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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 63

Chipolte Mexican Grill stock price
April 26, 2023 9:48 AM ET

Chipotle Mexican Grill Is Still A Tasty Investment

Thomas Hughes

Chipotle Mexican Grill smashed expectations and gave favorable guidance that has this market innovator moving to a new all-time high.

NYSE:CMG
Read Chipotle Mexican Grill Is Still A Tasty Investment
Federal reserve meeting - interest rates
April 26, 2023 8:23 AM ET

What To Expect From The Next Fed Meeting 

Thomas Hughes

The FOMC is slated to hike rates next week and it may surprise the market. Between then and now is the PCE Price Index which may sway the outlook and decision.

NYSE:UPSCNSX:PKGNASDAQ:JBHT
Read What To Expect From The Next Fed Meeting 
Sherwin-Williams stock price
April 26, 2023 7:50 AM ET

The Sherwin-Williams Companies On Pace For Robust Dividend Growth

Thomas Hughes

The Sherwin-Williams Companies had a great quarter supported by price hikes but the analysts like what they see and have begun to raise their targets.

NYSE:SHW
Read The Sherwin-Williams Companies On Pace For Robust Dividend Growth
Verizon stock price
April 26, 2023 5:00 AM ET

Should Verizon Be In Your Income Portfolio?

Thomas Hughes

Verizon's 7% dividend yield is a payout income investors should consider for their portfolios; the stock is at a bottom and moving higher on solid results.

NYSE:VZ
Read Should Verizon Be In Your Income Portfolio?
UPS stock price
April 25, 2023 10:50 AM ET

United Parcel Service Delivers A Warning To The Market

Thomas Hughes

United Parcel Service issued a weak report and guidance that could spell lower prices for the entire market as slowing consumer spending saps profits.

CNSX:PKGNYSE:UPSNYSE:PKG
Read United Parcel Service Delivers A Warning To The Market
McDonald's stock price
April 25, 2023 9:26 AM ET

A Top Is In For McDonald’s Corporation Stock 

Thomas Hughes

McDonald's had a better-than-expected quarter but new all-time highs may not be reached again until later this year if at all.

NASDAQ:JACKNASDAQ:WENNYSE:QSR
Read A Top Is In For McDonald’s Corporation Stock 
pepsiCo stock price
April 25, 2023 8:43 AM ET

PepsiCo Bubbles To All-Time High, More to Come 

Thomas Hughes

PepsiCo blew past its consensus estimates and is trading at a new all-time high, supported by robust guidance and analysts.

NYSE:KONASDAQ:PEP
Read PepsiCo Bubbles To All-Time High, More to Come 
Whirlpool stock price
April 25, 2023 7:40 AM ET

Can High-Yield Whirlpool Spin Higher In 2023?

Thomas Hughes

Whirlpool shares are bouncing from a bottom and may complete a reversal on news margins are improving and capital returns will continue.

NYSE:WHR
Read Can High-Yield Whirlpool Spin Higher In 2023?
WAG Group Stock price
April 25, 2023 6:23 AM ET

Insiders Buy Wag! Group, Sell-Side Buys Too 

Thomas Hughes

Insiders are buying Wag! Group and are helping to support the price along with the institutions and the analysts who see 200% of upside.

NASDAQ:ROVRNASDAQ:PETWWNASDAQ:PET
Read Insiders Buy Wag! Group, Sell-Side Buys Too 
Medtronic stock price forecast and analysis
April 24, 2023 10:10 AM ET

Medtronic: Reversal In-Play For This High-Yield Stock

Thomas Hughes

Medtronic is getting upgraded after the FDA approved the MiniMed 780G insulin pump, a revolutionary device for diabetics worldwide.

NYSE:MDT
Read Medtronic: Reversal In-Play For This High-Yield Stock
Nvidia logo and sign on headquarters. Blurred foreground with green trees - Santa Clara, California, USA - 2020
April 24, 2023 9:20 AM ET

Is it Time to Take Profits in Chip Stocks?

Thomas Hughes

The semiconductor sector may have reached a peak. UBS expects weakening IT spending to impact the semiconductor industry, and it may be seen in the guidance.

NASDAQ:ONNASDAQ:KLACNASDAQ:ICG
Read Is it Time to Take Profits in Chip Stocks?
Garrett motion inc. logo
April 24, 2023 8:30 AM ET

Garrett Motion Inc. Skids on Results: Is it Time to Buy the Dip?

Thomas Hughes

Garrett Motion is set up for a short squeeze, but the Q1 results are not the catalyst to drive it. This stock may be range bound until later in the year.

