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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 16

Close-up of Penny Coin Isolated on White
May 7, 2024 7:42 AM ET

3 Penny Stocks That Insiders Are Buying

Thomas Hughes

Penny stocks are a risky business but following the insiders to your next trade can alleviate some of the risks; these are the three hottest insider buys.

NASDAQ:CLSDNASDAQ:OCXNYSE:LUMN
Read 3 Penny Stocks That Insiders Are Buying
Disney stock price
May 7, 2024 7:13 AM ET

Buy The Dip in Disney After Magical Profit Beat

Thomas Hughes

Disney's capital return program is gaining strength and on track for increases this year and next. The dividend should grow by 50% this summer.

NYSE:DIS
Read Buy The Dip in Disney After Magical Profit Beat
CEO led stock turnaround
May 6, 2024 6:55 AM ET

3 CEO-Led Turnaround Stocks You Can Still Buy 

Thomas Hughes

The CEO is the most important person in a company; this is a look at three hot CEO-led turnarounds with ample upside left for investors.

NASDAQ:TSCONASDAQ:JACKNYSE:CMG
Read 3 CEO-Led Turnaround Stocks You Can Still Buy 
DraftKings stock price
May 3, 2024 7:41 AM ET

DraftKings Royally Good Results Lift Market: Uptrend Continues

Thomas Hughes

DraftKings had a solid quarter winning new customers and holding more capital, outperforming on the top and bottom lines.

NASDAQ:DKNG
Read DraftKings Royally Good Results Lift Market: Uptrend Continues
Starbucks, coffee company and coffeehouse chain,
May 2, 2024 5:40 AM ET

Starbucks: Indicators Turns Bearish, New Lows in Sight

Thomas Hughes

Starbucks leads the consumer discretionary sector lower after a miserable report and reduced guidance; the market wonders which business will be next.

NASDAQ:KHCNYSE:MCDNASDAQ:SBUX
Read Starbucks: Indicators Turns Bearish, New Lows in Sight
Kraft Heinz
May 2, 2024 5:26 AM ET

Kraft Heinz: Serving Up A Tasty Dip for Investors to Snack On

Thomas Hughes

Kraft Heinz stock's high-yield, deep-value opportunity falls back to lower price points while results and guidance align with forecasts.

NASDAQ:KHC
Read Kraft Heinz: Serving Up A Tasty Dip for Investors to Snack On
AMD stock price outlook
May 1, 2024 8:59 AM ET

AMD is Down 35%. Now is the Time to Buy the Dip

Thomas Hughes

Advanced Micro Devices had a solid quarter, but meeting analysts' expectations was insufficient to catalyze a rally. Higher prices are indicated by analysts.

NASDAQ:NVDANASDAQ:AMD
Read AMD is Down 35%. Now is the Time to Buy the Dip
amazon stock price
May 1, 2024 7:12 AM ET

Amazon Stands Tall: New Highs Are in Sight

Thomas Hughes

Amazon had a solid quarter with growth in all segments contributing, and guidance improved. Analysts are lifting targets and will lead this stock to new highs.

NASDAQ:AMZN
Read Amazon Stands Tall: New Highs Are in Sight
The logo of  American Dutch semiconductor manufacturer NXP Semiconductors is seen on the top of the Campus 6 office complex,
April 30, 2024 9:26 AM ET

NXP Semiconductors Will Set a New High Soon: $300 in Sight

Thomas Hughes

NXP Semiconductors is well-positioned in the industrial and commercial markets. Analysts forecast a pivot back to growth later this year.

NASDAQ:TXNNASDAQ:ADINASDAQ:NXPI
Read NXP Semiconductors Will Set a New High Soon: $300 in Sight
 McDonald's Corporation is the world's largest fast food restaurant
April 30, 2024 7:45 AM ET

McDonald’s Trend Following Signal is an Opportunity Today

Thomas Hughes

McDonald's had a decent quarter despite missing analysts estimates. The cash flow and capital returns are safe for this deep-value income play.

NYSE:MCD
Read McDonald’s Trend Following Signal is an Opportunity Today
Coca Cola stock sign
April 30, 2024 7:15 AM ET

Did the Rally in Coca-Cola Company Stock Just Fizzle Out?

Thomas Hughes

Coca-Cola Company's 3% yield is safe, and the distribution will grow for another year in 2024. Pricing power supports the rally in KO stocks.

NYSE:KO
Read Did the Rally in Coca-Cola Company Stock Just Fizzle Out?
3 Trend-Following Entries for Income Investors
April 30, 2024 5:33 AM ET

3 Trend-Following Entries for Income Investors

Thomas Hughes

Energy is a hot market, and oilfield services are among the best long-term plays for value-conscious income investors with a buy-and-hold approach.

