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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 29

JPMorgan Chase stock outlook
April 12, 2024 7:00 AM ET

JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show

Thomas Hughes

JPMorgan Chase had a solid quarter, but cracks are showing in the consumer, and NII is forecast to be weaker than analysts expectations this year.

NYSE:JPM
Read JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
Furniture stocks
April 12, 2024 5:32 AM ET

2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding

Thomas Hughes

The furniture business is down due to weakness in housing, but long-term indicators are favorable, and the FOMC is on track to cut rates, so a rebound is ahead.

NASDAQ:HOFTNASDAQ:LOVE
Read 2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Photo of a CarMax storefront with cars parked out front; Should you buy the stock while it's priced low?
April 11, 2024 10:19 AM ET

Carmax Returns to the Bargain Basement: Buy the Dip? 

Thomas Hughes

Carmax is gaining leverage for an auto sales recovery that could begin this year when the FOMC cuts interest rates. The only question is the timing.

NYSE:KMX
Read Carmax Returns to the Bargain Basement: Buy the Dip? 
Photo of nuts and bolts against black backdrop. Dividend Aristocrat Fastenal is on sale, Buy it While it’s Down
April 11, 2024 10:07 AM ET

Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down

Thomas Hughes

Dividend Aristocrat Fastenal was newly appointed to the list, and now the market is giving back the gains driven by indexing. Fresh all-time highs to come.

NASDAQ:FAST
Read Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
Photo of man in a suit holding a smart phone projecting a hologram globe. As SMART Global gets 25% discount, analyst raise targets
April 11, 2024 8:21 AM ET

SMART Global Gets 25% Discount: Analysts Lift Targets

Thomas Hughes

SMART Global is a deeply undervalued stock that has been well-positioned for a decades-long upgrade cycle of AI-driven industrial and enterprise applications.

NASDAQ:NVDANASDAQ:SGH
Read SMART Global Gets 25% Discount: Analysts Lift Targets
Photo showing a shopping cart in an aisle at a warehouse shopping store. PriceSmart could be the smartest buy of the year
April 11, 2024 5:35 AM ET

PriceSmart Could Be the Smartest Buy of the Year

Thomas Hughes

PriceSmart looks like a smart buy, with shares down 5% after a strong report and favorable outlook. This undervalued stock issued a special dividend worth 1.25%

NASDAQ:PSMTNYSE:WMTNASDAQ:COST
Read PriceSmart Could Be the Smartest Buy of the Year
Photo of people shopping in a grocery store aisle, high-yield consumer staples stocks rebounding
April 11, 2024 5:25 AM ET

3 High-Yield Stocks In Rebound Mode: How High Can They Go?

Thomas Hughes

These consumer staples stocks were beaten up in 2023 but bottomed and are on track to complete reversals and trend higher in 2024.

NYSE:KLGNYSE:CAGNYSE:GIS
Read 3 High-Yield Stocks In Rebound Mode: How High Can They Go?
Photo: Cans of WD-40 in a shopping cart; WD-40 Experiencing Growth and Profits in Q2
April 10, 2024 8:12 AM ET

WD-40 Company Greases the Wheels of Growth and Profits

Thomas Hughes

WD-40 Company will sell its harvest unit to build cash, widen the margin and amplify growth over the coming year. This stock is highly valued for a reason.

NASDAQ:WDFC
Read WD-40 Company Greases the Wheels of Growth and Profits
delta airlines stock
April 10, 2024 6:41 AM ET

Delta Air Lines Stock Should Take Flight After Solid Report

Thomas Hughes

Delta Airlines is an undervalued stock, making significant progress with business improvement while setting record quarterly results and guiding higher.

NYSE:DAL
Read Delta Air Lines Stock Should Take Flight After Solid Report
Stock Market Graph Financial Data Statistic finance Background, Chart Forex Index Abstract Money Exchange Trade Strategy Index Global Fund Online Price Graph Analysis Crypto Currency Bitcoin Display.
April 9, 2024 9:35 AM ET

4 Golden Crosses With Double-Digit Upside Ahead

Thomas Hughes

Golden Crossovers are an essential technical signal because they point to aligning market outlooks and potential for double-digit price gains.

NASDAQ:IACNASDAQ:GSITNASDAQ:DTSS
Read 4 Golden Crosses With Double-Digit Upside Ahead
Scenic scene of train moving fast, trees and lake. Greenbrier Companies Breaks Out, New Highs Ahead
April 9, 2024 8:30 AM ET

All-Aboard! Greenbrier Companies Breaks Out, New Highs Ahead

Thomas Hughes

Greenbrier Companies pays a solid dividend and has an outlook for improving margin and a return to revenue growth that should sustain the rally this year.

NYSE:GBX
Read All-Aboard! Greenbrier Companies Breaks Out, New Highs Ahead
Insider buys
April 9, 2024 5:44 AM ET

3 Cheap Stocks Insiders are Buying: Investors Should Avoid 1

Thomas Hughes

Insiders are buying these three stocks, but investors should only focus on two of them; the other is facing delisting and may not recover soon.

