Market

Westlake Chemical Partners Lp Ranked Among Today’s Top Buys Amid Growing Delta Variant Concerns

Markets are starting the post-Labor Day week on the wrong foot, as the Dow and the S&P fell into the red on Monday morning. The main culprit was the Delta variant (again), causing economic concerns about how well the global economy can handle another large outbreak. In many states, the surge in cases is larger than the past peak, and hospitalizations and deaths continue to surge as ICU beds come under strain across the country. Goldman Sachs
GS
hit the downgrade button on the economic outlook over the weekend, guessing that economic output will be 5.7% for 2021, below the consensus of 6.2% due to the virus surge as well as less fiscal stimulus. Morgan Stanley
MS
also jumped on the train, downgrading US stocks to underweight on Tuesday morning. Seasonality is going to become an issue too, as September is by far the worst month historically for stocks. 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.  

Sign up for the free Forbes AI Investor newsletter here to join an exclusive AI investing community and get premium investing ideas before markets open.

Fidelity Natl Finl Fnf Group (FNF)

Fidelity National Financial Group
FNF
is our first Top Buy today. Fidelity National Financial is engaged in the provision of title insurance and transaction services to the real estate and mortgage industries. Our AI systems rated the company A in Technicals, B in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.72% to $48.08 on volume of 941,902 vs its 10-day price average of $48.7 and its 22-day price average of $48.42, and is up 25.21% for the year. Revenue grew by 26.68% in the last fiscal year and grew by 80.24% over the last three fiscal years, Operating Income grew by 62.86% in the last fiscal year and grew by 281.5% over the last three fiscal years, and EPS grew by 60.54% in the last fiscal year and grew by 254.66% over the last three fiscal years. Revenue was $10815.0M in the last fiscal year compared to $7601.0M three years ago, Operating Income was $1874.0M in the last fiscal year compared to $800.0M three years ago, EPS was $4.99 in the last fiscal year compared to $2.26 three years ago, and ROE was 20.95% in the last year compared to 12.98% three years ago. The stock is also trading with a Forward 12M P/E of 8.78. 

MORE FROM FORBESFidelity National Financial (FNF)

Lowe’s Cos Inc (LOW)

Lowe’s Cos Inc is back on our list as a Top Buy today. Lowe’s is a big-box home improvement retailer, and ranks just behind Home Depot
HD
as the largest home improvement retailer in the country. Our AI systems rated Lowe’s C in Technicals, D in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed down 0.08% to $205.98 on volume of 2,260,908 vs its 10-day price average of $205.16 and its 22-day price average of $198.79, and is up 28.43% for the year. Revenue grew by 5.6% in the last fiscal year and grew by 32.68% over the last three fiscal years, Operating Income grew by 13.84% in the last fiscal year and grew by 149.48% over the last three fiscal years, and EPS grew by 23.53% in the last fiscal year and grew by 237.09% over the last three fiscal years. Revenue was $89597.0M in the last fiscal year compared to $71309.0M three years ago, Operating Income was $10892.0M in the last fiscal year compared to $4970.0M three years ago, EPS was $7.75 in the last fiscal year compared to $2.84 three years ago, and ROE was 342.33% in the last year compared to 48.63% three years ago. The stock is also trading with a Forward 12M P/E of 17.98.

MORE FROM FORBESLowe’s (LOW)

Louisiana-Pacific Corp (LPX)

Louisiana-Pacific Corp is today’s third Top Short. Louisiana-Pacific is a building materials manufacturer, and pioneered the U.S. production of oriented strand board panels. Our AI systems rated Louisiana-Pacific A in Technicals, A in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed up 1.33% to $64.23 on volume of 1,038,307 vs its 10-day price average of $62.92 and its 22-day price average of $60.02, and is up 73.92% for the year. Revenue grew by 43.36% in the last fiscal year and grew by 41.34% over the last three fiscal years, Operating Income grew by 143.54% in the last fiscal year and grew by 200.37% over the last three fiscal years, and EPS grew by 160.79% in the last fiscal year and grew by 325.71% over the last three fiscal years. Revenue was $2788.0M in the last fiscal year compared to $2828.0M three years ago, Operating Income was $666.0M in the last fiscal year compared to $540.0M three years ago, EPS was $4.46 in the last fiscal year compared to $2.73 three years ago, and ROE was 44.28%  in the last year compared to 24.15% three years ago. The stock is also trading with a Forward 12M P/E of 7.32. 

MORE FROM FORBESLouisiana-Pacific (LPX)

Tyson Foods Inc – Cl A (TSN)

Tyson Foods Inc is on our list as a Top Buy today. Tyson is the largest U.S. producer of processed chicken and beef. It’s also a large producer of processed pork and protein-based products under the brands Jimmy Dean, Hillshire Farm, Ball Park, Sara Lee, Aidells, State Fair, and Raised & Rooted, among others. Our AI systems rated Tyson C in Technicals, B in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.33% to $78.23 on volume of 1,477,266 vs its 10-day price average of $78.57 and its 22-day price average of $78.56, and is up 23.2% for the year. Revenue grew by 5.82% in the last fiscal year and grew by 14.1% over the last three fiscal years, Operating Income grew by 5.46% in the last fiscal year and grew by 24.94% over the last three fiscal years, while EPS grew by 13.88% 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, and EPS was $5.64 in the last fiscal year compared to $8.04 three years ago. ROE was 14.05% in the last year, which compares to 25.44% three years ago. Forward 12M Revenue is expected to grow by 2.62% over the next 12 months and the stock is trading with a Forward 12M P/E of 12.3.

MORE FROM FORBESTyson Foods (TSN)

Westlake Chemical Partners Lp (WLKP)

Our final Top Buy today is Westlake Chemical Partners. Westlake Chemical Partners is an international manufacturer and supplier of petrochemicals, polymers and fabricated building products. Our AI systems rated the company C in Technicals, C in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.91% to $26.26 on volume of 22,598 vs its 10-day price average of $26.01 and its 22-day price average of $26.26, and is up 16.5% for the year. Revenue grew by 10.49% in the last fiscal year, Operating Income grew by 5.82% in the last fiscal year and grew by 6.85% over the last three fiscal years, and EPS grew by 11.53% in the last fiscal year and grew by 39.06% over the last three fiscal years. Revenue was $966.67M in the last fiscal year compared to $1285.62M three years ago, Operating Income was $352.99M in the last fiscal year compared to $349.57M three years ago, EPS was $1.88 in the last fiscal year compared to $1.51 three years ago, and ROE was 36.54% in the last year compared to 34.21% three years ago. Forward 12M Revenue is expected to grow by 19.08% over the next 12 months, and the stock is trading with a Forward 12M P/E of 11.95.

MORE FROM FORBESWestlake Chemical Prtnrs (WLKP)

Liked what you read? Sign up for our free Forbes AI Investor Newsletter here to get AI driven investing ideas weekly. For a limited time, subscribers can join an exclusive slack group to get these ideas before markets open.

Most Related Links :
Business News Governmental News Finance News

Source link

Back to top button