Best Stocks To Buy Today As Nasdaq Holds Onto Gains Following Record High

Uncertainty continues to prevail in the markets after the S&P 500 trades flat after finally hitting a record high, recovering all losses from the pandemic shutdown. Tech stocks continue to do well as the Nasdaq is up by 0.4%. Value sectors Finance and Energy are under pressure after catching a bid last week in a rotation trade, which has not appeared to follow through this week. Tensions continued to increase as the U.S. imposed new restrictions on the Chinese company Huawei, effectively trying to cut off its access to American technology. Our deep learning algorithms have parsed through the data and used Artificial Intelligence (“AI”) to help you spot the Top Buys for today.

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Air Transport Services Group (ATSG)

First on the list today is Air Transport Services Group ATSG , a company that operates in the airfreight and logistics industry. The company owns and leases cargo aircraft to airlines and other customers. Our AI technology has identified factor scores of rated C in Technical, B in Growth, B in Momentum Volatility, and B in Quality Value for the stock that is up 11.34% for the year. As for the financials, revenue grew by 5.81% in the last year to $1452.18M, growing by 43.84% from $1068.2M three years ago. Operating income saw a sharper rise, growing by 16.88% in the last fiscal year to $167.97M and by 110.43% from $93.3M three years ago. EPS also grew by 23.31% to $0.79 in the last fiscal year, growing by 219.87% from $0.31 three years ago.  ROE increased steadily to 13.38% in the last year compared to only 5.98% three years ago. Forward 12M revenue is expected to grow at a rate of 1.52% over the next 12 months. The stock trades with a Forward 12M P/E of 19.05.

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FTI Consulting Inc (FCN)

FTI Consulting Inc FCN is next on the list, and the company provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. Our deep learning algorithms have given factor scores of B in Technical, C in Growth, A in Momentum Volatility, and B in Quality Value. The stock is up 3.69% for the year. As for the financials, revenue grew by 2.34% during the last fiscal year to $2352.72M, growing by 33.19% over the last three fiscal years from $1807.73M. Operating Income grew by 79.28% over the last three fiscal years to $307.97M in the last fiscal year compared to $151.89M three years ago. EPS grew at 86.1% in the last three years to $5.69 in the last fiscal year when compared to $2.75 three years ago. Finally, ROE was 15.27% in the last year, better compared to 9.0% three years ago. Revenue growth is expected to clock a growth rate of 2.73% in the next 12 months and the stock is trading at a forward 12M P/E of 19.32.

MORE FROM FORBESFTI Consulting (FCN)

General Dynamics Corp (GD)

General Dynamics Corp is next on the list, the company operates as an aerospace and defense company worldwide. It operates through five segments: Aerospace, Combat Systems, Information Technology, Mission Systems, and Marine Systems. Our deep learning algorithms have given factor scores of A in Technical, C in Growth, A in Momentum Volatility, and B in Quality Value. The stock is down 13.85% for the year. As for the financials, revenue grew by 24.45% over the last three fiscal years to $39350.0M in the last fiscal year from $30973.0M three years ago. Operating Income grew to $4664.0M in the last fiscal year compared to $4177.0M three years ago at a growth rate of 5.1%. EPS grew at 17.87% in three years from $9.56 to $11.98 in the last fiscal year. Finally, ROE inched higher towards 27.53% in the last year compared to 26.79% three years ago. Revenue growth is expected to clock a growth rate of 2.34% in the next 12 months and the stock is trading at a reasonable forward 12M P/E of 12.99.

MORE FROM FORBESGeneral Dynamics (GD)

Great Lakes Dredge & Dock Cp (GLDD)

Great Lakes Dredge & Dock Cp provides dredging services in the United States and internationally. The company engages in capital dredging that consists of port expansion projects, coastal restoration, and land reclamations, trench digging for pipelines, tunnels and cables, and other dredging related to the construction of different marine structures. Our AI has given factor scores of C in Technical, B in Growth, B in Momentum Volatility, and A in Quality Value and the stock is down 14.24% for the year. As for the financials, grew by 1.15% in the last fiscal year to $711.52M and grew by 24.39% over the last three fiscal years from $592.16M. Operating Income grew at a higher rate of 13.94% to $94.65M in the last fiscal year and by 1018.06% from $9.64M three years ago. EPS grew by 33.25% to $0.76 in the last fiscal year compared to $(0.51) three years ago. ROE was 22.52% in the last year compared to (6.55%) three years ago. The valuation seems reasonable as the stock trades with a forward 12M P/E of 13.99.

MORE FROM FORBESGreat Lakes Dredge & Dock Cp (GLDD)

Teledyne Technologies Inc (TDY)

And finally, we have Teledyne Technologies Inc TDY . Teledyne Technologies Inc provides instrumentation, digital imaging, aerospace and defense electronics, and engineered systems in the United States, the United Kingdom, Canada, the Netherlands, and internationally. The stock is down 7.58% for the year. Our deep learning algorithms have assigned factor scores of rated B in Technical, C in Growth, B in Momentum Volatility, and C in Quality Value. As far as financials are concerned, revenue grew by 0.02% to $3163.6M in the last fiscal year, compared to a growth of 21.53% from $2603.8M three years ago. Operating Income grew by 1.01% in the last fiscal year to $502.9M, which is a growth rate of 41.7% when compared to $358.5M three years ago. EPS figure surged by 68.75% in three years to $10.73 in the last fiscal year compared to $6.26 three years ago. ROE increased to 16.27% in the last year compared to 12.98% three years ago. Forward 12M revenue is expected to grow by 1.99% over the next 12 months and the stock trades with a forward 12M P/E of 32.45.

MORE FROM FORBESTeledyne Technologies (TDY)

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