Free Trial

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 2

US dollar on the background of the financial chart. Concept Economy, business investment, economic crisis, decline in profits, recession. mixed media - stock image
November 12, 2024 5:00 AM ET

The S&P 500 Can Gain 20% and Hit 7,400: Here’s How

Thomas Hughes

The S&P 500 can hit 7,400 in 2025, driven by earnings growth and capital returns, supported by healthy labor markets and aided by easing headwinds.

NYSE:GSNASDAQ:NVDANASDAQ:MSFT
Read The S&P 500 Can Gain 20% and Hit 7,400: Here’s How
Isometric vector of virtual office with businesspeople, corporate employees working together on a new startup using mobile devices. Business management, education, online communication network — Vector
November 11, 2024 8:32 AM ET

Monday.com’s Manic Price Pullback Is a Signal to Buy

Thomas Hughes

Monday.com posted another solid quarter, showing improved leverage and growing shareholder value; the price pullback is a signal to buy.

NASDAQ:MNDY
Read Monday.com’s Manic Price Pullback Is a Signal to Buy
DraftKings Sportsbook
November 11, 2024 5:00 AM ET

You Can Bet on DraftKings to Rebound in 2025

Thomas Hughes

DraftKings is gaining traction in key markets, growing user count and engagement metrics. Analysts are lifting targets in 2024 and point to a 20% upside.

NASDAQ:DKNG
Read You Can Bet on DraftKings to Rebound in 2025
fed rate cuts dollar bill
November 8, 2024 9:00 AM ET

The Hottest Markets to Watch After the Fed’s 25 Bps Rate Cut

Thomas Hughes

The hottest markets following the Fed's 25 basis point rate cut weren't big tech but the small caps, confirming the sector rotation which began over the summer.

NYSE:FREYNYSE:IONQNYSE:WWW
Read The Hottest Markets to Watch After the Fed’s 25 Bps Rate Cut
L3Harris defense plane
November 8, 2024 6:15 AM ET

L3Harris: Positioned for Gains With Trump’s Defense Policies

Thomas Hughes

L3Harris Technologies partnership with Palantir will drive innovation and advancement in the defense industry, boosting revenue and earnings over time.

NYSE:PLTRNYSE:LHX
Read L3Harris: Positioned for Gains With Trump’s Defense Policies
Take-Two Interactive video games
November 8, 2024 6:00 AM ET

Take-Two Interactive’s 2024 Comeback: New Highs Expected in 2025

Thomas Hughes

Take-Two Interactive Software turned a corner in 2024 and is on track to sustain top-line growth and return to profitability in calendar 2025.

NASDAQ:TTWO
Read Take-Two Interactive’s 2024 Comeback: New Highs Expected in 2025
Kazan, Russia - Oct 22, 2021: Mercado Libre is Argentine company that operates online marketplaces. Smartphone with Mercado Libre logo on the screen, shopping cart and parcels. - Stock Editorial Photography
November 7, 2024 7:55 AM ET

Mercado Libre Shares Go on Sale: Is Now the Time to Buy?

Thomas Hughes

Mercado Libre is leading growth in its region and among global peers, with a 35% gain in Q3 and solid growth expected to be sustained in 2025.

NASDAQ:MELI
Read Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Fiserv logo on smartphone
November 7, 2024 6:30 AM ET

Fiserv Is Up 50% This Year and Can Go Another 50% Higher

Thomas Hughes

Fiserv is the leading fintech providing merchant and financial services globally, consolidating its markets and growing cash flow.

NYSE:FI
Read Fiserv Is Up 50% This Year and Can Go Another 50% Higher
Photo of cans of energetic monster - Stock Editorial Photography
November 7, 2024 5:45 AM ET

Monster Beverage Is a Scary Good Deal at Current Levels

Thomas Hughes

Monster Beverage is a scary good buy with shares at near a long-term low, sitting on a strong support target, with growth and acceleration in 2025 expected.

NASDAQ:PEPNASDAQ:KDPNYSE:KO
Read Monster Beverage Is a Scary Good Deal at Current Levels
Press conference of Donald Trump, President of United States of America, during NATO (North Atlantic Treaty Organization) SUMMIT 2018 - Stock Editorial Photography
November 6, 2024 9:38 AM ET

What a Trump Win Looks Like for the Market Now and Into 2025

Thomas Hughes

The S&P 500 will likely continue to trend higher under the Trump administration because of labor market health, consumer spending, and easing business headwinds

NYSEARCA:SPY
Read What a Trump Win Looks Like for the Market Now and Into 2025
August 6, 2024, Paraguay. In this photo illustration, the Microchip Technology Inc. logo is displayed on a smartphone screen — Stock Editorial Photography
November 6, 2024 8:03 AM ET

Macro Headwinds Send Microchip Technology Stock to the Buy Zone

Thomas Hughes

Microchip Technology is a dividend stock you want to buy now, with the yield at historical highs and a rebound in business expected in 2025.

NASDAQ:MCHP
Read Macro Headwinds Send Microchip Technology Stock to the Buy Zone
gold with hundred dollar bills and stocks
November 6, 2024 5:00 AM ET

Gold Prices on the Rise: Will Demand Push New Highs in 2025?

Thomas Hughes

Gold prices are trending higher in 2024. They are likely to set new highs by the end of the year, and additional highs are expected in 2025.

NYSEARCA:GLD
Read Gold Prices on the Rise: Will Demand Push New Highs in 2025?
January 8, 2023, Brazil. In this photo illustration, the HEICO Corporation logo is displayed on a smartphone screen
November 5, 2024 9:32 AM ET

Insider Buying Signals Upside for These 3 Stocks

Thomas Hughes

Insiders are buying these stocks and signaling a shift in the winds that can drive their stocks higher in 2025. Which one is right for your portfolio?

