Free Trial

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 38

Occidental Petroleum stock
December 27, 2023 8:35 AM ET

Buffett keeps buying Occidental Petroleum, should you? 

Thomas Hughes

Berkshire Hathaway buys more OXY and sends the shares moving up from the bottom of a range; higher prices are ahead and may be reached soon.

NYSE:OXY
Read Buffett keeps buying Occidental Petroleum, should you? 
Micron share price to benefit from multi-year memory upcycle
December 22, 2023 8:30 AM ET

Micron share price to benefit from multi-year memory upcycle

Thomas Hughes

Micron returns to growth and issues a solid outlook for 2024 supported by demand for AI-centric memory and end-market normalization.

NASDAQ:MU
Read Micron share price to benefit from multi-year memory upcycle
Upgrades image of a ticker symbol chart
December 22, 2023 6:19 AM ET

Get ready to ring in the New Year with these upgrades

Thomas Hughes

Analysts are raising their targets and ratings for these hot tech stocks, all supported by secular trends and the rise of AI.

NYSE:CRMNASDAQ:WDAYNASDAQ:ZS
Read Get ready to ring in the New Year with these upgrades
RVs against the mountains: Learn more about RV stocks
December 21, 2023 7:00 AM ET

RV stocks: A comfortable way to ride falling interest rates

Thomas Hughes

RV stocks look like a comfortable way to ride the decline of interest rates as industry normalization, demand and affordability come into alignment.

NYSE:LCIIASX:THRNYSE:THO
Read RV stocks: A comfortable way to ride falling interest rates
Zscaler headquarters campus exterior in Silicon Valley. Zscaler is a global cloud-based information security company - San Jose, CA, USA - 2020
December 20, 2023 11:32 AM ET

Insiders are selling into these rallies

Thomas Hughes

Insiders are selling into rallies in some widely-held names and may cap gains in the near term. However, results and increasing shareholder value support prices

NASDAQ:BRZENYSE:ITNASDAQ:ORLY
Read Insiders are selling into these rallies
Rising sun over the Earth and its landforms, view of Europe, North Africa and Middle East. Elements of this image furnished by NASA
December 20, 2023 8:26 AM ET

It’s high time to take a look at HEICO Corporation

Thomas Hughes

HEICO Corporation enters a hyper-growth phase as it leans into acquisitions to help fuel growth; organic growth is up double-digits with strength expected.

NYSE:TXTNYSE:LMTNYSE:GD
Read It’s high time to take a look at HEICO Corporation
FedEx logo on the side of a building; learn more about FedEx stock
December 20, 2023 7:54 AM ET

Levered for success, FedEx sends shockwaves through the market

Thomas Hughes

FedEx had a weaker-than-expected quarter sending ripples of fear through the market; economic activity is weak and weakening.

NYSE:UPSNYSE:FDX
Read Levered for success, FedEx sends shockwaves through the market
Gold ingot resting on a gold stocks and shares graph representing investment or banking
December 20, 2023 7:30 AM ET

This is a golden time to buy gold stocks

Thomas Hughes

Gold miners are set up for a golden year and technical indications suggest upward movement in their stock prices, aided by robust dividends.

NYSE:NEMNYSE:GOLDNYSE:AEM
Read This is a golden time to buy gold stocks
fuelcell energy logo displayed on mobile device
December 20, 2023 4:15 AM ET

FuelCell Energy could be turning a corner 

Thomas Hughes

FuelCell Energy had a mixed quarter but could be turning a corner with large projects ready for commercial operation and new in the wings

NASDAQ:FCEL
Read FuelCell Energy could be turning a corner 
Wingstop restaurant exterior and logo. Wingstop Restaurants, Inc. is a chain of restaurants.
December 19, 2023 7:54 AM ET

Wingstop due for a correction, but don’t fly the coop

Thomas Hughes

Wingstop is a high-quality growth name that has flown to close to the sun, the stock is due for a correction and it could be a deep one.

NYSE:CMGNASDAQ:WING
Read Wingstop due for a correction, but don’t fly the coop
BEV market , hybrid market
December 19, 2023 5:00 AM ET

BEVs are out, hybrids are in; here’s where to invest

Thomas Hughes

EVs may be the future of the green movement but hybrids are the now; major OEMs cut back on EV plans while others lean into hybrids.

