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Thomas Hughes, Contributing Author at MarketBeat

Thomas Hughes
About The Author

Thomas Hughes

Contributing Author

Technical and Fundamental Analysis

Experience

Thomas Hughes has been a contributing writer for MarketBeat since 2019.

Areas of Expertise

Technical analysis, the S&P 500; retail, consumer, consumer staples, dividends, high-yield, small caps, technology, economic data, oil, cryptocurrencies

Education

Associate of Arts in Culinary Technology

Past Experience

Market watcher, trader and investor for numerous websites. Founded Passive Market Intelligence LLC to provide market research insights. 

Learn About MarketBeat's Editorial Guidelines and Standards Policy

Latest Articles by Thomas Hughes

August 22, 2024, Paraguay. In this photo illustration, the Snowflake logo is displayed on a smartphone screen — Stock Editorial Photography
November 22, 2024 6:30 AM ET

Snowflake Melts Up as Analysts Shift Gears; Higher Prices To Come

Thomas Hughes

Snowflake's stock price is melting up after a solid report and a new deal with Anthropic that will help the company sustain double-digit growth in 2025.

NYSE:SNOW
Read Snowflake Melts Up as Analysts Shift Gears; Higher Prices To Come
Santa Claus Rally sleigh stock market
November 22, 2024 5:30 AM ET

Santa Claus Rally: 4 Reasons Stocks Could End the Year Strong

Thomas Hughes

The S&P 500 can continue to rally through year's end due to earnings growth, cash flow and the growing capital returns from blue chip companies.

NYSE:WMTNYSE:TJXNYSE:WSM
Read Santa Claus Rally: 4 Reasons Stocks Could End the Year Strong
Dhaka, Bangladesh- 07 Aug 2024: Palo Alto Networks logo is displayed on smartphone. Palo Alto Networks is a cybersecurity leader offering firewall and cloud-based security solutions. — Stock Editorial Photography
November 21, 2024 8:31 AM ET

Why Palo Alto Networks' Multi-Year Uptrend Is Far From Over

Thomas Hughes

Palo Alto Networks can sustain its multi-year uptrend because it is the leading cyber security provider, supported by numerous business tailwinds.

NASDAQ:PANW
Read Why Palo Alto Networks' Multi-Year Uptrend Is Far From Over
The TJX Companies logo store retail
November 21, 2024 7:00 AM ET

TJX Companies Stock Poised to Hit a New High This Year

Thomas Hughes

The TJX Companies is trending higher and likely to continue rising due to its quality operations, robust cash flow, and capital returns.

NYSE:TJX
Read TJX Companies Stock Poised to Hit a New High This Year
November 21, 2024 6:33 AM ET

NVIDIA Growth Slows: So What? The Uptrend Will Continue

Thomas Hughes

NVIDIA's Q3 results are impressive as ever, with data center revenue growing by triple digits and the demand outlook for Blackwell improving.

NASDAQ:NVDA
Read NVIDIA Growth Slows: So What? The Uptrend Will Continue
Medtronic medical technology
November 21, 2024 6:30 AM ET

Medtronic: A Dividend Aristocrat Powering Up for 2025 and Beyond

Thomas Hughes

Medtronic's stock price is in a classic head-and-shoulders reversal that could take it back to record highs within the next two years.

NYSE:MDT
Read Medtronic: A Dividend Aristocrat Powering Up for 2025 and Beyond
Flowood, MS - 2021: Lowe's is a retail chain of home improvement supply stores - Stock Editorial Photography
November 21, 2024 5:45 AM ET

Lowe’s Stock Dip: Don’t Miss This Second-Chance Entry Point

Thomas Hughes

Lowe's has headwinds in 2024 but they should revert to tailwinds in 2025 as lower interest rates and easing regulations impact the economy.

