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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 21

microsoft logo sign on building
June 17, 2024 7:17 AM ET

How Much Higher Can Microsoft Go? Significant Growth Ahead

Thomas Hughes

Microsoft stock can continue to rally and may rise another 25% or more from current levels before the next significant peak.

NASDAQ:MSFT
Read How Much Higher Can Microsoft Go? Significant Growth Ahead
Adobe logo on smartphone screen with stock market background
June 14, 2024 9:04 AM ET

Adobe Stock: It’s Not Too Late To Buy The Dip

Thomas Hughes

Adobe had a great quarter and raised guidance. The analysts are raising their price targets and leading the market to a new all-time high; a 35% upside.

NASDAQ:MSFTNYSE:ORCLNASDAQ:NVDA
Read Adobe Stock: It’s Not Too Late To Buy The Dip
Family vacation travel RV, holiday trip in motorhome
June 14, 2024 5:10 AM ET

Top 2 Cheap Dividend Growers to Buy Now and Ride Into Retirement

Thomas Hughes

RV stocks like Thor Industries and Winnebago are cheap, trading at a one-year low ahead of industry growth while paying solid dividends and buying back shares

NYSE:WGONYSE:THO
Read Top 2 Cheap Dividend Growers to Buy Now and Ride Into Retirement
Dave & Buster's logo store location
June 13, 2024 8:42 AM ET

Dave & Buster’s Stock Offers a Prime Buying Opportunity

Thomas Hughes

Dave & Buster's had a tepid quarter but built leverage with new stores and plans to reinvigorate old stores to drive long-term growth.

NASDAQ:PLAY
Read Dave & Buster’s Stock Offers a Prime Buying Opportunity
Fomc Federal Open Market Committee Government regulation Finance monitoring organisation.
June 13, 2024 8:17 AM ET

The FOMC Decision Means Higher Prices for Stocks This Summer

Thomas Hughes

The S&P 500 is in rally mode and climbing a wall of worry that could lead to a large increase in the 2nd half. Technical targets put the index at 6,100, up 12%.

NYSEARCA:SPYNASDAQ:QQQINDEXCBOE:VIX
Read The FOMC Decision Means Higher Prices for Stocks This Summer
Casey's General Stores logo
June 13, 2024 5:40 AM ET

Casey’s General Stores Stock Fires Trend-Following Signal

Thomas Hughes

Casey's General Stores had another solid quarter, leading the market to a new high. The guidance is strong and suggests more new highs are in store.

NASDAQ:CASY
Read Casey’s General Stores Stock Fires Trend-Following Signal
Oracle Stock
June 12, 2024 7:25 AM ET

A Bubble is Brewing in Oracle Stock, and it’s Only Getting Bigger

Thomas Hughes

Oracle had a game-changing year and is on track to accelerate growth sequentially in F2025. Analysts are raising their targets and leading the stock higher.

NASDAQ:MSFTNASDAQ:GOOGNYSE:ORCL
Read A Bubble is Brewing in Oracle Stock, and it’s Only Getting Bigger
Morgan Stanley exterior sign and trademark logo.
June 12, 2024 5:30 AM ET

Top 4 Fastest Growing S&P 500 Dividends: Buy, Sell, or Hold?

Thomas Hughes

The fastest-growing dividends in the S&P 500 are good buys, but that doesn't mean it's time to buy them now; only one is accelerating distribution growth.

NYSE:TMONYSE:GSNYSE:MS
Read Top 4 Fastest Growing S&P 500 Dividends: Buy, Sell, or Hold?
profit dial knob set to high
June 11, 2024 9:17 AM ET

Top 3 High-Yield Stocks with Strong Analyst Ratings

Thomas Hughes

These are three of the top-rated dividend stocks tracked by Marketbeat.com. They all pay more than 3.0% and have an outlook for a double-digit upside.

NYSE:CPANASDAQ:UPBDNYSE:AESI
Read Top 3 High-Yield Stocks with Strong Analyst Ratings
ABM Industries logo seen displayed on a smartphone
June 11, 2024 7:15 AM ET

Dividend King ABM Industries is on Track for New Highs

Thomas Hughes

ABM Industries is a Dividend King with the power to continue raising its dividend for another 50 years and can do it because its business services are critical.

NYSE:ABM
Read Dividend King ABM Industries is on Track for New Highs
FuelCell Energy logo is displayed on a smartphone screen
June 11, 2024 5:40 AM ET

FuelCell Energy Ignites Short-Covering Rally, Don’t Buy Into It

Thomas Hughes

FuelCell had a better-than-expected quarter, not a good one, but losses are mounting, and the stock dilution worsened; additional share sales should be expected

NASDAQ:FCEL
Read FuelCell Energy Ignites Short-Covering Rally, Don’t Buy Into It
buy and sell dice next to gold coins
June 11, 2024 5:00 AM ET

The Top 3 Stocks Sold by Insiders This Quarter

Thomas Hughes

Insiders are selling these stocks the most in Q2, but investors shouldn't read too much into the news given the trends, analysts' sentiment, and outlook.

