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Aflac Among Today’s Top Buys As Investors Overlook Disappointing Inflation Data

After yesterday saw investors selling their stocks in droves due to inflation fears, stocks sharply rebounded. Yesterday, the Consumer Price Index, a standard inflation gauge, came in at its hottest level since 2008. As a result, the Dow saw its single-worst session since January. The S&P 500 also saw its most significant one-day drop since February, and the Nasdaq
NDAQ
continued its unpredictable and volatile 2021. Today, though, investors overlooked the inflation data and decided to focus on jobless claims, which once again came in lower than expected. Investors clearly bought the dip as the Dow Jones
DOW
rose 220 points, the S&P 500 jumped 0.8%, and the Nasdaq popped 1.2%. Big Tech stocks led the way, with Apple
AAPL
rebounding 2% and Amazon
AMZN
, Microsoft
MSFT
, and Facebook all gaining more than 1%. 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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Aflac Inc (AFL)

Our first Top Buy of the day is insurance company Aflac
AFL
. Aflac, Inc. is actually a holding company, and it engages in the provision of financial protection services. Our AI systems rated the company B in Technicals, B in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 1.39% to $54.45 on volume of 3,251,718 vs its 10-day price average of $55.12 and its 22-day price average of $54.05, and is up 26.07% for the year. Revenue grew by 3.19% in the last fiscal year and grew by 5.04% over the last three fiscal years, Operating Income grew by 20.22% in the last fiscal year and grew by 25.83% over the last three fiscal years, and EPS grew by 16.66% in the last fiscal year and grew by 106.39% over the last three fiscal years. Revenue was $22147.0M in the last fiscal year compared to $21758.0M three years ago, Operating Income was $4401.0M in the last fiscal year compared to $4205.0M three years ago, EPS was $6.67 in the last fiscal year compared to $3.77 three years ago, and ROE was 15.29% in the last year compared to 12.15% three years ago. The stock is also trading with a Forward 12M P/E of 11.0.

MORE FROM FORBESAflac (AFL)

Forward Air Corp (FWRD)

Forward Air Corp is our second Top Buy. Forward Air is a leading provider of ground transportation and logistics services for the North American air freight and expedited LTL market. Our AI systems rated the company B in Technicals, C in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 3.27% to $92.24 on volume of 104,698 vs its 10-day price average of $94.92 and its 22-day price average of $91.04, and is up 20.73% for the year. Revenue grew by 4.46% in the last fiscal year and grew by 16.58% over the last three fiscal years, while Operating Income grew by 9.38% in the last fiscal year, and EPS grew by 11.38% in the last fiscal year. Revenue was $1269.57M in the last fiscal year compared to $1137.61M three years ago, Operating Income was $79.96M in the last fiscal year compared to $116.76M three years ago, EPS was $0.84 in the last fiscal year compared to $3.12 three years ago, and ROE was 9.38% in the last year compared to 16.31% three years ago. Forward 12M Revenue is expected to grow by 0.88% over the next 12 months, and the stock is trading with a Forward 12M P/E of 22.83.

MORE FROM FORBESForward Air (FWRD)

Quaker Chemical Corp (KWR)

Quaker Chemical Corp is our third Top Buy today. The company is in the specialty chemicals space, and provides process fluids, chemical specialties, and technical expertise to industries such as steel, aluminum, automotive, mining, aerospace, tube and pipe, cans, and more. Our AI systems rated the company C in Technicals, B in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 4.45% to $229.75 on volume of 79,177 vs its 10-day price average of $239.42 and its 22-day price average of $240.69, and is down 7.33% for the year. Revenue grew by 3.61% in the last fiscal year and grew by 69.32% over the last three fiscal years, Operating Income grew by 16.51% in the last fiscal year and grew by 27.89% over the last three fiscal years, and EPS grew by 168.48% in the last fiscal year and grew by 33.9% over the last three fiscal years. Revenue was $1417.68M in the last fiscal year compared to $867.52M three years ago, Operating Income was $112.13M in the last fiscal year compared to $102.16M three years ago, EPS was $2.22 in the last fiscal year compared to $4.45 three years ago, and ROE was 3.1% in the last year compared to 14.14% three years ago. Forward 12M Revenue is expected to grow by 1.36% over the next 12 months, and the stock is trading with a Forward 12M P/E of 30.87. 

MORE FROM FORBESQuaker Chemical (KWR)

L Brands Inc (LB)

L Brands
LB
is our fourth Top Buy. L Brands is a holding company for retailers of women’s intimate and other apparel, personal care, beauty, and home fragrance products. It’s responsible for retail brands such as Victoria’s Secret and Bath & Body Works. Our AI systems rated L Brands A in Technicals, B in Growth, D in Low Volatility Momentum, and B in Quality Value. The stock closed down 4.1% to $64.8 on volume of 4,985,008 vs its 10-day price average of $66.61 and its 22-day price average of $66.48, and is up 63.64% for the year. Revenue was $11847.0M in the last fiscal year compared to $13237.0M three years ago, Operating Income was $1874.0M in the last fiscal year compared to $1460.0M three years ago, and EPS was $3.0 in the last fiscal year compared to $2.31 three years ago. The stock is also trading with a Forward 12M P/E of 11.55.

MORE FROM FORBESL Brands (LB)

Southern Copper Corp (SCCO)

With all the buzz around inflation and copper in 2021, our final Top Buy, Southern Copper Corp
SCCO
, is a company to keep your eyes on. Southern Copper Corp is a mining company in existence since 1952, and based on 2007 data, could be the world’s largest publicly traded copper mining company. Our AI systems rated the company B in Technicals, A in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed down 3.33% to $78.7 on volume of 1,544,792 vs its 10-day price average of $74.34 and its 22-day price average of $73.48, and is up 16.99% for the year. Revenue grew by 10.18% in the last fiscal year and grew by 23.97% over the last three fiscal years, Operating Income grew by 25.99% in the last fiscal year and grew by 37.67% over the last three fiscal years, EPS grew by 34.96% in the last fiscal year and grew by 37.34% over the last three fiscal years. Revenue was $7984.9M in the last fiscal year compared to $7096.7M three years ago, Operating Income was $3148.3M in the last fiscal year compared to $2881.2M three years ago, EPS was $2.03 in the last fiscal year compared to $2.0 three years ago, and ROE was 22.33% in the last year compared to 24.26% three years ago. The stock is also trading with a Forward 12M P/E of 20.67.

MORE FROM FORBESSouthern Copper (SCCO)

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