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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 41

red tjx logo on white background
November 16, 2023 4:12 AM ET

5 reasons TJX Companies will hit new highs in 2024

Thomas Hughes

The TJX Companies had a solid quarter showing that off-price retail is gaining momentum while Target is losing ground. One stock will shine in 2024

NASDAQ:ROSTNASDAQ:OLLINYSE:BURL
Read 5 reasons TJX Companies will hit new highs in 2024
ambarella logo on company headquarters
November 16, 2023 4:07 AM ET

Game-changing news for Ambarella puts the market in reversal

Thomas Hughes

Ambarella scored a huge win with Canopy security systems. The industry-leading technology will upset automotive security

NYSE:ADTNYSE:FNASDAQ:AMBA
Read Game-changing news for Ambarella puts the market in reversal
5 must-have next-gen technologies that institutions are buying
November 15, 2023 7:23 AM ET

5 must-have next-gen technologies that institutions are buying

Thomas Hughes

Next-gen technologies can lead to early retirement if you choose the right ones to invest in. Following smart money can help mitigate risk.

NYSE:AMPXNYSE:JOBYNYSE:PATH
Read 5 must-have next-gen technologies that institutions are buying
woman stretching on top of hill at sunset
November 15, 2023 6:25 AM ET

3 specialty apparel makers ready to spring higher 

Thomas Hughes

Specialty apparel and sporting goods stocks like ON Holding, Nike, and Lululemon are outperforming industry peers and on track for higher share prices

NYSE:ONONNYSE:NKENASDAQ:LULU
Read 3 specialty apparel makers ready to spring higher 
Tower Semiconductor stock on an iPhone image
November 15, 2023 6:25 AM ET

Left for dead, Tower Semiconductor is a phoenix rising 

Thomas Hughes

Tower Semiconductor is uniquely positioned as a pure-play foundry and maker of analog microchips for a wide variety of end-use markets.

NASDAQ:INTCNASDAQ:TSEM
Read Left for dead, Tower Semiconductor is a phoenix rising 
Fisher Stock price
November 15, 2023 5:30 AM ET

Fisker Inc. price implosion; is it time to buy the dip?

Thomas Hughes

Fisker Inc.'s share price imploded following the Q3 release but bottom-seekers and speculators are already buying the dip.

NASDAQ:MULNNASDAQ:LCIDNYSE:FSR
Read Fisker Inc. price implosion; is it time to buy the dip?
cannabis stocks to own
November 15, 2023 5:17 AM ET

The only 2 cannabis companies you need to own

Thomas Hughes

Cannabis companies continue to struggle with profits but the REITs who own their facilities aren't and they pay high-yielding dividends to offset market risk.

OTCMKTS:NLCPCNSX:MJNYSEARCA:MJ
Read The only 2 cannabis companies you need to own
High-yield stocks
November 14, 2023 6:34 AM ET

High-yield, low-beta value plays for buy-and-hold investors

Thomas Hughes

High-yield stocks that trade at a value and come with a lower-than-average beta can help mitigate portfolio volatility and boost returns over time.

NYSE:CVSNYSE:BMYNYSE:VZ
Read High-yield, low-beta value plays for buy-and-hold investors
Home Depot stock price
November 14, 2023 6:32 AM ET

Foundational weakness sets Home Depot shares up for another fall

Thomas Hughes

Home Depot shares moved higher following the Q3 release but the move is unwarranted and has the market set up to fall on weak guidance.

NYSE:UPSNYSE:HD
Read Foundational weakness sets Home Depot shares up for another fall
Utilities Stocks
November 14, 2023 5:41 AM ET

Utilities may be the best play for a turbulent holiday quarter

Thomas Hughes

Utility stocks are well-positioned to ride out winter volatility and pay a high, inflation-beating dividend yield with distribution growth in the forecast.

NYSE:NEENYSE:DUKNYSE:SO
Read Utilities may be the best play for a turbulent holiday quarter
illustration of man watering pennies representing plants growing
November 14, 2023 4:05 AM ET

4 high yields near 52-week lows worth looking at

Thomas Hughes

These stocks trading near 52-week lows provide high-yielding values for buy-and-hold investors; most are at or near their bottom and may rebound soon

NASDAQ:WBANYSE:BBYNYSE:F
Read 4 high yields near 52-week lows worth looking at
Plug Power stock price
November 10, 2023 7:42 AM ET

Plug Power at tipping point; it’s make-or-break time for hydrogen

Thomas Hughes

Plug Power falls more than 30% on weak results and a need to raise capital that threatens shareholder value; ramping production should lead to margin growth.