NASDAQ:NCNONYSE:CVNANASDAQ:ALTR
Read The Top 3 Stocks Sold by Insiders This Quarter
Meta Platforms logo on building
June 10, 2024 7:35 AM ET

Top 3 Stocks Set to Soar with the AI-Driven Metaverse Revolution

Thomas Hughes

Apple, Meta Platforms, and Symbotic are advancing virtual reality, automation, and AI technology in a way that will bring the metaverse to life.

NASDAQ:METANASDAQ:AAPLNASDAQ:SYM
Read Top 3 Stocks Set to Soar with the AI-Driven Metaverse Revolution
Logo of the GameStop gaming company, famous for the stock price rising as wallstreetbets challenges brokers and big investors
June 7, 2024 9:25 AM ET

GameStop Stock is Heading Back to the $10 Level Soon: Take 2

Thomas Hughes

GameStop is about to fall back to the $10 level because of persistent losses, shrinking business, and another dilutive share sales.

NYSE:GME
Read GameStop Stock is Heading Back to the $10 Level Soon: Take 2
Braze on smartphone screen
June 7, 2024 8:45 AM ET

Braze Stock: The Bottom is in, and the Rebound is On 

Thomas Hughes

Braze had a solid quarter and is now in rebond mode with double-digit upside potential and expected profits by the year's end.

NASDAQ:BRZE
Read Braze Stock: The Bottom is in, and the Rebound is On 
Microsoft logo on corporation headquarters
June 7, 2024 5:00 AM ET

Does Microsoft Stock Have More Room to Run?

Thomas Hughes

Microsoft stock is up more than 200% since the last major bottom and it still has at least a double-digit upside to go from current levels.

NYSE:ACNNASDAQ:FIVNOTCMKTS:HTHIY
Read Does Microsoft Stock Have More Room to Run?
CrowdStrike Holdings seen displayed on a smartphone
June 6, 2024 6:49 AM ET

CrowdStrike’s Momentum Can Carry it to a New High

Thomas Hughes

CrowdStrike had another solid quarter, outperforming expectations and raising guidance. Record cash flow and free cash flow are among the highlights.

NASDAQ:CRWD
Read CrowdStrike’s Momentum Can Carry it to a New High
Speedometer analyzing financial statistics
June 6, 2024 5:00 AM ET

REV Group, Inc. Stock Doubles in 12 Months, Will It Double Again?

Thomas Hughes

REV Group struggled in Q2 but results are better than expected for this specialty vehicle maker with profits and capital returns.

NYSE:REVG
Read REV Group, Inc. Stock Doubles in 12 Months, Will It Double Again?
Ollie's Bargain Outlet logo storefront
June 5, 2024 9:52 AM ET

Ollie’s Bargain Outlet Stock Won’t be a Bargain Much Longer

Thomas Hughes

Ollie's Bargain Outlet had a solid quarter and raised guidance, leading the market to advance by 10%, and the rally has legs. Higher prices are coming.

NASDAQ:OLLINYSE:TJX
Read Ollie’s Bargain Outlet Stock Won’t be a Bargain Much Longer
Electric car Tesla charging at supercharger station
June 5, 2024 9:06 AM ET

Tesla Stock is Under Pressure and at Risk of a Deep Implosion

Thomas Hughes

Tesla is a highly-valued auto stock that faces a reckoning as tepid sales and increased spending weigh on the outlook; AI is the future for this company.

NASDAQ:NVDANASDAQ:TSLA
Read Tesla Stock is Under Pressure and at Risk of a Deep Implosion
Altria Stock Forecast
June 5, 2024 6:31 AM ET

Why Altria Stock is Still a Good Dividend Play

Thomas Hughes

Altria is a leading sin stock with a market-beating yield and an aggressive repurchase plan that drives value for shareholders today.

NYSE:MONYSEARCA:SPYNYSE:DUK
Read Why Altria Stock is Still a Good Dividend Play
small caps stock on smartphone screen
June 5, 2024 5:45 AM ET

3 Small Cap Tech Stocks That Insiders Are Buying

Thomas Hughes

Insiders are buying these stocks. Major shareholders are building large positions, which indicates significant opportunities for investors.

NASDAQ:TBRGNASDAQ:NNNASDAQ:IZEA
Read 3 Small Cap Tech Stocks That Insiders Are Buying
GitLab logo is displayed on a smartphone screen
June 4, 2024 8:30 AM ET

GitLab’s Weak Results Were Priced In; Time to Buy the Dip?

Thomas Hughes

GitLab is well-positioned for the growth of tech, the cloud, and AI, but it's going to be a slower process than forecast, and that is weighing on the market.

NASDAQ:MDBNYSE:PATHNASDAQ:GOOGL
Read GitLab’s Weak Results Were Priced In; Time to Buy the Dip?
Applied Materials sign on building
June 4, 2024 7:40 AM ET

These Are the Most Active Congressional Trades This Quarter

Thomas Hughes

Congressional trading activity is important to watch because the members of Congress tend to outperform the broad market on a regular basis.

NASDAQ:AAPLNASDAQ:BWINNYSE:HD
Read These Are the Most Active Congressional Trades This Quarter