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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 39

Oracle Stock price
December 13, 2023 5:35 AM ET

Oracle’s "weak" results amplifies the outlook for AI accelerators

Thomas Hughes

Oracle had a solid quarter but came in weak on a shortfall in capacity which can mean only one thing: increased demand for accelerators from NVDA and AMD.

NASDAQ:AMDNASDAQ:NVDANYSE:ORCL
Read Oracle’s "weak" results amplifies the outlook for AI accelerators
old computer Chip Processors
December 13, 2023 5:08 AM ET

4 reasons why AMD stock will hit a new all-time high in 2024

Thomas Hughes

Advanced Micro Devices is advancing the AI accelerator market and aims to maintain a solid foothold in this rapidly expanding market.

NASDAQ:MSFTNYSE:ORCLNASDAQ:META
Read 4 reasons why AMD stock will hit a new all-time high in 2024
Retail stocks for 2024
December 12, 2023 7:38 AM ET

The most upgraded retail stocks that should be on your radar

Thomas Hughes

Retailers have been beaten up this year, but not all suffer the same fate; many continue to grow and some that aren't now, will and pay solid dividends.

NYSE:WSMNYSE:DPZNASDAQ:WING
Read The most upgraded retail stocks that should be on your radar
short interest stocks
December 12, 2023 5:17 AM ET

3 high short-interest retail stocks to buy on the dip

Thomas Hughes

These retailers suffer from high short interest that may lead them to fall soon. All are high-quality names investors want to buy on the dip.

NYSEARCA:XRTNASDAQ:CROXNYSE:KSS
Read 3 high short-interest retail stocks to buy on the dip
Macys Stock Buyout
December 11, 2023 7:01 AM ET

Macy’s buy-out signals deep value in the retail sector

Thomas Hughes

Macy's buy-out offer points to deep values in the retail sector that income and growth investors should take note of; more than one name is set to rebound.

NYSE:WMTNYSE:TGTNYSE:TJX
Read Macy’s buy-out signals deep value in the retail sector
Broadcom stock price chart
December 8, 2023 7:59 AM ET

Broadcom falls into a buy-the-dip opportunity 

Thomas Hughes

Broadcom shares pulled back after reporting a beat-and-raise quarter accompanied by a record margin and a 14% dividend increase.

NASDAQ:AVGO
Read Broadcom falls into a buy-the-dip opportunity 
Braze Stock Price outlook
December 7, 2023 7:45 AM ET

The rally in Braze, Inc. gains momentum: 30% upside potential

Thomas Hughes

Braze, Inc. had a blowout quarter and raised guidance spurring the analysts to raise their price targets for the stock and lead the market higher.

NASDAQ:BRZE
Read The rally in Braze, Inc. gains momentum: 30% upside potential
Insider Buying stocks
December 7, 2023 6:55 AM ET

3 cheap stocks that insiders are buying

Thomas Hughes

The stocks with the most active insider buying changed over the last month putting three new names in the spotlight; all are trading near historic lows.

NASDAQ:RGFNYSE:DARNASDAQ:TKNO
Read 3 cheap stocks that insiders are buying
GameStop stock
December 7, 2023 6:30 AM ET

GameStop: Better than expected is just plain bad news

Thomas Hughes

GameStop had a mixed quarter with better-than-expected earnings but the news wasn't enough to spark the short-squeeze retail investors hope will come.

NYSE:GME
Read GameStop: Better than expected is just plain bad news
Dave & Buster's Restaurant stock price
December 7, 2023 5:20 AM ET

Dave & Buster’s 30% upside is still in PLAY

Thomas Hughes

Dave & Buster's business is normalizing at a level that allows for robust share repurchases that are driving value for investors.

NASDAQ:PLAY
Read Dave & Buster’s 30% upside is still in PLAY
MongoDB stock price
December 6, 2023 6:39 AM ET

Selling the news in MongoDB is a buy-the-dip opportunity

Thomas Hughes

MongoDB is pulling back following a hot report and increased guidance that may be overly cautious given the clear momentum in AI.

NASDAQ:AMZNNASDAQ:GTLBNASDAQ:MSFT
Read Selling the news in MongoDB is a buy-the-dip opportunity
stocks to watch
December 6, 2023 5:12 AM ET

Analysts shift attention to new market leaders in Q4

Thomas Hughes

The top rankings for Most Upgraded stocks changed leaving market leaders like Meta Platforms at risk of topping out while others rally to new highs.

