Free Trial

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 40

Foot Locker stock outlook
November 30, 2023 6:54 AM ET

Foot Locker gets a fresh wind, shares surge 

Thomas Hughes

Foot Locker isn't out of the woods yet but the path forward is clearer than ever with an international growth effort also in the cards.

NYSE:FL
Read Foot Locker gets a fresh wind, shares surge 
AI Powered Insights MarketBeat
November 30, 2023 5:00 AM ET

Marketbeat’s AI-powered tools for investors

Thomas Hughes

Marketbeat.com is getting on board the AI bandwagon with the launch of its latest tool, the AI Pros and Cons feature listed on the top 1000 traded stocks.

NYSE:SHOPNASDAQ:MSFT
Read Marketbeat’s AI-powered tools for investors
MarketBeat Top Rated stocks
November 30, 2023 5:00 AM ET

The top-rated strong-buy stocks on Marketbeat’s radar

Thomas Hughes

Marketbeat.com tracks and ranks stocks based on their analysts sentiment score; this is a look at the 3 top-rated stocks on the platform in November.

NYSE:AESINASDAQ:WTFCNYSE:DBRG
Read The top-rated strong-buy stocks on Marketbeat’s radar
Workday sign and logo at headquarters building facade in Silicon Valley. Workday Inc. is on demand software vendor - Pleasanton, California, USA - 2019
November 29, 2023 8:00 AM ET

Workday works out a new high: Higher highs are still to come

Thomas Hughes

Workday had a solid quarter leading to increased guidance, analyst revisions and a 10% pop in share prices that may lead to higher highs this year.

NASDAQ:WDAY
Read Workday works out a new high: Higher highs are still to come
Stock sectors for 2024
November 29, 2023 7:05 AM ET

These are the top sectors for blue chip growth in 2024

Thomas Hughes

The sector results will be mixed in 2024 but the Health Care, Communications and Technology sectors (and some of their stocks) will post robust gains.

NYSEARCA:SPYNYSEARCA:XLKNYSEARCA:XLC
Read These are the top sectors for blue chip growth in 2024
Christmas gift US dollar money cash background
November 29, 2023 5:26 AM ET

Santa Rally comes early for these stocks

Thomas Hughes

The analysts are upgrading these stocks and are helping an early Santa Claus Rally drive their prices to new highs, with a double-digit upside ahead.

NYSE:SNNNASDAQ:LASRNASDAQ:CROX
Read Santa Rally comes early for these stocks
Stocks to buy
November 29, 2023 5:00 AM ET

3 stocking stuffers you can buy for yourself

Thomas Hughes

These low-beta, deep-value high-yielding stocks are perfect stocking stuffers, even if you buy them for yourself. Rebound is expected in 2024.

NASDAQ:ISTRNYSE:SJMNYSE:BMY
Read 3 stocking stuffers you can buy for yourself
Christmas List stock to buy
November 28, 2023 7:40 AM ET

5 stocks for the Christmas wishlist: Hoping for a pullback

Thomas Hughes

The analysts are pushing these stocks higher and new highs are in sight; a dip may not come or come soon but investors should be ready for when and if it does.

NASDAQ:METANASDAQ:MSFTNASDAQ:NVDA
Read 5 stocks for the Christmas wishlist: Hoping for a pullback
zscaler stock price
November 28, 2023 7:23 AM ET

This is a buy-the-dip opportunity in Zscaler

Thomas Hughes

Zscaler results were solid but led the market to fall 5% setting up a buy-the-dip opportunity in a stock that should complete a full reversal soon.

NASDAQ:CHKPNASDAQ:ZS
Read This is a buy-the-dip opportunity in Zscaler
The most active insider sales: Stocks to put on your radar
November 28, 2023 6:23 AM ET

The most active insider sales: Stocks to put on your radar

Thomas Hughes

Insiders are selling these stocks but investors shouldn't. They are supported by secular trends including digitization and deepening penetration of services.

NYSE:JBLNASDAQ:DDOGNASDAQ:BRZE
Read The most active insider sales: Stocks to put on your radar
Microsoft stock forecast
November 27, 2023 7:55 AM ET

Is Microsoft the NVIDIA Killer? 

Thomas Hughes

Microsoft announced proprietary microchips for AI and cloud services that may threaten NVIDIA over time; NVIDIA will remain the leader but may lose share.

NASDAQ:AMDNASDAQ:NVDANASDAQ:MSFT
Read Is Microsoft the NVIDIA Killer? 
Automation factory with Symbotic
November 24, 2023 6:31 AM ET

It’s not too late to buy Symbotic, an AI-powered automation stock

Thomas Hughes

Symbotic shoots higher as results outpace consensus and guidance is raised; analysts are driving this market and may send it to a new high soon.

