS high yield
June 6, 2023 7:54 AM ET

3 High-Yield Names The Institutions Are Buying 

Thomas Hughes

The institutions are buying these high-yield stocks that are trading at deep values and present long-term opportunities for income investors.

NYSE:VZNASDAQ:WBANYSE:KSS
Read 3 High-Yield Names The Institutions Are Buying 
Smuckers Stock price forecast
June 6, 2023 7:30 AM ET

The J.M. Smucker Co.: A Sweet Opportunity For Income Investors 

Thomas Hughes

The J.M. Smucker Co. is a solid value with a yield of 2.75%, and it expects revenue and earnings to grow in fiscal 2024; good news for income investors.

NYSE:SJM
Read The J.M. Smucker Co.: A Sweet Opportunity For Income Investors 
High Yield stocks to buy
June 6, 2023 5:17 AM ET

3 High-Yield Values Ready To Rebound

Thomas Hughes

These stocks are down for good reason, but offering value to investors, and their yields are reliable. An average of 6% isn't bad.

NYSE:WHRNYSE:USBNYSE:ENB
Read 3 High-Yield Values Ready To Rebound
MongoDB stock price
June 5, 2023 9:55 AM ET

Sleeper AI-Play MongoDB Could Triple In Size

Thomas Hughes

The analysts are upping their targets for MongoDB and are driving the stock price higher following blowout earnings that were aided by AI.

NASDAQ:GTLBNASDAQ:MDB
Read Sleeper AI-Play MongoDB Could Triple In Size
stock upgraded in May
June 5, 2023 8:52 AM ET

The Most Upgraded Stocks In May Are Moving Higher 

Thomas Hughes

The analysts have been raising their targets on these stocks and the stocks have risen to the top of Marketbeat.com's Most Upgraded Stocks list.

NYSE:CRMNASDAQ:PANWNASDAQ:NVDA
Read The Most Upgraded Stocks In May Are Moving Higher 
Verizon stock price
June 5, 2023 7:45 AM ET

Is Verizon’s 7% Yield Too Good To Pass Up?

Thomas Hughes

Verizon's 7% dividend yield is beginning to look too good to pass up. Risk-tolerant income investors could see a double-digit upside for their trouble.

NYSE:VZ
Read Is Verizon’s 7% Yield Too Good To Pass Up?
CrowdStrike stock forecast on MarketBeat on a screen
June 2, 2023 10:11 AM ET

CrowdStrike: Another Tech Stock to Buy on the Dip 

Thomas Hughes

CrowdStrike gets love from analysts after beating top and bottom-line estimates and guiding higher; AI helps to drive the CrowdStrike stock forecast results.

NASDAQ:NVDANASDAQ:OKTANYSE:CRM
Read CrowdStrike: Another Tech Stock to Buy on the Dip 
Salesforce cloud logo on modern facade: What is the Salesforce stock forecast? Learn more.
June 2, 2023 9:45 AM ET

Salesforce: Time to Snap it Up as the Market Buys the Dip?

Thomas Hughes

Salesforce issued a solid report and raised guidance, but shares fell. Is this a buying opportunity for the Salesforce stock forecast?

NASDAQ:NVDANYSE:CRM
Read Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler logo on a computer; learn more about Zscaler stock price on MarketBeat
June 2, 2023 9:19 AM ET

Zscaler: Analysts Raise the Bar for the AI Cloud Security Company

Thomas Hughes

Zscaler had a great quarter and guides the market higher. The analysts are raising their price targets, getting the Zscaler stock price in rally mode.

NASDAQ:PANWNASDAQ:NVDANYSE:S
Read Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
Hormel billboard; learn more: Is Hormel stock a good buy?
June 2, 2023 9:00 AM ET

High-Quality, High-Yield Hormel Looks Tasty at These Levels 

Thomas Hughes

Hormel is a Dividend King trading at rock-bottom prices and paying 2.75%. The company focuses on quality and driving results but is Hormel stock a good buy?

NYSE:HRL
Read High-Quality, High-Yield Hormel Looks Tasty at These Levels 
Raspberry Pi image of Broadcom products; learn more about Broadcom stock on MarketBeat
June 2, 2023 7:55 AM ET

Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets

Thomas Hughes

Broadcom reported solid earnings and raised its guidance but the stock sold off; the analysts are raising the price targets.

NASDAQ:NVDANYSE:CRMNASDAQ:CRWD
Read Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Chewy.com stock price
June 1, 2023 10:33 AM ET

Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come

Thomas Hughes

Chewy.com gave the market what it wanted and now the shares are surging. Short interest may drive volatility bt the reversal is on.

NASDAQ:PETSNASDAQ:WOOFNASDAQ:PETWW
Read Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come
Okta stock price forecast
June 1, 2023 8:35 AM ET

Okta, Inc: When Great Results Aren’t Good Enough 

Thomas Hughes

Okta reported a robust quarter and guided higher but the growth is slowing and that is weighing on analysts' sentiment and the stock price.

NASDAQ:OKTA
Read Okta, Inc: When Great Results Aren’t Good Enough