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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 66

Foot Locker Stock
March 20, 2023 8:04 AM ET

Foot Locker: Slow And Steady Wins The Race

Thomas Hughes

Footlocker moves up on solid results and plans to reset the business. Earnings will be tepid in 2023 but growth should resume in 2024.

NYSE:NKENYSE:WWWNYSE:SKX
Read Foot Locker: Slow And Steady Wins The Race
Fedex stock price
March 17, 2023 8:40 AM ET

Don’t Chase FedEx Higher, Wait For The Pullback

Thomas Hughes

FedEx surges on better-than-expected earnings but gains are capped by resistance and an analysts community that is waiting for additional catalysts to emerge.

NYSE:UPSNYSE:FDX
Read Don’t Chase FedEx Higher, Wait For The Pullback
Defensive Tech stocks
March 17, 2023 7:14 AM ET

3 Stocks For A Defensive Tech Portfolio 

Thomas Hughes

Juniper Networks, Cisco Systems and Broadcom are high-yielding blue-chip tech stocks fundamental to the industry and trading at reasonable prices.

NYSE:JNPRNASDAQ:CSCONASDAQ:AVGO
Read 3 Stocks For A Defensive Tech Portfolio 
Jabil Circuit stock price
March 17, 2023 5:00 AM ET

Jabil Inc.: Blue Chip Tech Stock Pulls Back To Buy Zone

Thomas Hughes

Deep value Jabil shares are pulling back into a buying opportunity after solid results and guidance left the market wanting more.

NYSE:JBL
Read Jabil Inc.: Blue Chip Tech Stock Pulls Back To Buy Zone
Williams Sonoma stock price
March 16, 2023 8:50 AM ET

Williams-Sonoma: Time To Buy At Rock-Bottom Prices 

Thomas Hughes

Williams-Sonoma is at rock-bottom prices following a year of analysts' downgrades and price target reductions that may end now that Q4 results are in.

NYSE:WSM
Read Williams-Sonoma: Time To Buy At Rock-Bottom Prices 
Adobe stock price
March 16, 2023 7:10 AM ET

Adobe Inc. Exceeds Expectations, Sustained Rally Unlikely 

Thomas Hughes

Adobe Inc. had a solid quarter and shares are up in premarket trading but upside is limited by analysts that view the guidance as expected.

NASDAQ:ADBE
Read Adobe Inc. Exceeds Expectations, Sustained Rally Unlikely 
stock market forecast
March 16, 2023 5:01 AM ET

This Is What To Expect From The Q2 Reporting Cycle 

Thomas Hughes

There are more signs than fractured banks that economic doom is upon us, the earnings outlook is falling and may bring the S&P 500 to new lows.

NYSE:TGTNYSE:WMTNASDAQ:FOSL
Read This Is What To Expect From The Q2 Reporting Cycle 
Apparel stocks
March 16, 2023 4:55 AM ET

Apparel Stocks: 1 To Avoid, 1 To Watch And 1 To Buy

Thomas Hughes

Apparel stocks aren't a traditional haven for investors, but there are 2 names offering value and yield and 1 may be too cheap to pass up.

NASDAQ:GIIINYSE:RLNYSE:VFC
Read Apparel Stocks: 1 To Avoid, 1 To Watch And 1 To Buy
Meta Platforms stock price
March 15, 2023 11:03 AM ET

Meta Platforms: Efficiency Gains Momentum, Stock Accelerates

Thomas Hughes

Meta Platforms is amid a reversal spawned by a pledge for efficiency and driven by analysts' upgrades and price target increases.

NASDAQ:META
Read Meta Platforms: Efficiency Gains Momentum, Stock Accelerates
SentinelOne stock price
March 15, 2023 9:25 AM ET

SentinelOne: Reversal In-Play For Cybersecurity Stocks 

Thomas Hughes

SentinelOne is an AI-powered cybersecurity company outperforming its peers and set up for a reversal that could start very soon.

NASDAQ:PANWNASDAQ:DDOGNASDAQ:CRWD
Read SentinelOne: Reversal In-Play For Cybersecurity Stocks 
Sportradar Group price
March 15, 2023 8:28 AM ET

Is Sportradar Group A Growth Stock To Bet On In 2023?

Thomas Hughes

Sportradar Group reported a robust quarter and gave equally positive guidance for growth and earnings that should put the bottom in this market.

NASDAQ:DKNGNASDAQ:SRAD
Read Is Sportradar Group A Growth Stock To Bet On In 2023?
Lennar stock price
March 15, 2023 7:46 AM ET

Lennar Raises The Roof With Q1 Results: Don’t Chase It Higher

Thomas Hughes

Lennar moved higher on solid results but details in the report point to a looming cliff for home builders that will result in revenue and earnings decline.

