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Top Buys Today As Recovery Stocks Pop

Yesterday saw a big market sell-off and marked one year after the market bottomed out from one of the wildest market crashes we’ve ever seen. That’s why the market’s swift rebounds and renewed optimism on the economic recovery and reopening are so fitting for today’s session. The Dow Jones gained 230 points or 0.6%, the S&P 500 advanced 0.5%, and the Nasdaq
NDAQ
rose 0.4%. Things have now officially come full circle, as stocks and indices from all sectors have rallied furiously in the last year. Intel
INTC
popped more than 5% after investors cheered its comeback plans, while cruise lines, airlines, and oil stocks surged as well. 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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Cabot Corp (CBT)

Our first Top Buy today is Cabot Corp. Cabot Corporation
CBT
is a chemicals and performance materials company with operations in over 20 countries. The company also has 36 manufacturing plants, eight research and development facilities and 28 sales offices. Our AI systems rated Cabot C in Technicals, C in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 4.9% to $49.9 on volume of 306,480 vs its 10-day price average of $52.66 and its 22-day price average of $51.4, and is up 13.18% for the year. Revenue grew by 0.73% in the last fiscal year, Operating Income grew by 20.28% in the last fiscal year, and EPS grew by -7.93% in the last fiscal year. Revenue was $2614.0M in the last fiscal year compared to $3242.0M three years ago, Operating Income was $217.0M in the last fiscal year compared to $380.0M three years ago, EPS was $(4.21) in the last fiscal year compared to $(1.85) three years ago, and ROE was (22.69%) in the last year compared to (5.1%) three years ago. Forward 12M Revenue is expected to grow by 2.98% over the next 12 months, and the stock is trading with a Forward 12M P/E of 13.29.

MORE FROM FORBESCabot (CBT)

Kimball Electronics Inc (KE) 

Kimball Electronics Inc is our next Top Buy. The company provides electronics manufacturing and contract manufacturing for the Automotive, Industrial, Medical, and Public Safety markets. Our AI systems rated Kimball Electronics C in Technicals, B in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed down 6.11% to $24.89 on volume of 194,002 vs its 10-day price average of $26.99 and its 22-day price average of $25.72, and is up 53.26% for the year. Revenue grew by 2.66% in the last fiscal year and grew by 14.96% over the last three fiscal years, Operating Income grew by 32.84% in the last fiscal year and grew by 27.23% over the last three fiscal years, and EPS grew by 103.83% in the last fiscal year and grew by 133.41% over the last three fiscal years. Revenue was $1200.55M in the last fiscal year compared to $1072.06M three years ago, Operating Income was $41.13M in the last fiscal year compared to $42.94M three years ago, EPS was $0.71 in the last fiscal year compared to $0.62 three years ago, and ROE was 4.86% in the last year compared to 4.8% three years ago. Forward 12M Revenue is expected to grow by 1.69% over the next 12 months, and the stock is trading with a Forward 12M P/E of 14.14.

MORE FROM FORBESKimball Electronics (KE)

Old Dominion Freight (ODFL)

Old Dominion Freight is our third Top Buy today. Old Dominion Freight is a less than truckload shipping company offering regional, inter-regional and national services. 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 up 0.17% to $231.65 on volume of 873,926 vs its 10-day price average of $230.19 and its 22-day price average of $223.41, and  is up 21.59% for the year. Revenue was $4015.13M in the last fiscal year compared to $4043.7M three years ago, Operating Income was $906.88M in the last fiscal year compared to $817.05M three years ago, EPS was $5.68 in the last fiscal year compared  to $4.92 three years ago, and ROE was 21.0% in the last year compared to 24.44% three years ago. The stock is also trading with a Forward 12M P/E of 32.2.

MORE FROM FORBESOld Dominion Freight Line (ODFL)

Schneider National Inc (SNDR) 

Schneider National
SNDR
 
is our fourth Top Buy and second logistics stock on today’s list. Schenider is a provider of truckload, intermodal and logistics services, including regional, long-haul, expedited, dedicated, bulk, intermodal, brokerage, cross-dock logistics, pool point distribution, supply chain management, and port logistics. Our AI systems rated the company C in Technicals, C in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 2.11% to $24.13 on volume of 504,840 vs its 10-day price average of $24.93 and its 22-day price average of $24.46, and is up 18.28% for the year. Revenue was $4552.8M in the last fiscal year compared to $4977.0M three years ago, Operating Income was $305.2M in the last fiscal year compared to $377.8M three years ago, EPS was $1.19 in the last fiscal year compared to $1.52 three years ago, and ROE was 9.86% in the last year compared to 13.37% three years ago. The stock is also trading with a Forward 12M P/E of 15.18.

MORE FROM FORBESSchneider National (SNDR)

Atkore Inc (ATKR) 

Our final Top Buy of the day is Atkore Inc. Atkore is a manufacturer and supplier of metal products and electrical raceway solutions such as steel tubes and pipes, electrical conduit, armored wire and cable, cable trays, metal framing systems, and building components. Our AI systems rated the company F in Technicals, B in Growth, C in Low Volatility Momentum, and A in Quality Value. The stock closed down 6.31% to $66.96 on volume of 683,968 vs its 10-day price average of $72.43 and its 22-day price average of $70.48, and is up 58.07% for the year. Revenue grew by 3.6% in the last fiscal year, while Operating Income grew by 28.18% in the last fiscal year and grew by 67.28% over the last three fiscal years, and EPS grew by 33.3% in the last fiscal year and grew by 66.62% over the last three fiscal years. Revenue was $1765.42M in the last fiscal year compared to $1835.14M three years ago, Operating Income was $239.5M in the last fiscal year compared to $183.52M three years ago, EPS was $3.1 in the last fiscal year compared to $2.48 three years ago, and ROE was 49.83% in the last year compared to 56.59% three years ago. Forward 12M Revenue is expected to grow by 0.47% over the next 12 months, and the stock is trading with a Forward 12M P/E of 13.42.

MORE FROM FORBESAtkore Intl Group (ATKR)

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