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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 57

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
Salesforce stock chart
July 11, 2023 9:20 AM ET

Another Double-Digit Gain Is In Store For Salesforce

Thomas Hughes

The analysts are busy revising their targets for Salesforce.com earnings after the company announced the first price increase in 7 years.

NYSE:CRM
Read Another Double-Digit Gain Is In Store For Salesforce
PriceSmart stock price
July 11, 2023 7:59 AM ET

PriceSmart Pulls Back: A Smart Time To Buy Emerging Markets?

Thomas Hughes

PriceSmart is on a solid growth trajectory, with its stock on the brink of reversal: emerging markets are expected to diverge later this year.

NYSE:WMTNASDAQ:COSTNASDAQ:PSMT
Read PriceSmart Pulls Back: A Smart Time To Buy Emerging Markets?
consolidated Edison stock price
July 11, 2023 7:02 AM ET

Insiders Are Buying Consolidated Edison 

Thomas Hughes

Insiders are buying high-yield Consolidated Edison and the institutions are too. Analysts aren't on board due to low exposure to renewables.

NYSE:NEENYSE:ED
Read Insiders Are Buying Consolidated Edison 
WD-40 stock price
July 11, 2023 6:55 AM ET

WD-40 Company Unsticks The Wheels Of Growth 

Thomas Hughes

WD-40 Company is firing on all cylinders and pointing to growth this year and next. The capital return program is solid and backed up by a strong balance sheet.

NASDAQ:WDFC
Read WD-40 Company Unsticks The Wheels Of Growth 
Meta Stock price
July 10, 2023 9:05 AM ET

Meta Threads Its Way To New Heights 

Thomas Hughes

Meta's revenue and earnings outlook is getting a boost from the rapid adoption of its new app, Threads, which is a potent rival to Twitter.

NASDAQ:META
Read Meta Threads Its Way To New Heights 
Market Analyze - stocks to buy
July 10, 2023 8:46 AM ET

Helen of Troy and NanoString Technologies Trade Set-ups

Thomas Hughes

Helen of Troy and NanoString Technologies emerge as hot trades after beating expectations and giving solid guidance for the year.

NASDAQ:NSTGNASDAQ:HELE
Read Helen of Troy and NanoString Technologies Trade Set-ups
Stock Sectors 2023
July 10, 2023 7:30 AM ET

The 3 Hot Sectors To Watch During The Summer Reporting Season

Thomas Hughes

The outlook for S&P 500 earnings growth continues to worsen, but not all sectors feel the same pain, and some will post actual growth.

NASDAQ:METANASDAQ:NFLXNASDAQ:GOOG
Read The 3 Hot Sectors To Watch During The Summer Reporting Season
jobs report
July 7, 2023 7:55 AM ET

Cracks In The Labor Market? Not Yet, But They’re Coming 

Thomas Hughes

The NFP report was tepid but points to additional FOMC rate hikes that will cause more economic cracks and bring recession closer.

NYSEARCA:SPY
Read Cracks In The Labor Market? Not Yet, But They’re Coming 
Levi's Stock price
July 7, 2023 7:25 AM ET

Levi’s: Buy On The Dip Or Downtrend In Play? 

Thomas Hughes

Levi's had a tepid quarter and guided lower but still generates solid cash flow and pays a healthy, high-yielding dividend income investors will love.

NYSE:LEVINYSE:RLNYSE:VFC
Read Levi’s: Buy On The Dip Or Downtrend In Play? 
AI stocks to buy
July 7, 2023 6:00 AM ET

Three AI Trades That Could Double This Year 

Thomas Hughes

These small-cap plays on AI are poised to leverage the industry's growth and use it to grow revenue for themselves and their clients.

NASDAQ:MSFTNYSE:ORCLNASDAQ:MDB
Read Three AI Trades That Could Double This Year 
Person Networks stock price
July 7, 2023 5:02 AM ET

Perion Network Is Monetizing The Internet And Delivering Value

Thomas Hughes

Perion Networks is growing at an above-consensus pace and is expected to raise guidance when it releases official Q2 results.

NYSE:CRMNASDAQ:MSFTNASDAQ:PERI
Read Perion Network Is Monetizing The Internet And Delivering Value
OPEC oil prices
July 7, 2023 5:01 AM ET

OPEC+ Fights For Higher Oil Prices: They’re On The Way

Thomas Hughes

OPEC is recruiting new members to help control oil prices and drive profits for energy companies globally. The XLE is winding up and may make a big move soon.

NYSEARCA:USONYSE:XOMNYSE:CVX
Read OPEC+ Fights For Higher Oil Prices: They’re On The Way
Mullen Automotive stock price
July 6, 2023 8:15 AM ET

The Bottom Is In For Mullen Automotive 

Thomas Hughes

Mullen Automotive announced a substantial share repurchase plan that has the short sellers moving out; will they reposition or stay out of the market?

NASDAQ:MULN
Read The Bottom Is In For Mullen Automotive 
Bassett Furniture stock price
July 6, 2023 6:00 AM ET

High-Yield Bassett Furniture Rocks Into Reversal 

Thomas Hughes

The high-yielding furniture industry is on the brink of normalization following several turbulent years and Bassett Furniture is moving up on the news.

NYSE:ETDNYSE:HVTNYSE:LZB
Read High-Yield Bassett Furniture Rocks Into Reversal 
BioMarin stock price
July 6, 2023 5:33 AM ET

Is BioMarin Ready To Rebound After FDA Approval Of Roctavian?

Thomas Hughes

BioMarin gets FDA approval for Roctavian and earned an upgrade because of it; shares may be ready to rebound but there are still hurdles.

NASDAQ:BMRN
Read Is BioMarin Ready To Rebound After FDA Approval Of Roctavian?
National Beverage stock price
July 6, 2023 5:00 AM ET

National Beverage Corp. Underperforms Buy These Stocks Instead

Thomas Hughes

Beverage companies are an attractive Buy for investors, but not National Beverage Corp. which trades at a high valuation and pays no dividend.

NASDAQ:KDPNYSE:KONASDAQ:PEP
Read National Beverage Corp. Underperforms Buy These Stocks Instead