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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 15

GameStop stripmall location. GameStop is a Video Game and electronics retailer.
May 17, 2024 6:25 AM ET

Gamestop is Heading Back to $10 or Lower 

Thomas Hughes

Gamestop is a fool's game for investors; volatility and lower prices are the only sure thing for this market now that guidance is set.

NYSE:GME
Read Gamestop is Heading Back to $10 or Lower 
Tech stocks
May 17, 2024 5:00 AM ET

3 Small Cap Techs Gaining Traction for Investors

Thomas Hughes

These small-cap stocks are gaining traction and growing their business in a tough environment. Up double digits, they could rise another double digits soon.

NASDAQ:GOOGLNASDAQ:MSFTNASDAQ:AMZN
Read 3 Small Cap Techs Gaining Traction for Investors
Cisco Systems logo on the wall of the server room. Editorial 3D
May 16, 2024 9:20 AM ET

Cisco Systems Rebound is On: Double-Digit Upside to Come

Thomas Hughes

Cisco Systems Q3 results were better than feared, leading the company to raise guidance. Analysts are supporting the market, a rebound is at hand.

NASDAQ:CSCO
Read Cisco Systems Rebound is On: Double-Digit Upside to Come
walmart stock price
May 16, 2024 7:16 AM ET

This Walmart Rally has Legs: 20% Upside Left To Go

Thomas Hughes

Walmart had a solid quarter, outperforming expectations and guiding the market higher. The market is up 5% and may rise another 20% before topping out.

NYSE:WMT
Read This Walmart Rally has Legs: 20% Upside Left To Go
penny stocks surge graphic
May 16, 2024 6:35 AM ET

These 5 Penny Stocks Just Surged Double Digits

Thomas Hughes

Penny stocks are back in focus after meteoric surges in AMC and GME. The question is, which of these five meme stocks has what it takes to keep rising?

NYSE:PLTRNYSE:GMNYSE:CHWY
Read These 5 Penny Stocks Just Surged Double Digits
Photo of a McDonalds quarter pounder with cheese in Spanish. rcos Dorados is McDonald's largest independent franchisee and the largest restaurant operator in Latin America.
May 16, 2024 5:30 AM ET

Arcos Dorados: McDonald’s, But Cheaper With Better Growth

Thomas Hughes

Arcos Dorados is McDonald's largest franchisee and is growing at double the parent's pace, dominating the restaurant industry in Latin America.

NYSE:MCDNYSE:ARCO
Read Arcos Dorados: McDonald’s, But Cheaper With Better Growth
Photo of two men installing a solar panel on a roof. Nextracker: Solar Stock Soars with New Highs on the Horizon.
May 16, 2024 5:20 AM ET

Nextracker: Solar Stock Rising With New Highs in Sight

Thomas Hughes

Nextracker had a blowout quarter driven by rising demand and a growing backlog. Results are highlighted by wider margins and surging profits.

NASDAQ:NXT
Read Nextracker: Solar Stock Rising With New Highs in Sight
stock buybacks
May 15, 2024 8:10 AM ET

3 Hot Buyback Plans Supporting Price Action in 2024

Thomas Hughes

These companies are in a solid position to reduce their share count in 2024 and drive value for their shareholders this year and for the long term.

NYSE:DRINASDAQ:ULTANASDAQ:GEN
Read 3 Hot Buyback Plans Supporting Price Action in 2024
Small Cap write on sticky notes isolated on Office Desk. Stock market concept
May 15, 2024 6:09 AM ET

4 Small-Cap Energy Stocks Insiders are Buying 

Thomas Hughes

Insiders, major shareholders, and institutions are buying these small and microcap energy plays that have derisked their portfolios and provide opportunity.

NYSE:REPXNYSE:TTENYSE:TALO
Read 4 Small-Cap Energy Stocks Insiders are Buying 
Hannon Armstrong Sustainable Infrastructure Capital for Income
May 15, 2024 5:09 AM ET

Hannon Armstrong Sustainable Infrastructure Capital for Income

Thomas Hughes

Hannon Sustainable Infrastructure invests in the future of sustainability and pays a healthy dividend worth more than 5%.

NYSE:HASI
Read Hannon Armstrong Sustainable Infrastructure Capital for Income
Jack-In-The-Box Fast Food Restaurant
May 14, 2024 11:31 AM ET

Jack in the Box Bottoms and the Rebound is on

Thomas Hughes

Jack in the Box is in rebound mode after mixed results reveal a widening margin and fuel for a leveraged recovery when growth resumes later this year.

NASDAQ:JACK
Read Jack in the Box Bottoms and the Rebound is on
On Shares Move Higher in Race to a New All-Time High
May 14, 2024 8:05 AM ET

On Shares Move Higher in Race to a New All-Time High

Thomas Hughes

On had a solid quarter, exceeding all estimates and providing cautious guidance. The analysts like this stock and may drive it to a new high this year.

