Top Stocks To Buy Today As Markets Respond To Mixed Sentiment

Stimulus talks, poor retail data, and grim coronavirus numbers weighed on the major indices today. Although stocks surged yesterday on stimulus hopes, the indices showed some signs of weakness this morning reflecting the mixed bag of news being thrown at investors on a daily basis. The Dow Jones traded 47 points lower, or 0.2%, while the S&P 500 and Nasdaq NDAQ both slipped 0.1%. Although there is some progress on the stimulus front, time will tell what happens. Businesses and consumers are desperate for some kind of agreement before many provisions and benefits expire at the end of the month, and the economic recovery stalls. Retail sales data was not encouraging on this front as sales fell by 1.1% in November compared to estimates of 0.3%. But we may be closer to a stimulus deal than we realize. According to Politico, Congress was on the brink of a $900 billion stimulus deal that would include a new round of direct payments to consumers. However, that package would exclude a liability shield for businesses and state and local aid. House Speaker Nancy Pelosi, Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer and House Minority Leader Kevin McCarthy all met Tuesday to strike a bipartisan aid deal. Signs are pointing to a deal coming soon as McConnell said, “I’m optimistic that we’re gonna be able to complete an understanding sometime soon.” Investors are also eagerly anticipating the latest Federal Reserve statement with projections on the stance of monetary policy on Wednesday afternoon. The Fed’s long term view is expected to be improved due to the vaccine(s), however, a dovish tone is still to be expected. 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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Arcosa Inc (ACA)

Arcosa Inc is our first Top Buy today and is on our list for the second time today. Arcosa is a leading provider of infrastructure-related products and solutions serving construction, energy and transportation markets in North America. Our AI systems rated the company C in Technicals, C in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed up 2.48% to $54.23 on volume of 201,430 vs its 10-day price average of $54.1 and its 22-day price average of $53.88, and is up 18.93% for the year. Revenue grew by 10.75% in the last fiscal year and grew by 31.54% over the last three fiscal years, Operating Income grew by 11.77% in the last fiscal year and grew by 29.76% over the last three fiscal years, and EPS grew by 3.47% in the last fiscal year and grew by 30.6% over the last three fiscal years. Revenue was $1736.9M in the last fiscal year compared to $1462.4M three years ago, Operating Income was $152.9M in the last fiscal year compared to $131.7M three years ago, EPS was $2.32 in the last fiscal year compared to $1.84 three years ago, and ROE was 6.52% in the last year compared to 6.52% three years ago. Forward 12M Revenue is expected to grow by 0.53% over the next 12 months, and the stock is trading with a Forward 12M P/E of 22.93.

MORE FROM FORBESArcosa (ACA)

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Amazon.com (AMZN)

Amazon.com is our next Top Buy today. Amazon has been at the forefront of the e-commerce boom, and continues diversifying and innovating with its platform. Amazon is a juggernaut of a machine and truly shows no signs of slowing down- especially during holiday season. Our AI systems rated Amazon C AMZN in Technicals, A in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed up 0.26% to $3165.12 on volume of 3,202,057 vs its 10-day price average of $3153.23 and its 22-day price average of $3147.03, and is up 66.76% for the year. Revenue grew by 24.03% in the last fiscal year and grew by 95.62% over the last three fiscal years, Operating Income grew by 38.19% in the last fiscal year and grew by 384.78% over the last three fiscal years, and EPS grew by 48.64% in the last fiscal year and grew by 456.14% over the last three fiscal years. Revenue was $280522.0M in the last fiscal year compared to $177866.0M three years ago, Operating Income was $14404.0M in the last fiscal year compared to $4106.0M three years ago, EPS was $23.01 in the last fiscal year compared to $6.15 three years ago, and ROE was 21.94% in the last year compared to 12.91% three years ago. Forward 12M Revenue is expected to grow by 12.89% over the next 12 months, and the stock is trading with a Forward 12M P/E of 81.37.

