Market

Artificial Intelligence Identifies Perficient Inc Among Today’s Top Buys

Crypto prices rebounded and stabilized after Elon Musk said he was having discussions with bitcoin miners regarding sustainability. Coupled with renewed optimism on the economic reopening, and you have a market that looks a lot different than it looked a few weeks ago. Both growth stocks and reopening trades rose on Tuesday. Crypto-exchange Coinbase had another big day and rose 2.5% after JPMorgan gave it a buy rating. Big Tech companies such as Facebook, Amazon, Apple, Microsoft, Netflix, Nvidia, and Alphabet all rose too, along with airlines, and cruise lines. United Airlines, for example, popped almost 3% after they said yields on domestic leisure tickets purchased in May topped 2019 levels. The Dow Jones rose 70 points, the S&P 500 gained 0.3%, and the Nasdaq climbed 0.6%. 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.

Archer-Daniels-Midland Co (ADM)

Food processing giant Archer-Daniels-Midland is our first Top Buy of the day. The company operates more than 270 plants and 420 crop procurement facilities worldwide, and also provides agricultural storage and transportation services. Our AI systems rated Archer-Daniels-Midland A in Technicals, B in Growth, and B in Low Volatility Momentum, and C in Quality Value. The stock closed down 0.54% to $66.62 on volume of 2,349,110 vs its 10-day price average of $66.9 and its 22-day price average of $65.33, and is up 33.59% for the year. Revenue grew by 6.1% over the last three fiscal years and grew by 6.12% over the last three fiscal years, Operating Income grew by 30.07% in the last fiscal year and grew by 22.09% over the last three fiscal years, and EPS grew by 16.86% in the last fiscal year and grew by 15.39% over the last three fiscal years. Revenue was $64355.0M in the last fiscal year compared to $64341.0M three years ago, Operating Income was $1806.0M in the last fiscal year compared to $1924.0M three years ago, EPS was $3.15 in the last fiscal year compared to $3.19 three years ago, and ROE was 9.05% in the last year compared  to 9.7% three years ago. The stock is also trading with a Forward 12M P/E of 15.83.

MORE FROM FORBESArcher Daniels Midland (ADM)

Fidelity Natl Finl Fnf Group (FNF)

Fidelity National Financial Group is our second Top Buy today. Fidelity National Financial is engaged in the provision of title insurance and transaction services to real estate and mortgage industries. Our AI systems rated the company A in Technicals, B in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed up 0.71% to $47.05 on volume of 1,001,121 vs its 10-day price average of $46.4 and its 22-day price average of $46.1, and is up 22.53% for the year. Revenue grew by 13.63% in the last fiscal year and grew by 61.68% over the last three fiscal years, Operating Income grew by 45.84% in the last fiscal year and grew by 241.62% over the last three fiscal years, and EPS grew by 44.41% in the last fiscal year and grew by 219.01% 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 9.56. 

MORE FROM FORBESFidelity National Financial (FNF)

Marten Transport Ltd (MRTN)

Marten Transport Ltd is our next Top Buy. Marten Transport is a Wisconsin-based trucking company, and is one of the largest Refrigerated Truckload, Intermodal and Brokerage providers in the U.S. Canada and Mexico. 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 0.77% to $16.75 on volume of 236,196 vs its 10-day price average of $17.2 and its 22-day price average of $17.16, and is down 0.89% for the year. Revenue grew by 0.5% in the last fiscal year and grew by 11.58% over the last three fiscal years, Operating Income grew by 6.69% in the last fiscal year and grew by 39.98% over the last three fiscal years, and EPS grew by 5.93% in the last fiscal year and grew by 32.81% over the last three fiscal years. Revenue was $874.37M in the last fiscal year compared to $787.59M three years ago, Operating Income was $82.8M in the last fiscal year compared to $63.1M three years ago, EPS was $0.84 in the last fiscal year compared to $0.67 three years ago, and ROE was 11.41% in the last year compared to 9.99% three years ago. Forward 12M Revenue is expected to grow by 2.1% over the next 12 months, and the stock is trading with a Forward 12M P/E of 16.03.

MORE FROM FORBESMarten Transport

N B T Bancorp Inc (NBTB)

N B T Bancorp Inc is our next Top Buy. N B T Bancorp Inc. is a financial holding company that operates primarily through NBT Bank, N.A. and two financial services companies. Our AI systems rated the company A in Technicals, C in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed down 1.55% to $40.09 on volume of 137,736 vs its 10-day price average of $39.79 and its 22-day price average of $39.28, and is up 26.11% for the year. Revenue grew by 8.74% in the last fiscal year and grew by 11.25% over the last three fiscal years, Operating Income grew by 26.46% in the last fiscal year and grew by 24.23% over the last three fiscal years, and EPS grew by 28.75% in the last fiscal year and grew by 19.19% over the last three fiscal years. Revenue was $410.82M in the last fiscal year compared to $401.56M three years ago, Operating Income was $147.26M in the last fiscal year compared to $149.91M three years ago, EPS was $2.37 in the last fiscal year compared to $2.56 three years ago, and ROE was 9.05% in the last year compared to 11.39% three years ago. The stock is also trading with a Forward 12M P/E of 13.66.

MORE FROM FORBESN B T Bancorp (NBTB)

Perficient Inc (PRFT)

Perficient Inc is today’s final Top Buy. Perficient, Inc. provides information technology consulting services to Forbes Global 2000 and other large enterprise companies with a primary focus on the United States. 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 up 0.86% to $73.8 on volume of 354,099 vs its 10-day price average of $70.92 and its 22-day price average of $68.26, and is up 58.88% for the year. Revenue grew by 3.88% in the last fiscal year and grew by 27.6% over the last three fiscal years, Operating Income grew by 10.04% in the last fiscal year and grew by 90.05% over the last three fiscal years, and EPS grew by 15.29% in the last fiscal year and grew by 46.87% over the last three fiscal years. Revenue was $612.13M in the last fiscal year compared to $498.38M three years ago, Operating Income was $68.45M in the last fiscal year compared to $39.63M three years ago, EPS was $0.93 in the last fiscal year compared to $0.73 three years ago, and ROE was 7.79% in the last year compared to 6.82% three years ago. Forward 12M Revenue is expected to grow by 2.1% over the next 12 months, and the stock is trading with a Forward 12M P/E of 23.33.

MORE FROM FORBESPerficient (PRFT)

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 :
usnewsmail Governmental News Finance News

Source link

Back to top button