Top Stocks To Buy Today As Tech Rally Loses Steam

Markets were going between gains and losses this morning as tech shares tried to build on yesterday’s sharp rebound. Apple AAPL shares reversed from an almost 3% gain to trading flat for the morning, while the majors of Netflix NFLX and Microsoft MSFT both edged lower. The stimulus boost from the fiscal government remains on hold as both sides in Congress remain fair apart, even as weekly jobless claims came in at 884,000 last week versus estimates of 850,000. Continuing claims remain elevated at 13.385 million, putting pressure on the economic recovery. As momentum tries to reverse higher, the deep learning algorithms at Q.ai have gone through the data to give you some ideas for Top Buys if you’re looking to buy this market. Our deep learning algorithms graded each firm on parameters of Technical, Growth, Momentum Volatility, and Quality Value to determine the most promising candidates.

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Adobe Inc (ADBE)

First on the list of Top Buys today is software giant Adobe Inc ADBE . The stock has done incredibly well this year, up 43.37%, as the uptrend remains firmly in place despite a short selloff. Our AI systems have identified factor scores of C in Technical, A in Growth, B in Momentum Volatility, and A in Quality Value for the stock. The company provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. As for the financials, Revenue grew by 7.82% in the last fiscal year to $11171.3M, a growth of by 64.97% over the last three fiscal years from $7301.5M three years ago. Operating Income grew by 15.57% in the last fiscal year to $3268.12M, a growth of 74.21% over the last three fiscal years from $2168.09M three years ago. EPS grew by 26.32% in the last fiscal year to $6.0, a growth of 124.23% over the last three fiscal years from $3.38 three years ago. ROE was 29.67% in the last year, which compares to 21.33% three years ago. Forward 12M Revenue is expected to grow by 6.77% and the stock is trading with a Forward 12M P/E of 46.6.

MORE FROM FORBESAdobe (ADBE)

Chesapeake Utilities Corp (CPK)

Next on the Top Buy list this morning is Chesapeake Utilities Corp CPK with AI-based factor scores of C in Technical, B in Growth, A in Momentum Volatility, and B in Quality Value. The stock has not done well this year, down 16.18% for the year already. As for the financials, revenue grew by 5.49% over the last three fiscal years to $479.6M in the last fiscal, which compares to $449.65M three years ago. Operating Income grew by 14.37% over the last three fiscal years to $103.49M in the last fiscal, compared to $88.9M three years ago. EPS grew by 4.24% in the last fiscal year to $3.96, a growth of 16.54% over the last three fiscal years from $3.55 three years ago. ROE was 11.32% in the last year, which compares to 12.94% three years ago. Forward 12M Revenue is expected to grow by 11.36% and the stock is trading with a Forward 12M P/E of 18.96.

MORE FROM FORBESChesapeake Utilities (CPK)

Fortune Brands Home & Security Inc (FBHS)

Next on the Top Buys list is Fortune Brands Home & Security Inc FBHS , with AI-based factor scores of C in Technical, B in Growth, B in Momentum Volatility, and B in Quality Value. The stock has done well this year, now up 25.44%. The company is a leading home and security products company that operates four different business segments in the home and security space as a business model. As for the financials, revenue grew by 8.04% over the last three fiscal years to $5764.6M in the last fiscal, compared to $5283.3M three years ago. Operating Income grew by 2.93% in the last fiscal year to $740.6M, a growth of 5.68% over the last three fiscal years from $721.3M three years ago. EPS grew by 1.28% in the last fiscal year to $3.06, a growth of 2.18% over the last three fiscal years from $3.03 three years ago. ROE was 18.72% in the last year, which compares to 19.15% three years ago. Forward 12M Revenue is expected to grow by 3.07% and the stock is trading with a Forward 12M P/E of 20.61.

MORE FROM FORBESFortune Brands Home & Security (FBHS)

Mastercard Inc (MA)

Mastercard Inc makes the Top Buys this morning with our deep learning algorithms providing factor scores of A in Technical, C in Growth, B in Momentum Volatility, and A in Quality Value. The company is the second- largest payment processor in the world and processed $4.8 trillion in purchase transactions in 2019. Mastercard operates in over 200 countries and processes transactions in over 150 currencies. The stock has done well this year, gaining 11.95% so far. As for the financials, Revenue grew by 29.83% over the last three fiscal years to $16883.0M in the last fiscal, compared to $12497.0M three years ago. Operating Income grew by 32.22% over the last three fiscal years to $9667.0M in the last fiscal, which compares to $6809.0M three years ago. EPS grew by 97.96% over the last three fiscal years to $7.94 in the last fiscal, which compares to $3.65 three years ago. ROE was 141.43% in the last year, versus 69.59% three years ago. Forward 12M Revenue is expected to grow by 8.52% and the stock is trading with a Forward 12M P/E of 45.38.

Verisk Analytics Inc (VRSK)

Our final Top Buy today is Verisk Analytics Inc VRSK , with AI-based factor scores of D in Technical, A in Growth, B in Momentum Volatility, and A in Quality Value. The company is a data analytics provider offering decision support and risk-management solutions to the financial industry. That has been in high demand this year and is represented in the stock price gain of 21.07% for the year already. Revenue grew by 3.49% in the last fiscal year to $2607.1M, a growth of 25.77% over the last three fiscal years from $2145.2M three years ago. Operating Income grew by 8.65% in the last fiscal year to $831.1M, a growth of 11.76% over the last three fiscal years from $808.0M three years ago. EPS grew by 15.04% in the last fiscal year to $2.7, which compares to $3.29 three years ago. ROE was 20.77% in the last year, which compares to 34.08% three years ago. Forward 12M Revenue is expected to grow by 2.69% and the stock is trading with a Forward 12M P/E of 36.29.

MORE FROM FORBESVerisk Analytics (VRSK)

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