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Thomas Hughes, Contributing Author at MarketBeat

Articles by Thomas Hughes - Page 7

London, United Kingdom - September 29, 2018: Screenshot of salesforce.com's mobile app Salesforce.
August 29, 2024 11:20 AM ET

Pain for Salesforce Today: Gains for Investors Tomorrow?

Thomas Hughes

Salesforce had a good quarter, producing record margins and ample cash flow. Capital returns are robust and reduce the share count, but the market has headwinds

NYSE:CRM
Read Pain for Salesforce Today: Gains for Investors Tomorrow?
Nvidia logo in three dimensions isolated on dark background
August 29, 2024 7:11 AM ET

Buy the Dip In NVIDIA, But Be Prepared for Volatility

Thomas Hughes

NVIDIA had a smoking hot quarter, but the strength was expected, and growth is slowing, providing headwinds for the stock price that may cap gains in September.

NASDAQ:SMCINYSE:HPENASDAQ:MSFT
Read Buy the Dip In NVIDIA, But Be Prepared for Volatility
MGM Resorts Las Vegas strip
August 29, 2024 5:00 AM ET

MGM Insiders Bet Big on Its Undervalued Stock

Thomas Hughes

MGM insiders buy stock on the dip, confirming a range bottom supported by institutional activity. Analysts see this stock advancing at least 20%.

NYSE:MGM
Read MGM Insiders Bet Big on Its Undervalued Stock
Prince Frederick, Maryland USA Dec 1, 2023 The entrance to the Walmart department store.
August 28, 2024 9:50 AM ET

Analysts Upgrade These 3 Hot Buy-and-Hold Stocks

Thomas Hughes

Analysts are raising the consensus figure for these hot, buy-and-hold stocks and leading their markets to new highs. It is not too late to get in.

NASDAQ:PANWNYSE:WMTNASDAQ:META
Read Analysts Upgrade These 3 Hot Buy-and-Hold Stocks
Cute dog with different pet accessories on color background
August 28, 2024 9:12 AM ET

Chewy’s Stock Poised for a Major Comeback: Don’t Miss Out

Thomas Hughes

Chewy's digital-first petcare business has stabilized after years of volatility caused by pandemic spending. Growth is expected to accelerate in 2025.

NYSE:CHWY
Read Chewy’s Stock Poised for a Major Comeback: Don’t Miss Out
Ambarella Stock price Forecast
August 28, 2024 6:35 AM ET

Sleeper AI-Winner Ambarella Will More Than Triple in Price 

Thomas Hughes

Ambarella blew past Q2 forecasts as demand for its next-generation computer vision and edge-AI inference products ramped unexpectedly higher.

NASDAQ:NVDANASDAQ:MSFTNYSE:ORCL
Read Sleeper AI-Winner Ambarella Will More Than Triple in Price 
Polaris all terrain vehicle detail and trademark logo
August 27, 2024 6:27 AM ET

3 Small-Cap Stocks to Buy and Hold For 2025 and Beyond

Thomas Hughes

Small-cap stocks are expected to shine in 2025 after the FOMC begins lowering interest rates, ushering in a new age for stocks.

NYSE:SLQTNYSE:HBINYSE:PII
Read 3 Small-Cap Stocks to Buy and Hold For 2025 and Beyond
Workday website homepage. Workday logo visible on the phone screen
August 27, 2024 5:38 AM ET

Workday Stock Perks Up on Results; New Highs Possible This Year

Thomas Hughes

Workday had a strong quarter in Q2 and is guiding for strength in the back half, leading analysts to raise their targets and forecast a new all-time high.

NASDAQ:WDAY
Read Workday Stock Perks Up on Results; New Highs Possible This Year
person riding exercise bike Peloton
August 27, 2024 5:15 AM ET

Don’t Let Peloton Take You For a Ride: What You Need to Know

Thomas Hughes

Peloton Interactive had a better-than-expected quarter but is still struggling, losing money and diluting shareholder value.

NASDAQ:PTON
Read Don’t Let Peloton Take You For a Ride: What You Need to Know
Woman in clothes store looking at shirts on hangers — Photo
August 23, 2024 7:05 AM ET

Ross Stores Investors Win Big as Off-Price Retailers Outperform

Thomas Hughes

Off-price retailers shine and Ross Stores shines brightest with industry-leading growth, robust cash flow, and capital returns.

NYSE:TJXNASDAQ:ULTANYSE:ELF
Read Ross Stores Investors Win Big as Off-Price Retailers Outperform
Electronic board components, Motherboard digital chip. Tech science background. Integrated communication processor.
August 23, 2024 5:45 AM ET

Analog Devices Sends Signal to Market: Growth Will Return

Thomas Hughes

Analog Devices rebound is slow to gain traction but is underway. Analysts consensus rates the stock as a Moderate Buy and see it advancing to an all-time high.

NASDAQ:ADI
Read Analog Devices Sends Signal to Market: Growth Will Return
Williams-Sonoma storefront
August 23, 2024 5:15 AM ET

Willams-Sonoma Completes Stock Split: Buy It on the Dip

Thomas Hughes

Williams-Sonoma continues to improve operational quality in a tough environment, setting it up for leveraged gains on the rebound.

