Top stocks to buy today as Dow trades higher despite disappointing unemployment data

Top stocks to buy today as Dow trades higher despite disappointing unemployment data

Although jobless claims data climbed to 965,000 last week and topped the estimate of 800,000, the excitement of Biden’s stimulus and more positive vaccine news have pushed stocks up. After trading broadly aside for the week, the Dow Jones jumped 150 points, or 0.5%, while the S&P 500 rose 0.2% and the Nasdaq gained 0.4%. While Trump’s impeachment garnered most of the attention on Wednesday, attention shifted Thursday to a potential stimulus package led by Biden. Investors are eagerly anticipating a stimulus proposal that could be announced tonight and amount to $ 2 trillion. The package is expected to include larger direct payments to Americans, an expansion of increased unemployment insurance, and support for state and local governments. Investors also applauded the results of Johnson & Johnson’s initial trial for its single-dose vaccine candidate. Johnson & Johnson’s potential vaccine appears safe and apparently generates a promising immune response. It also doesn’t need to be stored in ultra-cold temperatures like the Pfizer vaccine and Moderna For investors looking to get the most out of this market, deep learning algorithms analyzed the data for give you a set of best buys. Our Artificial Intelligence (“AI”) systems evaluated each business against technical parameters, growth, low volatility momentum, and quality value to find the best long-term parts. Cable One Inc is our first Top Buy today. Cable One, which recently rebranded itself as “Sparklight”, is a broadband communications provider. Our AI systems rated Cable One Inc as A in technical terms, B in growth, C in low volatility momentum, and C in quality value. The stock closed 1.25% lower at $ 1,977.39 on volume of 66,589 from its 10-day average price of $ 2,103.98 and 22-day average price of $ 2,163.88, and is down 8.12% for the year. The turnover increased by 11.92% in the last financial year and by 36.17% in the last three years, operating profit increased by 14.26% in the last financial year and by 53 , 99% in the last three years, and EPS increased 37.97% in the last year and increased 4.93% in the last three years. Sales were $ 1,168.0 million last year compared to $ 959.96 million three years ago, operating profit was $ 327.23 million last year compared to 242 , $ 81 million three years ago, EPS was $ 31.12 last year compared to $ 40.92 three years ago, and ROE was 22.09% last year compared to 41, 05% three years ago. 12M futures revenue is expected to grow 3.44% over the next 12 months, and the stock is trading with a 12M futures P / E of 40.88. Mertiage Homes Corp is our second Top Buy. Meritage Homes is a real estate development company focused on single-family detached homes, active adult communities and luxury real estate in the Arizona market. Our AI systems rated company B in technical terms, A growing, C in low volatility momentum, and A in quality value. The stock closed 1.46% lower at $ 81.81 on volume of 372,751 from its 10-day average price of $ 82.29 and 22-day average price of $ 84.5, and is down 0.35% for the year. Turnover increased by 15.28% in the last financial year and by 30.43% in the last three years, operating profit increased by 45.16% in the last financial year and 83 .03% in the last three years, and EPS increased by 51.06% in the last year and increased by 184.0% in the last three years. Revenue was $ 3,666.94 million last year compared to $ 3,240.98 million three years ago, operating profit was $ 314.67 million last year compared to 249 , $ 57 million three years ago, EPS was $ 6.42 last year compared to $ 3.41 three years ago, and ROE was 13.51% last year, up from 9, 56% three years ago. 12M futures revenue is expected to grow 14.95% over the next 12 months, and the stock is trading with a 12M futures P / E of 6.57. Sirius Xm Holdings is our next Top Buy. Sirius Xm is a broadcasting company that provides satellite radio and online radio services. Currently, it has around 35 million subscribers. Our AI systems rated company C in technique, C in growth, B in low volatility dynamics, and B in quality value. The stock closed 0.17% higher at $ 5.89 on volume 39,222,073 from its 10-day average price of $ 6.17 and 22-day average price of $ 6.27, and is down 4.54% for the year. The turnover increased by 1.53% in the last financial year and by 45.86% in the last three years, operating profit increased by 1.65% in the last financial year and 5 , 87% in the last three years, and EPS grew 18.37% in the last year and increased by 69.04% in the last three years. Revenue was $ 7,794.0 million last year compared to $ 5,425.0 million three years ago, operating profit was $ 1756.0 million last year compared to $ 1,686.0 million three years ago, and EPS was $ 0.2 last year compared to $ 0.14 three years ago. 12M futures revenue is expected to increase 3.86% over the next 12 months, and the stock is trading with a 12M futures P / E of 28.51. Taylor Morrison Home Corp is our fourth Top Buy of the day. Taylor Morrison is one of the largest residential construction companies in the United States and focuses on mid to high end homes as well as first and mid range homes. Our AI systems rated Taylor Morrison B in technique, B in growth, C in low volatility momentum, and B in quality value. The stock closed 0.4% lower at $ 24.63 on volume of 1,157,243 from its 10-day average price of $ 25.03 and 22-day average price of $ 25.8, and is down 0.85% for the year. The turnover increased by 26.8% in the last financial year and by 55.41% in the last three years, operating profit increased by 13.81% in the last financial year and by 26 , 17% in the last three years, and EPS increased 12.5% ​​in the last three years. Revenue was $ 4,762.06 million last year compared to $ 3,885.29 million three years ago, operating profit was $ 386.34 million last year compared to $ 348.49 million $ three years ago, EPS was $ 2.35 last year compared to $ 1.47 three years ago, and ROE was 10.27% last year, compared to 7.84% it three years ago. 12M futures revenue is expected to increase 10.55% over the next 12 months, and the stock is trading with a 12M futures P / E of 6.72.

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  • According to Forbes, “Best stocks to buy today as Dow trades higher despite disappointing unemployment data.”

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