Top Stocks To Buy Today As Tech Sell-Off Hurts Nasdaq And S&P 500

If stocks can keep pace today, they will close with their first weekly gain in 3 weeks. While Trump’s anticipated blockage of TikTok and WeChat on Sunday somewhat muted gains at the open, markets largely opened mixed. While the Dow opened down 120 points, the S&P 500 and Nasdaq both opened slightly in the green, up .12% and 0.6% respectively. Downgrades of Lowe’s and Home Depot, Piper Sandler’s increased price target for Tesla, and Bank of America’s recommendation to increase Small Cap exposure also moved markets today. Tesla led the winners, up over 4% on the news of its price target increase, while Cruise Liners for the second day in a row led the losers, with Norwegian, Carnival, and Royal Caribbean all down over 3%. For investors looking to add to their portfolio, 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.

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Amkor Technology Inc (AMKR)

Semiconductor company Amkor Technology is first on our list of Top Buys. Our AI systems have them rated C in Technical, A in Growth, B in Momentum Volatility, and A in Quality Value. The stock closed down 0.09% to $11.48 on volume of 1,657,888 vs its 10-day price average of $11.3 and its 22-day price average of $12.13, and is down 13.42% for the year. Revenue grew by 13.21% in the last fiscal year and grew by 9.05% over the last three fiscal years, Operating Income grew by 60.06% in the last fiscal year and grew by 24.38% over the last three fiscal years, and EPS grew by 125.54% in the last fiscal year and grew by 2.52% over the last three fiscal years. Revenue was $4052.65M in the last fiscal year compared to $4207.03M three years ago, Operating Income was $231.41M in the last fiscal year compared to $297.79M three years ago, and EPS was $0.5 in the last fiscal year compared to $1.1 three years ago. ROE was also 6.38% in the last year vs 17.14% three years ago, and the stock is trading with a Forward 12M P/E of 13.43.

MORE FROM FORBESAmkor Technology (AMKR)

Air Products & Chemicals Inc (APD)

Gas and chemicals company Air Products & Chemicals Inc is next on our list of Top Buys. Our AI systems have rated the stock B in Technical, C in Growth, B in Momentum Volatility, and C in Quality Value. The stock closed down 0.16% to $301.98 on volume of 739,691 vs its 10-day price average of $300.14 and its 22-day price average of $296.05, and is up 30.65% for the year. Revenue grew by 7.72% over the last three fiscal years, while Operating Income grew by 4.35% in the last fiscal year and by 22.59% over the last three fiscal years, and EPS grew by 7.74% in the last fiscal year. Revenue was $8918.9M in the last fiscal year compared to $8187.6M three years ago, Operating Income was $2167.2M in the last fiscal year compared to $1844.8M three years ago, EPS was $7.94 in the last fiscal year compared to $13.65 three years ago, and ROE was 16.04% in the last year compared to 13.28% three years ago. Forward 12M Revenue is expected to grow by 3.87% over the next 12 months, and the stock is trading with a Forward 12M P/E of 32.12.

MORE FROM FORBESAir Products & Chemicals (APD)

HNI Corp (HNI)

HNI Corp is third on our list of Top Buys. The company, which was once named on Forbes’ “Platinum 400” list- also known as America’s Best Big Companies-is the world’s leading hearth products company. It also manufactures and markets gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories. Our AI systems have given the company ratings of B in Technical, C in Growth, C in Momentum Volatility, and A in Quality Value. The stock closed up 8.65% to $33.16 on volume of 606,138 vs its 10-day price average of $30.47 and its 22-day price average of $31.34, but is down 11.46% for the year. Operating Income grew by 0.6% in the last fiscal year and grew by 10.86% over the last three fiscal years. Revenue was $2246.95M in the last fiscal year compared to $2175.88M three years ago, Operating Income was $153.71M in the last fiscal year compared to $139.48M three years ago, and EPS was $2.54 in the last fiscal year, compared to $2.0 three years ago. ROE was also 19.26% in the last year vs 17.7% three years ago, and the stock is trading with a Forward 12M P/E of 23.86.

MORE FROM FORBESHNI (HNI)

Lennox International Inc (LII)

Fourth on the list of Top Buys is a Lennox International, a leader in manufacturing products for heating, ventilation, air conditioning, and refrigeration. Our AI systems have given the stock factor scores of A in Technical, B in Growth, A in Momentum Volatility, and C in Quality Value. The stock closed up 0.19% to $274.63 on volume of 231,833 vs its 10-day price average of $274.23 and its 22-day price average of $278.6. The stock is also up 12.35% for the year. EPS grew by 23.45% over the last three fiscal years. Revenue was $3807.2M in the last fiscal year compared to $3839.6M three years ago, Operating Income was $488.2M in the last fiscal year compared to $486.0M three years ago, and EPS was $10.38 in the last fiscal year compared to $7.14 three years ago. Forward 12M Revenue is expected to grow by 4.43% over the next 12 months, and the stock is trading with a Forward 12M P/E of 29.33.

MORE FROM FORBESLennox International (LII)

Old Republic Intl Corp (ORI)

Our final Top Buy is property insurance company Old Republic Intl Corp. Our AI systems have given the company ratings of B in Technical, C in Growth, A in Momentum Volatility, and C in Quality Value. The stock closed down 0.86% to $15.06 on volume of 1,998,103 vs its 10-day price average of $15.5 and its 22-day price average of $15.9, and is down 32.56% for the year. Revenue grew by 1.75% over the last three fiscal years, and was $7213.7M in the last fiscal year compared to $6263.1M three years ago. Operating Income was also $1362.6M in the last fiscal year compared to $788.7M three years ago, EPS was $3.51 in the last fiscal year compared to $1.92 three years ago, and ROE was 18.96% in the last year compared to 12.19% three years ago. The stock is also trading with a Forward 12M P/E of 9.56.

MORE FROM FORBESOld Republic International (ORI)

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