Free Trial

Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 6

CPI Consumer Price Index - measures the average change in prices over time that consumers pay for a basket of goods and services, text stamp concept for presentations and reports
September 11, 2024 10:45 AM ET

Goldilocks CPI Report Leads Market to Sell Off, Lower Lows Ahead

Thomas Hughes

The CPI report led to stock market selling because the as-expected report points toward easing economic headwinds and a broader stock market rally.

CBOE:VIXNYSEARCA:SPY
Read Goldilocks CPI Report Leads Market to Sell Off, Lower Lows Ahead
PlayStation 4 games — Stock Editorial Photography
September 11, 2024 8:35 AM ET

GameStop: Earnings Won’t Save It, Dilution Points to Trouble

Thomas Hughes

GameStop posted a surprise profit, but investors should run for the exits if real investors are still in this meme stock. A move to $10 is likely.

NYSE:GME
Read GameStop: Earnings Won’t Save It, Dilution Points to Trouble
Electric car plugged in with charging station to recharge battery with electricity by EV charger cable in eco green park and greenery foliage. Future innovative ev car and energy sustainability.Peruse - stock image
September 11, 2024 5:23 AM ET

An EV OEM Shakeout Is Underway: Who Will Win? 

Thomas Hughes

There is an EV shakeout underway, and no start-up is risk-free. The big OEMs bide their time, waiting to buy or develop technology, ready for the next boom

NASDAQ:AMZNOTCMKTS:BYDDFOTCMKTS:VWAGY
Read An EV OEM Shakeout Is Underway: Who Will Win? 
Konskie, Poland - March 16, 2024: Matador Resources company logo displayed on mobile phone — Stock Editorial Photography
September 10, 2024 8:50 AM ET

Matador Resources Insiders Keep Buying Its Stock, Should You?

Thomas Hughes

Matador Resources insiders are buying this stock, institutional support is high, and the analysts lead the market higher. A 50% upside is indicated.

NYSE:MTDR
Read Matador Resources Insiders Keep Buying Its Stock, Should You?
Oracle booth during CEE 2017 in Kiev, Ukraine — Stock Editorial Photography
September 10, 2024 8:35 AM ET

Oracle Can Turn the Magnificent 7 Into 8: Here's Why

Thomas Hughes

Oracle had a robust quarter and indicates growth will accelerate again in Q2 and in fiscal 2025, leading analysts to increase their price targets.

NYSE:ORCLNASDAQ:AMZNNASDAQ:MSFT
Read Oracle Can Turn the Magnificent 7 Into 8: Here's Why
AI Disrupts SaaS: Salesforce, Workday Navigate Industry Shift
September 10, 2024 7:09 AM ET

AI Disrupts SaaS: Salesforce, Workday Navigate Industry Shift

Thomas Hughes

AI drives business for SaaS companies, but how long can it last? AI is a powerful tool that puts enterprises in control and will end SaaS as we know it.

NYSE:CRMNASDAQ:WDAY
Read AI Disrupts SaaS: Salesforce, Workday Navigate Industry Shift
Guidewire’s 10% Upside Is an Easy Target for Its Stock to Reach
September 9, 2024 7:35 AM ET

Guidewire’s 10% Upside Is an Easy Target for Its Stock to Reach

Thomas Hughes

Guidewire is on track to double the expected industry growth as insurers lean into its AI-automation services. Analysts raise targets and see 20% upside.

NYSE:GWRE
Read Guidewire’s 10% Upside Is an Easy Target for Its Stock to Reach
Istanbul, Turkey - 27 March 2024: Broadcom logo on smartphone screen with its website in background. Broadcom is a technology company that designs and supplies semiconductor software solutions — Stock Editorial Photography
September 9, 2024 6:00 AM ET

Broadcom Serves Up a Trend-Following Entry for Investors

Thomas Hughes

Broadcom had a solid quarter but failed to trigger new stock price highs. The price dip is setting up a trend-following entry for its investors.

