Stocks for the second straight day failed to stage a large recovery after Monday’s losses. After hitting record highs last week, the indices have largely traded sideways. Investors are becoming concerned about inflation, political uncertainty and the pandemic. The Dow Jones fell 31 points, or 0.1%, the S&P 500 traded flat, and the NasdaqNDAQ gained 0.2%. The U.S. consumer price index rose 0.4% in December, which was largely in line with the Dow Jones’s estimate. Meanwhile, all eyes are on Washington, as the House is expected to vote to impeach President Trump for the second time. The U.S. is also recording at least 248,650 new Covid-19 cases per day and at least 3,223 covid-related deaths per day. For investors looking to make the most of this market, 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 long plays.
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Boise Cascade Co (BCC)
Boise Cascade Co BCC is our first Top Buy today. Boise Cascade manufactures wood products and is also a wholesale distributor of building materials. With a weak dollar to coincide with low interest rates, Boise Cade could have a strong 2021. Our AI systems rated the company B in Technicals, A in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.58% to $49.66 on volume of 376,993 vs its 10-day price average of $49.25 and its 22-day price average of $48.61, and is up 3.91% for the year. Revenue grew by 9.93% in the last fiscal year and grew by 15.17% over the last three fiscal years, Operating Income grew by 106.7% in the last fiscal year and grew by 95.33% over the last three fiscal years, and EPS grew by 101.51% in the last fiscal year and grew by 95.81% over the last three fiscal years. Revenue was $4643.4M in the last fiscal year compared to $4431.99M three years ago, Operating Income was $133.2M in the last fiscal year compared to $140.95M three years ago, EPS was $2.06 in the last fiscal year compared to $2.12 three years ago, and ROE was 11.78% in the last year compared to 13.22% three years ago. The stock is also trading with a Forward 12M P/E of 14.42.
Telecom and mass media giant Charter Communications CHTR is our next Top Buy. Charter Communications, also known as Charter Spectrum is the second-largest cable operator in the United States by subscribers, and the third-largest pay TV operator right behind ComcastCMCSA and AT&TT. Our AI systems rated the company rated C in Technicals, B in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed down 3.06% to $621.49 on volume of 1,695,525 vs its 10-day price average of $641.49 and its 22-day price average of $646.4, and is down 3.95% for the year. Revenue grew by 3.21% in the last fiscal year and grew by 13.6% over the last three fiscal years, Operating Income grew by 18.67% in the last fiscal year and grew by 74.42% over the last three fiscal years, and EPS grew by 69.29% in the last fiscal year. Revenue was $45764.0M in the last fiscal year compared to $41581.0M three years ago, Operating Income was $6545.0M in the last fiscal year compared to $4453.0M three years ago, EPS was $7.45 in the last fiscal year compared to $34.09 three years ago, and ROE was 4.8% in the last year compared to 20.66% three years ago. Forward 12M Revenue is expected to grow by 4.63% over the next 12 months, and the stock is trading with a Forward 12M P/E of 31.71.
Simple Moving Average of Charter Communications Inc
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Mettler-Toledo Intl Inc (MTD)
Mettler-Toledo is our third Top Buy for the day. The manufacturer operates in a very unique and distinct niche, and is the largest provider of the scales and weighing instruments for use in laboratory, industrial, and food retailing applications. Our AI systems rated the company C in Technicals, B in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 1.97% to $1220.48 on volume of 124,049 vs its 10-day price average of $1187.09 and its 22-day price average of $1158.83, and is up 5.13% for the year. Revenue grew by 9.77% over the last three fiscal years, Operating Income grew by 3.61% in the last fiscal year and grew by 23.74% over the last three fiscal years, and EPS grew by 5.88% in the last fiscal year and grew by 67.07% over the last three fiscal years. Revenue was $3008.65M in the last fiscal year compared to $2725.05M three years ago, Operating Income was $733.19M in the last fiscal year compared to $613.91M three years ago, EPS was $22.47 in the last fiscal year compared to $14.24 three years ago, and ROE was 111.02% in the last year compared to 76.56% three years ago. Forward 12M Revenue is expected to grow by 6.69% over the next 12 months, and the stock is trading with a Forward 12M P/E of 44.38.
Progress Software Corp PRGS is our fourth Top Buy. Progress Software is a tech company that deploys business applications such as adaptive user experiences, mobility and serverless cloud, cognitive services, data connectivity and integration, and web experience management. Our AI systems rated the company C in Technicals, C in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed up 0.7% to $47.7 on volume of 251,836 vs its 10-day price average of $46.09 and its 22-day price average of $44.59, and is up 7.22% for the year. Revenue grew by 5.69% in the last fiscal year and grew by 12.24% over the last three fiscal years, Operating Income grew by 56.83% in the last fiscal year and grew by 33.67% over the last three fiscal years, and EPS grew by 117.26% in the last fiscal year and grew by 110.02% over the last three fiscal years. Revenue was $413.3M in the last fiscal year compared to $389.15M three years ago, Operating Income was $72.17M in the last fiscal year compared to $84.68M three years ago, EPS was $0.58 in the last fiscal year compared to $0.6 three years ago, and ROE was 8.07% in the last year compared to 7.42% three years ago. Forward 12M Revenue is expected to grow by 12.02% over the next 12 months, and the stock is trading with a Forward 12M P/E of 14.97.
T-Mobile is our second communications company today, and our final Top Buy. T-Mobile is a big international telecom company with numerous subsidiaries around the globe. T-Mobile has a combined total of around 230 million subscribers worldwide, and is the fourth-largest multinational telecom company after the UK's Vodafone, India's Airtel, and Spain's Telefónica. Our AI systems rated T-Mobile C in Technicals, B in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 3.19% to $128.69 on volume of 5,368,541 vs its 10-day price average of $132.69 and its 22-day price average of $131.84, and is down 2.82% for the year. Revenue grew by 33.19% in the last fiscal year and grew by 47.61% over the last three fiscal years, and Operating Income grew by 32.2% in the last fiscal year and grew by 80.18% over the last three fiscal years. Revenue was $44998.0M in the last fiscal year compared to $40604.0M three years ago, Operating Income was $6342.0M in the last fiscal year compared to $4653.0M three years ago, EPS was $4.02 in the last fiscal year compared to $5.2 three years ago, and ROE was 12.96% in the last year compared to 22.24% three years ago. Forward 12M Revenue is expected to grow by 15.24% over the next 12 months, and the stock is trading with a Forward 12M P/E of 41.7.
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