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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 12

Lucid Air electric luxury sedan car at the Geneva International Motor Show. Switzerland - Feb 26, 2024. — Stock Editorial Photography
October 17, 2024 8:57 AM ET

Is Lucid Group Nearing the Bottom? What Investors Should Know

Thomas Hughes

Lucid Group is on track to drive its stock price to new lows after announcing another share sale with a double-digit dilutive impact.

NASDAQ:LCID
Read Is Lucid Group Nearing the Bottom? What Investors Should Know
Nuclear power plant on the sky background — Photo
October 17, 2024 7:32 AM ET

NuScale Rockets Higher on Amazon Deal: How High Can It Go?

Thomas Hughes

NuScale Power Company is perfectly positioned to benefit from a nuclear boom as demand for the technology reaches a critical mass.

NASDAQ:AMZNNASDAQ:MSFTNASDAQ:GOOGL
Read NuScale Rockets Higher on Amazon Deal: How High Can It Go?
KONSKIE, POLAND - January 05, 2019: UnitedHealth Group logo displayed on smartphone - Stock Editorial Photography
October 17, 2024 6:00 AM ET

UnitedHealth Group Pulls Back Into a Healthy Buying Opportunity

Thomas Hughes

UnitedHealth Group fell into a buying opportunity following the Q3 release, and the market reaction was vigorous, confirming support at a critical level.

NYSE:UNH
Read UnitedHealth Group Pulls Back Into a Healthy Buying Opportunity
Indianapolis - Circa March 2023: Volvo Semi Tractor Trailer Big Rig Truck display at a dealership. Volvo Trucks is one of the largest truck manufacturers.
October 17, 2024 5:30 AM ET

J.B. Hunt Stock on the Move: Analysts Forecast Big Gains Ahead

Thomas Hughes

Dividend payer J.B. Hunt's Q3 was better than feared, leading analysts to reverse course and lift their price targets, leading the market to the high-end range.

NASDAQ:JBHT
Read J.B. Hunt Stock on the Move: Analysts Forecast Big Gains Ahead
Champaign - Circa June 2023: Abbott Laboratories research facility. Abbott Labs is a healthcare company that makes medical and nutrition products.
October 16, 2024 7:33 AM ET

Abbott’s Growth and Dividends Make It a Smart Portfolio Pick

Thomas Hughes

Abbott Laboratories is the #1 healthcare stock to own for consistent, market-beating returns over the long term. Q3 results align with the trend.

NYSEARCA:SPYNYSE:ABT
Read Abbott’s Growth and Dividends Make It a Smart Portfolio Pick
January 15th 2024. The logo of Charles Schwab Corporation on the screen of an exchange. Charles Schwab Corporation price stocks, $SCHW on a device. — Stock Editorial Photography
October 16, 2024 6:45 AM ET

Charles Schwab: Steady Performance, But Is There More to Come?

Thomas Hughes

Charles Schwab had a solid quarter, but analysts who view it as fairly valued limit its share price upside. The dividend is safe, but others are better.

NYSE:JPMNYSE:SCHW
Read Charles Schwab: Steady Performance, But Is There More to Come?
Tesla logo on car
October 16, 2024 5:59 AM ET

Tesla Stock Likely Heading Lower After RoboTaxi Flop

Thomas Hughes

Tesla's robotaxi event was a flop, raising more questions than it answered, leaving analysts feeling tepid about the near-term prospects.

NYSE:UBERNASDAQ:TSLA
Read Tesla Stock Likely Heading Lower After RoboTaxi Flop
West Bangal, India - October 09, 2021 : Johnson and Johnson logo on phone screen stock image. — Stock Editorial Photography
October 16, 2024 5:45 AM ET

Johnson & Johnson Stock: Setting the Stage for 2025 Highs

Thomas Hughes

Healthcare giant and Dividend Aristocrat Johnson & Johnson is on track to hit new highs in 2025 and may sustain its rally well into 2026.