NYSE:NKENYSE:ONON
Read On Shares Move Higher in Race to a New All-Time High
Home Depot Stock forecast
May 14, 2024 6:45 AM ET

Home Depot: Earnings Mixed, Wait to Buy the Dip

Thomas Hughes

Home Depot had a mixed Q1 but showed signs of a normalized business after the pandemic bubble, inflation, and normalized interest rates.

NYSE:HD
Read Home Depot: Earnings Mixed, Wait to Buy the Dip
3 Hot Stock Upgrades That Should Be on Your Radar
May 13, 2024 7:23 AM ET

3 Hot Stock Upgrades That Should Be on Your Radar

Thomas Hughes

Analysts are upgrading these stocks that have secular tailwinds to support their businesses. All pay solid dividends and repurchase shares.

NYSE:TGTNYSE:DPZNASDAQ:TXRH
Read 3 Hot Stock Upgrades That Should Be on Your Radar
Adobe logo on white background. Adobe is a multinational software corporation specializing in creative and digital solutions.
May 13, 2024 5:11 AM ET

Adobe Stock Analysis: Performance, Trends, and Investment Insight

Thomas Hughes

Adobe is well-positioned as a developer, infrastructure provider, and data source for the growing AI industry. The stock is down now but the discount won't last

NYSE:KONASDAQ:AMDNASDAQ:NVDA
Read Adobe Stock Analysis: Performance, Trends, and Investment Insight
Buy the dip sign
May 10, 2024 6:55 AM ET

JFrog Stock Gets Punished for Solid Results: Buy the Dip

Thomas Hughes

JFrog had a solid quarter and issued good guidance but fell short of whisper hopes for acceleration. Analysts trim targets but forecast 20% upside.

NASDAQ:GTLBNASDAQ:FROG
Read JFrog Stock Gets Punished for Solid Results: Buy the Dip
stock arrow up
May 10, 2024 5:08 AM ET

These 7 Stocks Surged Double-Digits and Have Double-Digits to Go

Thomas Hughes

Stocks surging on earnings reports often continue moving higher over time. This is a look at seven that surged more than 10% on Q1 results.

NASDAQ:AMZNNYSE:HASINYSE:WWW
Read These 7 Stocks Surged Double-Digits and Have Double-Digits to Go
New Highs in Sight For Symbotic and its AI Warehouse Automation
May 10, 2024 5:03 AM ET

New Highs in Sight For Symbotic and its AI Warehouse Automation

Thomas Hughes

Symbotic is growing at a hyper pace that should sustain for the next several quarters as deployments accelerate and recurring revenue grows.

NYSE:TGTNYSE:WMTNYSE:ACI
Read New Highs in Sight For Symbotic and its AI Warehouse Automation
Roblox stock forecast
May 9, 2024 7:41 AM ET

Roblox: The Bottom Just Fell Out of the Metaverse

Thomas Hughes

Roblox had another solid quarter but growth was weaker than expected and slowing, providing a catalyst for lower share prices.

NYSE:RBLX
Read Roblox: The Bottom Just Fell Out of the Metaverse
Cloudflare stock price
May 9, 2024 5:46 AM ET

No New Highs for Cloudflare in 2024

Thomas Hughes

Cloudflare is well-positioned to grow with the cloud and edge computing, but growth is priced in and slowing, creating a headwind for share prices.

NYSE:NET
Read No New Highs for Cloudflare in 2024
Photo of the Lucid Air electric vehicle. Lucid Stock Forecast: New Lows as Prices Continue to Decline.
May 8, 2024 10:03 AM ET

Lucid’s Stock Price is Still in Reverse: New Lows Are Coming

Thomas Hughes

Lucid Group increased deliveries and revenue but fell short of consensus and lost more than expected as R&D spending cut into results.

NASDAQ:TSLANASDAQ:LCID
Read Lucid’s Stock Price is Still in Reverse: New Lows Are Coming
Datadog stock
May 8, 2024 6:30 AM ET

Datadog: In the Doghouse or Pullback to the Buyzone? 

Thomas Hughes

Datadog had a solid quarter, with growth in large customers driving gains. Guidance is tepid but compared to high expectations. The stock is down; buy the dip.

NASDAQ:AMZNNASDAQ:MSFTNASDAQ:DDOG
Read Datadog: In the Doghouse or Pullback to the Buyzone? 
 Abbvie Incorporation headquarters glass building concept. Pharmaceutical biomedical company symbol logo on front facade 3d illustration.
May 7, 2024 9:45 AM ET

AbbVie Tracking for New Highs in 2024

Thomas Hughes

Future Dividend King AbbVie is tracking for new highs as the shift away from Humira-based business gains momentum with new treatments and acquisitions.

NYSE:ABBV
Read AbbVie Tracking for New Highs in 2024
Photo of cute dogs and cats sitting together. Freshpet surges 10% - will this pet stock hit new highs?
May 7, 2024 8:42 AM ET

Freshpet Surges 10%: Fresh Highs to Come for This Pet Stock

Thomas Hughes

Freshpet surged to a fresh high after solid results and guidance. More fresh highs are on the menu for this pet food stock.

NASDAQ:FRPT
Read Freshpet Surges 10%: Fresh Highs to Come for This Pet Stock