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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 20

General Mills stock price
March 20, 2024 7:30 AM ET

General Mills Stock Price Reversal Gains Momentum on Good News

Thomas Hughes

General Mills had a solid quarter, with revenue and margin outperforming expectations. Guidance was reaffirmed for the year; Capital returns are robust.

NYSE:GIS
Read General Mills Stock Price Reversal Gains Momentum on Good News
artificial intelligence stocks to buy
March 20, 2024 5:41 AM ET

5 Undervalued AI Stocks and Why to Buy Them

Thomas Hughes

This is a look at five undervalued AI stocks that could rise by double-digits soon and triple-digits over the next two years.

NASDAQ:AISPNASDAQ:GTLBNASDAQ:MDB
Read 5 Undervalued AI Stocks and Why to Buy Them
Business background with graph, pen and calculator.
March 19, 2024 8:55 AM ET

4 Stocks Building Long-Term Value for Shareholders 

Thomas Hughes

Value-building companies like Cintas, Unifirst, Williams-Sonoma, and Casey's General Stores invest in growth, pay dividends, and repurchase shares.

NASDAQ:CASYNYSE:WSMNYSE:UNF
Read 4 Stocks Building Long-Term Value for Shareholders 
Nvidia stock price outlook
March 19, 2024 6:55 AM ET

Going Long Nvidia Still Makes Sense: Here’s Why

Thomas Hughes

NVIDIA is a crowded trade with a risk of correction, but investors should embrace the dip (if it comes) and stay long in this trade: AI has legs.

OTCMKTS:SSNLFNASDAQ:MSFTNASDAQ:AMZN
Read Going Long Nvidia Still Makes Sense: Here’s Why
Buy stocks before rate cuts
March 19, 2024 5:49 AM ET

4 Stocks to Buy Before the Fed Cuts Interest Rates

Thomas Hughes

Home decor stocks business will trough in 2024, leading to accelerating growth in the back half and into next year, compounded by a widening margin.

NASDAQ:ARHSNYSE:WNYSE:RH
Read 4 Stocks to Buy Before the Fed Cuts Interest Rates
PARIS, FRANCE - JAN 28, 2016: Amazon logotype printed on cardboard box side seen from above on a wooden parwuet floor. Amazon is an American electronic e-commerce company distribution worlwide e-commerce goods
March 18, 2024 12:57 PM ET

Insider Selling of Amazon Spikes in Q1, but it's Not Time to Sell

Thomas Hughes

Insider selling of Amazon shares spiked in Q1 and may continue at a robust pace this year, but investors don't need to worry about it yet.

NASDAQ:AMZN
Read Insider Selling of Amazon Spikes in Q1, but it's Not Time to Sell
Verizon Wireless retail store and trademark
March 18, 2024 9:15 AM ET

2 Deep Value, High Yield Stocks With a Double-Digit Upside

Thomas Hughes

Verizon and Whirlpool are two beaten down income stocks with yields above 6.5% and an outlook for double-digit stock price gains.

NYSE:VZNYSE:WHR
Read 2 Deep Value, High Yield Stocks With a Double-Digit Upside
Electricity lightning in white servers data center room storage systems 3D rendering
March 15, 2024 9:46 AM ET

Jabil Stock Implodes: Market Manufactures Entry for New Money

Thomas Hughes

JBL had a weak quarter after selling its mobility business; Guidance is also weak, but a turning point is close, and growth will resume next year.

NASDAQ:AAPLNYSE:JBL
Read Jabil Stock Implodes: Market Manufactures Entry for New Money
Adobe stock price
March 15, 2024 6:55 AM ET

Adobe Stock Reaches Turning Point as Market Outlook Resets

Thomas Hughes

Adobe increased its stock repurchase program by $25 billion after a strong quarter and exited from the Figma acquisition. Analysts are trimming their targets.

NASDAQ:ADBE
Read Adobe Stock Reaches Turning Point as Market Outlook Resets
Q1 stock winners and analysts
March 14, 2024 10:52 AM ET

Analysts Lead These Markets: The Most Upgraded Stocks in Q1

Thomas Hughes

The analysts are leading these market leaders to new highs, and the S&P 500 will likely follow. The question is how high, it could be double-digits.

NASDAQ:NVDANASDAQ:METANASDAQ:AMZN
Read Analysts Lead These Markets: The Most Upgraded Stocks in Q1
Midcap stocks to buy
March 14, 2024 8:45 AM ET

5 Mid-Caps to Buy Before the Next Broad Market Sell-Off

Thomas Hughes

The market is looking toppy and may correct at any time. Investors that want to front-run the sell-off should turn to small and mid-caps for value and yield.

NASDAQ:NVDANASDAQ:METANASDAQ:AMZN
Read 5 Mid-Caps to Buy Before the Next Broad Market Sell-Off
UiPath Stock: Analysts Blaze a Path to Higher Share Prices
March 14, 2024 6:47 AM ET

UiPath Stock: Analysts Blaze a Path to Higher Share Prices

Thomas Hughes

UiPath is set up to soar in 2025, with growth accelerating and analysts leading the market into a complete reversal. New highs are expected to come soon.

