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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 30

Paychex stock price
April 2, 2024 9:07 AM ET

Buy the Dip in Paychex, Inc. for a Pay Check at Retirement

Thomas Hughes

Paychex had a solid quarter, producing growth and wider margins, but failed to impress the market. The stock is down sharply, but investors should buy the dip.

NASDAQ:PAYX
Read Buy the Dip in Paychex, Inc. for a Pay Check at Retirement
Canoo stock price
April 2, 2024 7:15 AM ET

Canoo, Inc. Bites the Dust: Mullen Automotive Is a Better Bet

Thomas Hughes

Canoo Inc. issued a going concern notice that could quickly lead to bankruptcy as its competitor Mullen Automotive gains momentum with its shift to commercial.

NASDAQ:MULNNYSE:GOEV
Read Canoo, Inc. Bites the Dust: Mullen Automotive Is a Better Bet
GEN Restaurant Group stock outlook
April 2, 2024 5:09 AM ET

Michael Burry Picked a Winner With GEN Restaurant Group

Thomas Hughes

GEN Restaurant Group is storming the nation with its chain of all-you-can-eat Korean BBQ restaurants: insiders and institutions are buying.

NASDAQ:GENK
Read Michael Burry Picked a Winner With GEN Restaurant Group
q1 earnings outlook
April 2, 2024 4:54 AM ET

What to Expect From the Q1 Earnings Reporting Season

Thomas Hughes

The outlook for Q1 and 2024 earnings is robust, and growth should be sustained into 2025, but the market is setting up for a correction the FOMC could trigger.

NYSEARCA:XLKNYSEARCA:XLYNASDAQ:AMZN
Read What to Expect From the Q1 Earnings Reporting Season
Tech stocks
April 1, 2024 9:12 AM ET

5 Tech Stocks to Buy Now, Ahead of the Q1 Reports

Thomas Hughes

Tech stocks had a market reset in Q1 2024 and are now in a position to rally higher with analysts' revisions to lead the price action.

NYSE:SNOWNASDAQ:MDBHNYSE:PATH
Read 5 Tech Stocks to Buy Now, Ahead of the Q1 Reports
Dividend stocks to buy now
April 1, 2024 7:55 AM ET

5 Cheap Dividend Stocks: Which to Buy Now

Thomas Hughes

Marketbeat.com provides numerous tools for investors, including the List of Cheap Dividend Stocks, a treasure trove of value-plays for income investors.

NASDAQ:HNVRNASDAQ:CULLNYSE:ABEV
Read 5 Cheap Dividend Stocks: Which to Buy Now
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
March 28, 2024 7:25 AM ET

Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up

Thomas Hughes

Walgreens Boots Alliance is starting to emerge from the weeds but has more work to do. The stock trades at rock bottom, a deep value, and pays a high yield.

NASDAQ:WBA
Read Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Bitcoin Depot stock outlook
March 28, 2024 5:37 AM ET

Bitcoin Depot Falls Into Value Territory With Expansion Underway

Thomas Hughes

Bitcoin Depot is leveraging growth and expanding its footprint to capture long-term gains as mainstream adoption of Bitcoin accelerates.

NASDAQ:BTM
Read Bitcoin Depot Falls Into Value Territory With Expansion Underway
Cintas or UniFirst stock
March 28, 2024 5:01 AM ET

Cintas or UniFirst: Investors Win Either Way

Thomas Hughes

Cintas and UniFirst are two value-building stocks with a solid trajectory for dividend increases and capital returns; which is the right one for you?

NYSE:UNFNASDAQ:CTAS
Read Cintas or UniFirst: Investors Win Either Way
Draftkings stock price
March 27, 2024 8:45 AM ET

Is DraftKings A Good Bet Ahead of Q1 Earnings?

Thomas Hughes

DraftKings analysts are lifting their estimates for Q1 earnings but may still underestimate the company due to strength in March Madness and North Carolina.

NYSE:BCSNYSE:BLKNASDAQ:DKNG
Read Is DraftKings A Good Bet Ahead of Q1 Earnings?
GameStop stock price
March 27, 2024 6:47 AM ET

GameStop Stock Downtrend Is Intact: The End Game Draws Near

Thomas Hughes

GameStop is on track to revert to its pre-meme price points below $5, and the move could gain momentum as critical support targets are breached.

NYSE:SONYNASDAQ:MSFTNYSE:GME
Read GameStop Stock Downtrend Is Intact: The End Game Draws Near
Dividend Stocks above-average yields
March 27, 2024 5:45 AM ET

5 Dividend Kings Stocks to Load Up on Now

Thomas Hughes

Dividend Kings are stocks that can be bought over and over again to build larger income-producing positions; these stocks are down and pay high yields.