NYSE:KVUE
Read Johnson & Johnson Stock: Setting the Stage for 2025 Highs
Dhaka,Bangladesh-01 January 2024:Advanced Micro Devices (AMD) logo on phone screen . — Stock Editorial Photography
October 15, 2024 9:49 AM ET

AMD Gains Momentum With AI: Can It Beat Expectations?

Thomas Hughes

Advanced Micro Devices is positioned to regain share from NVIDIA in the data center market and outperform consensus estimates.

NASDAQ:NVDANASDAQ:METANYSE:HPE
Read AMD Gains Momentum With AI: Can It Beat Expectations?
Bull Stock Market - Good stock buy prices up from Global economic and financial grow - stock image
October 15, 2024 6:45 AM ET

The S&P 500 Defies Odds, Extends Rally With 6,000 in Sight

Thomas Hughes

The S&P 500 rally is driven by earnings growth, dividends, and share repurchases, which are not expected to end in 2025 but accelerate.

NASDAQ:NVDANASDAQ:MSFTNASDAQ:GOOG
Read The S&P 500 Defies Odds, Extends Rally With 6,000 in Sight
HUDSON, WI, USA - AUGUST 11, 2022: Whirlpool retail store appliance display and trademark logo. - Stock Editorial Photography
October 14, 2024 10:11 AM ET

Whirlpool’s High Dividend Yield Is Too Good to Pass Up

Thomas Hughes

Whirlpool's dividend is the most attractive in years, with limited downside risk for the stock price and a yield above 6.5%.

NYSE:WHR
Read Whirlpool’s High Dividend Yield Is Too Good to Pass Up
Construction of new and modern modular house. Walls made from composite wooden sip panels with styrofoam insulation inside. Building new frame of energy efficient home concept.
October 14, 2024 8:34 AM ET

Champion Homes: The Focus on Affordability Makes It a Winner

Thomas Hughes

Champion Homes is in a position to continue accelerating its business in F2025, putting the stock on track for another $30 to 50% price increase.

NYSE:SKY
Read Champion Homes: The Focus on Affordability Makes It a Winner
JPMorgan bank — Stock Editorial Photography
October 14, 2024 5:15 AM ET

JPMorgan Can Hit New Highs This Year: Here’s Why

Thomas Hughes

JPMorgan Chase Q3 results were better than expected and point to the continuation of long-term trends and high-probability that a new all-time will be set soon.

NYSE:JPM
Read JPMorgan Can Hit New Highs This Year: Here’s Why
Celina - Circa April 2019: Fastenal industrial products and services distributor. Fastenal has retail stores in every US state IV - Stock Editorial Photography
October 13, 2024 5:15 AM ET

Why Fastenal Stock Could Hit New Highs After Strong Q3 Results

Thomas Hughes

Dividend Aristocrat Fastenal is on track to reclaim its all-time high and potentially set a new one this year as the diversified business model sustains growth.

NASDAQ:FAST
Read Why Fastenal Stock Could Hit New Highs After Strong Q3 Results
KONSKIE, POLAND - AUGUST 18, 2018: AbbVie logo displayed on a modern smartphone - Stock Editorial Photography
October 11, 2024 5:45 AM ET

AbbVie Stock Eyes New Highs: Analysts See Strong Growth Potential

Thomas Hughes

AbbVie is tracking for a new high that may be reached before the end of the year. Acquisitions fuel the growth outlook, cash flow and capital returns.

NYSE:ABBV
Read AbbVie Stock Eyes New Highs: Analysts See Strong Growth Potential
Powder coating of metal parts. A woman in a protective suit sprays powder paint from a gun on metal products - stock image
October 11, 2024 5:30 AM ET

AZZ Stock Gains Momentum: Analysts Forecast 25% Upside From Here

Thomas Hughes

Small-cap industrial services company AZZ Inc. is on track to extend its trend and rise by another double-digit amount this year.

