Top Stocks To Buy Today As Vaccine Hopes Push Markets Higher

Stocks markets are trading higher overall, while gold prices are down, and Treasury yields have increased. Technology stocks are under more pressure as a rotation out of the top winners of the year continues, which is leading to a decline in the Nasdaq Composite. The Dow Industrials, on the other hand, is up 1% after positive news came in from Russia with a vaccine for COVID-19. Whether or not it is a safe vaccine that will be globally accepted is in question, but it is lifting sentiment as more expect additional vaccines to be developed this year. Our deep learning algorithms have parsed through the data and used Artificial Intelligence (“AI”) to help you spot the Top Buys for today.

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Amazon.Com Inc (AMZN)

First, on the list today is Amazon.com Inc AMZN , a company engages in the retail sale of consumer products and subscriptions in North America and internationally. The company also manufactures and sells electronic devices and provides computing, storage, database, and other AWS services. Our AI technology has identified factor scores of rated A in Technical, A in Growth, A in Momentum Volatility, and B in Quality Value for the stock that is up 65.87% for the year. As for the financials, revenue grew by 14.71% in the last year to $280522.0M, growing by 80.91% from $177866.0M three years ago. Operating income saw a sharper rise, growing by 16.16% in the last fiscal year to $14404.0M and by 307.5% from $4106.0M three years ago. EPS also grew by 13.15% to $23.01 in the last fiscal year, growing by 323.36% from $6.15 three years ago.  ROE increased steadily to 21.94% in the last year compared to 12.91% three years ago. Forward 12M revenue is expected to grow at a rate of 7.25% over the next 12 months. The stock trades with a Forward 12M P/E of 91.03.

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Adtalem Global Education Inc (ATGE)

Adtalem Global Education Inc ATGE is next on the list, the company provides educational services worldwide. It operates through three segments: Medical and Healthcare, Professional Education, and Technology and Business. Our deep learning algorithms have given factor scores of B in Technical, B in Growth, A in Momentum Volatility, and A in Quality Value. The stock is up 6.77% for the year. As for the financials, revenue grew by 3.44% during the last fiscal year to $1239.69M, growing by 6.16% over the last three fiscal years from $1207.91M. Operating Income grew slightly to $203.24M in the last fiscal year compared to $200.62M three years ago. EPS grew at 148.04% to $1.61 in the last fiscal year, compared to a growth of 109.3% from $1.91 three years ago. Finally, ROE was 9.29% in the last year, better compared to 7.42% three years ago. Revenue growth is expected to clock a growth rate of 2.86% in the next 12 months and the stock is trading at a reasonable forward 12M P/E of 13.61.

MORE FROM FORBESAdtalem Global Education (ATGE)

Formfactor Inc (FORM)  

Formfactor Inc is a company that designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, and thermal sub-systems. It operates in two segments, Probe Cards, and Systems. Our AI technology has identified factor scores of rated C in Technical, B in Growth, A in Momentum Volatility, and B in Quality Value for the stock that is up 5.09% for the year. As or the financials, revenue grew by 8.2% in the last fiscal year to $589.46M, growing by 16.3% from $548.44M three years ago. Operating Income grew by 48.03% to $50.63M in the last fiscal year and by 59.89% from $46.87M three years ago. EPS grew at a higher rate of 58.27% in the last fiscal year to $0.51 in the last year, growing by 46.76% from $0.55 three years ago. ROE figures fell to 6.44% in the last year from 9.52% three years ago. Forward 12M revenue is expected to clock a growth rate of 3.25% over the next 12 months. The stock is trading with a Forward 12M P/E of 20.96.

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Schweitzer-Mauduit International Inc (SWM)

Schweitzer-Mauduit International Inc is a company that provides engineered solutions and advanced materials for various industries worldwide. The company operates through two segments, Advanced Materials & Structures and Engineered Papers. Our AI has given factor scores of C in Technical, C in Growth, B in Momentum Volatility, and B in Quality Value to the stock that has lost 16.42% for the year. Looking at the financials, revenue grew by 2.9% to $1022.8M in the last fiscal year, compared to a growth of 6.5% over the last three fiscal years from $982.1M. Operating Income grew to $135.6M in the last fiscal year from $133.1M three years ago. EPS increased by 6.5% in the last fiscal year to $2.76 and grew by 162.1% over the last three fiscal years from $1.12. The ROE figure jumped to 14.85% in the last year compared to 6.52% three years ago Revenue is expected to grow by 2.47% over the next 12 months and the stock is trading with an attractive Forward 12M P/E of 10.62.

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TPI Composites Inc (TPIC)

And finally, we have TPI Composites Inc. TPI Composites Inc manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers. The company also provides composite solutions for the transportation industry. The stock is up 66.14% for the year. Our deep learning algorithms have assigned factor scores of rated B in Technical, A in Growth, C in Momentum Volatility, and C in Quality Value. As far as financials are concerned, revenue grew by 6.95% to $1436.5M in the last fiscal year, compared to a growth of 60.85% from $955.2M three years ago. Operating Income fell to $37.93M in the last fiscal year from $70.1M three years ago. EPS turned negative to $(0.45) in the last fiscal year compared to $1.11 three years ago. ROE also deteriorated to (7.37%) in the last year compared to 23.69% three years ago. Forward 12M revenue is expected to grow by 5.54% over the next 12 months and the stock trades with a forward 12M P/E of 21.83.

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