Top Stocks To Buy Today As S&P 500 Drops Amid Recovery Rally

The rally in recovery stocks was on pause today after the Dow Jones and S&P 500 declined. The Dow dropped 207 points, or 0.7%, while the S&P 500 declined by 0.4%. Although tech stocks sold-off earlier in the week after Pfizer PFE and BioNTech’s positive vaccine data sent recovery stocks surging, tech shares rose for the second day in a row with the Nasdaq NDAQ rising 0.3%. Big Tech led the way with Facebook climbing 1.1%, Amazon AMZN rising 0.5%, and Netflix NFLX advancing 0.6%, along with Alphabet and Microsoft MSFT . Although the vaccine data, and the FDA approval of Eli Lilly’s antibody drug certainly encouraged investors this week, it seems that reality is beginning to set back in. Coronavirus cases continue to rise to all-time highs, as new cases surged to record 144,000+ yesterday. Additionally, although many election jitters are out of the way, the incumbent president refuses to concede the election. If this continues to drag on or get worse before January, stocks could be adversely affected. 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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Crown Holdings Inc (CCK)

Crown Holdings CCK is our first Top Buy of today. The company is in the manufacturing space, and focuses most of its operations on supplying and manufacturing beverage packaging, food packaging, aerosol packaging, metal closures, and specialty packaging. Our AI systems rated Crown Holdings C in Technicals, B in Growth, C in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.17% to $94.34 on volume of 734,523 vs its 10-day price average of $91.88 and its 22-day price average of $88.69, and is up 30.65% for the year. Revenue grew by 31.11% over the last three fiscal years, while Operating Income grew by 0.18% over the last three fiscal years, and EPS grew by 1.04% in the last fiscal year and grew by 60.47% over the last three fiscal years. Revenue was $11665.0M in the last fiscal year compared to $8698.0M three years ago, Operating Income was $1180.0M in the last fiscal year compared to $1131.0M three years ago, EPS was $3.78 in the last fiscal year compared to $2.38 three years ago, and ROE was 37.0% in the last year compared to 53.8% three years ago. Forward 12M Revenue is expected to grow by 4.56% over the next 12 months, and the stock is trading with a Forward 12M P/E of 15.39.

MORE FROM FORBESCrown Holdings (CCK)

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MSCI Inc (MSCI)

Investment research and finance firm MSCI MSCI is our next Top Buy of the day. The company is a leader in equity research, and provides ETFs and indexes, portfolio risk and performance analytics, and governance tools for institutional investors and hedge funds. Our AI systems rated MSCI D in Technicals, B in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed up 4.53% to $397.02 on volume of 572,132 vs its 10-day price average of $382.61 and its 22-day price average of $367.68, and is up 50.16% for the year. Revenue grew by 6.45% in the last fiscal year and grew by 30.15% over the last three fiscal years, Operating Income grew by 12.49% in the last fiscal year and grew by 46.63% over the last three fiscal years, and EPS grew by 1.64% in the last fiscal year and grew by 102.35% over the last three fiscal years. Revenue was $1557.8M in the last fiscal year compared to $1274.17M three years ago, Operating Income was $755.7M in the last fiscal year compared to $579.77M three years ago, EPS was $6.59 in the last fiscal year, and compared to $3.31 three years ago, and ROE was 84.6% three years ago. Forward 12M Revenue is expected to grow by 7.63% over the next 12 months, and the stock is trading with a Forward 12M P/E of 49.34.

MORE FROM FORBESMSCI (MSCI)

Mettler-Toledo Intl Inc (MTD)

Mettler-Toledo is our third Top Buy for the day. The manufacturer operates in a very unique and distinct niche, and is the largest provider of the scales and weighing instruments for use in laboratory, industrial, and food retailing applications. 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 up 0.79% to $1134.4 on volume of 186,567 vs its 10-day price average of $1091.5 and its 22-day price average of $1059.96, and is up 40.91% for the year. Revenue grew by 9.77% over the last three fiscal years, Operating Income grew by 3.61% in the last fiscal year and grew by 23.74% over the last three fiscal years, and EPS grew by 5.88% in the last fiscal year and grew by 67.07% over the last three fiscal years. Revenue was $3008.65M in the last fiscal year compared to $2725.05M three years ago, Operating Income was $733.19M in the last fiscal year compared to $613.91M three years ago, EPS was $22.47 in the last fiscal year compared to $14.24 three years ago, and ROE was 111.02% in the last year compared to 76.56% three years ago. Forward 12M Revenue is expected to grow by 5.97% over the next 12 months, and the stock is trading with a Forward 12M P/E of 42.02.

MORE FROM FORBESMTD

Corporate Office Properties Trust (OFC)

Columbia, MD based REIT, Corporate Office Properties Trust, is our next Top Buy for the day. The commercial REIT primarily invests in office buildings in the suburbs of the Washington, D.C. area, and leases mainly to the U.S. government or companies in the arms industry. Our AI systems rated the company C in Technicals, C in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 1.05% to $24.52 on volume of 741,495 vs its 10-day price average of $23.37 and its 22-day price average of $23.65, and is down 12.37% for the year. Operating Income grew by 2.38% in the last fiscal year, and grew by 6.14% over the last three fiscal years. Revenue was $642.86M in the last fiscal year compared to $614.31M three years ago, Operating Income was $158.04M in the last fiscal year compared to $152.45M three years ago, EPS was $1.71 in the last fiscal year compared to $0.56 three years ago, and ROE was 11.76% in the last year compared to 4.78% three years ago. Forward 12M Revenue is expected to grow by 4.46% over the next 12 months, and the stock is trading with a Forward 12M P/E of 24.47.

MORE FROM FORBESCorporate Office Propert (OFC)

Sprouts Farmers Market (SFM)

Organic and natural foods supermarket chain Sprouts Farmers Market SFM is our final Top Buy of the day. Our AI systems rated Sprouts C in Technicals, A in Growth, C in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.75% to $20.16 on volume of 1,994,225 vs its 10-day price average of $19.7 and its 22-day price average of $20.52, and is up 8.45% for the year. Revenue grew by 10.6% in the last fiscal year and grew by 33.6% over the last three fiscal years, Operating Income grew by 55.94% in the last fiscal year and grew by 53.11% over the last three fiscal years, and EPS grew by 69.52% in the last fiscal year and grew by 84.26% over the last three fiscal years. Revenue was $5634.84M in the last fiscal year compared to $4664.61M three years ago, Operating Income was $222.66M in the last fiscal year compared to $226.77M three years ago, EPS was $1.25 in the last fiscal year compared to $1.15 three years ago, and ROE was 25.55% in the last year compared to 23.94% three years ago. Forward 12M Revenue is expected to grow by 0.25% over the next 12 months, and the stock is trading with a Forward 12M P/E of 10.96.

MORE FROM FORBESSprouts Farmers Markets, (SFM)

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