NASDAQ:AVGO
Read Broadcom Serves Up a Trend-Following Entry for Investors
Pipelines in the LNG terminal - 3d illustration — Photo
September 9, 2024 5:15 AM ET

Natural Gas Will Boom in 2025, and Kinder Morgan Is The Play

Thomas Hughes

Kinder Morgan is well-positioned to benefit from a demand boom in 2025 that will sustain through the end of the decade as data centers draw energy for AI.

NYSE:WFCNYSE:KMI
Read Natural Gas Will Boom in 2025, and Kinder Morgan Is The Play
Montreal, Canada - March 08, 2020: UiPath official website and logo under magnifying glass. UiPath is a global software company that develops a platform for robotic process automation. — Stock Editorial Photography
September 8, 2024 5:15 AM ET

Join UiPath’s AI Surge and Catch the Coming Stock Price Reversal

Thomas Hughes

UiPath is on the right path for investors, building value while growing profitably. The Q2 results sparked an upgrade cycle that can add 40% to the stock price.

NYSE:PATH
Read Join UiPath’s AI Surge and Catch the Coming Stock Price Reversal
Kyiv, Ukraine - September 28, 2019: Hewlett-Packard HP signboard at the exhibition.
September 6, 2024 6:30 AM ET

Why HPE’s Dip Is a Prime Opportunity for Blue-Chip AI Investors

Thomas Hughes

Hewlett Packard Enterprises is a fundamentally sound blue-chip play on AI and technology with a high-yielding, safe and reliable dividend.

NYSE:HPE
Read Why HPE’s Dip Is a Prime Opportunity for Blue-Chip AI Investors
A Caseys gas station in Omaha, NE, USA, May 6, 2023. Casey's is a convenience store chain that sells gas and prepared food. — Stock Editorial Photography
September 6, 2024 6:15 AM ET

Casey’s General Stores: The Dividend Growth Stock You Can’t Miss

Thomas Hughes

Casey's General Store is driving growth with acquisitions and outperforming where it counts, which is on the bottom line.

NASDAQ:CASY
Read Casey’s General Stores: The Dividend Growth Stock You Can’t Miss
Dhaka, Bangladesh- 29 April 2024: Zscaler Logo is displayed on smartphone. — Stock Editorial Photography
September 6, 2024 5:38 AM ET

Zscaler: A Heavily Downgraded Stock With Big Upside Potential

Thomas Hughes

Zscaler shares are down on an expectation for higher tax liability. This is bad news today, but news pointing to substantial growth.

NASDAQ:ZS
Read Zscaler: A Heavily Downgraded Stock With Big Upside Potential
Beautiful red digital modern new game joystick for computer video games gamepad on a red background.
September 6, 2024 5:15 AM ET

GameStop in Rebound Mode: Is Now the Time to Buy?

Thomas Hughes

GameStop's unsustainable business model is back in focus, with earnings expected soon and the market overly optimistic. Investors be wary, traders cautious.

NYSE:GME
Read GameStop in Rebound Mode: Is Now the Time to Buy?
New York, US - May 8, 2023 - Emergency Pick-up Truck Passing Fast at Night in Manhattan, New York. — Stock Editorial Photography
September 6, 2024 5:00 AM ET

Is REV Group’s Pullback Your Chance to Buy Before the Next Surge?

Thomas Hughes

REV Group reported mixed results, but the 20% share price drop is overblown and sets up a robust opportunity for investors.

NYSE:REVG
Read Is REV Group’s Pullback Your Chance to Buy Before the Next Surge?
STUTTGART, GERMANY - Mar 03, 2021: Mobile phone with company website of American DevOps platform GitLab Inc. on screen in front of logo. Focus on center of cellphone display. - Stock Editorial Photography
September 5, 2024 5:38 AM ET

Get Ahead of GitLab’s Rebound: AI-Driven Growth in Focus

Thomas Hughes

GitLab had a solid quarter and raised guidance, leading analysts to raise their targets and lead the stock higher. A reversal is in play for this market.

