The market has been on quite a run this February. However, on Thursday, stocks took a dive thanks to disappointing jobless claims, weak data from Walmart, and a rotation out of tech. The Dow fell 250 points, the S&P 500 fell by 0.9%, and the Nasdaq NDAQ slipped by 1.2%. Despite encouraging retail sales data from yesterday that crushed estimates, and other positive economic indicators from the Labor Department, the jobless claims came in at 861,000, the highest level in a month and significantly above the forecasted 773,000. 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.
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Emcor Group Inc (EME)
Emcor Group Inc EME is our first Top Buy of the day. Emcor Group is a global leader in providing mechanical and electrical construction, industrial and energy infrastructure and facilities services to commercial, industrial, utility and institutional customers. Our AI systems rated the company B in Technicals, C in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 1.69% to $92.08 on volume of 172,279 vs its 10-day price average of $93.98 and its 22-day price average of $93.91, and is up 3.32% for the year. Revenue grew by 16.03% over the last three fiscal years, while Operating Income grew by 3.23% in the last fiscal year and grew by 22.83% over the last three fiscal years. Revenue was $9174.61M in the last fiscal year compared to $7687.0M three years ago, Operating Income was $463.97M in the last fiscal year compared to $389.95M three years ago, EPS was $5.75 in the last fiscal year compared to $3.82 three years ago, and ROE was 17.12% in the last year compared to 14.2% three years ago. Forward 12M Revenue is expected to grow by 0.24% over the next 12 months, and the stock is trading with a Forward 12M P/E of 15.94.
MORE FROM FORBESEMCOR Group (EME)
Gray Television Inc (GTN)
Gray Television Inc GTN is our next Top Buy. Gray Television is an Atlanta-based media company. It also owns and operates TV stations and leading digital properties in 93 television markets, including the number-one rated television station in 68 markets and the first or second highest rated television station in 87 markets. Our AI systems rated the company B in Technicals, A in Growth, C in Low Volatility Momentum, and A in Quality Value. The stock closed flat at $18.42 on volume of 308,264 vs its 10-day price average of $18.33 and its 22-day price average of $17.8, and is up 4.66% for the year. Revenue grew by 2.17% in the last fiscal year and grew by 145.53% over the last three fiscal years, Operating Income grew by 21.87% in the last fiscal year and grew by 183.8% over the last three fiscal years, and EPS grew by 84.01% in the last fiscal year. Revenue was $2122.0M in the last fiscal year compared to $883.0M three years ago, Operating Income was $503.0M in the last fiscal year compared to $216.0M three years ago, EPS was $1.27 in the last fiscal year compared to $3.55 three years ago, and ROE was 10.85% in the last year compared to 35.27% three years ago. The stock is also trading with a Forward 12M P/E of 5.97.
MORE FROM FORBESGray Television (GTN)
Hartford Financial Services (HIG)
Hartford Financial Services, better known as “The Hartford,” is our third Top Buy today. Hartford Financial Services is an investment and insurance company based in Hartford, CT as its name suggests. Our AI systems rated the company B in Technicals, A in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed up 2.66% to $50.1 on volume of 3,598,829 vs its 10-day price average of $50.08 and its 22-day price average of $50.1, and is up 3.75% for the year. Revenue was $20523.0M in the last fiscal year compared to $18925.0M three years ago, Operating Income was $2460.0M in the last fiscal year compared to $2074.0M three years ago, EPS was $4.76 in the last fiscal year compared to $4.94 three years ago, and ROE was 9.98% in the last year compared to 11.17% three years ago. The stock is also trading with a Forward 12M P/E of 9.39.
MORE FROM FORBESHartford Financial Services (HIG)
Intl Business Machines Corp (IBM)
Intl Business Machines Corp IBM , more commonly known as IBM, is our next Top Buy. IBM is a longtime technology and consulting company, and has continued to evolve and pivot its operations with the changing times. It has gotten significantly more involved in cloud computing and blockchain technology as of late. Our AI systems rated IBM D in Technicals, B in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 0.08% to $119.97 on volume of 3,949,875 vs its 10-day price average of $120.52 and its 22-day price average of $121.19, and is down 1.91% for the year. Revenue was $73620.0M in the last fiscal year compared to $79591.0M three years ago, Operating Income was $6814.0M in the last fiscal year compared to $12231.0M three years ago, EPS was $6.23 in the last fiscal year compared to $9.52 three years ago, and ROE was 26.38% % in the last year compared to 50.34% three years ago. The stock is also trading with a Forward 12M P/E of 10.87.
MORE FROM FORBESIBM (IBM)
Altria Group Inc (MO)
Altria Group MO , one of the world’s largest producers and marketers of tobacco, cigarettes and related products is our final Top Buy. As Altria aims to diversify its product offering and improve its pricing power, the stock has gone on a nice run. Our AI systems rated Altria C in Technicals, A in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.44% to $43.6 on volume of 5,978,240 vs its 10-day price average of $43.06 and its 22-day price average of $42.32, and is up 6.76% for the year. Revenue was $20841.0M in the last fiscal year compared to $19627.0M three years ago, Operating Income was $11514.0M in the last fiscal year compared to $9834.0M three years ago, EPS was $2.4 in the last fiscal year compared to $3.68 three years ago, and ROE was 95.56% in the last year compared to 46.07% three years ago. The stock is also trading with a Forward 12M P/E of 9.52.
MORE FROM FORBESAltria Group (MO)
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