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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 67

Mircon stock price
March 24, 2023 7:30 AM ET

Micron Action Comes To A Simmer Ahead Of Q2 Results

Thomas Hughes

The Micron market is heating up ahead of what should be a decent report relative to the consensus and the sell-side is buying shares.

NASDAQ:AMDNASDAQ:NVDANASDAQ:SOXX
Read Micron Action Comes To A Simmer Ahead Of Q2 Results
Darden Restaurants stock price
March 24, 2023 5:00 AM ET

Can Darden Restaurants Hit New Highs In 2023? 

Thomas Hughes

Darden Restaurants pays a healthy 3.2% yield and is growing at an above-industry pace with favorable guidance and share repurchases.

NASDAQ:TXRHNYSE:DRI
Read Can Darden Restaurants Hit New Highs In 2023? 
KB Home stock price
March 23, 2023 9:00 AM ET

KB Home Strong Results Lift Prices

Thomas Hughes

KB Home reported a solid quarter and gave favorable guidance but how long can it last with back logs and new orders falling?

NYSE:LEN.NYSE:KBH
Read KB Home Strong Results Lift Prices
Chewy stock price
March 23, 2023 7:35 AM ET

Chewy Stock Is Setting Up For Long-Term Profitable Growth 

Thomas Hughes

Chewy, Inc had a solid quarter but issued cautious guidance that has shares moving lower. Short selling may cap gains in the near term but long-term growth

NYSE:CHWY
Read Chewy Stock Is Setting Up For Long-Term Profitable Growth 
Winnebago stock price
March 23, 2023 5:10 AM ET

Winnebago Investors Breathe A Sigh Of Relief 

Thomas Hughes

Winnebago's Q2 results point to normalization within the RV market and a return to real growth that could begin by Q1 2024.

NYSE:WGO
Read Winnebago Investors Breathe A Sigh Of Relief 
Ollie's Bargain Outlet stock price
March 23, 2023 5:00 AM ET

Ollie’s Bargain Outlet Is In The Sweet Spot 

Thomas Hughes

Ollie's Bargain Outlet had a great quarter and gave solid guidance, but shares may have a hard time moving higher because of short selling.

NASDAQ:OLLI
Read Ollie’s Bargain Outlet Is In The Sweet Spot 
Shoe Carnival stock price
March 23, 2023 4:50 AM ET

Shoe Carnival Is A Comfortable Fit For Income Investors 

Thomas Hughes

Shoe Carnival moves higher on mixed results because margins are growing after a push toward CRM and the earnings reflect it.

NASDAQ:SCVL
Read Shoe Carnival Is A Comfortable Fit For Income Investors 
GameStop stock price
March 22, 2023 8:38 AM ET

GameStop Shares Surge On Surprise Profit

Thomas Hughes

GameStop shares surge, but bears are already capping gains in this stock and confirming the downtrend so don't chase it higher.

NYSE:GME
Read GameStop Shares Surge On Surprise Profit
nike stock price
March 22, 2023 7:50 AM ET

Nike, Inc’s Q3 Surprise Isn’t All That Surprising: Is It A Buy?

Thomas Hughes

Nike's CQ1 strength was expected by the market and priced into the stock, the pullback in prices is an opportunity to buy but investors should wait for support

NASDAQ:HIBBNYSE:DKSNASDAQ:ASO
Read Nike, Inc’s Q3 Surprise Isn’t All That Surprising: Is It A Buy?
Kroger Alberstspns merger
March 22, 2023 4:59 AM ET

Albertsons Companies And Kroger: Opportunity Amid Uncertainty

Thomas Hughes

Kroger and Albertsons offer value and yield for investors without the merger; if the merger goes through Albertsons' investors will score a quick 40% upside.

NYSE:ACINYSE:KR
Read Albertsons Companies And Kroger: Opportunity Amid Uncertainty
Tesla stock price
March 21, 2023 8:30 AM ET

Game-Changing News For Tesla Investors 

Thomas Hughes

Tesla debt gets upgraded again and is now officially blue chip quality for risk-averse debt investors. This is game-changing news.

OTCMKTS:BMWYYNYSE:TMOTCMKTS:MBGAF
Read Game-Changing News For Tesla Investors 
Harley-Davidson stock price
March 21, 2023 7:35 AM ET

The Tide Is Turning For Harley-Davidson

Thomas Hughes

The institutions and analysts are interested in HOG shares again and may help it form a bottom that it can rally from later in the year.

NYSE:MSNYSE:HOG
Read The Tide Is Turning For Harley-Davidson
These Are The Top 3 Large Caps For Yield And Dividend Growth 
March 21, 2023 5:00 AM ET

These Are The Top 3 Large Caps For Yield And Dividend Growth 

Thomas Hughes

You can use Marketbeat's Dividend Screener to find top dividend growth stocks with yields above 3% and value for investors.

NASDAQ:CMCSANASDAQ:AMGNNYSE:BMY
Read These Are The Top 3 Large Caps For Yield And Dividend Growth 
 Advanced Micro Devices stock price
March 21, 2023 4:45 AM ET

Will Advanced Micro Devices Follow NVIDIA Higher? 

Thomas Hughes

NVIDIA and Advanced Micro Devices are moving up with analyst support, and they could retest all-time highs by year-end or sooner.

NASDAQ:NVDANASDAQ:AMDNYSEARCA:SOXX
Read Will Advanced Micro Devices Follow NVIDIA Higher? 
First Republic Bank stock price
March 20, 2023 12:03 PM ET

First Republic Bank Hits New Low, Dimon Pushes for More Cash

Thomas Hughes

First Republic Bank comes back into the crosshairs as S&P cuts the rating for a 2nd time and Jamie Dimon looks for another way to help the institution.

NYSE:UBSNASDAQ:FITBNYSE:FRC
Read First Republic Bank Hits New Low, Dimon Pushes for More Cash
Mullen Automotive stock price
March 20, 2023 11:16 AM ET

Mullen Automotive: Investment? No. Compelling Speculation, Yes 

Thomas Hughes

EV speculation Mullen Automotive inks deal for the DragonFLY and is on track to produce another vehicle given the opportunity.

NASDAQ:MULN
Read Mullen Automotive: Investment? No. Compelling Speculation, Yes 
General Mills stock price
March 20, 2023 9:10 AM ET

General Mills Retreats To Buy Zone Ahead Of Earnings 

Thomas Hughes

General Mills has a high bar to cross for Q3 results but may surprise the market due to underlying momentum and pricing power.

NYSE:GISNYSEARCA:XLPNYSE:GIS
Read General Mills Retreats To Buy Zone Ahead Of Earnings 
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