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Growing economic optimism sent stocks higher for yet another day, with the indices set to close off a very positive week. Both the Dow and S&P 500 are up more than 1% week to date, with the S&P just about 1% from its record high. Although Nasdaq
NDAQ
has had a volatile May, it has led the way this week and gained 2.3%. Stocks are indeed heading into June on a high note, with the Dow Jones
DOW
gaining 150 points, the S&P 500 rising 0.4%, and the Nasdaq rising 0.4%. After yesterday’s jobless claims fell to a pandemic-era low, positive earnings from companies like Salesforce
CRM
led the market higher, with the company popping nearly 7%. Meme stocks also continued their recovery, with AMC skyrocketing by over 30%. 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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Donaldson Co Inc (DCI)
Donaldson Co Inc is today’s first Top Buy. Donaldson Co is a filtration company that produces and markets air filters for sectors such as commercial/industrial, aerospace, chemical, alternative energy and pharmaceuticals. Our AI systems rated the company B in Technicals, C in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed up 1.08% to $61.59 on volume of 529,640 vs its 10-day price average of $61.39 and its 22-day price average of $62.43, and is up 12.14% for the year. Operating Income grew by 1.14% in the last fiscal year, while EPS grew by 40.43% over the last three fiscal years. Revenue was $2581.8M in the last fiscal year compared to $2734.2M three years ago, Operating Income was $342.4M in the last fiscal year compared to $380.0M three years ago, EPS was $2.0 in the last fiscal year compared to $1.36 three years ago, and ROE was 26.96% in the last year compared to 21.06% three years ago. Forward 12M Revenue is expected to grow by 4.15% over the next 12 months, and the stock is trading with a Forward 12M P/E of 25.14.
MORE FROM FORBESDonaldson Company, (DCI)
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Emerson Electric Co (EMR)
Emerson Electric Co is our next Top Buy today. Emerson Electric Co. manufactures products and provides engineering services for a wide range of customers in industrial, commercial and consumer markets. Our AI systems rated the company A in Technicals, C in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 2.29% to $95.45 on volume of 3,795,286 vs its 10-day price average of $94.22 and its 22-day price average of $93.54, and is up 22.36% for the year. Revenue grew by 1.66% in the last fiscal year, Operating Income grew by 4.6% in the last fiscal year and grew by 2.51% over the last three fiscal years, and EPS grew by 9.4% in the last fiscal year and grew by 2.45% over the last three fiscal years. Revenue was $16785.0M in the last fiscal year compared to $17408.0M three years ago, Operating Income was $2848.0M in the last fiscal year compared to $2906.0M three years ago, EPS was $3.24 in the last fiscal year compared to $3.46 three years ago, and ROE was 23.8% in the last year compared to 25.04% three years ago. Forward 12M Revenue is expected to grow by 2.35% over the next 12 months, and the stock is trading with a Forward 12M P/E of 23.25.
MORE FROM FORBESEmerson Electric (EMR)
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Fidelity Natl Finl Fnf Group (FNF)
Fidelity National Financial Group
FNF
is our third 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 0.3% to $46.62 on volume of 2,204,398 vs its 10-day price average of $46.63 and its 22-day price average of $46.25, and is up 21.41% 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 9.47.
MORE FROM FORBESFidelity National Financial (FNF)
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Independent Bk Grp Inc (IBTX)
Independent Bk Grp Inc is our next Top Buy. Independent Bank
IBCP
Group is a bank holding company for Texas-based Independent Bank, and provides commercial banking products and services tailored to meet the needs of businesses, professionals, and individuals. Our AI systems rated the company A in Technicals, C in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 1.69% to $78.77 on volume of 180,987 vs its 10-day price average of $75.95 and its 22-day price average of $75.81, and is up 26.78% for the year. Revenue grew by 3.83% in the last fiscal year and grew by 61.71% over the last three fiscal years, Operating Income grew by 6.95% in the last fiscal year and grew by 78.61% over the last three fiscal years, and EPS grew by 7.69% in the last fiscal year and grew by 16.06% over the last three fiscal years. Revenue was $558.52M in the last fiscal year compared to $358.62M three years ago, Operating Income was $293.26M in the last fiscal year compared to $175.6M three years ago, EPS was $4.67 in the last fiscal year compared to $4.33 three years ago, and ROE was 8.29% in the last year compared to 8.72% three years ago. The stock is also trading with a Forward 12M P/E of 15.95.
MORE FROM FORBESIndependent Bank Group (IBTX)
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Schneider National Inc (SNDR)
Schneider National
SNDR
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 B in Technicals, C in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.41% to $24.56 on volume of 431,205 vs its 10-day price average of $25.0 and its 22-day price average of $25.13, and is up 20.04% for the year. Revenue grew by 2.41% in the last fiscal year, Operating Income grew by 7.37% in the last fiscal year, and EPS grew by 5.04% in the last fiscal year. 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 1.94% over the next 12 months, and the stock is trading with a Forward 12M P/E of 14.24.
MORE FROM FORBESSchneider National (SNDR)
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