NYSE:HEINYSE:GTLSNASDAQ:MERC
Read Insider Buying Signals Upside for These 3 Stocks
3D render CPU Technological background. Concept circuit board with computer central processing unit. Digital Chip Integrated Communication Processor. Copy space - stock image
November 5, 2024 7:51 AM ET

NXP Semiconductors Nears Rock Bottom: A Buy Signal Is Expected

Thomas Hughes

NXP Semiconductors has headwinds in 2024 to weigh on the stock price action; the headwinds are expected to diminish in 2025, allowing business growth to resume.

NASDAQ:NXPI
Read NXP Semiconductors Nears Rock Bottom: A Buy Signal Is Expected
New York, United States of America - 2023 March 10: Lilly company on stock market. Lilly financial success and profit — Stock Editorial Photography
November 5, 2024 6:30 AM ET

Is Eli Lilly a Buy? Analyst Confidence Grows for 2025

Thomas Hughes

Eli Lilly's price pullback is an opportunity worth 25%, with analysts' sentiment firming around the $1000 level. New highs are likely by early 2025.

NYSE:ABBVNYSE:LLY
Read Is Eli Lilly a Buy? Analyst Confidence Grows for 2025
Photo of a woman's hands cupping a variety of multi-colored pills
November 4, 2024 5:15 AM ET

High-Yield AbbVie Gains Momentum: A 20% Upside Is in Sight

Thomas Hughes

High-yielding AbbVie is on track for another 20% gain, which could happen by the end of the year. Analysts are raising their targets, leading to higher prices.

NYSE:ABBV
Read High-Yield AbbVie Gains Momentum: A 20% Upside Is in Sight
Composition with cup of Starbucks coffee — Stock Editorial Photography
November 1, 2024 6:15 AM ET

Starbucks Stock Primed for Growth Under New CEO Niccol’s Vision

Thomas Hughes

Starbucks' new CEO, Brian Niccol, is exactly what Starbucks needs to effect a significant turnaround, but how long will it take to show improvement?

NASDAQ:SBUX
Read Starbucks Stock Primed for Growth Under New CEO Niccol’s Vision
Super Micro logo sign
November 1, 2024 5:00 AM ET

Super Micro Computer: Where Does it Go From Here?

Thomas Hughes

Super Micro Computers investors should expect volatility to continue in 2024, with short-interest high and institutions buying.

NASDAQ:NVDANASDAQ:MSFTNASDAQ:AMZN
Read Super Micro Computer: Where Does it Go From Here?
New York, NY - April 9, 2023: Microsoft logo on glass door on SoHo Manhattan shop with green tree reflection. — Stock Editorial Photography
October 31, 2024 8:46 AM ET

Microsoft Can Hit New All-Time Highs This Year - Here’s Why

Thomas Hughes

Microsoft had a strong quarter but trimmed guidance, causing shares to fall by 5%. The market is at a critical juncture and a technical buying opportunity.

NASDAQ:METANASDAQ:NVDANASDAQ:MSFT
Read Microsoft Can Hit New All-Time Highs This Year - Here’s Why
Caterpillar heavy duty equipment vehicle and logo - Stock Editorial Photography
October 31, 2024 6:45 AM ET

Caterpillar Stock: Market Points to a Buying Opportunity

Thomas Hughes

Caterpillar's operational quality can sustain the capital return and capital return growth in 2024 while investors wait for top- and bottom-line growth.

NYSE:CAT
Read Caterpillar Stock: Market Points to a Buying Opportunity
LAS VEGAS, NV - September 22. 2016 - Chipotle App On Apple iPhone Screen. Splash Screen Display. Selective Focus.
October 31, 2024 6:15 AM ET

 Chipotle Serves Up a Price Dip - The Market Is Buying

Thomas Hughes

Chipotle Mexican Grill had a solid quarter despite falling short of the consensus estimate for revenue. The analysts raise the consensus price target.

NYSE:CMG
Read  Chipotle Serves Up a Price Dip - The Market Is Buying
Logo of Advanced Micro Devices, Inc. (AMD) on CPU fan. AMD is an American multinational semiconductor company based in Santa Clara, California, USA.
October 30, 2024 7:59 AM ET

Advanced Micro Devices is Building Momentum with AI: Buy the Dip

Thomas Hughes

Advanced Micro Devices price plunge is an opportunity for investors they shouldn't pass up. The long-term opportunity outweighs near-term market sentiment.

NASDAQ:NVDANASDAQ:AMD
Read Advanced Micro Devices is Building Momentum with AI: Buy the Dip
Ft. Wayne - Circa November 2022: Fastenal industrial products and services distributor. Fastenal resells industrial, safety, and construction supplies.
October 30, 2024 7:00 AM ET

Double-Digit Gains Ahead? Top 2 Stocks Positioned to Outperform

Thomas Hughes

Cintas and Fastenal are business services companies that can rise by double-digits in 2025 as cash flow sustains capital returns and shareholder value growth.

NASDAQ:CTASNASDAQ:FAST
Read Double-Digit Gains Ahead? Top 2 Stocks Positioned to Outperform
Abbott Laboratories logo and sign near company office in Silicon Valley. Abbott Labs is an American health care company. - Sunnyvale, California, USA , 2022 — Stock Editorial Photography
October 30, 2024 6:36 AM ET

These Are The Top Health Stocks to Own for Buy-and-Hold Investing

Thomas Hughes

The stocks on this list are the top three buy-and-hold stocks in healthcare, producing significant value for shareholders while leading their respective fields.

NYSE:UNHNASDAQ:ISRGNYSE:ABT
Read These Are The Top Health Stocks to Own for Buy-and-Hold Investing