NYSE:WSMNYSEARCA:SPY
Read Willams-Sonoma Completes Stock Split: Buy It on the Dip
Palo Alto Networks Stock Can Set a New All-Time High Soon
August 22, 2024 8:36 AM ET

Palo Alto Networks Stock Can Set a New All-Time High Soon

Thomas Hughes

Palo Alto Network is rising after solid results and guidance lifted market sentiment. Analysts are raising their price targets and see this stock at new highs.

NASDAQ:PANW
Read Palo Alto Networks Stock Can Set a New All-Time High Soon
Person holding smartphone with logo of US department store company The TJX Companies Inc. on screen in front of website
August 22, 2024 7:20 AM ET

The Rally in TJX Companies Stock is Far From Over

Thomas Hughes

Off-price retail leader TJX Companies had another strong quarter supported 100% by transaction volume, a strength seen in all segments.

NYSE:TJX
Read The Rally in TJX Companies Stock is Far From Over
Mill Creek, WA USA - circa June 2022: View of an employee working inside a Lowe's home improvement store
August 20, 2024 8:43 AM ET

Lowe’s Stock: Hold Now, Buy it When it Dips

Thomas Hughes

Lowe's Companies is setting itself up for leverage when the housing economy rebounds, which should be next year following the FOMC interest rate cuts.

NYSE:LOW
Read Lowe’s Stock: Hold Now, Buy it When it Dips
Applied Materials sign on building
August 19, 2024 7:10 AM ET

The Rebound is on for Applied Materials Stock Price 

Thomas Hughes

Applied Materials is uniquely positioned to capture semiconductor market strength for the next few years; Analysts are raising their targets.

NASDAQ:AMAT
Read The Rebound is on for Applied Materials Stock Price 
Many new John Deere agriculture and farming equipment displayed at a Brandt facility
August 16, 2024 10:15 PM ET

Deere & Company Can Set New Highs This Year 

Thomas Hughes

Deere & Company signals weakness for industrial and farming equipment makers but the results were better-than-feared, causing the stock to move higher.

NYSE:DE
Read Deere & Company Can Set New Highs This Year 
Cisco Systems AI sign on building
August 16, 2024 5:30 AM ET

Cisco Systems AI Play Gains Traction: Analysts Lead Stock Higher

Thomas Hughes

Cisco Systems is among the highest-yielding blue-chip tech stocks. It is a deep value compared to analysts' targets, rising on strong earnings.

NASDAQ:CSCO
Read Cisco Systems AI Play Gains Traction: Analysts Lead Stock Higher
makeup store
August 15, 2024 9:37 AM ET

Warren Buffett’s Bet: Why Berkshire Hathaway Bought Ulta Stock

Thomas Hughes

Berkshire Hathaway disclosed a stake in Ulta Beauty, sending its shares up by 10%, and another 50% upside is possible at the consensus estimate.

NASDAQ:AAPLNYSE:ELFNASDAQ:ULTA
Read Warren Buffett’s Bet: Why Berkshire Hathaway Bought Ulta Stock
Walmart Retail Location
August 15, 2024 8:51 AM ET

Walmart Stock: Buy the Rip or Wait for the Dip? 

Thomas Hughes

Walmart is a weapon of mass transactions, growing revenue above consensus and raising yearly guidance. Analysts' responses favor higher share prices.

NASDAQ:COSTNYSE:BJNASDAQ:PSMT
Read Walmart Stock: Buy the Rip or Wait for the Dip? 
McDonalds Sign - Stock Editorial Photography
August 15, 2024 5:50 AM ET

Unlocking Growth: Why Arcos Dorados Belongs in Your Portfolio

Thomas Hughes

Arcos Dorados is sitting pretty as the largest and fastest-growing McDonald's franchise, well-positioned with the expanding Latin American market.

NYSE:WMTNASDAQ:PSMTNASDAQ:COST
Read Unlocking Growth: Why Arcos Dorados Belongs in Your Portfolio
chilis restaurant exterior logo sign
August 14, 2024 10:22 AM ET

Brinker International’s Price Dip is an Appetizing Entry Point

Thomas Hughes

Brinker International is executing its strategy and growing business while widening its margin. Shares are down significantly, offering a tasty dip to buy.

NYSE:EAT
Read Brinker International’s Price Dip is an Appetizing Entry Point
Serve Robotics Delivery. On Delivery Food to Customer
August 14, 2024 8:55 AM ET

Serve Robotics Is Serving Up a Selling Opportunity

Thomas Hughes

Serve Robotics had a decent quarter, but strength is not expected to last; mounting losses and the threat of dilution are expected to last.

NYSE:SHAKNYSE:UBERNASDAQ:SERV
Read Serve Robotics Is Serving Up a Selling Opportunity
Chipotle Mexican Grill logo seen displayed on a smartphone with United States Dollar notes and coins in the background
August 14, 2024 6:15 AM ET

Chipotle Mexican Grill: Take a Bite of This Smoking Hot Deal

Thomas Hughes

Chipotle Mexican Grill is trading at a smoking hot discount after a knee-jerk reaction to CEO Brian Niccol's departure. Analysts forecast new highs.

NASDAQ:SBUXNYSE:CMG
Read Chipotle Mexican Grill: Take a Bite of This Smoking Hot Deal