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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 36

J.B. Hunt stock at an inflection point with new highs in sight
January 19, 2024 6:45 AM ET

J.B. Hunt stock at an inflection point with new highs in sight

Thomas Hughes

J.B. Hunt Transport Services had a mixed quarter, but cash flow is sufficient, and the outlook is improving, so an inflection point is at hand.

NASDAQ:JBHT
Read J.B. Hunt stock at an inflection point with new highs in sight
Cash-cow Kinder Morgan is a buy for income seekers
January 19, 2024 5:10 AM ET

Cash-cow Kinder Morgan is a buy for income seekers

Thomas Hughes

Kinder Morgan had a weak Q4, but cash flow and capital returns are solid. The guidance includes cash flow growth and a dividend increase.

NYSE:KMI
Read Cash-cow Kinder Morgan is a buy for income seekers
Is the bottom in for bellwether Alcoa?
January 18, 2024 7:12 AM ET

Is the bottom in for bellwether Alcoa?

Thomas Hughes

Alcoa had a better-than-expected quarter and is expected to return to profits soon; there is some risk with cash balances falling but it can sustain dividends.

NASDAQ:JBHTNYSE:AA
Read Is the bottom in for bellwether Alcoa?
3 construction stocks you need to know about
January 18, 2024 6:00 AM ET

3 construction stocks you need to know about

Thomas Hughes

Housing stocks, including building material makers like Acuity Brands and JELD-WEN, are forecast to return to growth and widen their margins in 2024.

NYSE:DOORNYSE:JELDNYSE:AYI
Read 3 construction stocks you need to know about
Wait to buy the dip in these 2 cybersecurity stocks
January 18, 2024 5:25 AM ET

Wait to buy the dip in these 2 cybersecurity stocks

Thomas Hughes

Cybersecurity stocks have been on fire, but a pair of new analyst revisions suggest a top is in, and a correction will follow; read on to see how deep.

NASDAQ:ZSNASDAQ:CRWD
Read Wait to buy the dip in these 2 cybersecurity stocks
3 downgraded names you can buy into
January 17, 2024 7:00 AM ET

3 downgraded names you can buy into

Thomas Hughes

Analysts trimmed their targets for these stocks but are still rated at Moderate Buy with significant upside potential for investors this year.

NYSE:DVNNYSE:NKENYSE:HD
Read 3 downgraded names you can buy into
Yes, Morgan Stanley can hit a record-high this year
January 17, 2024 6:00 AM ET

Yes, Morgan Stanley can hit a record-high this year

Thomas Hughes

Morgan Stanley had a solid quarter with dividends and repurchases compounded by improved ROTCE and book value; this stock could set a new high this year.

NYSE:MS
Read Yes, Morgan Stanley can hit a record-high this year
A 50% upside for AMD? Here’s how
January 17, 2024 4:50 AM ET

A 50% upside for AMD? Here’s how

Thomas Hughes

Advanced Micro Devices' stock price outlook is supported by robust demand for AI and the launch of its MI-300 chipsets; new highs are expected soon.

NYSE:TSMNYSE:BCSNYSE:BAC
Read A 50% upside for AMD? Here’s how
Building and sign bank; learn more about bank stocks to buy on the dip
January 16, 2024 6:00 AM ET

3 high-yielding, small banks to buy on the dip

Thomas Hughes

These regional banks are in a solid position to pay their dividends in 2024; a strong tailwind is expected to develop by the end of the year and drive growth.

NYSE:CADENASDAQ:VLYNASDAQ:OZK
Read 3 high-yielding, small banks to buy on the dip
Insider Buys Stocks
January 15, 2024 6:59 AM ET

Insidertrades.com uncovers the hottest insider activity from 2023

Thomas Hughes

Insiders were actively buying and selling in 2023; this is a look at the top stocks bought and sold by insiders in 2023 and why.

NASDAQ:TEAMNYSE:WMTNYSE:SCHW
Read Insidertrades.com uncovers the hottest insider activity from 2023
JP Morgan stock price
January 12, 2024 8:45 AM ET

20% upside for JPMorgan Chase stock? Here’s how

Thomas Hughes

JPMorgan Chase and Co. reported a solid quarter, with NII juicing the bottom line. The cash balance and tier 1 ratio are up and capital is flowing to investors.

NYSE:JPM
Read 20% upside for JPMorgan Chase stock? Here’s how
Image of Delta Air Lines plane taking off
January 12, 2024 7:57 AM ET

Delta Air Lines: A buy-the-dip stock with ample upside

Thomas Hughes

Delta Air Lines had a solid Q4 and gave favorable guidance, but markets wanted more. Shares are down 5% in early trading, setting up a buy-the-dip opportunity.