NYSE:GTX
Read Garrett Motion Inc. Skids on Results: Is it Time to Buy the Dip?
Dexcom logo sign atop headquarters campus. DexCom, Inc. develops, manufactures, and distributes glucose monitoring systems for diabetes management- San Diego, California, USA - 2020
April 24, 2023 5:00 AM ET

3 Medtech Companies with Higher Future Share Prices

Thomas Hughes

The analysts see normalization and growth for the med tech industry and have started picking their favorites for 2023 and beyond.

NASDAQ:ISRGNASDAQ:DXCMNYSE:BSX
Read 3 Medtech Companies with Higher Future Share Prices
Dividends stocks to watch
April 21, 2023 9:00 AM ET

2 Industrial Strength Dividend Stocks Melting Up 

Thomas Hughes

PPG Industries and CSX are 2 industrial strength dividend payers that should be on your watchlist if not your portfolio.

NASDAQ:CSXNYSE:PPG
Read 2 Industrial Strength Dividend Stocks Melting Up 
Procter & Gamble stock price forecast
April 21, 2023 7:11 AM ET

Procter & Gamble Is Going To Set A New High 

Thomas Hughes

Procter & Gamble is a Dividend King worth betting on after it raised guidance and increased its plans for capital returns in 2023.

NASDAQ:KHCNYSE:CLXNYSE:GPC
Read Procter & Gamble Is Going To Set A New High 
Netflix stock price
April 21, 2023 5:25 AM ET

Netflix Increases Buybacks: Can It Complete A Reversal In 2023? 

Thomas Hughes

Netflix reported a mixed quarter but robust cash flows and a healthy balance sheet point to increases buy backs this year and raise the odds for share prices.

NASDAQ:NFLX
Read Netflix Increases Buybacks: Can It Complete A Reversal In 2023? 
IBM stock price
April 21, 2023 5:00 AM ET

No, It Isn’t Time To Sell IBM Stock 

Thomas Hughes

IBM shares are struggling to hold gains after posting a solid bottom-line beat and guiding for growth. The 5% yield may be a red flag but it's not a warning.

NYSE:IBM
Read No, It Isn’t Time To Sell IBM Stock 
Genuine Parts Company stock price
April 20, 2023 11:10 AM ET

Genuine Parts Company Is Genuinely A Good Buy 

Thomas Hughes

Genuine Parts Company is a Dividend King with the power to raise its distribution for 50 more years and that is proven by the Q1 results.

NYSE:GPC
Read Genuine Parts Company Is Genuinely A Good Buy 
D.R. Horton stock price
April 20, 2023 10:50 AM ET

Can D.R. Horton Shares Raise The Roof, Or Is This The Ceiling?

Thomas Hughes

D.R. Horton had a good quarter and gave solid guidance but details within the report give cause for concern the 2024 results won't be so good.

NYSE:DHI
Read Can D.R. Horton Shares Raise The Roof, Or Is This The Ceiling?
Las Vegas Sands Stock Price
April 20, 2023 7:33 AM ET

Las Vegas Sands Hits The Jackpot, China Drives Robust Recovery

Thomas Hughes

Las Vegas Sands reports a blow-out quarter driven by strength in Macau and Singapore that delivers solid cash flow and balance sheet improvements.

NASDAQ:WYNNOTCMKTS:WYNMFNYSE:MGM
Read Las Vegas Sands Hits The Jackpot, China Drives Robust Recovery
Intuitive Surgical stock price
April 20, 2023 5:23 AM ET

Intuitive Surgical Carves A Bottom And Preps For Higher Prices 

Thomas Hughes

Intuitive Surgical is rocketing higher after dual tailwinds, including leveraged growth, produced better-than-expected results and brightened the outlook.

NASDAQ:ISRG
Read Intuitive Surgical Carves A Bottom And Preps For Higher Prices 
Baker Hughes stock price
April 20, 2023 5:13 AM ET

Baker Hughes Is A High-Yield Play On Electrification

Thomas Hughes

Baker Hughes is an unusual play on electrification but it serves the nat gas and LNG market and gas is fundamental to the shift to renewable electricity.

NASDAQ:BKR
Read Baker Hughes Is A High-Yield Play On Electrification
Mullen Automotive stock price
April 19, 2023 9:20 AM ET

Mullen Automotive: Is The Bloom Off The Rose? 

Thomas Hughes

Mullen Automotive was an EV company about to bloom, but the strategy of overpromising and underdelivering isn't paying off.

NASDAQ:MULN
Read Mullen Automotive: Is The Bloom Off The Rose? 
Abbott Laboratories stock price
April 19, 2023 8:25 AM ET

Diversified Abbott Laboratories Could Reverse And Move Higher 

Thomas Hughes

Abbott Laboratories reported a solid quarter driven by gains in the core business that are accelerating as COVID sales decline.

NASDAQ:ISRGNYSE:BSXNASDAQ:DXCM
Read Diversified Abbott Laboratories Could Reverse And Move Higher