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Westlake Chemical Partners Lp Among Today’s Top Buys As August Trading Comes To A Close

Tuesday marks the final trading day of August, an infamously volatile month throughout history. While we saw some dips and volatility mid-month, the indices are poised to post solid gains for the month. The Dow Jones is up a mere 1.3% month-to-date; however, the S&P 500 is up 3% this month. It is on pace to book its 7th straight winning month in a row and 9th in the last 10. This will also be the S&P’s longest winning streak since a 10-month streak ended in December 2017. Not to mention, it notched its 53rd record close of 2021 on Monday. The Nasdaq is also up 4% month-to-date and is set to book its third straight month of gains. Stocks were little changed today, with the Dow down 21 points, or less than 0.1%, while both the S&P and Nasdaq were flat. 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.  

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Lowe’s Cos Inc (LOW)

Lowe’s Cos Inc is our first Top Buy today. Lowe’s is a big-box home improvement retailer, and ranks just behind Home Depot as the largest home improvement retailer in the country. Our AI systems rated Lowe’s C in Technicals, C in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 0.44% to $204.99 on volume of 3,986,280 vs its 10-day price average of $202.5 and its 22-day price average of $196.43, and is up 27.82% 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 17.89. 

MORE FROM FORBESLowe’s (LOW)

Mettler-Toledo Intl Inc (MTD)

Mettler-Toledo is our second Top Buy of 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 A in Technicals, B in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed up 1.48% to $1588.73 on volume of 53,527 vs its 10-day price average of $1546.76 and its 22-day price average of $1528.88, and is up 36.86% for the year. Revenue grew by 12.61% in the last fiscal year and grew by 18.34% over the last three fiscal years, Operating Income grew by 18.2% in the last fiscal year and grew by 36.56% over the last three fiscal years, and EPS grew by 19.91% in the last fiscal year and grew by 50.25% over the last three fiscal years. Revenue was $3085.18M in the last fiscal year compared to $2935.59M three years ago, Operating Income was $796.24M in the last fiscal year compared to $689.18M three years ago, EPS was $24.91 in the last fiscal year compared to $19.88 three years ago, ROE was 171.37% in the last year compared to 90.14% three years ago. Forward 12M Revenue is expected to grow by 2.38% over the next 12 months, and the stock is trading with a Forward 12M P/E of 46.71 

MORE FROM FORBESMTD

Westlake Chemical Partners Lp (WLKP)

Our next 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, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.96% to $25.86 on volume of 37,046 vs its 10-day price average of $25.77 and its 22-day price average of $26.35, and is up 14.73% 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 11.77.

MORE FROM FORBESWestlake Chemical Prtnrs (WLKP)

Acushnet Holdings Corp (GOLF)

Acushnet Holdings Corp is our fourth Top Buy today. Acushnet Holdings is a holding company that through its subsidiaries designs, develops, manufactures, and distributes golf products. Our AI systems rated the company C in Technicals, A in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed down 1.22% to $51.13 on volume of 97,614 vs its 10-day price average of $51.41 and its 22-day price average of $52.47, and is up 25.2% for the year. Revenue grew by 30.83% in the last fiscal year and grew by 29.1% over the last three fiscal years, Operating Income grew by 115.09% in the last fiscal year and grew by 103.95% over the last three fiscal years, and EPS grew by 160.91% in the last fiscal year and grew by 153.0% over the last three fiscal years. Revenue was $1612.17M in the last fiscal year compared to $1633.72M three years ago, Operating Income was $159.22M in the last fiscal year compared to $167.92M three years ago, EPS was $1.28 in the last fiscal year compared to $1.32 three years ago, and ROE was 10.16% in the last year compared to 11.57% three years ago. The stock is also trading with a Forward 12M P/E of 26.22.

MORE FROM FORBESAcushnet Holdings (GOLF)

Wolverine World Wide (WWW)

Wolverine World Wide is our final Top Buy today. Wolverine World Wide is a footwear manufacturer best known for the Wolverine Boots and Shoes brand. Wolverine Worldwide has other well known brands under its belt too such as Hush Puppies and Merrell. Our AI systems rated the company C in Technicals, B in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 1.66% to $36.67 on volume of 336,447 vs its 10-day price average of $36.56 and its 22-day price average of $36.07, and is up 21.06% for the year. Revenue grew by 19.78% in the last fiscal year, Operating Income grew by 110.12% in the last fiscal year, and EPS grew by -51.46% in the last fiscal year. Revenue was $1791.1M in the last fiscal year compared to $2239.2M three years ago, Operating Income was $83.0M in the last fiscal year compared to $246.4M three years ago, EPS was $(1.7) in the last fiscal year compared to $2.05 three years ago, and ROE was (20.51%) in the last year compared to 20.58% three years ago. Forward 12M Revenue is expected to grow by 7.75% over the next 12 months, and the stock is trading with a Forward 12M P/E of 14.53.

MORE FROM FORBESWolverine World Wide (WWW)

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