NASDAQ:METANASDAQ:AMZNNASDAQ:NVDA
Read Analysts shift attention to new market leaders in Q4
Metallic illustration of the words zero trust over graphic displaying network security
December 6, 2023 4:08 AM ET

The top five zero trust cybersecurity stocks

Thomas Hughes

Cybersecurity stocks are hot, and none are hotter than the zero trust leaders highlighted in this article; all grow at a high double-digit pace with tailwinds

NASDAQ:OKTANASDAQ:ZSNASDAQ:PANW
Read The top five zero trust cybersecurity stocks
Marvell Technology stock price
December 5, 2023 10:31 AM ET

Marvell Technology at a critical pivot: 30% upside is possible

Thomas Hughes

Marvell Technology is an AI company at an inflection point; legacy weakness is offset by AI strength that has growth back in the forecast.

NASDAQ:MRVL
Read Marvell Technology at a critical pivot: 30% upside is possible
nLIGHT, Inc. stock outlook
December 5, 2023 8:45 AM ET

nLIGHT, Inc. takes aim at a much higher share price 

Thomas Hughes

nLIGHT, Inc. is an emerging tech company focused on lasers and just got a new award from the Army that could lead to significant growth.

NASDAQ:LASR
Read nLIGHT, Inc. takes aim at a much higher share price 
GitLab Stock price
December 5, 2023 7:25 AM ET

GitLab is developing an AI-powered market reversal 

Thomas Hughes

GitLab had a solid quarter with better-than-expected growth and unexpected profits that are compounded by favorable guidance; shares are up double-digits.

NASDAQ:GTLB
Read GitLab is developing an AI-powered market reversal 
Kraft Heinz Stock Price
December 5, 2023 6:35 AM ET

Kraft Heinz watershed moment moves the needle for investors

Thomas Hughes

Kraft Heinz had a watershed quarter in Q3 leading to a new share repurchase authorization; the big news in 2024 could be the 1st dividend increase in years.

NASDAQ:KHC
Read Kraft Heinz watershed moment moves the needle for investors
snowflake Stock Forecast
December 4, 2023 9:12 AM ET

Snowflake’s bullish tailwind is turning into a gale-force wind

Thomas Hughes

Snowflake had a beat-and-raise quarter that spurred the analysts to raise their price targets and lead the market to a new high.

NYSE:SNOW
Read Snowflake’s bullish tailwind is turning into a gale-force wind
Dell stock price outlook
December 4, 2023 7:59 AM ET

Dell Technologies slips into the buy zone

Thomas Hughes

Dell Technologies had a mixed quarter but analysts don't care; while there are hurdles to cross the outlook is bright for AI hardware, software and services.

NYSE:DELL
Read Dell Technologies slips into the buy zone
oil at sunset
December 1, 2023 7:45 AM ET

Energy traders: A rebound is coming

Thomas Hughes

Energy markets pulled back after OPEC+ production cuts but this is a sell-the-news and buy-the-dip opportunity for energy stocks.

NYSEARCA:XLENYSEARCA:USO
Read Energy traders: A rebound is coming
Ambarella Stock Price
December 1, 2023 7:08 AM ET

Ambarella: robust double-digit upside comes into focus

Thomas Hughes

Ambarella is a leader in CV at the edge of computing and is building a portfolio of SoCs that combine CV with AI inference.

NASDAQ:AMBA
Read Ambarella: robust double-digit upside comes into focus
Kroger Stock price
December 1, 2023 5:30 AM ET

Kroger shares are begging to be bought 

Thomas Hughes

Kroger had a solid quarter proving its value to investors. The balance sheet is in fine shape ahead of an expected merger and dividend growth is on tap.

NASDAQ:COSTNYSE:WMTNYSE:ACI
Read Kroger shares are begging to be bought 
Five Below Stock price
November 30, 2023 7:55 AM ET

A 15% gain in store for Five Below after rosy holiday outlook

Thomas Hughes

Five Below is about to rise above its all-time high due to solid results, rosy guidance and an expectation for acceleration in the coming year.

NYSE:TGTNYSE:WMTNYSE:TJX
Read A 15% gain in store for Five Below after rosy holiday outlook
Salesforce stock price
November 30, 2023 7:12 AM ET

Salesforce.com completes a reversal: new all-time high in sight

Thomas Hughes

Salesforce.com reports another beat-and-raise quarter that sent shares soaring; a complete reversal is in play and this stock could set new all-time highs soon.

NYSE:CRM
Read Salesforce.com completes a reversal: new all-time high in sight