Top Stocks To Buy Today As The Markets Continue To Soar

Yesterday’s cool down in the market wasn’t much of a cool down at all. The Nasdaq
NDAQ
and the Russell hit yet another record close, while the Dow
DOW
and S&P, at most, saw very very marginal declines. The rally continued today thanks to more strong earnings, and inflation that appeared to be more subdued than many anticipated. All the indices hit record highs yet again this morning. The Dow Jones
DOW
rose 110 points, the S&P 500 gained 0.4%, and the Nasdaq climbed 0.5%. The Russell 2000 continued its weekly surge and also advanced 0.5% to a weekly gain of 11%.  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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Avery Dennison Corp (AVY) 

Avery Dennison Corp
AVY
is today’s first Top Buy. Avery Dennison is a major player in the materials sector, and manufactures and distributes pressure-sensitive adhesive materials, apparel branding labels and tags, RFID inlays, and specialty medical products. Our AI systems rated the company B in Technicals, B in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 1.34% to $172.54 on volume of 491,068 vs its 10-day price average of $161.96 and its 22-day price average of $160.55, and is up 13.59% for the year. Revenue was $6971.5M in the last fiscal year compared to $7159.0M three years ago, Operating Income was $862.8M in the last fiscal year compared to $802.1M three years ago, EPS was $6.61 in the last fiscal year compared to $5.28 three years ago, and ROE was 41.12% in the last year compared to 46.71% three years ago. The stock is also trading with a Forward 12M P/E of 21.79. 

MORE FROM FORBESAvery Dennison (AVY)

Broadridge Financial Solutns (BR)

Broadridge Financial Solutns is today’s second Top Buy. The company provides investor communications and technology solutions to banks, broker-dealers, mutual funds, and corporate issuers. Our AI systems rated the company B in Technicals, B in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed down 0.99% to $141.67 on volume of 637,085 vs its 10-day price average of $143.9 and its 22-day price average of $148.67, and is down 6.49% for the year. Revenue grew by 3.42% in the last fiscal year and grew by 8.18% over the last three fiscal years, Operating Income grew by 9.33% in the last fiscal year and grew by 14.25% over the last three fiscal years, and EPS grew by 12.04% in the last fiscal year and grew by 24.31% over the last three fiscal years. Revenue was $4529.0M in the last fiscal year compared to $4329.9M three years ago, Operating Income was $624.9M in the last fiscal year compared to $598.0M three years ago, EPS was $3.95 in the last fiscal year compared to $3.56 three years ago, and ROE was 37.39% in the last year compared to 40.79% three years ago. Forward 12M Revenue is expected to grow by 2.11% over the next 12 months, and the stock is trading with a Forward 12M P/E of 25.5.

MORE FROM FORBESBroadridge Financial (BR)

Fair Isaac Corp (FICO) 

Fair Isaac Corp
FICO
 is our third Top Buy. Fair Isaac, best known as “FICO,” is a data analytics company best known for its FICO Score to rate and score credit. The company’s FICO Score has become a staple in measuring consumer credit risk, and a fixture for consumer lending in the United States. Our AI systems rated the company A in Technicals, B in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed down 0.15% to $476.98 on volume of 274,863 vs its 10-day price average of $470.03 and its 22-day price average of $483.6, and is down 5.6% for the year. Revenue grew by 1.07% in the last fiscal year and grew by 30.83% over the last three fiscal years, Operating Income grew by 9.5% in the last fiscal year and grew by 112.93% over the last three fiscal years, and EPS grew by 13.67% in the last fiscal year and grew by 121.19% over the last three fiscal years. Revenue was $1294.56M in the last fiscal year compared to $1000.15M three years ago, Operating Income was $341.0M in the last fiscal year compared to $175.36M three years ago,EPS was $7.9 in the last fiscal year compared to $4.06 three years ago, and ROE was 76.16% in the last year compared to 35.43% three years ago. Forward 12M Revenue is expected to grow by 1.7% over the next 12 months, and the stock is trading with a Forward 12M P/E of 42.1.

MORE FROM FORBESFair Isaac (FICO)

Hartford Financial Services (HIG) 

Hartford Financial Services, better known as “The Hartford,” is our next Top Buy. 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 down 0.14% to $50.24 on volume of 1,909,090 vs its 10-day price average of $49.4 and its 22-day price average of $50.41, and is up 4.04% 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 9.37.

MORE FROM FORBESHartford Financial Services (HIG)

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 down 0.18% to $206.52 on volume of 7,617,241 vs its 10-day price average of $202.02 and its 22-day price average of $204.0, and is down 5.16% 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 35.93.

MORE FROM FORBESVisa (V)

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