NYSE:HDNYSE:WMTNYSE:LOW
Read Lowe’s Stock Dip: Don’t Miss This Second-Chance Entry Point
Las Vegas - Circa June 2019: Walmart Retail Location. Walmart is boosting its internet and ecommerce presence to keep up with competitors V - Stock Editorial Photography
November 21, 2024 5:30 AM ET

Tailwinds Drive Walmart Higher, Uptrend Shows No Signs of Slowing

Thomas Hughes

Walmart had a strong quarter, outpacing the analyst's consensus and raising guidance, pointing to a merry and bright holiday shopping season.

NYSE:WMT
Read Tailwinds Drive Walmart Higher, Uptrend Shows No Signs of Slowing
Lafayette - Circa July 2019: Target Retail Store Baskets. Target Sells Home Goods, Clothing and Electronics V — Stock Editorial Photography
November 20, 2024 8:36 AM ET

Target Results Are Not a Retail Bellwether: Why the Dip Is a Buy

Thomas Hughes

Target had a weak quarter and reduced its guidance, sending shares to seek stronger support levels. The time to buy it is now, with shares down more than 20%.

NYSE:WMTNYSE:WSMNYSE:TJX
Read Target Results Are Not a Retail Bellwether: Why the Dip Is a Buy
Williams Sonoma logo on smartphone
November 20, 2024 7:22 AM ET

Williams-Sonoma Stock: Buy It and Never Let It Go

Thomas Hughes

Earnings from retailer Williams-Sonoma are beyond compare and drive a healthy capital return while sustaining robust share buybacks.

NYSE:WSM
Read Williams-Sonoma Stock: Buy It and Never Let It Go
Amazon stock forecast
November 20, 2024 5:00 AM ET

Don't Miss a Second Chance to Buy These 2024 Winners for 2025

Thomas Hughes

Meta Platforms and Amazon stock prices are pulling back from highs, opening buying opportunities that can pay off by double-digits in 2025.

NASDAQ:AMZNNASDAQ:META
Read Don't Miss a Second Chance to Buy These 2024 Winners for 2025
Palo Alto Networks sign and logo at Silicon Valley headquarters campus under blue sky - Santa Clara, CA, USA - 2020
November 19, 2024 7:59 AM ET

3 Hot Stock Trends to Ride Into 2025 

Thomas Hughes

Analysts are lifting their price targets for these companies and leading their markets to new highs. Growth is expected to be sustained in 2023.

NYSE:CRMNASDAQ:BKNGNASDAQ:PANW
Read 3 Hot Stock Trends to Ride Into 2025 
Photo of a Netflix logo on a TV screen, a container of spilled popcorn across the table in front of it.
November 19, 2024 5:00 AM ET

Insiders Selling Into 3 Rallies: Investors Should Do the Opposite

Thomas Hughes

Insiders are selling into these three rallies, but investors shouldn't. The stocks rally for a reason, and insiders simply take advantage of high prices.

NASDAQ:NFLXNASDAQ:FASTNASDAQ:ISRG
Read Insiders Selling Into 3 Rallies: Investors Should Do the Opposite
applied materials sign
November 18, 2024 7:32 AM ET

Applied Materials Market Capitulates: Now is the Time to Buy

Thomas Hughes

Applied Materials is well-positioned to sustain profitable growth, cash flow, and capital returns in 2025. The market capitulation is the time to buy.

NASDAQ:AMAT
Read Applied Materials Market Capitulates: Now is the Time to Buy
cybersecutiy stocks
November 18, 2024 5:13 AM ET

2 Cybersecurity Stocks to Buy and Hold for 2025

Thomas Hughes

The accelerating pace of cyberattacks make cybersecurity a pressing need for businesses; these two stocks are well-positioned to capture demand and grow in 2025

NASDAQ:FTNTNASDAQ:DDOG
Read 2 Cybersecurity Stocks to Buy and Hold for 2025
Cisco Systems Long-Term AI Play Turns a Corner: New Highs Likely
November 15, 2024 5:28 AM ET

Cisco Systems Long-Term AI Play Turns a Corner: New Highs Likely

Thomas Hughes

Cisco Systems is well-positioned for a global networking upcycle driven by AI needs as applications come to the fore. Analysts are raising their estimates.

