Top Stocks To Buy Today As Markets Slip Due To COVID Concerns

As COVID hits new highs in cases, deaths, and hospitalizations, investors are becoming increasingly concerned. After hitting record closing highs on Friday, to start this week off, the Dow fell 109 points, or 0.4%, and the S&P 500 dipped 0.01%. The Nasdaq NDAQ , however, rose 0.4% and hit another record high- indicating that investors may be returning to the “stay-at-home” trade due to reimposed shutdowns and restrictions. Chevron CVX and Intel INTC were the worst-performing Dow stocks, falling 2% and 1.7%, respectively. The energy sector also led the S&P 500 lower, and fell more than 2%. Facebook, Apple AAPL and Netflix NFLX all rose more than 1% to lead the Nasdaq higher. Tesla TSLA also gained 2.9%. 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 for today. Arcosa provides infrastructure construction services and builds transportation lines, energy projects, and other related properties. 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 3.87% to $54.75 on volume of 215,472 vs its 10-day price average of $53.71 and its 22-day price average of $52.72, and is up 20.07% 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 0.54% over the next 12 months, and the stock is trading with a Forward 12M P/E of 23.0.

MORE FROM FORBESArcosa (ACA)

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Fortune Brands Home & Security (FBHS)

Fortune Brands is our next Top Buy today. Fortune Brands FBHS is a home and security products company and is responsible for several well known brands in cabinetry, plumbing, door and security products. Some of its best known brands include Master Lock, Sentry Safe, MasterBrand Cabinets, Moen faucets, Therma-Tru entry door systems, and Waterloo tool storage products. Our AI systems rated the company C in Technicals, B in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 0.98% to $80.98 on volume of 812,835 vs its 10-day price average of $83.37 and its 22-day price average of $83.61, and is up 24.72% for the year. Revenue grew by 2.37% in the last fiscal year and grew by 11.69% over the last three fiscal years, Operating Income grew by 8.59% in the last fiscal year and grew by 11.49% over the last three fiscal years, and EPS grew by 15.0% in the last fiscal year and grew by 16.01% over the last three fiscal years. Revenue was $5764.6M in the last fiscal year compared to $5283.3M three years ago, Operating Income was $740.6M in the last fiscal year compared to $721.3M three years ago, EPS was $3.06 in the last fiscal year compared to $3.03 three years ago, and ROE was 18.72% in the last year compared to 19.15% three years ago. Forward 12M Revenue is expected to grow by 7.15% over the next 12 months, and the stock is trading with a Forward 12M P/E of 17.69.

MORE FROM FORBESFortune Brands Home & Security (FBHS)

Heartland Express Inc (HTLD)

Heartland Express is our third Top Buy today. The company is one of the best known and reputable trucking countries in the U.S.A. Our AI systems rated Heartland Express A in Technicals, B in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed up 1.64% to $18.64 on volume of 240,356 vs its 10-day price average of $18.71 and its 22-day price average of $18.87, and is down 10.26% for the year. Revenue grew by 10.03% in the last fiscal year and grew by 8.13% over the last three fiscal years, while Operating Income grew by 13.05% in the last fiscal year and grew by 94.51% over the last three fiscal years. Revenue was $596.82M in the last fiscal year compared to $607.34M three years ago, Operating Income was $63.43M in the last fiscal year compared to $36.87M three years ago, EPS was $0.89 in the last fiscal year compared to $0.9 three years ago, and ROE was 11.22% in the last year compared to 13.91% three years ago. Forward 12M Revenue is expected to grow by 3.46% over the next 12 months, and the stock is trading with a Forward 12M P/E of 18.15.

MORE FROM FORBESHeartland Express (HTLD)

PayPal Holdings Inc (PYPL)

PayPal PYPL is our fourth Top Buy today. PayPal has revolutionized finance and continues to be a FinTech innovator as a worldwide online payments system. PayPal has built itself into a platform that supports online money transfers from anywhere in the world, and also operates as a payment processor for online vendors, auction sites, and many other commercial users. Our AI systems rated PayPal B in Technicals, B in Growth, B in Low Volatility Momentum, and C in Quality Value. The stock closed up 1.51% to $217.77 on volume of 6,214,640 vs its 10-day price average of $210.09 and its 22-day price average of $200.27, and is up 96.63% for the year. Revenue grew by 14.22% in the last fiscal year and grew by 55.03% over the last three fiscal years, Operating Income grew by 15.16% in the last fiscal year and grew by 46.24% over the last three fiscal years, and EPS grew by 28.0% in the last fiscal year and grew by 80.25% over the last three fiscal years. Revenue was $17772.0M in the last fiscal year compared to $13094.0M three years ago, Operating Income was $2790.0M in the last fiscal year compared to $2197.0M three years ago, EPS was $2.07 in the last fiscal year compared to $1.47 three years ago, and ROE was 15.22% in the last year compared to 11.69% three years ago. Forward 12M Revenue is expected to grow by 13.7% over the next 12 months, and the stock is trading with a Forward 12M P/E of 51.47.

MORE FROM FORBESPayPal (PYPL)

Price (T. Rowe) Group (TROW)

T. Rowe Price is our final Top Buy today. The Baltimore-based investment bank, as of the end of 2019, had over $1.3 trillion assets under management, and 16 international offices serving clients in 47 countries. Our AI systems rated T. Rowe Price C in Technicals, C in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed up 1.64% to $152.53 on volume of 971,249 vs its 10-day price average of $144.95 and its 22-day price average of $141.52, and is up 24.68% 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 8.47% over the next 12 months, and the stock is trading with a Forward 12M P/E of 15.27.

MORE FROM FORBEST Rowe Price (TROW)

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