NYSEARCA:XHBNYSE:LEN
Read Lennar Raises The Roof With Q1 Results: Don’t Chase It Higher
high yield dividend stocks
March 15, 2023 5:12 AM ET

2 High-Yield Sleep-At-Night Stocks To Buy And Forget About

Thomas Hughes

Verizon and Medtronic are high-yield dividend growers risk-averse investors are flocking to for returns in 2023 and beyond.

NYSE:VZNYSE:MDT
Read 2 High-Yield Sleep-At-Night Stocks To Buy And Forget About
GitLab stock price
March 14, 2023 9:46 AM ET

GitLab Crashes On Guidance; Analysts Defend 

Thomas Hughes

GitLab plunges more than 30% but the analysts still think it is a buy with a target that assumes at least 50% of upside ahead.

NASDAQ:GTLB
Read GitLab Crashes On Guidance; Analysts Defend 
airline stocks forecast
March 14, 2023 8:25 AM ET

Airlines Update Guidance, Shares Head For Different Destinations

Thomas Hughes

The airlines are forecasting healthy profits for 2023 and the analysts have them moving significantly higher by the end of the year.

NASDAQ:JBLUNYSE:SAVENYSE:LUV
Read Airlines Update Guidance, Shares Head For Different Destinations
 Academy Sports and Outdoors stock price
March 14, 2023 7:08 AM ET

Is Academy Sports And Outdoors A Buy For 2023? 

Thomas Hughes

Academy Sports and Outdoors is set up to outperform and offers an attractive entry for long-term-oriented dividend growth investors.

NYSE:DKSNASDAQ:ASO
Read Is Academy Sports And Outdoors A Buy For 2023? 
DocGo stock price
March 14, 2023 7:01 AM ET

DocGo: A Growth Stock Going Higher In 2023

Thomas Hughes

DocGo is a mobile health services company with growth on the table and possibly accelerating given the momentum shown in 2022.

NYSE:DGNASDAQ:DCGO
Read DocGo: A Growth Stock Going Higher In 2023
First Republic Bank stock price
March 13, 2023 11:56 AM ET

First Republic: First Rate Risk or Time To Buy? 

Thomas Hughes

First Republic Bank falls more than 60%, but analysts are still buying the stock and see a triple-digit upside when the recovery is through.

NYSEARCA:SPYNYSE:JPMNYSE:FRC
Read First Republic: First Rate Risk or Time To Buy? 
Charles Schwab stock price
March 13, 2023 11:23 AM ET

Buy The Dip In The Charles Schwab Corporation 

Thomas Hughes

The Charles Schwab Company is upped to buy despite the fallout from SVB's demise and what it may mean for the economy this year.

NYSE:CNYSE:MSNYSE:SCHW
Read Buy The Dip In The Charles Schwab Corporation 
ZIM Integrated Shipping Services stock price
March 13, 2023 10:12 AM ET

ZIM Integrated Shipping Services: Up 15% But Don’t Chase It 

Thomas Hughes

ZIM Integrated Shipping Services issued a dividend with a 25% yield that has the stock up, but NYSE rules mean dividend-capture traders hold for a week.

NYSE:ZIM
Read ZIM Integrated Shipping Services: Up 15% But Don’t Chase It 
FedEx stock chart
March 13, 2023 8:40 AM ET

FedEx Is A Buy Going Into Earnings 

Thomas Hughes

FedEx analysts are upping their targets ahead of the Q3 report and have the stock set up to outperform the consensus target.

NYSE:UPSNYSEARCA:SPYNYSE:FDX
Read FedEx Is A Buy Going Into Earnings 
economic downturn.
March 13, 2023 7:20 AM ET

SVB: The First Crack In The Economy, Pressure Building 

Thomas Hughes

SVB collapsing is only the 1st in what will become a string of events in this crisis and the market is moving lower because of it. CPI data is due out soon

NYSE:JPMNYSE:BACNYSEARCA:XLF
Read SVB: The First Crack In The Economy, Pressure Building 
Consumer staples stocks
March 10, 2023 9:45 AM ET

Three Staples Stocks With Double-Digit Upside Ahead

Thomas Hughes

Consumer staples stocks will return to favor as inflation rages on and the FOMC hikes rates above the 5.5% mark later this year.

NYSEARCA:XLPNYSE:KONYSE:MKC
Read Three Staples Stocks With Double-Digit Upside Ahead
Oracle stock price
March 10, 2023 7:46 AM ET

Oracle Has Spoken: Shares Fall 5% 

Thomas Hughes

Oracle raises the dividend by 25% but it may not be enough to keep the market interested despite high-double-digit gains in the cloud service business.

NYSE:ORCL
Read Oracle Has Spoken: Shares Fall 5%