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Reddit stocks swung back and forth on Wednesday but, for the first time in over a week, that wasnt the biggest news of the day. Were back to some normal market behavior with a focus on strong earnings. Alphabets stock popped over 8% after it reported 23% revenue growth and booming cloud business. Although Amazon AMZN nearly doubled analyst estimates for revenue and, for the first time, exceeded $100 billion in revenue, its stock only traded about 0.2% high based on news that founder and CEO Jeff Bezos was stepping down. Other factors moving the markets on Wednesday was stimulus negotiation progress and data showing that private firms added 174,000 jobs in January and beat the 50,000 Dow Jones estimate. As investors digested all of this news, the Dow Jones fell about 50 points, while the S&P hovered around a 0.2% gain, and the Nasdaq NDAQ gained 0.6% and approached another intraday record high. 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 Top Buys.
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Quanex Building Products is our first Top Buy today. Quanex Building Products is an industry-leading manufacturer of components sold to Original Equipment Manufacturers in the building products industry. Quanex also designs and produces energy-efficient fenestration products in addition to kitchen and bath cabinet components. 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 up 2.39% to $23.52 on volume of 161,136 vs its 10-day price average of $23.78 and its 22-day price average of $24.32, and is up 6.33% for the year. Revenue was $851.57M in the last fiscal year compared to $889.78M three years ago, Operating Income was $56.13M in the last fiscal year compared to $38.16M three years ago, EPS was $1.17 in the last fiscal year compared to $0.76 three years ago, and ROE was 11.22% in the last year compared to 6.62% three years ago. The stock is also trading with a Forward 12M P/E of 16.97.
Simple moving average of Quanex Building Products (NX)
Plexus Corp is our next Top Buy. Plexus is a big player in the electronics manufacturing service industry, and provides product design, supply chain, materials management, manufacturing, test, fulfillment, and aftermarket solutions to branded product companies in the wireline and networking, wireless infrastructure, medical, and industrial spaces. Our AI systems rated Plexus C in Technicals, C in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed up 2.29% to $80.89 on volume of 143,937 vs its 10-day price average of $79.24 and its 22-day price average of $81.63, and is up 2.24% for the year. Revenue grew by 17.22% over the last three fiscal years, Operating Income grew by 4.35% in the last fiscal year and grew by 40.6% over the last three fiscal years, and EPS grew by 5.03% in the last fiscal year and grew by 986.19% over the last three fiscal years. Revenue was $3390.39M in the last fiscal year compared to $2873.51M three years ago, Operating Income was $159.38M in the last fiscal year compared to $118.28M three years ago, EPS was $3.93 in the last fiscal year compared to $0.38 three years ago, and ROE was 12.75% in the last year compared to 1.34% three years ago. Forward 12M Revenue is expected to grow by 2.58% over the next 12 months, and the stock is trading with a Forward 12M P/E of 16.56.
Simple moving average of Plexus Corp (PLXS)
Aptargroup Inc is our third Top Buy today. Aptargroup is a global manufacturer of consumer dispensing packaging and drug delivery devices. Our AI systems rated the company C in Technicals, C in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 2.13% to $136.94 on volume of 192,951 vs its 10-day price average of $136.64 and its 22-day price average of $137.01, and is up 2.46% for the year. Revenue grew by 15.47% over the last three fiscal years, while Operating Income grew by 9.36% over the last three fiscal years. Revenue was $2859.73M in the last fiscal year compared to $2469.28M three years ago, Operating Income was $396.09M in the last fiscal year compared to $325.7M three years ago, EPS was $3.66 in the last fiscal year compared to $3.41 three years ago, and ROE was 16.17% in the last year compared to 17.7% three years ago. Forward 12M Revenue is expected to grow by 7.71% over the next 12 months, and the stock is trading with a Forward 12M P/E of 33.27.
Simple moving average of Aptargroup Inc (ATR)
Our fourth Top Buy today is Avient Corp NAVI . Formerly known as PolyOne NAVI , Avient Corp is a global provider of specialized polymer materials and services such as thermoplastic compounds, specialty polymer formulations, color and additive systems, thermoplastic resin distribution, and vinyl resins. Our AI systems rated the company B in Technicals, C in Growth, C in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.1% to $40.71 on volume of 521,694 vs its 10-day price average of $40.55 and its 22-day price average of $42.05, and is up 3.19% for the year. Revenue grew by 1.43% in the last fiscal year and grew by 12.1% over the last three fiscal years, Operating Income grew by 12.24% in the last fiscal year and grew by 35.89% over the last three fiscal years, and EPS grew by -948.57% over the last three fiscal years. Revenue was $2862.7M in the last fiscal year compared to $2590.3M three years ago, Operating Income was $222.3M in the last fiscal year compared to $183.6M three years ago, EPS was $7.57 in the last fiscal year compared to $(0.7) three years ago, and ROE was 9.5% in the last year compared to 16.77% three years ago. Forward 12M Revenue is expected to grow by 22.68% over the next 12 months, and the stock is trading with a Forward 12M P/E of 18.75.
Simple moving average of Avient Corp (AVNT)
Euronet Worldwide EEFT is our final Top Buy. The company is a worldwide provider of electronic payment services, and offers ATMs, point of sale services, credit/debit card services, currency exchange and other electronic financial services and payments software. Our AI systems rated Euronet B in Technicals, A in Growth, C in Low Volatility Momentum, and A in Quality Value. The stock closed up 0.75% to $128.5 on volume of 528,537 vs its 10-day price average of $131.61 and its 22-day price average of $138.43, and is down 8.64% for the year. Revenue grew by 9.65% over the last three fiscal years, and was $2750.11M in the last fiscal year compared to $2252.42M three years ago. Operating Income was $475.19M in the last fiscal year compared to $300.05M three years ago, EPS was $6.31 in the last fiscal year compared to $2.85 three years ago, and ROE was 24.66% in the last year compared to 14.95% three years ago. Forward 12M Revenue is expected to grow by 12.47% over the next 12 months, and the stock is trading with a Forward 12M P/E of 26.92.
Simple moving average of Euronet Worldwide Inc (EEFT)
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Top Stocks To Buy Today As Alphabet And Amazon Move Markets - Forbes
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