NYSE:DAL
Read Delta Air Lines: A buy-the-dip stock with ample upside
Infosys stock sets up for growth, supported by AI
January 12, 2024 5:34 AM ET

Infosys stock sets up for growth, supported by AI

Thomas Hughes

Infosys' globally and industrially diversified business is a foundation for solid growth in the back half of 2024, and the analysts are upgrading the stock.

NYSE:UBSNYSE:JPMNYSE:INFY
Read Infosys stock sets up for growth, supported by AI
Semiconductor stocks 2024
January 12, 2024 5:24 AM ET

Semiconductor sales grow; acceleration is in the forecast

Thomas Hughes

Semiconductor sales returned to growth in Q4 2023 and are on track to grow by double-digits in 2024, led by AI and data center demand.

NASDAQ:INTCNASDAQ:AMDNASDAQ:SOXX
Read Semiconductor sales grow; acceleration is in the forecast
Stock upgrades
January 12, 2024 5:00 AM ET

2 eCommerce upgrades that you can buy into

Thomas Hughes

Analysts are upgrading these retail stocks due to an expectation for margin improvement and top-line growth this year and next.

NASDAQ:ARHSNYSE:RHNYSE:WSM
Read 2 eCommerce upgrades that you can buy into
KB homes stock price
January 11, 2024 7:11 AM ET

4 reasons to buy the dip in KB Home

Thomas Hughes

KB Home had a tough quarter but generated significant cash, improved shareholder value and forecast a good year with new orders up triple digits.

NYSE:KBH
Read 4 reasons to buy the dip in KB Home
WD 40 stock price
January 11, 2024 5:39 AM ET

WD-40 Company Stock: Reversal with room to run

Thomas Hughes

WD-40 is on track to rally higher in the first half of 2024, and it may reclaim all-time highs set early in the pandemic bubble.

NASDAQ:WDFC
Read WD-40 Company Stock: Reversal with room to run
illustration of pixelized tech background with word Enterprise in foreground
January 11, 2024 4:10 AM ET

SGH transformation gains momentum

Thomas Hughes

SGH had a mixed quarter, but repositioning for growth and margin is taking effect. The long-term outlook includes a return to growth and for EPS to double

NASDAQ:SGH
Read SGH transformation gains momentum
PriceSmart Logo - stock price
January 10, 2024 7:33 AM ET

PriceSmart is a smart play for 2024 with multiple tailwinds

Thomas Hughes

PriceSmart surges on solid results and cash flow that support dividends and repurchases. The market is up 10% and may sustain a rally in the first half of 2024.

NASDAQ:COSTNASDAQ:PSMTNYSE:WMT
Read PriceSmart is a smart play for 2024 with multiple tailwinds
Bark inc stock price
January 10, 2024 5:58 AM ET

Penny stock watch: Is it time to take a bit out of BARK, Inc.?

Thomas Hughes

Bark, Inc. issued favorable guidance and shares are soaring, but short-sellers are in the mix and may cap gains. A move to $1.00 may be all she wrote.

NYSE:CHWYNYSE:BARK
Read Penny stock watch: Is it time to take a bit out of BARK, Inc.?
stocks upgraded 2024
January 10, 2024 5:32 AM ET

The 4 most upgraded stocks in the first week of 2024

Thomas Hughes

Analysts' activity has been robust in the first week of 2024. Many of the most actively traded names getting numerous upgrades and price target revisions.

NYSE:CMGNASDAQ:LULUNYSE:PPG
Read The 4 most upgraded stocks in the first week of 2024
Danaher stock price outlook
January 10, 2024 5:05 AM ET

Will Danaher stock hit new highs in 2024?

Thomas Hughes

Danaher raises guidance, sending shares higher, but the move may not last. Resistance is just above current levels and may cap gains until later in the year.

NYSE:DHR
Read Will Danaher stock hit new highs in 2024?
Acuity Brands Stock price
January 9, 2024 6:45 AM ET

Acuity Brands stock: A good play on falling rates

Thomas Hughes

Acuity Brands had a decent quarter, with margin expanding significantly and raising the expectations for 2024. The stock is moving higher but faces resistance.

NYSE:AYI
Read Acuity Brands stock: A good play on falling rates
five below stock price
January 9, 2024 6:10 AM ET

Five Below falls below EMA; is it time to buy the dip?

Thomas Hughes

Five Below reaffirmed its guidance, but the market wanted more. Now, the stock is down 5% and in a position where sell-siders may buy the dip.

NASDAQ:FIVE
Read Five Below falls below EMA; is it time to buy the dip?