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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 35

Microsoft stock to $450? Here’s How 
January 31, 2024 7:22 AM ET

Microsoft stock to $450? Here’s How 

Thomas Hughes

Microsoft stock is on track to move up into the $450 to $490 region soon and that may be a cautious target given the rise of AI and outlook for growth.

NASDAQ:MSFT
Read Microsoft stock to $450? Here’s How 
Advanced Micro Devices is at a significant turning point
January 31, 2024 7:00 AM ET

Advanced Micro Devices is at a significant turning point

Thomas Hughes

Advanced Micro Devices is at a significant turning point with end-market normalization in key markets offsetting strength in AI and Data Center.

NASDAQ:NVDANASDAQ:AMD
Read Advanced Micro Devices is at a significant turning point
4 med tech stocks with improving prognosis for 2024
January 31, 2024 5:20 AM ET

4 med tech stocks with improving prognosis for 2024

Thomas Hughes

MedTech stocks have had plenty of reason to rally over the last year but haven't. That is about to change with growth accelerating in 2024 and 2025.

NYSE:SYKNASDAQ:ISRGNYSE:ABT
Read 4 med tech stocks with improving prognosis for 2024
Starbucks perks up on margin strength: Are new highs in sight?
January 31, 2024 5:12 AM ET

Starbucks perks up on margin strength: Are new highs in sight?

Thomas Hughes

Starbucks had a solid quarter and generated significant cash flow and earnings but failed to meet expectations and lowered guidance; the downtrend may continue.

NYSE:CNYSE:BCSNASDAQ:SBUX
Read Starbucks perks up on margin strength: Are new highs in sight?
PulteGroup can set a new high in 2024
January 31, 2024 5:00 AM ET

PulteGroup can set a new high in 2024

Thomas Hughes

PulteGroup had a tough quarter, but cash flow is robust, and there is a return to growth at hand, so this stock can easily set new highs in 2024

NYSE:PHM
Read PulteGroup can set a new high in 2024
Crane can fly to new highs in 2024
January 31, 2024 4:05 AM ET

Crane can fly to new highs in 2024

Thomas Hughes

Crane Company is growing its business with the aid of acquisitions, and it is in a position to continue its trend in 2024

NYSE:CXTNYSE:CR
Read Crane can fly to new highs in 2024
Does UPS stock going down present an opportunity?
January 30, 2024 6:45 AM ET

Does UPS stock going down present an opportunity?

Thomas Hughes

United Parcel Service had a weak quarter offset by margin strength and dividend growth. The stock fell more than 5% on the news, confirming the downtrend.

NYSE:UPS
Read Does UPS stock going down present an opportunity?
Yes, Colgate-Palmolive can clean its way to a fresh all-time high
January 30, 2024 4:03 AM ET

Yes, Colgate-Palmolive can clean its way to a fresh all-time high

Thomas Hughes

Colgate-Palmolive is in an upswing driven by analysts' sentiment and results; it may experience a price-multiple expansion and hit new highs this year

NYSE:CL
Read Yes, Colgate-Palmolive can clean its way to a fresh all-time high
These are the 4 hottest stocks insiders bought in January
January 29, 2024 12:00 PM ET

These are the 4 hottest stocks insiders bought in January

Thomas Hughes

Insiders are buying these stocks, but not all are good buys for investors or bullish traders; avoid stocks with high short interest, no revenue, and no earnings

NASDAQ:OPKNASDAQ:YORWNASDAQ:CTBI
Read These are the 4 hottest stocks insiders bought in January
Intel Q4 results: A bad sign for tech earnings 
January 29, 2024 8:25 AM ET

Intel Q4 results: A bad sign for tech earnings 

Thomas Hughes

Intel's turnaround is on track and gaining momentum, but it is not quite as strong as the analysts had hoped, leading them to reset their sentiment

NASDAQ:MSFTNASDAQ:GOOGNASDAQ:META
Read Intel Q4 results: A bad sign for tech earnings 
3 high-yielding Dividend Kings: Buy, sell or hold?
January 26, 2024 8:17 AM ET

3 high-yielding Dividend Kings: Buy, sell or hold?

Thomas Hughes

These Dividend Kings have higher-than-average yields relative to the broad market and catalysts to drive their shares higher over the long term.

NYSE:ADMNYSE:CLNYSE:PG
Read 3 high-yielding Dividend Kings: Buy, sell or hold?
ASML reaches inflection point with 100% upside in sight
January 26, 2024 5:27 AM ET

ASML reaches inflection point with 100% upside in sight

Thomas Hughes

ASML had a solid quarter but gave cautious guidance. An increase in net bookings suggests a rebound and acceleration that could take the stock price higher.

NASDAQ:KLACNASDAQ:NVDANASDAQ:ASML
Read ASML reaches inflection point with 100% upside in sight
Lockheed Martin and RTX Corporation: One to buy, one to let fly?
January 26, 2024 5:23 AM ET

Lockheed Martin and RTX Corporation: One to buy, one to let fly?

