Market

Fox Factory Holding Cp Ranked Among Today’s Top Buys Amid Pandemic-Era Low Jobless Claims

The S&P 500 hit its 54th record high of 2021 on Thursday thanks to a pandemic-era low of jobless claims. Friday, however, saw the August jobs report dramatically miss expectations. Investors may be happy to hear that numbers this bad could cause the Fed to reevaluate its tapering plans. Yet, it does not say good things about the labor market. The bottom line is this. It speaks volumes when a jobs report is forecasted to be 720,000 ​​and comes in nearly 500,000 short at 235,000. The labor market is nowhere near fully recovered, and economic policies must be evaluated. Based on this news, the indices mildly retreated. The Dow Jones fell about 68 points or 0.2%, and the S&P 500 and the Nasdaq
NDAQ
dipped about 0.1% each. 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.

Fidelity Natl Finl Fnf Group (FNF)

Fidelity National Financial Group
FNF
is our first 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 A in Quality Value. The stock closed down 0.29% to $48.43 on volume of 985,825 vs its 10-day price average of $48.75 and its 22-day price average of $48.29, and is up 26.12% for the year. Revenue grew by 26.68% in the last fiscal year and grew by 80.24% over the last three fiscal years, Operating Income grew by 62.86% in the last fiscal year and grew by 281.5% over the last three fiscal years, and EPS grew by 60.54% in the last fiscal year and grew by 254.66% 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 8.85.

MORE FROM FORBESFidelity National Financial (FNF)

Fox Factory Holding Cp (FOXF)

Fox Factory Holding Cp is today’s second Top Buy. Fox Factory Holding designs, engineers, manufactures and markets performance-defining products and systems for customers around the globe. Our AI systems rated the company A in Technicals, B in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed up 2.38% to $152.61 on volume of 140,428 vs its 10-day price average of $152.9 and its 22-day price average of $154.71, and is up 47.58% for the year. Revenue grew by 27.16% in the last fiscal year and grew by 82.87% over the last three fiscal years, Operating Income grew by 44.5% in the last fiscal year and grew by 96.04% over the last three fiscal years, and EPS grew by 61.76% in the last fiscal year and grew by 66.25% over the last three fiscal years. Revenue was $890.55M in the last fiscal year compared to $619.22M three years ago, Operating Income was $128.25M in the last fiscal year compared to $94.53M three years ago, EPS was $2.22 in the last fiscal year compared to $2.16 three years ago, and ROE was 15.86% in the last year compared to 29.27% three years ago. Forward 12M Revenue is expected to grow by 4.89% over the next 12 months, and the stock is trading with a Forward 12M P/E of 33.27.

MORE FROM FORBESFox Factory Holding (FOXF)

Lci Industries (LCII)

LCI Industries is our next Top Buy. Together with its subsidiaries, LCI Industries manufactures and supplies components for manufacturers of RVs and related industries in both the United States and internationally. Our AI systems rated the company B in Technicals, B in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.38% to $140.63 on volume of 74,578 vs its 10-day price average of $142.44 and its 22-day price average of $144.17, and is up 9.52% for the year. Revenue grew by 32.49% in the last fiscal year and grew by 49.64% over the last three fiscal years, Operating Income grew by 53.98% in the last fiscal year and grew by 77.29% over the last three fiscal years, and EPS grew by 63.02% in the last fiscal year and grew by 75.32% over the last three fiscal years.Revenue was $2796.17M in the last fiscal year compared to $2475.81M three years ago, Operating Income was $228.89M in the last fiscal year compared to $198.8M three years ago, EPS was $6.27 in the last fiscal year compared to $5.83 three years ago, and ROE was 18.54% in the last year compared to 21.86% three years ago. Forward 12M Revenue is expected to grow by 4.0% over the next 12 months, and the stock is trading with a Forward 12M P/E of 12.77. 

MORE FROM FORBESLCI Industries (LCII)

Lowe’s Cos Inc (LOW)

Lowe’s Cos Inc is back on our list as a Top Buy today. Lowe’s is a big-box home improvement retailer, and ranks just behind Home Depot
HD
as the largest home improvement retailer in the country. Our AI systems rated Lowe’s C in Technicals, D in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed up 1.34% to $206.15 on volume of 2,656,307 vs its 10-day price average of $205.38 and its 22-day price average of $198.06, and is up 28.54% 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 17.99.

MORE FROM FORBESLowe’s (LOW)

Schneider National Inc (SNDR)

Schneider National is our final Top Buy on today’s list. Schenider is a provider of truckload, intermodal and logistics services, including regional, long-haul, expedited, dedicated, bulk, intermodal, brokerage, cross-dock logistics, pool point distribution, supply chain management, and port logistics. Our AI systems rated the company A in Technicals, C in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.65% to $23.06 on volume of 280,805 vs its 10-day price average of $22.55 and its 22-day price average of $22.13, and is up 12.71% for the year. Revenue grew by 9.61% in the last fiscal year and grew by 0.27% over the last three fiscal years, Operating Income grew by 27.75% in the last fiscal year and grew by 3.2% over the last three fiscal years, and EPS grew by 33.6% in the last fiscal year and grew by 4.65% over the last three fiscal years. Revenue was $4552.8M in the last fiscal year compared to $4977.0M three years ago, Operating Income was $305.2M in the last fiscal year compared to $377.8M three years ago, EPS was $1.19 in the last fiscal year compared to $1.52 three years ago, and ROE was 9.86% in the last year compared to 13.37% three years ago. Forward 12M Revenue is expected to grow by 4.52% over the next 12 months, and the stock is trading with a Forward 12M P/E of 11.84.

MORE FROM FORBESSchneider National (SNDR)

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 :
newsbinding Governmental News Finance News

Source link

Back to top button