Top Stocks To Buy Today As Markets Rebound On Stimulus Hopes

The tug of war between good news and bad news continues. After stocks sharply declined from early gains on Monday, largely due to New York City Mayor Bill De Blasio’s comments about re-shutting down the largest city in the nation, markets were set to recover on Tuesday. Optimistic investors were encouraged by Pfizer’s PFE COVID-19 vaccine rollout, what appears to be imminent approval of Moderna’s vaccine, and stimulus hopes. The Dow gained 196 points, or 0.7%, the S&P 500 advanced 0.6%, and the Nasdaq NDAQ gained 0.4%. Apple AAPL led the Dow higher and rose 3.7% after Nikkei reported that the company will increase iPhone production by about 30% in the first half of 2021. Tech and energy were also the best-performing sectors in the S&P 500, gaining 1.2% each. 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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Cooper Tire & Rubber Co (CTB)

Cooper Tire & Rubber CTB is our first Top Buy today. A publicly traded company since 1960, Cooper Tire & Rubber is a company focused on the design, manufacture, marketing and sales of replacement automobile and truck tires. It also owns several worldwide subsidiaries that specialize in medium truck, motorcycle and racing tires. Our AI systems rated Cooper Tire & Rubber C in Technicals, A in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.98% to $38.99 on volume of 355,766 vs its 10-day price average of $40.21 and its 22-day price average of $40.4, and is up 36.09% for the year. Operating Income grew by 19.74% in the last fiscal year, while EPS grew by 61.75% in the last fiscal year and grew by 70.69% over the last three fiscal years. Revenue was $2752.64M in the last fiscal year compared to $2854.66M three years ago, Operating Income was $182.77M in the last fiscal year compared to $303.28M three years ago, EPS was $1.91 in the last fiscal year compared to $1.81 three years ago, and ROE was 7.68% in the last year compared to 8.35% three years ago. Forward 12M Revenue is expected to grow by 11.14% over the next 12 months, and the stock is trading with a Forward 12M P/E of 11.94.

MORE FROM FORBESCooper Tire & Rubber (CTB)

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National Beverage Corp (FIZZ)

National Beverage Corp FIZZ is our second Top Buy today. An American beverage developer, manufacturer, and distributor, National Beverage Corp is the fifth-largest soft drink company in the United States according to Beverage Digest. Our AI systems rated the company D in Technicals, B in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 3.8% to $81.19 on volume of 349,671 vs its 10-day price average of $91.15 and its 22-day price average of $91.29, and is up 72.38% for the year. Revenue grew by 5.0% in the last fiscal year and grew by 7.65% over the last three fiscal years, Operating Income grew by 25.36% in the last fiscal year and grew by 1.76% over the last three fiscal years, and EPS grew by 24.11% in the last fiscal year and grew by 8.16% over the last three fiscal years. Revenue was $1000.39M in the last fiscal year compared to $975.73M three years ago, Operating Income was $165.75M in the last fiscal year compared to $204.19M three years ago, EPS was $2.78 in the last fiscal year compared to $3.19 three years ago, and ROE was 33.16% in the last year compared to 51.91% three years ago. Forward 12M Revenue is expected to grow by 2.42% over the next 12 months, and the stock is trading with a Forward 12M P/E of 21.78.

MORE FROM FORBESNational Beverage

Lockheed Martin Corp (LMT)

Aerospace, defense, arms, security, and advanced technologies giant Lockheed Martin LMT is our next Top Buy today. Globally, Lockheed Martin is one of the largest companies in the aerospace and defense sector in terms of revenue, and attributes nearly half of its sales to the U.S. Department of Defense. Lockheed Martin is also a contractor for the U.S. Department of Energy and NASA. Our AI systems rated Lockheed Martin C in Technicals, B in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed down 1.12% to $357.66 on volume of 1,335,600 vs its 10-day price average of $361.25 and its 22-day price average of $366.75, and is down 8.1% for the year. Revenue grew by 7.41% in the last fiscal year and grew by 28.59% over the last three fiscal years, Operating Income grew by 11.3% in the last fiscal year and grew by 53.19% over the last three fiscal years, and EPS grew by 5.74% in the last fiscal year and grew by 243.8% over the last three fiscal years. Revenue was $59812.0M in the last fiscal year compared to $49960.0M three years ago, Operating Income was $7698.0M in the last fiscal year compared to $5593.0M three years ago, EPS was $21.95 in the last fiscal year compared to $6.75 three years ago, and ROE was 269.7% in the last year compared to 455.42% three years ago. Forward 12M Revenue is expected to grow by 2.94% over the next 12 months, and the stock is trading with a Forward 12M P/E of 13.89.

MORE FROM FORBESLockheed Martin (LMT)

Price (T. Rowe) Group (TROW)

Baltimore-based investment bank T. Rowe Price TROW is our next Top Buy today. T. Rowe Price offers funds, advisory services, account management, and retirement plans for individuals, institutions, and financial intermediaries, and currently has over $1.3 trillion assets under management. Our AI systems rated T. Rowe C in Technicals, C in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed down 2.4% to $147.86 on volume of 1,410,223 vs its 10-day price average of $149.93 and its 22-day price average of $145.31, and is up 20.86% for the year. Revenue grew by 5.78% in the last fiscal year and grew by 22.4% over the last three fiscal years, Operating Income grew by 7.67% in the last fiscal year and grew by 24.83% over the last three fiscal years, and EPS grew by 2.19% in the last fiscal year and grew by 48.92% over the last three fiscal years. Revenue was $5617.9M in the last fiscal year compared to $4854.9M three years ago, Operating Income was $2387.0M in the last fiscal year compared to $2058.8M three years ago, EPS was $8.7 in the last fiscal year compared to $5.97 three years ago, and ROE was 29.81% in the last year compared to 25.27% three years ago. Forward 12M Revenue is expected to grow by 9.89% over the next 12 months, and the stock is trading with a Forward 12M P/E of 14.48.

MORE FROM FORBEST Rowe Price (TROW)

Walmart Inc (WMT)

Walmart is our final Top Buy today, and is a Top Buy for the third consecutive day. After reporting Q3 earnings last month, it is fairly apparent that Walmart has successfully adapted and evolved throughout this pandemic and is primed to continue its strong run. Walmart’s U.S. e-commerce sales soared by 79% in the third quarter- a very impressive number for a supposed brick and mortar retailer that could continue soaring during this holiday season. Walmart is the largest company in the world in terms of revenue, and is the largest private employer in the world. As of 2019, Walmart was also the largest grocery retailer in the US. Our AI systems rated Walmart B in Technicals, C in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed down 0.92% to $145.65 on volume of 8,329,482 vs its 10-day price average of $148.31 and its 22-day price average of $149.41, and is up 24.52% for the year. Revenue grew by 4.73% in the last fiscal year and grew by 9.67% over the last three fiscal years, Operating Income grew by 8.45% in the last fiscal year and grew by 11.21% over the last three fiscal years, and EPS grew by 33.53% in the last fiscal year and grew by 111.29% over the last three fiscal years. Revenue was $523964.0M in the last fiscal year compared to $500343.0M three years ago, Operating Income was $21468.0M in the last fiscal year compared to $20937.0M three years ago, EPS was $5.19 in the last fiscal year compared to $3.28 three years ago, and ROE was 18.86% in the last year compared to 13.04% three years ago. Forward 12M Revenue is expected to grow by 0.44% over the next 12 months, and the stock is trading with a Forward 12M P/E of 25.71.

MORE FROM FORBESWalmart (WMT)

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