NYSE:AZZ
Read AZZ Stock Gains Momentum: Analysts Forecast 25% Upside From Here
West Bangal, India - August 21, 2021 : Dominos pizza on box stock image. — Stock Editorial Photography
October 10, 2024 9:21 AM ET

Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors

Thomas Hughes

Domino's Pizza delivered a mixed result for Q3 and trimmed its revenue guidance. The critical tail is that margin strength is present, providing ample cash.

NYSE:DPZ
Read Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
August 2, 2024, Paraguay. In this photo illustration, the GitLab logo is displayed on a smartphone screen — Stock Editorial Photography
October 10, 2024 8:08 AM ET

Top 2 Analyst Picks: Stocks Poised for Double-Digit Growth

Thomas Hughes

Chewy, Inc. and Gitlab have growing support from analysts and upward revision trends to support their price action in 2025.

NASDAQ:GTLBNYSE:CHWY
Read Top 2 Analyst Picks: Stocks Poised for Double-Digit Growth
Fall background momentum stock chart
October 9, 2024 9:20 AM ET

3 Momentum Trades for October With Ample Upside Ahead

Thomas Hughes

Momentum traders should consider these stocks, which have analysts' support and ample upside potential. The CQ3 earnings report will provide catalysts.

NASDAQ:AMZNNASDAQ:METANYSE:ORCL
Read 3 Momentum Trades for October With Ample Upside Ahead
Rebound Stock Market Rally Prices Up Ticker 3d Illustration — Photo
October 9, 2024 8:05 AM ET

Insiders Hold Tight as Helen of Troy Prepares for a Major Rebound

Thomas Hughes

Helen of Troy is on track to complete a reversal soon, with institutions buying, short-covering in play, and fiscal Q2 results that are better than expected.

NASDAQ:HELE
Read Insiders Hold Tight as Helen of Troy Prepares for a Major Rebound
March 29, 2024, Brazil. In this photo illustration, the NVIDIA CUDA logo is displayed on a smartphone screen
October 8, 2024 9:39 AM ET

NVIDIA's AI Dominance: Why Analysts Predict Major Upside Ahead

Thomas Hughes

Retail investors like NVIDIA for numerous reasons, including hyper-growth, outperformance, analysts' sentiment, and skyrocketing cash flow.

NASDAQ:SMCINASDAQ:NVDA
Read NVIDIA's AI Dominance: Why Analysts Predict Major Upside Ahead
KUALA LUMPUR, MALAYSIA, April 16, 2016: Pepsi is bottled and distributed by Permanis Sandilands Sdn Bhd in Malaysia. It is the second largest cola softdrink in the Malaysia market. — Stock Editorial Photography
October 8, 2024 7:55 AM ET

This Is the Entry Into PepsiCo You’ve Been Waiting For

Thomas Hughes

Dividend King PepsiCo trades at the low end of its historical valuation range while paying a significantly high 3.25% yield. An uptrend is expected in 2025.

NASDAQ:PEP
Read This Is the Entry Into PepsiCo You’ve Been Waiting For
TRINIDAD, CO, USA - MAY 19, 2024: Exxon gasoline station exterior sign and trademark logo. — Stock Editorial Photography
October 8, 2024 5:30 AM ET

Exxon Mobil Stock on the Move: Why a 30% Surge Is Just the Start

Thomas Hughes

Exxon Mobil has returned to growth and is likely to outperform in Q3 and Q4. The share price has broken out of a range and could gain 30% soon.

NYSE:XOM
Read Exxon Mobil Stock on the Move: Why a 30% Surge Is Just the Start
American flag and oil drilling rigs
October 7, 2024 8:13 AM ET

Congress Bets on National Fuel Gas—Should You Follow?

Thomas Hughes

National Fuel Gas is well-positioned for a surge in natural gas as a diversified operator serving New York and Pennsylvania.

BATS:KRUZBATS:NANCNYSE:NFG
Read Congress Bets on National Fuel Gas—Should You Follow?