Top Stocks To Buy Today As Rocky September Leads To Loss Records

The Dow began Friday already down 3% for the week, with the S&P 500 trailing behind 2.2% for the week as well. The Nasdaq NDAQ has not fared much better this week, as it’s down 1.1% so far. There has been a small bounce in the morning session as stocks try to rebound off their lows for the week. However, this marks the longest weekly downturn of the market since August 2019. The turbulent month of September can be attributed to major selloffs in the technology sector, which has levelled off in the past few days. For investors looking to make sense of these interesting times and try to catch some bargains, 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 Technical, Growth, Momentum Volatility, and Quality Value to find the best long plays.

Sign up for the free Forbes AI Investor newsletter here to join an exclusive AI investing community and get premium investing ideas before markets open.

Activision Blizzard Inc (ATVI)

The first stock on our Top Buys list is Activision Blizzard Inc ATVI . Based in Santa Monica, CA, this video game holding company develops and publishes interactive entertainment. Our AI systems have rated ATVI a D in Technical, A in Growth, A in Momentum Volatility, and B in Quality Value. The stock closed down 0.55% to $79.69 on volume 5,023,697 vs its 10-day price average of $80.16 and its 22-day price average of $80.97, and it’s up 35.87% for the year. Revenue grew by 7.69% in the last fiscal year and grew by 5550.27% over the last three fiscal years. Revenue was $6489.0M in the last fiscal year and compares to $7017.0M three years ago. Operating Income was $1744.0M in the last fiscal year compared to $1324.0M three years ago. EPS was $1.95 in the last fiscal year compared to $0.36 three years ago. ROE was 12.42% in the last year compared to 2.94% three years ago. The stock is also trading with a Forward 12M P/E of 26.4.

Recommended For You

MORE FROM FORBESActivision Blizzard (ATVI)

Lennar Corp (LEN)

Next on our list of Top Buys is Lennar Corp, one of the largest homebuilder company’s on the market. Our AI systems have rated LEN a B in Technical, B in Growth, B in Momentum Volatility, C in Quality Value. The stock closed up 1.65% to $77.54 on volume of 2,584,827 vs its 10-day price average of $77.9 and its 22-day price average of $76.85. The stock is up 38.94% for the year. Revenue grew by 1.68% in the last fiscal year, and grew by 78.98% over the last three fiscal years. Operating Income grew by 17.08% in the last fiscal year, and grew by 115.59% over the last three fiscal years. EPS grew by 24.69% in the last fiscal year, and grew by 111.84% over the last three fiscal years. Revenue was $22259.56M in the last fiscal year, compared to $12646.36M three years ago. Operating Income was $2487.39M in the last fiscal year, compared to $1350.87M three years ago. EPS was $5.74 in the last fiscal year, compared to $3.38 three years ago. ROE was 11.99% in the last year, compared to 10.16% three years ago. The stock’s Forward 12M Revenue is expected to grow by 7.01% over the next 12 months, and the stock is trading with a Forward 12M P/E of 10.01.

MORE FROM FORBESLennar (LEN)

PerkinElmer Inc (PKI)

PerkinElmer Inc PKI is next on our list of Top Buys. The company provides technology services and solutions in the segments of Human Health and Environmental Health. Our AI systems have rated the company a C in Technical, A in Growth, A in Momentum Volatility, B in Quality Value. The stock closed up 0.32% to $117.96 on volume of 646,828 vs its 10-day price average of $118.57 and its 22-day price average of $117.36. The stock is up 19.32% for the year. Revenue grew by 3.22% in the last fiscal year, and grew by 31.88% over the last three fiscal years. Operating Income grew by 14.4% in the last fiscal year, and grew by 43.34% over the last three fiscal years. EPS grew by 28.95% in the last fiscal year. Revenue was $2883.67M in the last fiscal year, compared to $2256.98M three years ago. Operating Income was $400.47M in the last fiscal year, compared to $319.63M three years ago. EPS was $2.04 in the last fiscal year, compared to $2.64 three years ago. ROE was 8.44% in the last year, compared to 6.74% three years ago. The stock’s Forward 12M Revenue is expected to grow by 5.66% over the next 12 months, and it’s trading with a Forward 12M P/E of 19.73.

MORE FROM FORBESPerkinElmer (PKI)

Thor Industries Inc (THO)

Fourth on our list of Top Buys is Thor Industries Inc THO , a large manufacturer that sells recreational vehicles, something that has higher demand this year with more staycations. Our AI systems have rated the company a B in Technical, C in Growth, C in Momentum Volatility, B in Quality Value. The stock closed down 1.9% to $91.95 on volume of 1,070,173 vs its 10-day price average of $92.87 and its 22-day price average of $94.49. The stock is up 24.51% for the year. Revenue grew by 3.69% in the last fiscal year, and grew by 12.53% over the last three fiscal years. EPS grew by 43.61% in the last fiscal year. Revenue was $7864.76M in the last fiscal year, compared to $7246.95M three years ago. Operating Income was $422.83M in the last fiscal year, compared to $559.81M three years ago. EPS was $2.47 in the last fiscal year, compared to $7.09 three years ago. ROE was 6.57% in the last year, compared to 26.34% three years ago. The stock’s Forward 12M Revenue is expected to grow by 15.51% over the next 12 months, and it’s trading with a Forward 12M P/E of 16.53.

MORE FROM FORBESThor Industries (THO)

Vectrus Inc (VEC)

Last on our list of Top Buys is Vectrus Inc. The company provides IT logistics and support services around the globe, and with the majority of the population still working from home, has been in high demand as of late. Our AI systems have rated Vectrus Inc. a B in Technical, B in Growth, C in Momentum Volatility, B in Quality Value. The stock closed up 0.73% to $38.75 on volume of 70,919 vs its 10-day price average of $39.94 and its 22-day price average of $41.05. The stock is down 26.41% for the year. Revenue grew by 2.19% in the last fiscal year, and grew by 26.75% over the last three fiscal years. Operating Income grew by 11.46% over the last three fiscal years. Revenue was $1382.64M in the last fiscal year, compared to $1114.79M three years ago. Operating Income was $52.62M in the last fiscal year, compared to $41.22M three years ago. EPS was $2.99 in the last fiscal year, compared to $5.31 three years ago. ROE was 14.38% in the last year, compared to 39.56% three years ago. The stock’s Forward 12M Revenue is expected to grow by 4.23% and is trading with a Forward 12M P/E of 10.85.

Liked what you read? Sign up for our free Forbes AI Investor Newsletter here to get AI driven investing ideas weekly. For a limited time, subscribers can join an exclusive slack group to get these ideas before markets open.

Comments are closed.