Thomas Hughes

RTX and Lockheed Martin had decent quarters, but a crucial difference has analyst sentiment shifting, and one stock is rising while the other is falling.

NYSE:LMTNYSE:RTX
Read Lockheed Martin and RTX Corporation: One to buy, one to let fly?
Abbott Laboratories on track for new highs in 2024 
January 25, 2024 8:04 AM ET

Abbott Laboratories on track for new highs in 2024 

Thomas Hughes

Abbott Laboratories is a solid dividend play whose underlying business is returning to growth after years of COVID-19 impact.

NYSE:RJFNYSE:JPMNASDAQ:ISRG
Read Abbott Laboratories on track for new highs in 2024 
The EV bubble burst: Tesla looks to the future but wait to buy in
January 25, 2024 7:22 AM ET

The EV bubble burst: Tesla looks to the future but wait to buy in

Thomas Hughes

Tesla struggled in Q4 as price cuts dug into the top and bottom lines. Demand for EVs is slacking off, and 2024 will be slow for the industry.

NASDAQ:ENVXNYSE:AMPXNASDAQ:PLUG
Read The EV bubble burst: Tesla looks to the future but wait to buy in
Verizon and AT&T: One is a high-yield value, the other a trap
January 25, 2024 6:00 AM ET

Verizon and AT&T: One is a high-yield value, the other a trap

Thomas Hughes

Verizon and AT&T are high-yielding values, but only one has the potential to extend its share price rebound significantly in 2024.

NYSE:TNYSE:VZ
Read Verizon and AT&T: One is a high-yield value, the other a trap
Intuitive Surgical’s post-earnings dip is a healthy time to buy
January 25, 2024 5:10 AM ET

Intuitive Surgical’s post-earnings dip is a healthy time to buy

Thomas Hughes

Intuitive Surgical had a solid quarter, but strength was expected, and the stock sold off; a healthy correction is good, but will investors buy the dip?

NYSE:JNJNASDAQ:ISRG
Read Intuitive Surgical’s post-earnings dip is a healthy time to buy
Will leverage and pricing power drive Netflix to a record high?
January 24, 2024 8:18 AM ET

Will leverage and pricing power drive Netflix to a record high?

Thomas Hughes

Netflix had a strong quarter and is guiding for more of the same in 2024, a trend that could lift this stock to a new all-time high by mid-year.

NASDAQ:NFLX
Read Will leverage and pricing power drive Netflix to a record high?
Is it a logical time to buy Logitech?
January 24, 2024 8:07 AM ET

Is it a logical time to buy Logitech?

Thomas Hughes

Logitech had a solid quarter with expanding margins. The guidance is favorable and has this market set up to rebound soon.

NASDAQ:LOGI
Read Is it a logical time to buy Logitech?
Procter & Gamble: a trend-following signal for income investors
January 23, 2024 7:45 AM ET

Procter & Gamble: a trend-following signal for income investors

Thomas Hughes

Proctor & Gamble had a solid quarter with ample FCF to support the capital return outlook; analysts view this stock as undervalued.

NYSE:PG
Read Procter & Gamble: a trend-following signal for income investors
Johnson & Johnson's stock price is at a critical turning point
January 23, 2024 6:12 AM ET

Johnson & Johnson's stock price is at a critical turning point

Thomas Hughes

Johnson & Johnson's dividend is safe for 2024 and may include another increase for this Dividend King. Results suggest another solid quarter for medtech.

NYSE:ABTNYSE:JNJ
Read Johnson & Johnson's stock price is at a critical turning point
Talos Energy Inc. insiders are buying. Should you?
January 23, 2024 5:00 AM ET

Talos Energy Inc. insiders are buying. Should you?

Thomas Hughes

Insiders and institutions scooped up significant quantities of Talos Energy in 2023. The company is making acquisitions and is expected to post solid growth now

NYSE:TALO
Read Talos Energy Inc. insiders are buying. Should you?
SLB drills down to a trend-following signal for income investors
January 19, 2024 7:45 AM ET

SLB drills down to a trend-following signal for income investors

Thomas Hughes

SLB's oilfield supercycle is still in play and providing robust cash flow. The company forecasts another year of strong top-line growth, dividends and buybacks.

NYSE:SLB
Read SLB drills down to a trend-following signal for income investors
Bullfrog AI: advancing technologies in leaps and bounds
January 19, 2024 7:06 AM ET

Bullfrog AI: advancing technologies in leaps and bounds

Thomas Hughes

Bullfrog AI is an emerging AI-powered medtech with a platform that proves helpful in detecting diagnoses and opening paths to new treatments.

NASDAQ:BFRG
Read Bullfrog AI: advancing technologies in leaps and bounds