OTCMKTS:SFBQFNASDAQ:SYM
Read It’s not too late to buy Symbotic, an AI-powered automation stock
Image that says opportunity ahead on a road sign
November 22, 2023 7:00 AM ET

4 deep values for opportunistic investing

Thomas Hughes

Analysts' sentiment helped to lower the share prices of these stocks but the moves are overextended and provide deep value for opportunistic investors.

NYSE:HHHNYSE:BNYSE:JCI
Read 4 deep values for opportunistic investing
medtronic logo on sign outside corporate headquarters
November 22, 2023 4:30 AM ET

Medtronic: oversold, overextended high yield reversal in play

Thomas Hughes

The reversal in Medtronic has been brewing for some time but is gaining traction after strong second quarter earnings that came with improved guidance

NYSE:ABTNYSE:SYKNYSE:MDT
Read Medtronic: oversold, overextended high yield reversal in play
close=up image of lowe's storefront with blue skies
November 22, 2023 4:20 AM ET

Is Lowe’s still a better buy than Home Depot?

Thomas Hughes

Lowe's or Home Depot depends on the time horizon; the longer you have, the more attractive Lowe's shares will be with its outlook for growth.

NYSE:HDNYSE:LOW
Read Is Lowe’s still a better buy than Home Depot?
Zoom Video Communications on an ipad
November 21, 2023 7:44 AM ET

Zoom Video Communications: A tech phoenix ready to rise

Thomas Hughes

Zoom Video Communications had a solid quarter, outperforming the analysts and raising guidance above the target range; all it needs is a catalyst to rise again

NASDAQ:DBXNASDAQ:ZM
Read Zoom Video Communications: A tech phoenix ready to rise
photo of customers in unnamed warehouse club
November 21, 2023 4:21 AM ET

Membership clubs gain leverage for the consumer rebound

Thomas Hughes

Membership clubs remain strong investments despite a downshift in growth; new member counts are accelerating and provide leverage for the next spending cycle.

NYSE:WMTNYSE:BJNYSE:TJX
Read Membership clubs gain leverage for the consumer rebound
Upgrade text on modern laptop screen
November 20, 2023 11:11 AM ET

The most upgraded stocks in November have two things in common

Thomas Hughes

Marketbeat's most upgraded Stocks list is a who's who of tech names able to monetize AI today; they all report earnings soon and may catalyze their markets.

NASDAQ:SPLKNASDAQ:WDAYNYSE:CRM
Read The most upgraded stocks in November have two things in common
Santa Claus decoration on top of the entrance of Macys herald square store during the Christmas Holiday.
November 20, 2023 9:00 AM ET

Target these 3 hot retail stocks for Black Friday deals

Thomas Hughes

Retail names are putting in mixed performances but these discretionary names are ready to move higher on solid earnings and capital return outlook.

NYSEARCA:XRTNYSEARCA:XLYNYSE:TGT
Read Target these 3 hot retail stocks for Black Friday deals
Image of Target logo on the side of a store
November 20, 2023 8:03 AM ET

An inside day for Target says another sell-off looms

Thomas Hughes

Target shares are up significantly following the third-quarter release but traders should not get complacent. An inside day points to indecision and reversal.

NYSE:KSSNYSE:TGTNYSE:TJX
Read An inside day for Target says another sell-off looms
Johnson Controls International logo
November 17, 2023 11:45 AM ET

Johnson Controls International: Nothing but upside for investors

Thomas Hughes

Johnson Controls International is a stock with nothing but an upside, showing a solid bottom and the potential for a sharp reversal.

NYSE:TTNYSE:CARRNYSE:JCI
Read Johnson Controls International: Nothing but upside for investors
williams sonoma storefront in california
November 17, 2023 4:25 AM ET

Williams-Sonoma is a steal for buy-and-hold investors

Thomas Hughes

Williams-Sonoma is a high-quality dividend-paying stock with a long trajectory for distribution increases and share repurchases

NYSE:TGTNYSE:WMTNASDAQ:COST
Read Williams-Sonoma is a steal for buy-and-hold investors
Palo Alto Networks stock price
November 16, 2023 10:15 AM ET

Palo Alto Networks: the one security stock to rule them all

Thomas Hughes

cyber security leader Palo Alto Networks fell into another buying opportunity following a solid report and a raised to guidance.

NASDAQ:CRWDNYSE:NETNASDAQ:ZS
Read Palo Alto Networks: the one security stock to rule them all
Walmart Stock price outlook
November 16, 2023 7:10 AM ET

Is it time to buy the dip in Walmart shares?

Thomas Hughes

Walmart gains shares against Target and sets itself up for another year of growth in 2024 that will drive dividend gains and share repurchases.

NYSE:WMT
Read Is it time to buy the dip in Walmart shares?