NASDAQ:GTLB
Read Get Ahead of GitLab’s Rebound: AI-Driven Growth in Focus
Basketballs on the rack of sports retail store, in sports shop — Photo
September 4, 2024 9:12 AM ET

Why Dick’s Could Be a Slam Dunk for Your Investment Portfolio

Thomas Hughes

Dick's Sporting Goods can compete with Walmart and Target for sporting goods market share because of its quality; sporting enthusiasts choose Dick's.

NYSE:TGTNYSE:WMTNYSE:DKS
Read Why Dick’s Could Be a Slam Dunk for Your Investment Portfolio
Seattle, WA USA - circa November 2022: Close up view of large bundles of toilet paper for sale inside a QFC grocery store.
September 4, 2024 6:30 AM ET

3 Stocks to Own if You Are Bearish on The Market

Thomas Hughes

Dividends, solid fundamentals, and a low beta are three qualities investors can use to insulate their portfolios during a bear market.

NYSE:KMINYSE:KMBNYSE:UNH
Read 3 Stocks to Own if You Are Bearish on The Market
stocks to buy and hold
September 4, 2024 5:00 AM ET

3 No-Brainer Stocks to Buy and Hold Long-Term

Thomas Hughes

These stocks are no-brainer investments. They grow organically and via acquisitions, produce solid cash flows, and build value for investors.

NYSE:SHOPNASDAQ:CASYNASDAQ:CTAS
Read 3 No-Brainer Stocks to Buy and Hold Long-Term
CrowdStrike - A global cybersecurity company with a cloud-based platform. — Stock Editorial Photography
September 3, 2024 10:11 AM ET

CrowdStrike: A Buy-and-Hold Stock Despite Near-Term Risks

Thomas Hughes

Crowdstrike had a solid quarter despite the impact of its outage. The guidance is tepid but includes customer incentives; the long-term outlook remains robust.

NASDAQ:PANWNASDAQ:CRWD
Read CrowdStrike: A Buy-and-Hold Stock Despite Near-Term Risks
3 Small Cap Stocks That Insiders Are Buying
September 3, 2024 10:10 AM ET

3 Small Cap Stocks That Insiders Are Buying

Thomas Hughes

Insiders are buying these small-cap stocks trading at deep values after a year or more of downward movement. Each has a catalyst for higher share prices.

NYSE:OECNASDAQ:EHTHNASDAQ:GRWG
Read 3 Small Cap Stocks That Insiders Are Buying
Ulta Beauty logo store sign
September 3, 2024 5:00 AM ET

Ulta's Stock Dip: Analysts Say Seize This Buying Opportunity

Thomas Hughes

Ulta Beauty had a tough time in Q2 but is in strong financial shape, ready to bounce back. The risk is that it may set a new low before the rebound begins.

NASDAQ:ULTA
Read Ulta's Stock Dip: Analysts Say Seize This Buying Opportunity
3M face shield valve closeup on the production of medical and protective masks manufacturing in an epidemic.
August 30, 2024 6:15 AM ET

3M’s Turnaround Story Will Continue This Year

Thomas Hughes

3M turned a corner in 2024, and income investors should take note. Headwinds remain, but this beaten-down company is on track to resume its dividend increase.

NYSE:MMM
Read 3M’s Turnaround Story Will Continue This Year
Ollie's Bargain Outlet logo storefront
August 30, 2024 5:00 AM ET

Ollie’s Stock Goes On Sale: It’s Time To Back Up The Truck

Thomas Hughes

Ollie's Bargain Outlet had a mixed quarter with weakness on the bottom line; the takeaway is that robust cash flow drives growth and capital returns.

NYSE:TJXNASDAQ:OLLI
Read Ollie’s Stock Goes On Sale: It’s Time To Back Up The Truck