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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 61

FREYR Battery stock price forecast
May 15, 2023 9:25 AM ET

FREYR Battery Is An Interesting Play On EVs: At Rock Bottom

Thomas Hughes

FREYR Battery is an exciting play on electrification and could become the leading producer of batteries in the US and abroad.

NYSE:FREY
Read FREYR Battery Is An Interesting Play On EVs: At Rock Bottom
AppLovin stock price forecast
May 15, 2023 7:50 AM ET

The Bottom Is In For AppLovin; Reversal Is Next 

Thomas Hughes

AppLovin is at the bottom following a year of massive declines; the analysts' sentiment is improving and could drive a reversal in 2023.

NYSE:APP
Read The Bottom Is In For AppLovin; Reversal Is Next 
DraftKings stock price
May 12, 2023 8:35 AM ET

An Updraft Is Brewing For DraftKings 

Thomas Hughes

DraftKings is in an updraft driven by the analysts and supported by results and increased guidance that may be too cautious.

NYSE:RBLXNASDAQ:EANASDAQ:WYNN
Read An Updraft Is Brewing For DraftKings 
High-Risk Mullen Automotive Continues To Build Momentum 
May 12, 2023 8:03 AM ET

High-Risk Mullen Automotive Continues To Build Momentum 

Thomas Hughes

Mullen Automotive is as risky as they come but remains compelling enough that the institutions are buying more. Production is expected to start this summer.

NASDAQ:LCIDNASDAQ:MULN
Read High-Risk Mullen Automotive Continues To Build Momentum 
Fisker Karma stock price
May 12, 2023 5:16 AM ET

A Reversal Is In The Works For Fisker Inc. 

Thomas Hughes

Fisker is on track to ramp production despite delays. They plan to make 6,000 vehicles monthly by the end of the year and profits are in sight.

NYSE:FSR
Read A Reversal Is In The Works For Fisker Inc. 
A studio shot of a box of 6 Krispy Kreme Original Glazed Doughnuts.
May 12, 2023 5:00 AM ET

Is Krispy Kreme a Tasty Buy After Q1 Results? 

Thomas Hughes

Krispy Kreme stock had a decent quarter and reaffirmed guidance for near-10% growth in 2023 which sent shares higher, but how high can it go?

NASDAQ:DNUTNYSE:MCDNYSE:CMG
Read Is Krispy Kreme a Tasty Buy After Q1 Results? 
Wynn Resorts stock image on MarketBeat
May 11, 2023 8:40 AM ET

Wynn Resorts: A Winning Bet for 2023 

Thomas Hughes

Wynn Resorts stock resumed dividend payments after a solid quarter driven by the rebound in Macau. Analysts raise their targets, supporting the uptrend.

NASDAQ:WYNN
Read Wynn Resorts: A Winning Bet for 2023 
Disney Stock price forecast Mickey Mouse
May 11, 2023 7:25 AM ET

A Royally Good Time To Buy The Walt Disney Company 

Thomas Hughes

Disney is moving lower on tepid results, but this may be a royally good time to buy given margin improvement in the streaming business.

NYSE:DIS
Read A Royally Good Time To Buy The Walt Disney Company 
Roblox stock price and analysis
May 11, 2023 5:12 AM ET

Roblox Scores A Win In The Metaverse And May Move Higher

Thomas Hughes

Roblox scores a win in the metaverse, with bookings outpacing the consensus and plans to cut costs aiding the profit outlook.

NASDAQ:EANYSE:RBLX
Read Roblox Scores A Win In The Metaverse And May Move Higher
Dutch Bros stock price forecast and analysis
May 11, 2023 5:00 AM ET

Don’t Get Burned By Dutch Bros; Starbucks Has More Potential

Thomas Hughes

Dutch Bros.'s growth strategy will pay off but there is high risk in the outlook compared to Starbucks which is also growing and pays a dividend.

NASDAQ:SBUXNYSE:BROS
Read Don’t Get Burned By Dutch Bros; Starbucks Has More Potential
Occidental Petroleum stock price
May 10, 2023 9:45 AM ET

Occidental Petroleum: Will Buffet Buy More? 

Thomas Hughes

Occidental Petroleum falls back into the Buffet Buy Zone but will he buy more? Berkshire won't take control but it could still buy another 25% of the company.

NYSE:BRK.ANYSE:OXY
Read Occidental Petroleum: Will Buffet Buy More? 
Electronic Arts (EA) stock price
May 10, 2023 9:00 AM ET

Electronic Arts Has Game But Can Share Price Move Higher?

Thomas Hughes

Electronic Arts had a tepid quarter but reported solid bookings and favorable guidance that have analysts raising their price targets.

