Top Stocks To Buy Today As U.S.-China Tensions Worsen

All major indices are trading in the red as the relation between the U.S. and China continues to sour after the U.S. consulate in Chengdu was ordered to be closed. Tech stocks were particularly under pressure that drove the Nasdaq lower. There was some positive news that put a check on the slide, as new home sales registered a jump of 13.8%, and crude oil traded higher on hopes of higher demand from easing of lockdown in several countries. Our deep learning algorithms have used Artificial Intelligence (“AI”) technology to identify several Top Buys today.

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Eversource Energy (ES)

The first name on our list is Eversource Energy, a public utility holding company that engages in the energy delivery business. Our AI algorithms have identified factor scores of A in Technical, B in Growth, A in Momentum Volatility, and B in Quality Value for the stock that is up 8.17% this year. Revenue for the company grew by 9.45% in the last three years to $8526.47M in the last fiscal year from $7751.95M three years ago. Operating Income grew by 2.67% in the last fiscal year to$1861.44M, lower compared to $1918.15M three years ago. EPS also fell to $2.81 in the last fiscal year compared to $3.11 three years ago but it did manage to grow by 1.88% in the last fiscal year. ROE was less volatile but it dropped from 9.01% three years ago to 7.5% in the last year. Revenue is projected to grow by 1.59% over the next 12 months and the stock is trading with a Forward 12M P/E of 24.39.

Jack Henry & Associates (JKHY)

Next on the Top Buy list is Jack Henry & Associates, a company that provides technology solutions and payment processing services primarily for financial services organizations in the United States. Our deep learning algorithms have given factor scores of A in Technical, B in Growth, A in Momentum Volatility, and B in Quality Value to the stock that is up 24.59% for the year. Revenue grew by 8.2% to $1552.69M in the last fiscal year, growing by 21.01% over the last three fiscal years from $1388.29M. Operating Income grew by 11.17% in the last fiscal year to $347.34M and grew by 14.1% over the last three fiscal years from $338.45M. EPS increased by 9.47% in the last fiscal year to $3.52, growing by 31.51% from $2.93 three years ago. ROE was at an impressive level of 19.76% in the last year, though lower than 22.64% three years ago. Revenue is expected to grow by 3.42% over the next 12 months and the stock trades with a Forward 12M P/E of 47.55.

Mondelez International Inc (MDLZ)

Mondelez International Inc manufactures, markets, and sells snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products, and is a Top Buy today. Our AI has assigned factor scores of B in Technical, C in Growth, A in Momentum Volatility, and B in Quality Value to the stock that is up 1.01% for the year and is expected to perform better. Revenue grew by 0.65% in the last fiscal year to $25868.0M and grew by 0.54% over the last three fiscal years from $25896.0M. Operating Income grew by 9.07% over the last three fiscal years to $4254.0M in the last fiscal year from $3750.0M three years ago. EPS improved by 37.35% over the last three fiscal years from $1.85 three years ago to $2.65 in the last fiscal year. ROE rose to 14.64% in the last year compared to 11.08% three years ago. Revenue in the next 12 months is projected to grow at a rate of 0.35% and the stock currently trades with a forward 12M P/E of 21.39.

Providence Service Corp (PRSC)

Providence Service Corp provides healthcare services in the United States. It operates through Non-Emergency Transportation Services (NET Services) and Matrix Investment segments. Our AI has given factor scores of C in Technical, A in Growth, A in Momentum Volatility, and B in Quality Value and the stock is up 38.12% for the year. As for the financials, revenue grew by 14.5% over the last three fiscal years from $1318.22M to $1509.94M in the last fiscal year. Operating Income grew by 15.84% in the last fiscal year to $29.0M, lower compared to $37.48M three years ago. EPS fell to $(0.27) in the last fiscal year compared to $3.12 three years ago, registering a growth rate of -393.25% in the last year. ROE also dropped to (1.26%) in the last year compared to 12.95% three years ago. Revenue is expected to grow by 3.93% over the next 12 months. The stock trades with a forward 12M P/E of 25.63.

Gibraltar Industries Inc (ROCK)

Our final Top Buy today is Gibraltar Industries Inc. The company manufactures and distributes building products for the renewable energy, conservation, residential, industrial, and infrastructure markets in North America and Asia. Our AI has given factor scores of C in Technical, B in Growth, B in Momentum Volatility, and A in Quality Value to the stock that is up 2.52% for the year. Looking at the financials, Revenue grew by 2.1% to $1047.44M in the last fiscal year and grew by 8.36% from $986.92M three years ago. Operating Income grew by 5.99% to $99.98M in the last fiscal year and by 7.82% from $98.28M three years ago. EPS followed a similar trend, growing by 8.95% to $1.99 in the last fiscal year and by 11.9% from $1.94 three years ago. ROE decreased to 10.25% in the last year from 12.69% three years ago. Revenue in the next 12 months is expected to grow by 1.47%. The stock is trading with a Forward 12M P/E of 22.31.

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