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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 17

Caterpillar stock price forecast
August 6, 2024 7:43 AM ET

Caterpillar: The Rebound Is On, New Highs In Sight

Thomas Hughes

Caterpillar is on track to reduce its share count by another double-digit amount due to robust cash flow and an expectation it will return to growth soon.

NYSE:CAT
Read Caterpillar: The Rebound Is On, New Highs In Sight
The dog steals pieces from the table. Natural Pet Nutrition — Photo
August 6, 2024 5:30 AM ET

Freshpet's Impressive Q2 Sparks Optimism Despite Market Fears

Thomas Hughes

Freshpet is on track to make profits soon, impacting the stock price action, which rebounds despite the broad market sell-off in stocks.

NASDAQ:FRPT
Read Freshpet's Impressive Q2 Sparks Optimism Despite Market Fears
Poznan, Poland, May 12, 2024: ExxonMobile oil fuel and gas barrels in row concept. Exxon Mobile company and petrol industrial containers 3d illustration.
August 6, 2024 5:24 AM ET

Analysts Are Leading ExxonMobil Stock to a New All-Time High

Thomas Hughes

ExxonMobil had a strong quarter, with legacy and new oilfields contributing to growth and the Pioneer acquisition aiding the bottom line.

NYSE:XOM
Read Analysts Are Leading ExxonMobil Stock to a New All-Time High
Stock market crash — Photo
August 5, 2024 7:42 AM ET

Why a Recession is Back in Play and What it Means for Stocks

Thomas Hughes

The S&P 500 is in correction-mode as recession fears sweep the market; the NFP report was cooler than expected, suggesting the FOMC has waited too long to cut.

NYSEARCA:SPYINDEXCBOE:VIXINDEXRUSSELL:RUT
Read Why a Recession is Back in Play and What it Means for Stocks
Amazon prime boxes and envelopes delivered to a front door of residential building
August 2, 2024 8:11 AM ET

Amazon Stock is Primed to Rebound Strongly After AI Bubble Bursts

Thomas Hughes

Amazon is firing on all cylinders despite falling short of the analyst's consensus in Q2; guidance is for growth, and AWS is leading the charge.

NASDAQ:AMZN
Read Amazon Stock is Primed to Rebound Strongly After AI Bubble Bursts
Cookie Aisle at Grocery Store — Stock Editorial Photography
August 2, 2024 6:15 AM ET

Take a Bite: This Snack Giant Is a Safe-Haven Stock Worth Buying

Thomas Hughes

Mondelez is on track for a rebound driven by analysts; investors who get on board now can count on dividends and share repurchases to help support the market.

NASDAQ:NVDANASDAQ:MSFTNYSEARCA:SPY
Read Take a Bite: This Snack Giant Is a Safe-Haven Stock Worth Buying
Israeli Air Force airplanes (five jet fighters) at parade in honor of Independence Day - Stock Editorial Photography
August 2, 2024 5:30 AM ET

Defense Stocks Soar to New Highs; Higher Highs Are Coming

Thomas Hughes

Defense stocks are solid capital return machines that reduce their share counts significantly each year while paying dividends.

NYSE:LMTNYSE:NOCNYSE:LMT
Read Defense Stocks Soar to New Highs; Higher Highs Are Coming
English houses with solar panels - stock image
August 1, 2024 9:00 AM ET

First Solar Stock: The Dawn of a New Rally in Share Prices

Thomas Hughes

First Solar had a bright quarter, shining the light on data center demand. Analysts like what they see and raise their price targets, leading to a new high.

NASDAQ:FSLR
Read First Solar Stock: The Dawn of a New Rally in Share Prices
Meta Platforms stock forecast
August 1, 2024 6:55 AM ET

Meta Platforms: Rotation or Not, It’s Rally On For This AI Stock

Thomas Hughes

Meta Platforms had another blowout quarter, resulting in an upward revision trend among analysts and an outlook for even higher share prices.

NASDAQ:NVDANASDAQ:META
Read Meta Platforms: Rotation or Not, It’s Rally On For This AI Stock
Composition with cup of Starbucks coffee - Stock Editorial Photography
August 1, 2024 5:30 AM ET

Time To Pick Up the Pieces of Starbucks' Broken Growth Story

Thomas Hughes

Starbucks struggled in Q3 but reaffirmed guidance and says it is regaining traction in its key North American markets. Growth will resume in 2025.

NASDAQ:SBUX
Read Time To Pick Up the Pieces of Starbucks' Broken Growth Story
August 20, 2019, Brazil. In this photo illustration the Microsoft logo is displayed on a smartphone.
August 1, 2024 5:20 AM ET

3 AI Stocks That You Can Buy and Hold Forever

Thomas Hughes

These AI stocks are applying the technology and generating value today that will grow over time as the AI-supercycle unfolds.

NASDAQ:AMDNASDAQ:NVDANASDAQ:MSFT
Read 3 AI Stocks That You Can Buy and Hold Forever
Person holding smartphone with logo of startup and aerospace company.Joby Aviation air taxi on screen.Telsiai,Lithuania.08-09-2023.
July 31, 2024 8:25 AM ET

Joby Aviation Stock: The Case for Upside Just Got Stronger

Thomas Hughes

JOBY Aviation is on track to commence commercial operations next year and now has a secular tailwind to support its share price.

