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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 58

Braze Inc Stock price logo
June 13, 2023 5:10 AM ET

There’s A Reversal In Play For Braze, Inc

Thomas Hughes

Braze issued a solid report and guidance that has the analysts raising their targets and leading the market higher, possibly into a complete reversal.

NASDAQ:BRZE
Read There’s A Reversal In Play For Braze, Inc
Cardinal Health stock price
June 12, 2023 9:30 AM ET

Can Cardinal Health Fly Higher In 2023?

Thomas Hughes

Cardinal Health is on the rise after raising guidance and announcing a new repurchase program worth more than 10% of the market cap.

NYSE:CAH
Read Can Cardinal Health Fly Higher In 2023?
DraftKings Stock price
June 12, 2023 8:45 AM ET

DraftKings Stock, Is There Royally Good Upside Ahead?

Thomas Hughes

The analysts are driving DraftKings higher and may continue to do so this year, provided the Q2 results are solid and slowing growth doesn't become a problem.

NASDAQ:DKNG
Read DraftKings Stock, Is There Royally Good Upside Ahead?
penny stocks insider buys
June 12, 2023 7:25 AM ET

3 Penny Stocks The Insiders Are Buying 

Thomas Hughes

Insiders and institutions are targeting penny stocks that offer deep value, face temporal challenges, and are misunderstood by the market.

NASDAQ:GEGNASDAQ:PRPLNASDAQ:NNBR
Read 3 Penny Stocks The Insiders Are Buying 
Fuel Cell Stock price
June 10, 2023 5:43 AM ET

FuelCell Is Back To Realistic Valuation

Thomas Hughes

FuelCell Energy is on the cusp of profitability with major projects about to go online and real revenue to begin; the analysts see upside.

NASDAQ:FCEL
Read FuelCell Is Back To Realistic Valuation
Cactus Stock forecast
June 9, 2023 10:25 AM ET

Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 

Thomas Hughes

The oilfield boom is still on despite falling rig counts: a shift to new technology supports business and led Cactus to raise guidance and repurchases.

NYSE:SLBNYSE:HALNASDAQ:BKR
Read Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
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