NASDAQ:BKRNYSE:HALNYSE:SLB
Read 3 Trend-Following Entries for Income Investors
Insider Trades
April 29, 2024 11:12 AM ET

The 3 Hottest Insiders Buys This Month

Thomas Hughes

Insiders are buying these stocks in April; all have a positive growth outlook and established markets to sustain operations long into the future.

NASDAQ:FWONKNASDAQ:FWONANYSE:ULS
Read The 3 Hottest Insiders Buys This Month
onset stock price
April 29, 2024 8:18 AM ET

onsemi: The Rebound is ON for This Chip Stock

Thomas Hughes

onsemi had a tepid quarter and is guiding for weakness in Q2, but results are better than expected, and growth is expected to resume at the end of the year.

NASDAQ:ON
Read onsemi: The Rebound is ON for This Chip Stock
Chipotlet Mexican Grill
April 29, 2024 7:00 AM ET

The Meteoric Rise of Chipotle Mexican Grill Stock is Not Over

Thomas Hughes

Chipotle Mexican Grill had a solid quarter in Q1 and guided continued strength this year, leading the analysts to raise their targets.

NYSE:CMG
Read The Meteoric Rise of Chipotle Mexican Grill Stock is Not Over
Microsoft Midwest District Headquarters
April 26, 2024 6:40 AM ET

Microsoft Fires a Trend Following Signal: Targets Move Higher

Thomas Hughes

Microsoft is cementing its position as a leader in AI infrastructure and services across the stack. Analysts raise price targets.

NYSE:SAPNYSE:KONASDAQ:AMD
Read Microsoft Fires a Trend Following Signal: Targets Move Higher
Photo of a piece of Caterpillar machinery working in a field. Caterpillar's Market Reset Continues: Expect Further Price Drops.
April 25, 2024 8:36 AM ET

Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices

Thomas Hughes

Caterpillar is a solid dividend-paying stock whose price is heading to lower levels. The uptrend is intact; get ready to buy in when the signal comes.

NYSE:CAT
Read Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
Menlo Park, USA, May 5, 2023: Meta corporation headquarters glass building concept. Metaverse facebook virtual reality network company symbol on front facade 3d illustration.
April 25, 2024 6:45 AM ET

A Mega Market Reset for Meta Platforms Stock

Thomas Hughes

Meta Platforms has had a robust quarter and is guiding for another year of double-digit gains. The market hoped for more, and the stock price has been reset.

NASDAQ:META
Read A Mega Market Reset for Meta Platforms Stock
Upclose photo of steel screw bolts connecting massive industrial steel construction. Is Simpson Manufacturing a Future Dividend King?
April 25, 2024 5:10 AM ET

Simpson Manufacturing: Buy This Future Dividend King While Down

Thomas Hughes

Simpson Manufacturing is a company stock on track to be crowned Dividend King one day, making it an attractive opportunity for investors today.

NYSE:SSD
Read Simpson Manufacturing: Buy This Future Dividend King While Down
Photo of a Texas Instruments chip; the company's stock could hit new highs soon.
April 24, 2024 9:27 AM ET

High-Yield Texas Instruments Could Hit New Highs Soon

Thomas Hughes

Texas Instruments struggled in Q1, but details indicate a trough in the cycle and a return to growth ahead. Analysts are raising their price targets.

NASDAQ:AMDNASDAQ:NVDANASDAQ:TXN
Read High-Yield Texas Instruments Could Hit New Highs Soon
Photo of a woman touching hologram AI related technology. Pagaya Tech is an AI fintech company that insiders are buying.
April 24, 2024 9:12 AM ET

Pagaya Technologies: An AI Fintech That Insiders Are Buying

Thomas Hughes

Pagaya Technologies is an AI-powered fintech that insiders are buying. Purchases align with a bottom in the market and may lead to a price rebound.

NASDAQ:PGY
Read Pagaya Technologies: An AI Fintech That Insiders Are Buying
The Bottom is in For Tesla: Read This Before Buying the Bounce
April 24, 2024 6:45 AM ET

The Bottom is in For Tesla: Read This Before Buying the Bounce

Thomas Hughes

Tesla had a tough quarter with deliveries and revenue down, a peak in TTM growth, and rising costs cutting into the cash pile.

NASDAQ:TSLA
Read The Bottom is in For Tesla: Read This Before Buying the Bounce
packaging corporation of america logo on white background
April 24, 2024 4:25 AM ET

Packaging Corporation of America: Buy The Dip

Thomas Hughes

Packaging Corporation of America fell into the buy zone after tepid guidance led the market to reset expectations and align with analysts' sentiment

NYSE:PKG
Read Packaging Corporation of America: Buy The Dip
close-up photo of side of UPS delivery van
April 24, 2024 4:15 AM ET

United Parcel Service Is Setting Up for Another Fall

Thomas Hughes

United Parcel Service struggled in Q1 and isn't guiding for much better later in the year, setting the stock up for a fall that could set new lows

NYSE:UPS
Read United Parcel Service Is Setting Up for Another Fall