Best Stocks To Buy Today As Markets Aim For New Record Highs

Markets are looking for some direction today with the Dow lower, the S&P flat, and the Nasdaq NDAQ higher. The Nasdaq is likely being helped by the surge in Salesforce as it reported exceptional earnings last night, and the stock is surging today. Some optimism is shown on the economic side today with durable goods orders rising 11.2% in July, smashing expectations, and while there is tension between the U.S. and China right now there has been some positive developments out of the recent meeting announced yesterday. The deep learning algorithms by Q.ai have gone through the data and used Artificial Intelligence (“AI”) to help you invest your cash with the Top Buys for today.

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Chemed Corp (CHE)

First on the Top Buys today is Chemed Corp, with AI-based factor scores of C in Technical, B in Growth, B in Momentum Volatility, and A in Quality Value. The stock has done decently this year, up 16.02%, but there is likely more upside from these levels. The company operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates most of the firm’s revenue, and they provide medical care facilities. Revenue grew by 4.25% in the last fiscal year to $1938.56M, and grew by 21.25% over the last three fiscal years from $1666.72M three years ago. Operating Income grew by 17.72% in the last fiscal year to $271.18M, a growth of 52.66% over the last three fiscal years from $209.11M three years ago. EPS grew by 19.48% in the last fiscal year to $13.31, a growth of 171.38% over the last three fiscal years from $5.86 three years ago. ROE was 33.37% in the last year, which compares to 18.45% three years ago. Forward 12M Revenue is expected to grow by 3.53% and the stock is trading with a Forward 12M P/E of 31.0.

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MORE FROM FORBESChemed (CHE)

Hillenbrand Inc (HI)

Next on the Top Buy list today is Hillenbrand Inc with AI-based factor scores of C in Technical, B in Growth, C in Momentum Volatility, and A in Quality Value. The stock has lost 3.66% for the year so far, providing an attractive entry point for investors. The company is a U.S.-based company that operates through two segments in specialty industrial machinery – Process Equipment Group and Batesville. As for the financials, revenue grew by 27.77% in the last fiscal year to $1807.3M, and grew by 45.21% over the last three fiscal years from $1590.2M three years ago. Operating Income grew by 20.79% in the last fiscal year to $238.1M, a growth of 24.88% over the last three fiscal years from $230.3M three years ago. EPS was $1.92 in the last fiscal year, which compares to $1.97 three years ago. ROE was 16.67% in the last year, which compares to 18.19% three years ago. Forward 12M Revenue is expected to grow by 2.45% and the stock is trading with a Forward 12M P/E of 14.38.

MORE FROM FORBESHillenbrand (HI)

Henry (Jack) & Associates (JKHY)

Next on the list of Top Buys is Henry (Jack) & Associates with AI-based factor scores of D in Technical, B in Growth, A in Momentum Volatility, and B in Quality Value. The stock has done decently this year already, up 14.04%, but our deep learning algorithms thinks that the next leg is higher from here after a recent pullback. The company is one of the leading providers of core processing systems to domestic banks and credit unions. The company also provides ancillary products, such as Internet banking, check imaging, and remote deposit capture. Revenue was $1697.07M in the last fiscal year, which compares to $1470.8M three years ago. Operating Income was $380.63M in the last fiscal year, compared to $355.95M three years ago. EPS was $3.86 in the last fiscal year, versus $4.7 three years ago. ROE was 20.16% in the last year, which compares to 31.0% three years ago. The stock is trading with a Forward 12M P/E of 44.59.

MORE FROM FORBESJack Henry & Associates (JKHY)

Keurig Dr Pepper Inc (KDP)

Another Top Buy today is Keurig Dr Pepper Inc with our deep learning algorithms identifying factor scores of B in Technical, B in Growth, B in Momentum Volatility, and B in Quality Value. The stock has gained only 1.95% for the year, representing an opportunity for long investors. The company is the product of a 2018 merger between Dr Pepper Snapple and Keurig Green Mountain, and is the third- largest non-alcoholic beverage company in North America. Revenue grew by 1.45% in the last fiscal year to $11120.0M, a growth of 141.05% over the last three fiscal years from $2680.0M three years ago. Operating Income grew by 183.3% over the last three fiscal years to $2682.0M in the last fiscal, which compares to $940.0M three years ago. EPS was $0.88 in the last fiscal year, versus $3.06 three years ago. ROE was 5.48% in the last year. Forward 12M Revenue is expected to grow by 1.69% and the stock is trading with a Forward 12M P/E of 19.66.

MORE FROM FORBESKeurig Dr Pepper (KDP)

Ubiquiti Inc (UI)

Our final Top Buy today is Ubiquiti Inc with AI-based factor scores of D in Technical, C in Growth, A in Momentum Volatility, and A in Quality Value. The stock has ended up flat this year, down only 0.98%, but our deep learning algorithms thinks higher is likely from here especially after the rally from the low. The company is a wireless and wireline network equipment provider for small Internet service providers and small- and midsize-business integrators. Revenue was $1284.5M in the last fiscal year, which compares to $1016.86M three years ago. Operating Income was $478.2M in the last fiscal year, versus $326.13M three years ago. EPS was $5.8 in the last fiscal year, compared to $2.51 three years ago. ROE was 42.79% three years ago. The stock is trading with a Forward 12M P/E of 29.37.

MORE FROM FORBESUbiquiti (UI)

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