After stocks cooled off for much of this shortened week, the indices saw a sharp recovery on Friday after Treasury Secretary Janet Yellen pushed for more stimulus. The Dow rose 55 points, while the S&P 500 advanced 0.25%, and the Nasdaq NDAQ led with a 0.5% gain. After jobless claims underperformed yesterday, Yellen’s comments sent cyclical stocks such as industrials, financials, and energy sectors higher. Utilities and communications services, however, primarily lagged. 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 Top Buys.
Sign up for the free Forbes AI Investor newsletter here to join an exclusive AI investing community and get premium investing ideas before markets open.
Acushnet Holdings Corp (GOLF)
Acushnet Holdings Corp is today’s first Top Buy. Acushnet Holdings is a holding company that through its subsidiaries designs, develops, manufactures, and distributes golf products. Our AI systems rated the company D in Technicals, B in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 2.27% to $44.34 on volume of 156,686 vs its 10-day price average of $45.97 and its 22-day price average of $43.6, and is up 8.57% for the year. Revenue was $1681.36M in the last fiscal year compared to $1560.26M three years ago, Operating Income was $184.84M in the last fiscal year compared to $166.31M three years ago, EPS was $1.6 in the last fiscal year compared to $1.32 three years ago, and ROE was 13.26% in the last year compared to 12.72% three years ago. Forward 12M Revenue is expected to grow by 9.51% over the next 12 months, and the stock is trading with a Forward 12M P/E of 25.63.
MORE FROM FORBESAcushnet Holdings (GOLF)
Hub Group Inc -Cl A (HUBG)
Hub Group Inc HUBG is our second Top Buy. Hub Group is an important player in supply chain management and logistics,and offers solutions ranging from intermodal, truckload, dedicated and logistics services. Our AI systems rated the company B in Technicals, C in Growth, C in Low Volatility Momentum, and B in Quality Value. The stock closed down 1.58% to $54.22 on volume of 187,681 vs its 10-day price average of $56.46 and its 22-day price average of $56.81, and is down 1.92% for the year. Revenue was $3495.64M in the last fiscal year compared to $3683.59M three years ago, Operating Income was $105.83M in the last fiscal year compared to $121.62M three years ago, EPS was $2.19 in the last fiscal year compared to $6.01 three years ago, and ROE was 6.59% in the last year compared to 10.01% three years ago. The stock is also trading with a Forward 12M P/E of 17.25.
MORE FROM FORBESHub Group (HUBG)
Lamar Advertising Co -Cl A (LAMR)
Lamar Advertising LAMR is our third Top Buy. Lamar Advertising is a specialist in outdoor marketing, and rents advertising space on billboards, buses, shelters, benches, logo plates, and in airport terminals. Our AI systems rated the company A in Technicals, A in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.79% to $84.32 on volume of 249,790 vs its 10-day price average of $86.48 and its 22-day price average of $84.71, and is up 5.03% for the year. Revenue grew by 4.01% over the last three fiscal years, and was $1753.64M in the last fiscal year compared to $1541.26M three years ago. Operating Income was $510.5M in the last fiscal year compared to $450.7M three years ago, EPS was $3.71 in the last fiscal year compared to $3.23 three years ago, and ROE was 32.19% in the last year compared to 29.24% three years ago. Forward 12M Revenue is expected to grow by 4.61% over the next 12 months, and the stock is trading with a Forward 12M P/E of 31.49.
MORE FROM FORBESLamar Advertising Company (LAMR)
Ttm Technologies Inc (TTMI)
Our fourth Top Buy today is Ttm Technologies Inc. Ttm is a leading independent supplier of time-critical, technologically advanced printed circuit boards. Our AI systems rated the company C in Technicals, A in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 0.28% to $14.29 on volume of 591,314 vs its 10-day price average of $14.13 and its 22-day price average of $14.0, and is up 3.93% for the year. Revenue was $2105.32M in the last fiscal year compared to $2847.26M three years ago, Operating Income was $119.89M in the last fiscal year compared to $182.78M three years ago, EPS was $1.67 in the last fiscal year compared to $1.38 three years ago, and ROE was (1.2%) in the last year compared to 15.51% three years ago. The stock is also trading with a Forward 12M P/E of 11.51.
MORE FROM FORBESTtm Technologies (TTMI)
Visa Inc (V)
The final Top Buy for today is Visa V . Visa, best known for its credit cards, has evolved into something so much more. It’s evolved into a multinational financial services corporation facilitating electronic funds transfers throughout the world. Most commonly its credit cards, debit cards and prepaid cards, are the sources of these transfers, however it has also become a legitimate FinTech innovator. Our AI systems rated Visa C in Technicals, B in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed up 0.89% to $209.35 on volume of 7,309,839 vs its 10-day price average of $208.17 and its 22-day price average of $203.85, and is down 3.72% for the year. Revenue grew by 4.22% over the last three fiscal years, Operating Income grew by 2.57% over the last three fiscal years, and EPS grew by 9.52% over the last three fiscal years. Revenue was $21846.0M in the last fiscal year compared to $20609.0M three years ago, Operating Income was $14125.0M in the last fiscal year compared to $13604.0M three years ago, EPS was $4.89 in the last fiscal year compared to $4.42 three years ago, and ROE was 30.65% in the last year compared to 30.86% three years ago. Forward 12M Revenue is expected to grow by 3.93% over the next 12 months, and the stock is trading with a Forward 12M P/E of 36.42.
MORE FROM FORBESVisa (V)
Liked what you read? Sign up for our free Forbes AI Investor Newsletter here to get AI driven investing ideas weekly. For a limited time, subscribers can join an exclusive slack group to get these ideas before markets open.