NASDAQ:CSCO
Read Cisco Systems Long-Term AI Play Turns a Corner: New Highs Likely
Mouse Rising: The Iger Investment Pays Off for Disney Investors
November 14, 2024 8:44 AM ET

Mouse Rising: The Iger Investment Pays Off for Disney Investors

Thomas Hughes

Disney had a great quarter and is tracking to extend the trend for the next 3 years, forecasting a double-digit earnings growth CAGR.

NYSE:DIS
Read Mouse Rising: The Iger Investment Pays Off for Disney Investors
Occidental Petroleum Hits New Low: Will Buffett Take the Bait?
November 14, 2024 8:16 AM ET

Occidental Petroleum Hits New Low: Will Buffett Take the Bait?

Thomas Hughes

Occidental Petroleum's share price hits a new low and maybe the bait this market needs to get re-engaged. Cash flow is robust, and debt is falling.

OTCMKTS:BRK-ANYSE:BRK.ANYSE:OXY
Read Occidental Petroleum Hits New Low: Will Buffett Take the Bait?
Tula, Russia - AUGUST 19, 2019: Shopify web page displayed on a — Stock Editorial Photography
November 14, 2024 6:00 AM ET

Shopify Stock Rally Continues: Why the Growth Story Isn’t Over

Thomas Hughes

Shopify's eCommerce platform gains traction with businesses of all sizes flocking to its services, including cross-border transactions.

NYSE:SHOP
Read Shopify Stock Rally Continues: Why the Growth Story Isn’t Over
Lumber yard stacks of lumber
November 14, 2024 5:45 AM ET

Mercer Near Rock Bottom: Is This High-Yield Play Set to Soar?

Thomas Hughes

Mercer International is a high-yielding small-cap trading at rock-bottom prices and on track to rise nearly 180% over the next two years.

NASDAQ:MERC
Read Mercer Near Rock Bottom: Is This High-Yield Play Set to Soar?
INSIDER TRADING words in a notebook on a wooden desk.
November 14, 2024 5:32 AM ET

Insiders Bet Big on These Small Cap Stocks

Thomas Hughes

Insiders are buying stocks like CalciMedica and BKV Corporation because they have value and catalysts in 2025 to drive higher share prices.

NYSE:BKVNASDAQ:CALC
Read Insiders Bet Big on These Small Cap Stocks
SoundHound AI
November 13, 2024 7:10 AM ET

SoundHound AI Will Advance By Triple Digits in 2025: Here’s Why

Thomas Hughes

SoundHound AI is perfectly positioned to capture the growing demand for AI services, connecting brands with people and growing at a hyper pace.

NYSE:CMGNASDAQ:CASYOTCMKTS:HYMTF
Read SoundHound AI Will Advance By Triple Digits in 2025: Here’s Why
Cloudflare Is a Solid Buy for 2025
November 13, 2024 5:32 AM ET

Cloudflare Is a Solid Buy for 2025

Thomas Hughes

Cloudflare sustains traction in 2024 and raises guidance, reaffirming the outlook for earnings to growth by 400% over the next four years.

NYSE:NET
Read Cloudflare Is a Solid Buy for 2025
Broomfield, Colorado, USA-September 1, 2024-A well-organized view inside a home improvement store, featuring aisles dedicated to plumbing, hardware, and tools. Bright orange signage hangs from the — Stock Editorial Photography
November 12, 2024 7:48 AM ET

Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025

Thomas Hughes

Home Depot stock is rising after its Q3 results. New highs are likely to come soon and with them an outlook for another 12% gain this year; 25% more next year.

NYSE:HD
Read Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025