MORE FROM FORBESAmazon (AMZN)

Salesforce.com Inc (CRM)

Salesforce CRM is our next Top Buy. Salesforce is a cloud computing company that provides customer relationship management services for businesses. It also sells a complementary suite of enterprise management applications focused on customer service, marketing automation, analytics, and application development. Salesforce has been in the news a lot over the last month due to its acquisition of work messaging platform Slack. Our AI systems rated Salesforce C in Technicals, B in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed down 0.51% to $220.15 on volume of 10,635,674 vs its 10-day price average of $223.05 and its 22-day price average of $239.36, and is up 31.83% for the year. Revenue grew by 18.65% in the last fiscal year and grew by 92.47% over the last three fiscal years, while EPS grew by 2472.25% in the last fiscal year, and grew by 687.42% over the last three fiscal years. Revenue was $17098.0M in the last fiscal year compared to $10540.0M three years ago, Operating Income was $503.0M in the last fiscal year compared to $454.0M three years ago, EPS was $0.15 in the last fiscal year compared to $0.49 three years ago, and ROE was 0.51% in the last year compared to 4.03% three years ago. Forward 12M Revenue is expected to grow by 14.13% over the next 12 months, and the stock is trading with a Forward 12M P/E of 66.8.

MORE FROM FORBESSalesforce.com (CRM)

Pfizer Inc (PFE)

Pfizer PFE is our next Top Buy today. Pfizer, one of the largest pharmaceutical companies in the world has been in the news a lot lately. Pfizer, in collaboration with German company BioNTEch finally released their COVID vaccine to the world and formally began their roll-out process. Although it may be a few months before the vaccine can reach the general public, Pfizer almost single-handedly spurred a broad market rally ever since the company announced its vaccine’s impressive clinical results on November 9th. However, the stock has somewhat pulled back over the last week. Our AI systems rated Pfizer C in Technicals, B in Growth, A in Momentum Volatility, and C in Quality Value. The stock closed down 1.28% to $38.71 on volume of 65,322,601 vs its 10-day price average of $40.77 and its 22-day price average of $38.61, and is up 8.61% for the year. Revenue was $51750.0M in the last fiscal year compared to $52546.0M three years ago, Operating Income was $15042.0M in the last fiscal year compared to $14711.0M three years ago, EPS was $2.87 in the last fiscal year compared to $3.52 three years ago, and ROE was 25.62% in the last year compared to 32.48% three years ago. Forward 12M Revenue is expected to grow by 1.68% over the next 12 months, and the stock is trading with a Forward 12M P/E of 13.53.

MORE FROM FORBESPfizer (PFE)

Masco Corp (MAS)

Masco Corp MAS is final next Top Buy today. Masco is a manufacturer of products for home improvement and new home construction, and is a conglomerate of over 20 companies. Masco operates nearly 60 manufacturing facilities in the United States and over 20 in other parts of the world. Our AI systems rated Masco A in Technicals, B in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.56% to $54.75 on volume of 2,124,385 vs its 10-day price average of $53.29 and its 22-day price average of $54.08 and is up 14.73% for the year. Revenue grew by 3.88% in the last fiscal year and grew by 15.85% over the last three fiscal years, Operating Income grew by 12.83% in the last fiscal year and grew by 21.04% over the last three fiscal years, and EPS grew by 69.42% in the last fiscal year and grew by 228.14% over the last three fiscal years. Revenue was $6707.0M in the last fiscal year compared to $6014.0M three years ago, Operating Income was $1076.0M in the last fiscal year compared to $1003.0M three years ago, EPS was $3.23 in the last fiscal year compared to $1.67 three years ago, and ROE was 10523.08% in the last year compared to 1182.5% three years ago. Forward 12M Revenue is expected to grow by 3.1% over the next 12 months, and the stock is trading with a Forward 12M P/E of 17.02.

MORE FROM FORBESMasco (MAS)

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