NASDAQ:EA
Read Electronic Arts Has Game But Can Share Price Move Higher?
Rivian stock price forecast
May 10, 2023 7:45 AM ET

Rivian Leads EV Startups But Will The Stock Move Higher? 

Thomas Hughes

Rivian had a good quarter and sent shares skyrocketing; the question is if this rally is sustainable or if there will be another buying opportunity.

NASDAQ:MULNNYSE:FSRNASDAQ:LCID
Read Rivian Leads EV Startups But Will The Stock Move Higher? 
PayPal stock price forecast
May 10, 2023 7:03 AM ET

Is Paypal Buyable On Post-Earnings Weakness? 

Thomas Hughes

Paypal had a great quarter and raised guidance, but the analysts are not convinced and have begun to lower their targets for 2023.

NASDAQ:PYPL
Read Is Paypal Buyable On Post-Earnings Weakness? 
Lucid Stock price forecast
May 9, 2023 11:12 AM ET

Lucid Group Bottomed, But The Outlook Remains Cloudy

Thomas Hughes

Lucid Group did not give much clarity regarding its financial outlook, as production and deliveries fall short of expectations.

NASDAQ:LCID
Read Lucid Group Bottomed, But The Outlook Remains Cloudy
Skyworks Solutions Inc. image on MarketBeat
May 9, 2023 8:40 AM ET

Skyworks Solutions: Another Crack in the Consumer Outlook

Thomas Hughes

Skyworks Solutions issued a tepid report that points to slowing in consumer discretionary spending foreshadowed by UPS and Packaging Corporation of America.

NASDAQ:AAPLNYSE:PKGNYSE:UPS
Read Skyworks Solutions: Another Crack in the Consumer Outlook
Palantir stock price forecast
May 9, 2023 7:24 AM ET

Palantir: Bottoming On Unprecedented Demand 

Thomas Hughes

Palantir had a great quarter with growth in all segments but some analysts are not impressed and see this stock moving sideways in 2023.

NASDAQ:MSFTNASDAQ:DDOGNYSE:PLTR
Read Palantir: Bottoming On Unprecedented Demand 
snowflake stock price
May 9, 2023 4:50 AM ET

Snowflake Upgraded As Headwinds Ease: AI In Focus 

Thomas Hughes

Snowflake gets an upgrade on strength shown by other cloud services companies and an expected boom in AI that is already underway.

NASDAQ:DDOGNASDAQ:FROGNASDAQ:MSFT
Read Snowflake Upgraded As Headwinds Ease: AI In Focus 
bank stocks
May 8, 2023 10:30 AM ET

3 High-Yield Banks Insiders Are Buying 

Thomas Hughes

The banking crisis may not be over, but insiders are buying these shares which pay high yields that come with an outlook for distribution growth.

NASDAQ:FMNBNASDAQ:FFINNASDAQ:GBCI
Read 3 High-Yield Banks Insiders Are Buying 
Freshpet stock price forecast
May 8, 2023 8:35 AM ET

Freshpet Is On The Brink Of Reversal 

Thomas Hughes

Freshpet is executing expansion plans that aim to improve operating leverage and profitability. The market is moving higher and may complete a reversal.

NASDAQ:FRPT
Read Freshpet Is On The Brink Of Reversal 
Tyson Foods Stock price
May 8, 2023 7:40 AM ET

Tyson Foods: Is It Time To Cut Losses Or Load Up On Shares? 

Thomas Hughes

Tyson Foods shares fell 10% on weak earnings and guidance, but the market may be at the point of capitulation and offering up the lowest prices it can.

NYSE:TSNNASDAQ:KHCNASDAQ:PEP
Read Tyson Foods: Is It Time To Cut Losses Or Load Up On Shares? 
Jack in the Box restaurant stock price sign
May 8, 2023 6:42 AM ET

Jack In The Box Is A Buy On Post-Earnings Weakness

Thomas Hughes

Jack In The Box is showing solid support after falling on results. The results are good and the guidance better so higher share prices are expected.

NYSE:MCDNYSE:QSRNYSE:CMG
Read Jack In The Box Is A Buy On Post-Earnings Weakness
Booking.com stock price
May 5, 2023 9:56 AM ET

It’s Time To Check Into Booking.Com 

Thomas Hughes

Booking.com had a robust quarter and left the market with a positive vibe but shares are falling under the pressure of profit-taking.

NASDAQ:BKNG
Read It’s Time To Check Into Booking.Com 
Shopify stock price
May 5, 2023 5:48 AM ET

Shopify Delivers Growth And Efficiency; Shares Surge 

Thomas Hughes

Shopify reported a solid quarter and gave equally good guidance plus the expectation for margin improvement which sent shares up 25%.

NYSE:SHOP
Read Shopify Delivers Growth And Efficiency; Shares Surge