NASDAQ:AMZNNYSE:WMTNASDAQ:PLUG
Read BEVs are out, hybrids are in; here’s where to invest
semiconductor chip on circuit board
December 19, 2023 4:10 AM ET

Top semiconductor stocks for 2024 that aren’t NVIDIA 

Thomas Hughes

NVIDIA stands to lose market share to up-and-comers like Advanced Micro Devices and Intel which are launching powerful AI chips in 2024

NASDAQ:INTCNASDAQ:MUNASDAQ:AMD
Read Top semiconductor stocks for 2024 that aren’t NVIDIA 
Roblox Stock price
December 18, 2023 9:35 AM ET

Roblox isn’t dead, but the metaverse is

Thomas Hughes

Roblox analysts are shifting gears following news pointing to improved and improving free cash flow for this metaverse (Internet) company.

NASDAQ:METANYSE:RBLX
Read Roblox isn’t dead, but the metaverse is
Darden Restaurants Stock
December 18, 2023 8:40 AM ET

Darden Restaurants and the slow grind of success

Thomas Hughes

Darden Restaurants had a solid quarter driving healthy cash flow and share holder returns that are expected to continue in 2024 and 2025.

NYSE:DRI
Read Darden Restaurants and the slow grind of success
White truck driving by entrance facade of Costco Wholesale storefront. It is the largest membership-only warehouse club in USA, sunny summer cloud blue sky
December 16, 2023 6:00 AM ET

It’s a special time to buy into Costco

Thomas Hughes

Costco issued a special dividend declaration that has shares up more than 3% and there is sufficient evidence to believe another special will come by 2026.

nyse:cost
Read It’s a special time to buy into Costco
Lennar: 3 reasons to buy the dip in this cash flow machine
December 15, 2023 7:56 AM ET

Lennar: 3 reasons to buy the dip in this cash flow machine

Thomas Hughes

The homebuilders sustain robust cash flow and Lennar is among the best, lowering debt while building cash, buying back shares and paying dividends.

NYSE:LENNYSE:LEN-B
Read Lennar: 3 reasons to buy the dip in this cash flow machine
Jabil Inc Stock price
December 14, 2023 10:30 AM ET

Jabil, Inc. manufactures value for shareholders

Thomas Hughes

Jabil, Inc. had a better-than-feared quarter marked by margin expansion and profit growth in the face of revenue decline: share repurchases are robust.

NYSE:JBL
Read Jabil, Inc. manufactures value for shareholders
Adobe Stock Price
December 14, 2023 9:21 AM ET

Adobe stumbles into another buy-the-dip opportunity

Thomas Hughes

Adobe's results echo Oracle and point to a market reset that should result in a buy-the-dip opportunity and higher share prices in 2024.

NYSE:ORCLNASDAQ:ADBE
Read Adobe stumbles into another buy-the-dip opportunity
Insider buys on stocks
December 14, 2023 6:10 AM ET

December’s hot insider buys have a catalyst for higher prices

Thomas Hughes

Insiders are buying these stocks and they all have catalysts for significant upside; in some cases, triple digits and dividends are also in play.

NYSE:PCTNYSE:DARNASDAQ:COMM
Read December’s hot insider buys have a catalyst for higher prices
High-Yield stocks
December 14, 2023 5:25 AM ET

4 BUY-rated high-yield stocks with at least 25% of upside

Thomas Hughes

These stocks turned up on a screen using Marketbeat tools; they all have a minimum 25% of upside at the consensus and pay more than 4% yield.

NYSE:CNQTSE:TDNYSE:TD
Read 4 BUY-rated high-yield stocks with at least 25% of upside
Airline stocks
December 14, 2023 5:22 AM ET

Jetblue raises guidance: Can the airlines take flight in 2024? 

Thomas Hughes

Airline stocks are moving up after Jetblue raised guidance. The data points to a record year for the sector so share prices may soar in 2024.

NASDAQ:AALNASDAQ:JBLUNYSE:DAL
Read Jetblue raises guidance: Can the airlines take flight in 2024? 
Utility stocks
December 14, 2023 5:17 AM ET

The most upgraded utility stocks, and why it matters

Thomas Hughes

Utility stocks and the utility sector stand to provide significant returns in 2024 that include upward price movement and dividend growth.

NYSEARCA:XLUNYSE:VSTNYSE:SO
Read The most upgraded utility stocks, and why it matters
Consumer Staples Stocks
December 13, 2023 7:00 AM ET

Hot upgrades in beaten-down, high-yield consumer staples

Thomas Hughes

Consumer staples stocks underperform the market in 2023 but are set up to shoot higher and the analysts are priming the cannon.

NYSEARCA:XLPNYSE:SJMNYSE:CLX
Read Hot upgrades in beaten-down, high-yield consumer staples
Rev Group Stock
December 13, 2023 6:25 AM ET

REV Group is a speculative buy for 2024

Thomas Hughes

Specialty vehicle maker REV Group is firing on all cylinders after operational improvements take hold; guidance is raised and the dividend is as safe as ever.

NYSE:REVG
Read REV Group is a speculative buy for 2024