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Artificial Intelligence Identifies Cummins Inc Among Today’s Top Buys

After stocks ended Tuesday well off their opening highs, stocks were set to start the day in the green yet again. Every day so far this week has started off positively. On this day, stocks have modestly risen, propelled by economic reopening plays. Carnival Corp rose about 1%, and Royal Caribbean
RCL
jumped 2%, giving it an 11% week-to-date performance. Half of the U.S. adult population is now fully vaccinated, also contributing to the optimism. The Dow Jones rose 79 points, and the S&P 500 rose another 0.3% as it approached another record high. Meanwhile, the Nasdaq
NDAQ
also gained 0.3%. For investors looking to find the best opportunities, 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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Cummins Inc (CMI)

Our first Top Buy of the day is Cummins Inc
CMI
.
Cummins Inc is an industrial company that designs, manufactures and markets diesel and natural gas engines. Our AI systems rated the company A in Technicals, C in Growth, B in Low Volatility Momentum, and C in Quality Value. The stock closed down 0.46% to $254.35 on volume of 885,817 vs its 10-day price average of $259.28 and its 22-day price average of $259.63, and is up 14.9% for the year. Revenue grew by 5.46% in the last fiscal year, Operating Income grew by 7.69% in the last fiscal year, and EPS grew by 5.45% in the last fiscal year. Revenue was $19811.0M in the last fiscal year compared to $23771.0M three years ago, Operating Income was $1912.0M in the last fiscal year compared to $2392.0M three years ago, EPS was $12.01 in the last fiscal year compared to $13.15 three years ago, and ROE was 20.75% in the last year compared to 26.63% three years ago. Forward 12M Revenue is expected to grow by 1.79% over the next 12 months, and the stock is trading with a Forward 12M P/E of 15.03. 

MORE FROM FORBESCummins (CMI)

Dover Corp (DOV)

Our next Top Buy today is Dover Corp. Dover Corp is a manufacturing conglomerate focusing on industrial products. Our AI systems rated the company B in Technicals, B in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 0.33% to $149.0 on volume of 797,611 vs its 10-day price average of $148.77 and its 22-day price average of $149.64, and is up 20.8% for the year. Revenue grew by 3.17% in the last fiscal year, Operating Income grew by 8.74% in the last fiscal year and grew by 18.66% over the last three fiscal years, and EPS grew by 8.49% in the last fiscal year and grew by 35.88% over the last three fiscal years. Revenue was $6683.76M in the last fiscal year compared to $6992.12M three years ago, Operating Income was $983.85M in the last fiscal year compared to $901.62M three years ago, EPS was $4.7 in the last fiscal year compared to $3.75 three years ago, and ROE was 21.3% in the last year compared to 16.53% three years ago. Forward 12M Revenue is expected to grow by 1.06% over the next 12 months, and the stock is trading with a Forward 12M P/E of 21.14.

MORE FROM FORBESDover (DOV)

Grand Canyon Education Inc (LOPE) 

Grand Canyon Education Inc is our next Top Buy. Grand Canyon Education is a shared services partner dedicated to serving colleges and universities across the country. 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 up 0.24% to $91.19 on volume of 263,482 vs its 10-day price average of $93.29 and its 22-day price average of $98.95, and is up 1.65% for the year. Revenue grew by 1.81% in the last fiscal year and grew by 1.64% over the last three fiscal years, Operating Income grew by 1.24% in the last fiscal year and grew by 1.57% over the last three fiscal years, and EPS grew by 3.56% in the last fiscal year and grew by 19.32% over the last three fiscal years. Revenue was $844.1M in the last fiscal year compared to $845.5M three years ago, Operating Income was $277.44M in the last fiscal year compared to $276.52M three years ago, EPS was $5.45 in the last fiscal year compared to $4.73 three years ago, and ROE was 17.05% in the last year compared to 20.82% three years ago. Forward 12M Revenue is expected to grow by 1.72% over the next 12 months, and the stock is trading with a Forward 12M P/E of 14.37. 

MORE FROM FORBESGrand Canyon Education (LOPE)

Starbucks Corp (SBUX)

Starbucks is our next Top Buy today. Starbucks, which is the largest coffeehouse chain in the world, operates over 30,000 locations worldwide in more than 70 countries as of early 2020. 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 up 0.1% to $112.63 on volume of 5,391,837 vs its 10-day price average of $111.07 and its 22-day price average of $112.93, and is up 9.24% for the year. Revenue grew by 1.38% in the last fiscal year, Operating Income grew by 16.61% in the last fiscal year, and EPS grew by 7.47% in the last fiscal year. Revenue was $23518.0M in the last fiscal year compared to $24719.5M three years ago, Operating Income was $1599.9M in the last fiscal year compared to $3810.1M three years ago, EPS was $0.79 in the last fiscal year compared to $3.24 three years ago, and ROE was 136.23% three years ago. The stock is also trading with a Forward 12M P/E of 33.0.

MORE FROM FORBESStarbucks (SBUX)

Tyson Foods Inc  -Cl A (TSN) 

Tyson Foods, Inc
TSN
is today’s final Top Buy. Tyson Foods is the world’s second largest processor and marketer of chicken, beef, and pork after JBS S.A. and annually exports the largest percentage of beef out of the United States. Our AI systems rated the company C in Technicals, B in Growth, C in Low Volatility Momentum, and B in Quality Value. The stock closed down 0.43% to $80.21 on volume of 1,207,878 vs its 10-day price average of $80.22 and its 22-day price average of $79.03, and is up 26.31% for the year. Revenue grew by 0.13% over the last three fiscal years and grew by 7.96% over the last three fiscal years, Operating Income grew by 8.52% in the last fiscal year and grew by 28.55% over the last three fiscal years, and EPS grew by 3.04% in the last fiscal year. Revenue was $43185.0M in the last fiscal year compared to $40052.0M three years ago, Operating Income was $3734.0M in the last fiscal year compared to $3152.0M three years ago, EPS was $5.64 in the last fiscal year compared to $8.04 three years ago, and ROE was 14.05% in the last year compared to 25.44% three years ago. Forward 12M Revenue is expected to grow by 2.2% over the next 12 months, and the stock is trading with a Forward 12M P/E of 14.62.

MORE FROM FORBESTyson Foods (TSN)

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