NYSE:JOBYNYSE:DALNYSE:JPM
Read Joby Aviation Stock: The Case for Upside Just Got Stronger
Microsoft Corporation is an American multinational technology corporation
July 31, 2024 8:02 AM ET

Conviction Firms for Microsoft's Double-Digit Stock Upside

Thomas Hughes

Microsoft had a good quarter but not a great one, leaving its stock price to wallow at levels investors should take advantage of.

NASDAQ:MSFT
Read Conviction Firms for Microsoft's Double-Digit Stock Upside
Train delivering oil in tanks in the industrial area
July 31, 2024 5:20 AM ET

Oilfield Infrastructure Stock Soars Over 50% on Bold Acquisition

Thomas Hughes

Solaris Oilfield Energy is diversifying and changing its name; the critical detail is that capital returns will continue to gush.

NYSE:SOI
Read Oilfield Infrastructure Stock Soars Over 50% on Bold Acquisition
Medical vials for injection with a syringe — Photo
July 30, 2024 10:17 AM ET

AbbVie Analysts Lead the Stock Higher as Humira Worries Recede

Thomas Hughes

AbbVie had a solid quarter, accelerating growth and giving positive guidance that has analysts lifting their price targets and the stock advancing.

NYSE:ABBV
Read AbbVie Analysts Lead the Stock Higher as Humira Worries Recede
Integrated circuit with a processor chip on computer mainboard
July 30, 2024 8:30 AM ET

This Semiconductor Stock Is ON Track for a New High

Thomas Hughes

Onsemi is on track to return to growth at the end of the year, and its stock price is on track for a one-year high, as led by analysts.

NASDAQ:ON
Read This Semiconductor Stock Is ON Track for a New High
Russell 2000 Index is a market index comprised of 2,000 small-cap companies, text concept button on keyboard
July 29, 2024 8:28 AM ET

It’s Time to Rotate Into These Russell 2000 Stocks

Thomas Hughes

The market is rotating out of large caps and into small caps, pushing the Russell 2000 up more than 10% while major indices are crashing.

NASDAQ:NVDANASDAQ:AMDNYSE:CVNA
Read It’s Time to Rotate Into These Russell 2000 Stocks
BigMac and french fries on a healthy background — Stock Editorial Photography
July 29, 2024 7:45 AM ET

Time to Take a Bite of This Stock's Enticing Value

Thomas Hughes

McDonald's struggled in Q2 but presents a deep-value for investors; shares are moving higher following the release and show support at a critical level.

NYSE:MCDNASDAQ:PSMTNASDAQ:PEP
Read Time to Take a Bite of This Stock's Enticing Value
Indianapolis - Circa July 2017: 3M IDA Office. 3M is a global science company and produces more than 55,000 products V
July 26, 2024 7:22 AM ET

3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In

Thomas Hughes

3M's fall from grace is at an end, the stock rebound is gaining momentum after better-than-expected results that point to growth and distribution increases.

NYSE:MMMNYSE:SOLV
Read 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
chipotle chicken burrito bowl
July 25, 2024 8:28 AM ET

Conviction Firms For Chipotle Stock's 25% Share Price Increase

Thomas Hughes

Chipotle Mexican Grill smoked the analysts' consensus for another quarter and is guiding for continued growth in store count, comps, and Chipotlanes.

NYSE:CMG
Read Conviction Firms For Chipotle Stock's 25% Share Price Increase
ASML modern urban tower downtown offices corporation stocks market editorial — Stock Editorial Photography
July 25, 2024 5:08 AM ET

ASML Stock Nearing Bottom: Is Now the Time to Buy?

Thomas Hughes

ASML had a tepid quarter and gave weak Q3 guidance, but bookings and AI demand continue to point to sustained sequential improvement and a return to growth.

NASDAQ:ASML
Read ASML Stock Nearing Bottom: Is Now the Time to Buy?
French fries potatoes in a paper bag on wood background — Photo
July 24, 2024 8:50 AM ET

Food Processing Company Stock Gets Fried by Recall: Time to Buy

Thomas Hughes

Lamb Weston is a french fry supplier struggling with sluggish restaurant growth and the impact of recalls. The stock price implosion is an opportunity for investors

NYSE:MCDNYSEARCA:XLPNYSE:LW
Read Food Processing Company Stock Gets Fried by Recall: Time to Buy
Tesla Model 3
July 24, 2024 6:41 AM ET

Tesla Skids Into a Buying Opportunity But Don’t Buy it Yet

Thomas Hughes

Tesla sustained growth in Q2, but car revenue, deliveries, and production are falling, suggesting another quarter or two of sluggish results lie ahead

NASDAQ:TSLA
Read Tesla Skids Into a Buying Opportunity But Don’t Buy it Yet
package delivery on porch
July 24, 2024 5:20 AM ET

This Parcel Delivery Stock's Dip Signals a Buy, But Be Patient

Thomas Hughes

UPS's dividend is safe, and repurchases are back in the picture, but results and guidance suggest this stock will continue to trend lower.

NYSE:UPS
Read This Parcel Delivery Stock's Dip Signals a Buy, But Be Patient