NYSE:HRLNYSE:TGTNYSE:SWK
Read 5 Dividend Kings Stocks to Load Up on Now
Congress members portfolios AI stock
March 27, 2024 5:00 AM ET

The Most Bought AI Stock by Congress Isn’t NVIDIA

Thomas Hughes

Members of Congress are buying NVIDIA in bulk, but it isn't the most bought stock or AI stock by a long shot; that title goes to Microsoft.

NASDAQ:NVDANASDAQ:MSFT
Read The Most Bought AI Stock by Congress Isn’t NVIDIA
Business development to success and growing growth concept , insider buying
March 26, 2024 10:55 AM ET

3 Stocks Insiders Are Buying That Analysts Love

Thomas Hughes

Insiders are buying these stocks that analysts view as undervalued. Each has a potential catalyst in the works, and its shares could advance triple digits.

NASDAQ:RZLTNASDAQ:GENKNASDAQ:IMRX
Read 3 Stocks Insiders Are Buying That Analysts Love
McCormick spices on display at a hypermarket
March 26, 2024 8:28 AM ET

McCormick & Company Stock Isn’t Cheap, But It Is Undervalued

Thomas Hughes

McCormick & Company had a solid quarter and reaffirmed good and cautious guidance. The company is building momentum and likely to outperform this year.

NYSE:MKC
Read McCormick & Company Stock Isn’t Cheap, But It Is Undervalued
Tesla Building, Stock Downgrade
March 26, 2024 5:00 AM ET

Tesla Is the Analyst's Most Downgraded Stock: How Low Can It Go?

Thomas Hughes

Tesla is getting downgraded on demand concerns unlikely to go away soon. The stock is at critical support and may break it, opening the door to $120.

NASDAQ:TSLA
Read Tesla Is the Analyst's Most Downgraded Stock: How Low Can It Go?
The word Dividends and dollar bills. Close up.
March 25, 2024 9:19 AM ET

5 Top-Rated Dividend Stocks With Double-Digit Upside

Thomas Hughes

Marketbeat.com's screening tool for top-rated dividend stocks is a great starting point for income investors looking for new investments opportunities.

NYSE:CPANYSE:AESINYSE:KMPR
Read 5 Top-Rated Dividend Stocks With Double-Digit Upside
Upgraded stocks for Q1
March 25, 2024 8:10 AM ET

These Are The Most Upgraded Stocks From Q1

Thomas Hughes

The list of Most Upgraded stocks has one familiar name in the top three and two rising stars that could see substantial gains in 2024.

NASDAQ:NVDANASDAQ:MUNYSE:TGT
Read These Are The Most Upgraded Stocks From Q1
Members of Congress trades
March 25, 2024 6:55 AM ET

Top 3 Stocks Bought By Members of Congress In the First Quarter

Thomas Hughes

The three hottest stocks bought by members of Congress are Palo Alto Networks, Costco, and Apple but who's buying? Read more to find out!

NASDAQ:COSTNASDAQ:PANWNASDAQ:AAPL
Read Top 3 Stocks Bought By Members of Congress In the First Quarter
Darden Restaurants stock outlook
March 22, 2024 7:20 AM ET

Headwinds for Darden Restaurants are an Opportunity For Investors

Thomas Hughes

Darden Restaurants is well-positioned to improve shareholder value and serve robust capital returns in 2024 and years into the future.

NASDAQ:TXRHNYSE:DRI
Read Headwinds for Darden Restaurants are an Opportunity For Investors
photo of dog with rubber hot dog toy in mouth
March 22, 2024 4:10 AM ET

Oversold and Diverging, Chewy Stock is Ready to Rebound

Thomas Hughes

Chewy.com is on track to improve free cash flow in 2025, driving shareholder value and improving equity while maintaining a healthy balance sheet

NYSE:CHWY
Read Oversold and Diverging, Chewy Stock is Ready to Rebound
KB Homes Stock Price
March 21, 2024 9:30 AM ET

KB Home’s Stock Price Can Move Higher, Here’s Why

Thomas Hughes

KB Home had a solid quarter with revenue growing and margin widening despite deleveraging home prices. Analysts are raising their price targets.

NYSE:KBH
Read KB Home’s Stock Price Can Move Higher, Here’s Why
Market Rally Set to Extend on Fed News
March 21, 2024 9:00 AM ET

Market Rally To Continue After Fed Gives Traders What They Wanted

Thomas Hughes

The S&P 500 advanced to a new high because the FOMC gave the market what it wanted: a path to economic pivot and accelerated GDP growth.

NYSEARCA:SPY
Read Market Rally To Continue After Fed Gives Traders What They Wanted
Micron stock price outlook
March 21, 2024 8:15 AM ET

Micron Is the NVIDIA of Memory Chips: Here’s Why

Thomas Hughes

Micron Technology had an NVIDIA-like quarter in FQ2, leading to improved guidance and a round of analyst revisions leading the market higher.

NASDAQ:NVDANASDAQ:MU
Read Micron Is the NVIDIA of Memory Chips: Here’s Why