Top Stocks To Buy Today As Markets Fall From Record Highs

Stocks came back down to earth to kick off the week after seeing robust gains to begin 2021. Despite a siege at the Capitol, a raging pandemic, disappointing jobs data, and a clunky vaccine roll-out, stocks last week managed to show strong gains. Both the Dow and S&P saw a four-day win streak and gained 1.6% and 1.8% for the week, respectively. The Nasdaq also closed above 13,000 for the first time and gained 2.4%. Today though, the indices cooled off. The Dow Jones DOW fell 145 points, or 0.5%, the S&P 500 lost 0.7%, and the Nasdaq Composite dipped 1.3%. Amidst concerns of over stretched valuations and overly euphoric investors ignoring the current headwinds, investors will be closely monitoring impeachment proceedings, earnings announcements, and economic data this week. For investors looking to make the most of this market, the deep learning algorithms at Q.ai have crunched the data to give you a set of Top Buys. Our Artificial Intelligence (“AI”) systems assessed each firm on parameters of Technicals, Growth, Low Volatility Momentum, and Quality Value to find the best long plays.

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Aaon Inc (AAON)

Aaon Inc is our first Top Buy today. With needs for clean and filtered indoor air in high demand, Aaon is a company that could benefit. The company designs, manufactures and sells semi-custom HVAC equipment for both commercial and residential use. Our AI systems rated Aaon Inc C in Technicals, B in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 1.65% to $69.31 on volume of 251,396 vs its 10-day price average of $67.08 and its 22-day price average of $65.15, and is up 7.11% for the year. Revenue grew by 10.89% in the last fiscal year and grew by 28.43% over the last three fiscal years, Operating Income grew by 47.97% in the last fiscal year and grew by 35.1% over the last three fiscal years, and EPS grew by 44.13% in the last fiscal year and grew by 45.56% over the last three fiscal years. Revenue was $469.33M in the last fiscal year compared to $405.23M three years ago, Operating Income was $68.48M in the last fiscal year compared to $75.0M three years ago, EPS was $1.02 in the last fiscal year compared to $1.01 three years ago, and ROE was 19.91% in the last year compared to 24.3% three years ago. The stock is also trading with a Forward 12M P/E of 55.67.

MORE FROM FORBESAAON (AAON)

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Cable One Inc (CABO)

Cable One Inc is our next Top Buy today. Cable One, which recently rebranded itself as “Sparklight CABO ” is a broadband communications provider. Our AI systems rated Cable One Inc A in Technicals, B in Growth, C in Low Volatility Momentum, and C in Quality Value. The stock closed down 1.7% to $2064.36 on volume of 55,451 vs its 10-day price average of $2181.93 and its 22-day price average of $2175.03, and is down 4.08% for the year. Revenue grew by 11.92% in the last fiscal year and grew by 36.17% over the last three fiscal years, Operating Income grew by 14.26% in the last fiscal year and grew by 53.99% over the last three fiscal years, and EPS grew by 37.97% in the last fiscal year and grew by 4.93% over the last three fiscal years. Revenue was $1168.0M in the last fiscal year compared to $959.96M three years ago, Operating Income was $327.23M in the last fiscal year compared to $242.81M three years ago, EPS was $31.12 in the last fiscal year compared to $40.92 three years ago, and ROE was 22.09% in the last year compared to 41.05% three years ago. Forward 12M Revenue is expected to grow by 3.44% over the next 12 months, and the stock is trading with a Forward 12M P/E of 42.68.

MORE FROM FORBESCable One (CABO)

Lennar Corp (LEN)

Lennar LEN is our third Top Buy today. Since 2017, Lennar has been the largest homebuilder in the U.S. in terms of revenue after acquiring CalAtlantic Homes. Lennar also operates in 21 states, and owns Rialto Capital Management. Our AI systems rated Lennar B in Technicals, B in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 3.04% to $73.39 on volume of 2,484,758 vs its 10-day price average of $76.13 and its 22-day price average of $76.06, and is down 1.18% for the year. Revenue was $22488.85M in the last fiscal year compared to $20571.63M M three years ago, Operating Income was $3098.71M in the last fiscal year compared to $2428.1M three years ago, EPS was $7.85 in the last fiscal year compared to $5.44 three years ago, and ROE was 14.46% in the last year compared to 15.15% three years ago. The stock is also trading with a Forward 12M P/E of 7.63.

MORE FROM FORBESLennar (LEN)

MDC Holdings Inc (MDC)

MDC Holdings MDC is our fourth Top Buy today and second home builder on the list. Mdc Holdings is one of the top fifteen home builders in the United States and also provides mortgage financing services to customers- primarily its home buyers. Our AI systems rated the company B in Technicals, B in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 3.89% to $46.17 on volume of 526,493 vs its 10-day price average of $48.21 and its 22-day price average of $48.77, and is down 3.04% for the year. Revenue grew by 14.8% in the last fiscal year and grew by 46.67% over the last three fiscal years, Operating Income grew by 32.21% in the last fiscal year and grew by 120.62% over the last three fiscal years, and EPS grew by 28.77% in the last fiscal year and grew by 108.46% over the last three fiscal years. Revenue was $3293.25M in the last fiscal year compared to $2577.61M three years ago, Operating Income was $302.49M in the last fiscal year compared to $181.27M three years ago, EPS was $3.72 in the last fiscal year compared to $2.3 three years ago, and ROE was 14.19% in the last year compared to 10.4% three years ago. Forward 12M Revenue is expected to grow by 23.53% over the next 12 months, and the stock is trading with a Forward 12M P/E of 7.0.

MORE FROM FORBESM.D.C. Holdings (MDC)

Sterling Construction Co Inc (STRL)

Sterling Construction Co is our final Top Buy today. The company is primarily a heavy civil construction company involved in building and reconstructing transportation and water infrastructure. Our AI systems rated Sterling Construction B in Technicals, B in Growth, C in Low Volatility Momentum, and A in Quality Value. The stock closed down 2.36% to $21.92 on volume of 575,820 vs its 10-day price average of $19.66 and its 22-day price average of $18.98, and is up 22.6% for the year. Revenue grew by 26.68% in the last fiscal year and grew by 48.93% over the last three fiscal years, Operating Income grew by 100.35% in the last fiscal year and grew by 216.68% over the last three fiscal years, and EPS grew by 41.92% in the last fiscal year and grew by 385.18% over the last three fiscal years. Revenue was $1126.28M in the last fiscal year compared to $957.96M three years ago, Operating Income was $44.06M in the last fiscal year compared to $27.88M three years ago, EPS was $1.47 in the last fiscal year compared to $0.43 three years ago, and ROE was 20.69% in the last year compared to 12.44% three years ago. Forward 12M Revenue is expected to grow by 0.87% over the next 12 months, and the stock is trading with a Forward 12M P/E of 13.66.

MORE FROM FORBESSterling Construction (STRL)

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