NYSE:TISINYSE:GEFNASDAQ:MRCY
Read 3 Cheap Stocks Insiders are Buying: Investors Should Avoid 1
Quantum-Si stock price
April 9, 2024 5:14 AM ET

Penny Stock Quantum-Si Incorporated Readies For Lift-Off

Thomas Hughes

Quantum-Si is entering a hyper-growth phase with the full-scale launch of its Platinum gene sequencing device. Analysts' sentiment supports the market.

NASDAQ:QSI
Read Penny Stock Quantum-Si Incorporated Readies For Lift-Off
Rising golden business bull with graph stock analysts
April 9, 2024 5:00 AM ET

The Top 5 Analysts Ranked by MarketBeat and Stocks They Cover

Thomas Hughes

Analysts rate the stocks, but who rates the analysts? This is a look at five of the highest-rated analysts tracked by Marketbeat.com based on 12-month ROI.

NASDAQ:IOVANASDAQ:APDNNASDAQ:ALKT
Read The Top 5 Analysts Ranked by MarketBeat and Stocks They Cover
CEO stock buys
April 8, 2024 8:13 AM ET

The 5 Hottest CEO Stock Purchases So Far This Year

Thomas Hughes

Insider buying is a telling indicator for investors, and no insider is as significant as the CEO. This is a look at the five hottest CEO buys this year.

NYSE:ALLENASDAQ:MRAINASDAQ:KDP
Read The 5 Hottest CEO Stock Purchases So Far This Year
Short Squeeze Stock Market
April 5, 2024 7:25 AM ET

5 High Short Interest Stocks Getting Squeezed With Upside To Go

Thomas Hughes

High short interest fuels rallies in these blue chip stocks that analysts support. Upward price target revisions suggest a double-digit upside for them.

NYSE:GMNYSE:CNQNASDAQ:TMUS
Read 5 High Short Interest Stocks Getting Squeezed With Upside To Go
Stock market chart -  High Trading Volume Signals Potential Growth
April 5, 2024 5:45 AM ET

Unusually High Volume Points to Upside in These Stocks

Thomas Hughes

Unusually high volume is often a signal of higher price to come; this is a look at three stocks with recent volume spikes and a reason for the price to advance.

NASDAQ:LIFWNASDAQ:PESINASDAQ:CADL
Read Unusually High Volume Points to Upside in These Stocks
Target stock price analysis on computer and smart phone
April 5, 2024 5:00 AM ET

Comprehensive Analysis of Target Corporation Stock

Thomas Hughes

Target is the largest retailer in the US and is on track to complete a business turnaround and return to growth. Capital returns are solid and should increase.

NYSE:TGTNYSE:WMTNYSE:TJX
Read Comprehensive Analysis of Target Corporation Stock
Penny stocks to buy
April 4, 2024 7:25 AM ET

3 Most Active Penny Stocks: Buy, Sell, or Hold 

Thomas Hughes

Penny stocks are volatile due to thin trading; seeking out the penny stocks with the most activity and volume can help mitigate risk.

NASDAQ:CXAINASDAQ:PLUGNASDAQ:NKLA
Read 3 Most Active Penny Stocks: Buy, Sell, or Hold 
Levi Strauss stock price outlook
April 4, 2024 7:05 AM ET

Levi Strauss Stock: Trend-Following Signal, Reversal is On

Thomas Hughes

Levi Strauss had a solid Q1 and guided 2024 earnings higher, leading the market to double-digit gains and opening the door to a sustained rally.

NYSE:LEVI
Read Levi Strauss Stock: Trend-Following Signal, Reversal is On
Herbalife building logo - cheap stocks with insider buying
April 4, 2024 6:00 AM ET

3 Cheap Stocks that Insiders Bought in Q1

Thomas Hughes

These cheap stocks, with catalysts for higher prices, institutional and analyst support, and insider buying, are stocks that investors should consider.

NASDAQ:QSINYSE:HLFNYSE:PHX
Read 3 Cheap Stocks that Insiders Bought in Q1
Dave & Buster's Restaurant stock price
April 3, 2024 6:55 AM ET

Dave & Buster’s Stock Value Is Unleashed, Not Too Late To Get In

Thomas Hughes

Dave & Buster's is unleashing shareholder value and may see a significant price-multiple expansion boost shares by triple digits over the next few years.

NASDAQ:TXRHNYSE:DRINASDAQ:PLAY
Read Dave & Buster’s Stock Value Is Unleashed, Not Too Late To Get In
China's social media platform Weibo is undervalued and a reversal is in play
April 3, 2024 6:00 AM ET

Deeply Undervalued Weibo Stock Is Ripe for a Reversal

Thomas Hughes

Weibo is a deeply undervalued stock, giving exposure to China's Internet markets, and it is growing. Analysts see an upside, and a reversal is in play.

NASDAQ:WB
Read Deeply Undervalued Weibo Stock Is Ripe for a Reversal
Calvin Klein sign text and logo brand of American chain house luxury clothing PVH Corp
April 2, 2024 9:25 AM ET

PVH Stock Gets 25% Discount: Is Now the Time to Buy?

Thomas Hughes

PVH stock price implosion is a knee-jerk reaction to cautious guidance that is easily beaten. Analysts stand by their ratings and see an upside ahead.

NYSE:PVH
Read PVH Stock Gets 25% Discount: Is Now the Time to Buy?