3.4 C
London
Thursday, April 22, 2021

Top stocks to buy today as the market hits another record high

Must read

UK Time Newshttps://www.uktimenews.com
UK Time News is your daily dose of Latest News, Entertainment, Music, Fashion, Lifestyle, World, Cricket, Sports, Politics, Tech, Business News Website. We provide you with the Latest Breaking News Straight from the UK & all around the World on different categories.

April’s blank start continued, with S&P hitting another record high and Big Tech continuing its comeback. Historically, April has been good for stocks, and the start of this month is no exception. Investors applauded the latest Federal Reserve meeting minutes, indicating that it plans to maintain its accommodative policy for the foreseeable future. Investors also overlooked the latest jobless claims report, which turned out worse than expected at 744,000 from an estimated 694,000. The Dow Jones held steady, the S&P 500 advanced 0.3% and the Nasdaq outperformed and advanced 0.9%. FAANG shares all gained more than 1%. For investors looking to find the best opportunities, Q.ai’s deep learning algorithms have analyzed the data to give you a set of better buys. Our Artificial Intelligence (“AI”) systems evaluated each business against technical parameters, growth, low volatility momentum, and quality value to find the best buys.

READ  The best stocks for sale today amid the excitement for earnings season
READ  Here's when the $ 2 trillion infrastructure bill could actually pass - it may be several months away.

Sign up for the free UKTN AI Investor newsletter here to join an exclusive community of AI investors and get high-end investment ideas before the markets open.

Southern Copper Corp (SCCO)

With all the copper buzz in 2021, our first Top Buy, Southern Copper Corp, is a business to watch. Southern Copper Corp is a mining company that has been in existence since 1952 and, according to 2007 data, may be the largest publicly traded copper mining company in the world. Our AI systems rated company B in technical terms, A in growth, A in low volatility momentum, and C in quality value. The stock closed 0.78% lower at $ 70.84 on volume of 900,710 from its 10-day average price of $ 69.01 and 22-day average price of $ 71.64, and is up 6.19% for the year. Sales were $ 7,984.9 million last year compared to $ 7,096.7 million three years ago, operating income was $ 3,148.3 million last year compared to 2,881 , $ 2 million three years ago, EPS was $ 2.03 last year compared to $ 2.0 three years ago, and ROE was 22.33% last year, up from 24, 26% three years ago. The stock is also trading with a forward P / E 12m of 21.59.

READ  What does consumer confidence mean for stock prices?
READ  The best banks in the world 2021: financiers with imminent economic recovery

MORE UKTNSouthern Copper (SCCO)

Mettler-Toledo Inc International Airport (MTD)

Mettler-Toledo is our second Top Buy of the day. The manufacturer operates in a very unique and distinct niche, and is the largest supplier of scales and weighing instruments for use in laboratory, industrial and food retail applications. Our AI systems rated company B in technical terms, C in growth, A in low volatility momentum, and A in quality value. The stock closed 0.86% at $ 1,199.84 on volume of 63,789 against its 10-day average price of $ 1,164.65 and 22-day average price of $ 1,121.95, and is up 3.36% for the year. Revenue was $ 3,085.18 million last fiscal year compared to $ 2,935.59 million three years ago, operating profit was $ 796.24 million last fiscal year compared to $ 689.18 million three years ago, EPS was $ 24.91 last fiscal year compared to $ 19.88 three years ago, ROE was 171.37% per year last, against 90.14% three years ago. The stock is also trading with a forward P / E of 12M of 40.37.

MORE UKTNMTD

Fortune Brands Home & Secur (FBHS)

Fortune Brands is our next Top Buy today. Fortune Brands is a home and security product company responsible for several well-known brands in cabinetry, plumbing, doors and security products. Some of its best-known brands include Master Lock, Sentry Safe, MasterBrand Cabinets, Moen Faucets, Therma-Tru Entry Door Systems, and Waterloo Tool Storage Products. Our AI systems rated company C in technique, C in growth, B in low volatility dynamics, and B in quality value. The stock closed 0.19% lower at $ 98.36 on volume of 750,020 from its 10-day average price of $ 95.08 and 22-day average price of $ 92.13, and is up 16.35% for the year. Sales were $ 6,090.3 million last year compared to $ 5,485.1 million three years ago, operating income was $ 853.9 million last year compared to 699 , $ 7 million three years ago, EPS was $ 3.94 last year compared to $ 2.66 three years ago, and ROE was 21.31% last year, up from 16, 31% three years ago. The stock is also trading with a 12m forward P / E of 19.61.

MORE UKTNFortune Brands Home & Security (FBHS)

Echo Global Logistics Inc (ECHO)

Echo Global Logistics Inc is our fourth Top Buy today. Echo Global Logistics is a leading provider of technology-based transportation and supply chain management services. Our AI systems rated firm C in technical, B growing, B in low volatility momentum, and B in quality value. The stock closed 1.98% lower at $ 31.74 on volume of 128,436 from its 10-day average price of $ 31.39 and 22-day average price of $ 31.66, and is up 20.09% for the year. Revenue was $ 2,511.52M last year compared to $ 2,439.7M three years ago, operating profit was $ 29.05M last year compared to 53 , $ 98 million three years ago, EPS was $ 0.6 last year compared to $ 1.03 three years ago, and ROE was 4.05% last year compared to 7.67 % three years ago. The stock is also trading with a 12m forward P / E of 17.42.

MORE UKTNEcho Global Logistics (ECHO)

The Estée Lauder Companies (EL)

The Estée Lauder Companies is today’s latest Top Buy. The Estée Lauder Companies is a consumer products conglomerate. The company is engaged in the manufacture of skin care, makeup, perfume and hair care products, and is best known for brands such as Estée Lauder, Clinique, Origins, MžAžC, Bobbi Brown, La Mer, Jo Malone London, Aveda and Too Face. Our AI systems rated company A in technical terms, C in growth, B in low volatility dynamics, and C in quality value. The stock closed 0.04% higher at $ 295.13 on volume of 905,553 against its 10-day average price of $ 291.77 and 22-day average price of $ 288.76, and is up 15.96% for the year. Revenue increased by 3.71% in the last three years, operating profit increased by 2.14% in the last fiscal year, and EPS increased by 35.86% in the last exercise. Sales were $ 14,294.0 million last year compared to $ 13,683.0 million three years ago, operating income was $ 2,101.0 million last year compared to 2,258 . $ 0 million three years ago, EPS was $ 1.86 last year compared to $ 2.95 three years ago, and ROE was 16.62% last year, up from 24, 52% three years ago. 12M futures revenue is expected to increase 6.83% over the next 12 months, and the stock is trading with a 12M futures P / E of 45.85.

MORE UKTNThe Estée Lauder Companies (EL)

Did you like what you have read? Sign up for our free UKTN AI Investor newsletter here to get AI-powered investment ideas every week. For a limited time, subscribers can join an exclusive slack group to get these ideas before the markets open.

.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

15,129FansLike
4,596FollowersFollow

Latest article