Artificial Intelligence Identifies Advanced Micro Devices Among Todays Top Buys – Forbes
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Although stocks on Thursday were struggling to continue this week's gains, more positive data showed that the economy is reopening faster than expected. The Dow Jones dropped 160 points, the S&P 500 declined 0.6%, and the Nasdaq NDAQ fell 0.8%. However, private job growth for May accelerated at its fastest pace in nearly a year, and jobless claims once again reached their lowest levels since the start of the pandemic. 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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Semiconductor giant Advanced Micro Devices AMD is our first Top Buy today. The stock was one of the biggest winners during 2020, and has had an up and down 2021 thus far as it confronts inflation risks and a semiconductor shortage. However, there is no denying how strongly this company has positioned itself in the industry. Our AI systems rated Advanced Micro Devices C in Technicals, A in Growth, C in Low Volatility Momentum, and C in Quality Value. The stock closed up 1.44% to $81.97 on volume of 35,168,000 vs its 10-day price average of $78.64 and its 22-day price average of $77.38, and is down 11.19% for the year. Revenue grew by 16.99% in the last fiscal year and grew by 76.4% over the last three fiscal years, Operating Income grew by 36.52% in the last fiscal year and grew by 314.41% over the last three fiscal years, and EPS grew by 15.41% in the last fiscal year and grew by 644.3% over the last three fiscal years. Revenue was $9763.0M in the last fiscal year compared to $496.0M three years ago, Operating Income was $1369.0M in the last fiscal year compared to $496.0M three years ago, EPS was $2.06 in the last fiscal year compared to $0.32 three years ago, and ROE was 57.48% in the last year compared to 36.2% three years ago. Forward 12M Revenue is expected to grow by 1.73% over the next 12 months, and the stock is trading with a Forward 12M P/E of 37.9.
Simple moving average of Advanced Micro Devices (AMD)
Cts Corp is todays second Top Buy. Cts Corp is a leading designer and manufacturer of sensors, actuators and electronic components for original equipment manufacturers in a variety of markets and industries. Our AI systems rated the company C in Technicals, B in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 2.17% to $38.27 on volume of 351,816 vs its 10-day price average of $37.99 and its 22-day price average of $35.45, and is up 13.63% for the year. Revenue grew by 5.98% in the last fiscal year, Operating Income grew by 18.88% in the last fiscal year, and EPS grew by 23.72% in the last fiscal year. Revenue was $424.07M in the last fiscal year compared to $470.48M three years ago, Operating Income was $45.31M in the last fiscal year compared to $65.72M three years ago, EPS was $1.06 in the last fiscal year compared to $1.39 three years ago, and ROE was 8.37% in the last year compared to 12.89% three years ago. The stock is also trading with a Forward 12M P/E of 24.32.
Simple moving average of Cts Corp (CTS)
First American Financial Cp is our next Top Buy today. First American Financial operates as an insurance company, and provides title insurance and settlement services to the real estate and mortgage industries. Our AI systems rated the company C in Technicals, B in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.97% to $64.25 on volume of 388,199 vs its 10-day price average of $64.74 and its 22-day price average of $65.33, and is up 25.59% for the year. Revenue grew by 8.65% in the last fiscal year and grew by 33.95% over the last three fiscal years, Operating Income grew by 22.99% in the last fiscal year and grew by 95.81% over the last three fiscal years, and EPS grew by 25.31% in the last fiscal year and grew by 84.23% over the last three fiscal years. Revenue was $7086.67M in the last fiscal year compared to $5747.84M three years ago, Operating Income was $1035.67M in the last fiscal year compared to $650.52M three years ago, EPS was $6.16 in the last fiscal year compared to $4.19 three years ago, and ROE was 14.99% in the last year compared to 13.17% three years ago. The stock is also trading with a Forward 12M P/E of 10.69.
Simple moving average of First American Financial Cp (FAF)
First Eagle Alternative Capital is our next Top Buy. First Eagle is a financial services company that offers investment management services, such as portfolio management, economic analysis, risk classification, value assessment, financial planning, and investment advisory services. Our AI systems rated the company C in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 2.17% to $4.71 on volume of 137,202 vs its 10-day price average of $4.58 and its 22-day price average of $4.48, and is up 29.4% for the year. Operating Income grew by 0.07% in the last fiscal year, and EPS grew by -206.15% in the last fiscal year and grew by -482.17% over the last three fiscal years. Revenue was $29.77M in the last fiscal year compared to $66.94M three years ago, Operating Income was $23.22M in the last fiscal year compared to $51.91M three years ago, EPS was $(1.17) in the last fiscal year compared to $(0.32) three years ago, and ROE was (17.68%) in the last year compared to (3.31%) three years ago. Forward 12M Revenue is expected to grow by 4.79% over the next 12 months, and the stock is trading with a Forward 12M P/E of 11.63.
Simple moving average of First Eagle Alternative Capital (FCRD)
Skyworks Solutions Inc SWKS is todays final Top Buy. Skyworks is our second company on todays list involved in the semiconductor space, and engages in the design, development, and manufacture of proprietary semiconductor products. Our AI systems rated the company F in Technicals, A in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed up 0.83% to $171.81 on volume of 973,540 vs its 10-day price average of $169.25 and its 22-day price average of $168.94, and is up 13.99% for the year. Revenue grew by 30.38% in the last fiscal year and grew by 13.12% over the last three fiscal years, Operating Income grew by 50.23% in the last fiscal year and grew by 5.72% over the last three fiscal years, and EPS grew by 50.5% in the last fiscal year and grew by 44.19% over the last three fiscal years. Revenue was $3355.7M in the last fiscal year compared to $3868.0M three years ago, Operating Income was $929.0M in the last fiscal year compared to $1320.1M three years ago, EPS was $4.8 in the last fiscal year compared to $5.01 three years ago, ROE was 19.67% in the last year compared to 22.5% three years ago. Trading with a Forward 12M P/E of 17.21.
Simple moving average of Skyworks Solutions Inc (SWKS)
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Artificial Intelligence Identifies Advanced Micro Devices Among Todays Top Buys - Forbes
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