NYSE:PATH
Read UiPath Stock: Analysts Blaze a Path to Higher Share Prices
insider buys on bank stocks
March 14, 2024 5:13 AM ET

3 Small Dividend Paying Banks Insiders are Buying

Thomas Hughes

Insiders buy these small banks that pay dividends. Most are trading at long-term lows and undervalued relative to analysts forecasts.

NASDAQ:SHBINASDAQ:HWBKNYSE:BY
Read 3 Small Dividend Paying Banks Insiders are Buying
Photo of hands holding mobile device displaying Airship AI logo
March 14, 2024 4:05 AM ET

Airship AI Holdings Is a Stock You Need to Know About

Thomas Hughes

Airship AI is an emerging leader in video threat detection powered by AI. A new contract with the DOJ has shares up 500% and climbing

NYSE:PLTRNASDAQ:AISP
Read Airship AI Holdings Is a Stock You Need to Know About
Williams Sonoma stock price
March 13, 2024 11:25 AM ET

Williams-Sonoma Surged 20% and Could Double in Price

Thomas Hughes

Williams-Sonoma increased its dividend by 25% and raised the share repurchases by $1 billion, sparking new highs for the stock. How high can it get?

NYSE:TJXNYSE:WNASDAQ:ARHS
Read Williams-Sonoma Surged 20% and Could Double in Price
Caseys General Store Stock price
March 13, 2024 7:24 AM ET

Casey’s General Store Stock Discounted; Analysts to Raise Targets

Thomas Hughes

Casey's General Stores had a solid quarter if mixed compared to analysts' estimates. Margins were strong and supported a healthy capital return outlook.

NASDAQ:CASY
Read Casey’s General Store Stock Discounted; Analysts to Raise Targets
Has the Stock Market Priced in a Rate Cut?
March 13, 2024 5:47 AM ET

Has the Stock Market Priced in a Rate Cut?

Thomas Hughes

The S&P 500 advances after hot inflation data as traders and investors misprice the timing of the Fed's first interest rate cut in years.

NYSE:TJXNYSE:KRNYSE:WMT
Read Has the Stock Market Priced in a Rate Cut?
Ambarella stock price outlook
March 12, 2024 10:16 AM ET

Ambarella's Stock Turning Point: AI Set to Propel Growth in 2024

Thomas Hughes

Ambarella is perfectly positioned to see growing demand over the coming years as AI is embedded into the edge of computing.

NASDAQ:NVDANASDAQ:AMDNASDAQ:AMBA
Read Ambarella's Stock Turning Point: AI Set to Propel Growth in 2024
On Holding stock price
March 12, 2024 8:55 AM ET

ON Holdings Stock Price Tumbles: Is Now The Time to Buy?

Thomas Hughes

ON Holdings had a solid quarter despite missing consensus. Analysts are defending the stock and setting it up to rebound later this year.

TSE:LLLNYSE:NKENASDAQ:LULU
Read ON Holdings Stock Price Tumbles: Is Now The Time to Buy?
Oracle stock price
March 12, 2024 7:30 AM ET

Oracle Drives Next Era of AI Advancement: Stock Skyrockets by 15%

Thomas Hughes

Oracle had a solid quarter with its Gen2 Cloud entering hyper-growth and is expected to remain so for the foreseeable future.

NASDAQ:NVDANASDAQ:AMD
Read Oracle Drives Next Era of AI Advancement: Stock Skyrockets by 15%
Kroger Stock price outlook
March 12, 2024 5:30 AM ET

Kroger Stock: Anticipating New Highs as Promising Uptrend Resumes

Thomas Hughes

Kroger is in position to rally this year as capital returns and balance sheet health offset concerns the Albertsons merger will fall through.

NYSE:ACINYSE:KR
Read Kroger Stock: Anticipating New Highs as Promising Uptrend Resumes
Build-A-Bear Stock Analysis
March 11, 2024 10:55 AM ET

Unbearably Good Investment: A Build-A-Bear Stock Analysis

Thomas Hughes

Build-A-Bear specializes in bears but builds a bull market for investors with wider margins, cash flow, and capital returns.

NASDAQ:MATNASDAQ:HASNYSE:BBW
Read Unbearably Good Investment: A Build-A-Bear Stock Analysis
Broadcom Stock Price
March 11, 2024 7:26 AM ET

Another 20% Upside for Broadcom Stock: Analysts Say Buy the Dip

Thomas Hughes

Broadcom's shares are pulling back to an opportunistic entry point for investors. Growth, capital returns, and analysts' sentiment point to a new high this year

NASDAQ:AAPLNASDAQ:AVGO
Read Another 20% Upside for Broadcom Stock: Analysts Say Buy the Dip
Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
March 11, 2024 4:00 AM ET

Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance

Thomas Hughes

Procter & Gamble (NYSE: PG) is another example in a growing list of a phenomenon I suspected may occur this quarter.

NYSE:PG
Read Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance