QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)

Thomas Hughes, Contributing Author at MarketBeat

Thomas Hughes

About Thomas Hughes

Contributing Author: Technical and Fundamental Analysis

Thomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.
Contact Thomas Hughes via email at tmhughes.writeon@gmail.com.

Articles by Thomas Hughes

It’s Time To Take Another Bite Of Take-Two Interactive 
It’s Time To Take Another Bite Of Take-Two Interactive 
May 18th, 2023  11:36 AM

Take-Two Interactive is moving higher on solid results, and the expectation is that a robust pipeline will equate to industry-leading results in 2024.

Good News For Walmart Isn’t So Great For Everybody Else
Good News For Walmart Isn’t So Great For Everybody Else
May 18th, 2023  10:25 AM

Walmart may have difficulty moving higher simply because the yield on US treasuries and CDs is so much higher, and the guidance for Q2 is weak.

ServiceNow Serves Up A Reversal, Now! 
ServiceNow Serves Up A Reversal, Now! 
May 18th, 2023  8:32 AM

ServiceNow is getting more upgrades and price target increases following an unexpected repurchase announcement worth 1.5% of the market cap.

The TJX Companies Inc: A Good Pick for 2023?
The TJX Companies Inc: A Good Pick for 2023?
May 18th, 2023  7:05 AM

The TJX Companies had a solid quarter and guided the market higher on strength in its core Marmaxx segment, apparel and accessories shine.

Target’s Guidance Looms Over The Market 
Target’s Guidance Looms Over The Market 
May 17th, 2023  12:30 PM

Target issued weak Q2 guidance making it the 2nd major big box retailer to offer evidence of weakening consumer demand and looming recession.

High-Yield Danaos Corporation Is About To Set Sail 
High-Yield Danaos Corporation Is About To Set Sail 
May 17th, 2023  8:50 AM

Danaos Corporation is a high-yielding shipping company with growth on the table and share repurchases to compound the capital returns.

Beyond Meat Turns A Corner, But Now Is Not The Time To Buy It
Beyond Meat Turns A Corner, But Now Is Not The Time To Buy It
May 17th, 2023  8:49 AM

Beyond Meat is not beyond hope, but that won't keep the share prices from falling; a new filing to raise capital and short-interest will see to that.

Canoo Bottoms As Production Ramp Gets Closer 
Canoo Bottoms As Production Ramp Gets Closer 
May 16th, 2023  11:45 AM

Canoo is turning a corner and expects to begin production soon, but the question is whether they have enough cash and reserves to finish.

On Holdings Could Sprint Even Higher 
On Holdings Could Sprint Even Higher 
May 16th, 2023  10:29 AM

Swiss shoe maker On Holdings fell more than 10% on solid results but there is already evidence of buying that could lead to new high prices later this year.

The Home Depot Returns To The Bargain Basement: Yay!
The Home Depot Returns To The Bargain Basement: Yay!
May 16th, 2023  9:32 AM

Home Depot sinks after reporting tepid sales and issuing weak guidance that assumes broad-baed declining consumer demand.

Fast-Food Stocks Set To Sizzle This Summer 
Fast-Food Stocks Set To Sizzle This Summer 
May 16th, 2023  7:24 AM

The analysts are upping their targets for fast food stocks and driving them to new highs because of outperformance, growth, and a positive outlook.

Workhorse Group: Consider Getting Back on the Horse 
Workhorse Group: Consider Getting Back on the Horse 
May 16th, 2023  7:00 AM

Workhorse Group Inc. is ramping production and on track to reach its 2023 goals, including at least $75 million in revenue.

FREYR Battery Is An Interesting Play On EVs: At Rock Bottom
FREYR Battery Is An Interesting Play On EVs: At Rock Bottom
May 15th, 2023  11:25 AM

FREYR Battery is an exciting play on electrification and could become the leading producer of batteries in the US and abroad.

The Bottom Is In For AppLovin; Reversal Is Next 
The Bottom Is In For AppLovin; Reversal Is Next 
May 15th, 2023  9:50 AM

AppLovin is at the bottom following a year of massive declines; the analysts' sentiment is improving and could drive a reversal in 2023.

An Updraft Is Brewing For DraftKings 
An Updraft Is Brewing For DraftKings 
May 12th, 2023  10:35 AM

DraftKings is in an updraft driven by the analysts and supported by results and increased guidance that may be too cautious.

High-Risk Mullen Automotive Continues To Build Momentum 
High-Risk Mullen Automotive Continues To Build Momentum 
May 12th, 2023  10:03 AM

Mullen Automotive is as risky as they come but remains compelling enough that the institutions are buying more. Production is expected to start this summer.

A Reversal Is In The Works For Fisker Inc. 
A Reversal Is In The Works For Fisker Inc. 
May 12th, 2023  7:16 AM

Fisker is on track to ramp production despite delays. They plan to make 6,000 vehicles monthly by the end of the year and profits are in sight.

Is Krispy Kreme a Tasty Buy After Q1 Results? 
Is Krispy Kreme a Tasty Buy After Q1 Results? 
May 12th, 2023  7:00 AM

Krispy Kreme stock had a decent quarter and reaffirmed guidance for near-10% growth in 2023 which sent shares higher, but how high can it go?

Wynn Resorts: A Winning Bet for 2023 
Wynn Resorts: A Winning Bet for 2023 
May 11th, 2023  10:40 AM

Wynn Resorts stock resumed dividend payments after a solid quarter driven by the rebound in Macau. Analysts raise their targets, supporting the uptrend.

A Royally Good Time To Buy The Walt Disney Company 
A Royally Good Time To Buy The Walt Disney Company 
May 11th, 2023  9:25 AM

Disney is moving lower on tepid results, but this may be a royally good time to buy given margin improvement in the streaming business.

Roblox Scores A Win In The Metaverse And May Move Higher
Roblox Scores A Win In The Metaverse And May Move Higher
May 11th, 2023  7:12 AM

Roblox scores a win in the metaverse, with bookings outpacing the consensus and plans to cut costs aiding the profit outlook.

Don’t Get Burned By Dutch Bros; Starbucks Has More Potential
Don’t Get Burned By Dutch Bros; Starbucks Has More Potential
May 11th, 2023  7:00 AM

Dutch Bros.'s growth strategy will pay off but there is high risk in the outlook compared to Starbucks which is also growing and pays a dividend.

Occidental Petroleum: Will Buffet Buy More? 
Occidental Petroleum: Will Buffet Buy More? 
May 10th, 2023  11:45 AM

Occidental Petroleum falls back into the Buffet Buy Zone but will he buy more? Berkshire won't take control but it could still buy another 25% of the company.

Electronic Arts Has Game But Can Share Price Move Higher?
Electronic Arts Has Game But Can Share Price Move Higher?
May 10th, 2023  11:00 AM

Electronic Arts had a tepid quarter but reported solid bookings and favorable guidance that have analysts raising their price targets.

Rivian Leads EV Startups But Will The Stock Move Higher? 
Rivian Leads EV Startups But Will The Stock Move Higher? 
May 10th, 2023  9:45 AM

Rivian had a good quarter and sent shares skyrocketing; the question is if this rally is sustainable or if there will be another buying opportunity.

Is Paypal Buyable On Post-Earnings Weakness? 
Is Paypal Buyable On Post-Earnings Weakness? 
May 10th, 2023  9:03 AM

Paypal had a great quarter and raised guidance, but the analysts are not convinced and have begun to lower their targets for 2023.

Lucid Group Bottomed, But The Outlook Remains Cloudy
Lucid Group Bottomed, But The Outlook Remains Cloudy
May 9th, 2023  1:12 PM

Lucid Group did not give much clarity regarding its financial outlook, as production and deliveries fall short of expectations.

Skyworks Solutions: Another Crack in the Consumer Outlook
Skyworks Solutions: Another Crack in the Consumer Outlook
May 9th, 2023  10:40 AM

Skyworks Solutions issued a tepid report that points to slowing in consumer discretionary spending foreshadowed by UPS and Packaging Corporation of America.

Palantir: Bottoming On Unprecedented Demand 
Palantir: Bottoming On Unprecedented Demand 
May 9th, 2023  9:24 AM

Palantir had a great quarter with growth in all segments but some analysts are not impressed and see this stock moving sideways in 2023.

Snowflake Upgraded As Headwinds Ease: AI In Focus 
Snowflake Upgraded As Headwinds Ease: AI In Focus 
May 9th, 2023  6:50 AM

Snowflake gets an upgrade on strength shown by other cloud services companies and an expected boom in AI that is already underway.

3 High-Yield Banks Insiders Are Buying 
3 High-Yield Banks Insiders Are Buying 
May 8th, 2023  12:30 PM

The banking crisis may not be over, but insiders are buying these shares which pay high yields that come with an outlook for distribution growth.

Freshpet Is On The Brink Of Reversal 
Freshpet Is On The Brink Of Reversal 
May 8th, 2023  10:35 AM

Freshpet is executing expansion plans that aim to improve operating leverage and profitability. The market is moving higher and may complete a reversal.

Tyson Foods: Is It Time To Cut Losses Or Load Up On Shares? 
Tyson Foods: Is It Time To Cut Losses Or Load Up On Shares? 
May 8th, 2023  9:40 AM

Tyson Foods shares fell 10% on weak earnings and guidance, but the market may be at the point of capitulation and offering up the lowest prices it can.

Jack In The Box Is A Buy On Post-Earnings Weakness
Jack In The Box Is A Buy On Post-Earnings Weakness
May 8th, 2023  8:42 AM

Jack In The Box is showing solid support after falling on results. The results are good and the guidance better so higher share prices are expected.

It’s Time To Check Into Booking.Com 
It’s Time To Check Into Booking.Com 
May 5th, 2023  11:56 AM

Booking.com had a robust quarter and left the market with a positive vibe but shares are falling under the pressure of profit-taking.

Shopify Delivers Growth And Efficiency; Shares Surge 
Shopify Delivers Growth And Efficiency; Shares Surge 
May 5th, 2023  7:48 AM

Shopify reported a solid quarter and gave equally good guidance plus the expectation for margin improvement which sent shares up 25%.

Advanced Micro Devices Bullish Reversal Is Still In Play
Advanced Micro Devices Bullish Reversal Is Still In Play
May 5th, 2023  7:44 AM

Advanced Micro Devices shares are plummeting on weak guidance that may set it up for a rebound later in the year. The long-term outlook is robust with AI.

An Opportunity To Buy Starbucks Is Knocking On The Door 
An Opportunity To Buy Starbucks Is Knocking On The Door 
May 5th, 2023  7:30 AM

Starbucks is getting back to support levels after a solid report. The move is due to profit-taking and is opening a new entry point for investors.

Investors Are Barking Up The Right Tree With Datadog
Investors Are Barking Up The Right Tree With Datadog
May 4th, 2023  12:55 PM

Datadog investors are barking up the right tree following a robust Q1 report and guidance increase. The analysts say Buy but how high can DDOG go?

Kellogg Company Looks GRRR-eat! At These Levels 
Kellogg Company Looks GRRR-eat! At These Levels 
May 4th, 2023  11:08 AM

Kellogg is a high-yield value among consumer staples stocks, and its shares are going on sale following a robust report and guidance increase.

Yum! Brands Pulls Back To More Appetizing Levels 
Yum! Brands Pulls Back To More Appetizing Levels 
May 4th, 2023  10:58 AM

Yum! Brands is down on tepid earnings despite robust comp-store gains that point to increasing traffic for this fast-food leader.

Camping World: When Debt Is A Good Thing 
Camping World: When Debt Is A Good Thing 
May 4th, 2023  7:38 AM

Camping World's 10% yield just got a little safe for 2023, and it looks like it will sustain into 2024 when the payout ratio improves.

Super Micro Computer Inc. Moves up on Solid Guidance and AI
Super Micro Computer Inc. Moves up on Solid Guidance and AI
May 4th, 2023  7:00 AM

Super Micro Computer Inc. is well-positioned in the server industry and should see robust growth driven by AI and the shift to next-generation technologies.

Kraft Heinz Recovery Gains Momentum 
Kraft Heinz Recovery Gains Momentum 
May 3rd, 2023  9:50 AM

Kraft Heinz's turnaround gains momentum as the company reveals clear pricing power and widens margins. The dividend is getting safer by the quarter.

Eaton Corporation Goes On Break Out Watch 
Eaton Corporation Goes On Break Out Watch 
May 3rd, 2023  7:04 AM

Eaton Corporation pays a healthy 2% yield and is on track to hit new all-time highs following record results and robust guidance.

NXP Semiconductors: Cautious Optimism Driven by Auto Segment
NXP Semiconductors: Cautious Optimism Driven by Auto Segment
May 3rd, 2023  7:00 AM

NXP Semiconductors is positioned to weather the cyclical downturn in consumer-oriented chips due to diversification and auto markets.

Ecolab: Slow And Steady Wins The Race 
Ecolab: Slow And Steady Wins The Race 
May 2nd, 2023  12:04 PM

Ecolab is a steady dividend payer on track to reach Dividend King status given the time. Results are better than expected and may lead to upward revisions.

High-Yield Pfizer Falls Off The COVID Cliff, And Survives
High-Yield Pfizer Falls Off The COVID Cliff, And Survives
May 2nd, 2023  11:25 AM

Pfizer is a value and high-yield compared to its peers and it it outperforming expectations in 2023; The pipeline is robust.

This Is Why The S&P 500 Could Have A Strong Summer Rally 
This Is Why The S&P 500 Could Have A Strong Summer Rally 
May 2nd, 2023  9:55 AM

There is a catalyst emerging in the data that could lead the S&P 500 higher over the summer; the question is if it will break out of its range or not.

Colgate-Palmolive Stock: A Consumer Staple about to Hit New Highs
Colgate-Palmolive Stock: A Consumer Staple about to Hit New Highs
May 2nd, 2023  7:00 AM

Colgate-Palmolive is on track to hit a new high following solid results and guidance that are supported by pricing power.

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