NASDAQ:PLUG
Read Plug Power at tipping point; it’s make-or-break time for hydrogen
gaming stocks
November 9, 2023 10:25 AM ET

Institutional activity provides a bottom for gaming stocks

Thomas Hughes

Gaming stocks like Take-Two Interactive and Roblox are outperforming expectations, have rising institutional interest, and bullish technical setups.

NASDAQ:TTWONYSE:RBLX
Read Institutional activity provides a bottom for gaming stocks
Coca-Cola EuroPacific Partners stock price
November 9, 2023 8:22 AM ET

Coca-Cola EuroPacific Partners is a tasty play on Coke

Thomas Hughes

Coca-Cola EuroPacific Partners offers emerging market exposure while trading at a discount to its parent and paying a higher yield.

NYSE:KOFNYSE:KONYSE:FMX
Read Coca-Cola EuroPacific Partners is a tasty play on Coke
Gilead sciences logo on sign outside of building with fall sky
November 9, 2023 4:10 AM ET

Buying the dip in high-yield Gilead Sciences 

Thomas Hughes

Pharma stock Gilead Sciences is well-positioned for the next few years with a growing core business, a healthy pipeline, and cash flow to sustain capital return

NASDAQ:GILD
Read Buying the dip in high-yield Gilead Sciences 
Occidental Petroleum: Another bounce from the buy zone
November 8, 2023 9:08 AM ET

Occidental Petroleum: Another bounce from the buy zone

Thomas Hughes

Occidental Petroleum's revenue deleveraged on lower oil prices but production gains and an improving capital structure drove solid cash flow and capital return.

NYSE:BRK.ANYSE:OXY
Read Occidental Petroleum: Another bounce from the buy zone
LUCID stock price outlook
November 8, 2023 7:55 AM ET

Lucid investors seek clarity; downtrend intact, new lows ahead

Thomas Hughes

Lucid Group had a tough quarter and faces challenges not seen by Rivian; Analysts are lowering their targets and helping to keep this stock trending lower.

NASDAQ:RIVNNASDAQ:LCID
Read Lucid investors seek clarity; downtrend intact, new lows ahead
Indianapolis - Circa April 2023: Rivian R1S EV Electric Vehicle display at a dealership. Rivian offers the R1S in Adventure and Launch models.
November 8, 2023 6:25 AM ET

Rivian over-delivered and electrified the market; shares surge

Thomas Hughes

Rivian Automotive delivered better-than-expected results and raised guidance while also announcing an end to its exclusivity contract with Amazon for EV vans.

NASDAQ:RIVN
Read Rivian over-delivered and electrified the market; shares surge
image of folder with file displaying health insurance tab
November 8, 2023 4:18 AM ET

3 healthy dividend stocks for buy and hold investors

Thomas Hughes

Blue chip healthcare stocks like health insurers are supported by secular tailwinds and pay reliable dividends with an outlook for health growth

NYSE:CVSNYSE:HUMNYSE:UNH
Read 3 healthy dividend stocks for buy and hold investors
GSK stock price
November 7, 2023 8:34 AM ET

GSK is a remedy for the winter investment blahs

Thomas Hughes

Pharma stock GSK is a remedy for the winter blahs with a low beta, a high yield, and value for investors. Sales of new drug Arexvy underpin results.

NYSE:GSK
Read GSK is a remedy for the winter investment blahs
NXP Semiconductors stock
November 7, 2023 5:04 AM ET

The bottom is in for industrial chipmaker NXP Semiconductors

Thomas Hughes

NXP Semiconductors had a solid quarter showing a resilient business model and strong cash flow sufficient to sustain a healthy balance sheet and capital return.

NASDAQ:NXPI
Read The bottom is in for industrial chipmaker NXP Semiconductors
Church & Dwight stock price
November 7, 2023 5:02 AM ET

Church & Dwight is a wealth builder for buy-and-hold investors

Thomas Hughes

Church & Dwight is on track to build wealth for investors with its fortress balance sheet and outlook for annual distribution growth.

NYSE:CHDNYSE:PGNYSE:CL
Read Church & Dwight is a wealth builder for buy-and-hold investors
image of individuals lifting red arrow to signify company's guidance
November 7, 2023 4:12 AM ET

Guidance leads the market for these stocks; 1 raises, 1 lowers

Thomas Hughes

Guidance is a driving force for equity markets and can lead stock prices higher or lower, catalyze significant moves, and alter analysts' outlook

NYSE:UPSNYSE:ABBV
Read Guidance leads the market for these stocks; 1 raises, 1 lowers
Closeup of pencil and eraser erasing the word debt
November 7, 2023 4:05 AM ET

2 sectors reducing debt and paying shareholders

Thomas Hughes

Energy and defense stocks are generating solid cash flows in 2023 that allow them to pay down debt, increase dividends, and repurchase shares

NYSE:GDNYSE:NOCNYSE:LMT
Read 2 sectors reducing debt and paying shareholders