Market

Skyworks Solutions Inc Among This Month’s Top Stocks

There is some economic optimism based on the strong earnings we’ve seen this quarter. But can we meet increasingly higher expectations? Especially when our friend Covid-19 continues evolving into more contagious variants threatening the progress we’ve made? The Delta variant is by far the biggest threat to the economic recovery. Why else would there have been a sharp late-day sell-off to kick off the month of August? However, monetary policy is still dovish, and there are signs we’re reaching pre-pandemic levels of economic activity. Some analysts believe we will end the month positive, while others say that a pullback is not out of the question. The best thing to do in situations like this with so much uncertainty is to add quality names at discounted prices when they pull back, or add to some core holdings. If you need some help deciding on what stocks to buy our Artificial Intelligence (“AI”) algorithms at Q.ai have identified some standout stocks to consider for this month to help you out. Our AI systems have picked Top Tech Stocks, Top Consumer Stocks, Top Quality Value Stocks, Top Growth Stocks, and Top Dividend Stocks to assist you.   

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Top Tech Stocks

Skyworks Solutions Inc (SWKS)

Skyworks Solutions Inc is our first Top Tech Stock for the month of August. Skyworks produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks is rated a Top Buy this month and our AI systems rated the company C in Technicals, A in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 1.53% to $187.33 on volume of 2,631,128 vs its 10-day price average of $190.76 and its 22-day price average of $190.04, and is up 24.99% for the year. Revenue grew by 41.7% in the last fiscal year and grew by 22.93% over the last three fiscal years, Operating Income grew by 67.2% in the last fiscal year and grew by 17.67% over the last three fiscal years, while EPS grew by 76.78% in the last fiscal year and grew by 69.37% 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, and EPS was $4.8 in the last fiscal year compared to $5.01 three years ago. ROE was 19.67% in the last year, which compares to 22.5% three years ago. Forward 12M Revenue is expected to grow by 7.48% over the next 12 months and the stock is trading with a Forward 12M P/E of 17.2.

MORE FROM FORBESSkyworks Solutions (SWKS)

AT&T INC (T) 

AT&T Inc is our next Top Tech stock this month. AT&T Wireless is AT&T’s largest business, contributing about 40% of revenue. The firm is the third-largest U.S. wireless carrier, connecting 64 million postpaid and 17 million prepaid phone customers. AT&T is rated a Top Buy this month and our AI systems rated AT&T C in Technicals, A in Growth, C in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.21% to $28.11 on volume of 32,526,555 vs its 10-day price average of $28.08 and its 22-day price average of $28.24, and is up 0.72% for the year. Revenue grew by 2.48% in the last fiscal year and grew by 3.08% over the last three fiscal years, Operating Income grew by 7.89% in the last fiscal year, while EPS grew by -58.64% in the last fiscal year. Revenue was $171760.0M in the last fiscal year compared to $170756.0M three years ago, Operating Income was $25656.0M in the last fiscal year compared to $31618.0M three years ago, and EPS was $(0.75) in the last fiscal year compared to $2.85 three years ago. ROE was (2.0%) in the last year, which compares to 11.88% three years ago. The stock is trading with a Forward 12M P/E of 8.86.

MORE FROM FORBESAT&T (T)

Activision Billzard Inc (ATVI)

Activision Billzard Inc is our next Top Tech stock this month. The company was formed in 2008 by the merger of Activision, one of the largest console video game publishers, and Blizzard, one of the largest PC video game publishers. The combined firm remains one of the world’s largest video game publishers. Activision is rated a Top Buy this month and our AI systems rated Activision B in Technicals, C in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 1.03% to $82.76 on volume of 6,156,806 vs its 10-day price average of $87.36 and its 22-day price average of $90.24, and the stock is down 7.5% for the year. Revenue grew by 6.02% in the last fiscal year and grew by 14.31% over the last three fiscal years, Operating Income grew by 6.72% in the last fiscal year and grew by 51.05% over the last three fiscal years, while EPS grew by 4.96% in the last fiscal year and grew by 23.33% over the last three fiscal years. Revenue was $8086.0M in the last fiscal year compared to $7500.0M three years ago, Operating Income was $2828.0M in the last fiscal year compared to $1998.0M three years ago, while EPS was $2.82 in the last fiscal year compared to $2.4 three years ago. ROE was 15.78% in the last year compared to 17.72% three years ago and the stock is trading with a Forward 12M P/E of 22.15.

MORE FROM FORBESActivision Blizzard (ATVI)

Top Consumer Stocks

American Eagle Outfitters Inc (AEO)

American Eagle Outfitters Inc our first Top Consumer Stock for the month. The company is an apparel and accessory retailer with company stores throughout North America, China, Hong Kong, and the United Kingdom. The company leases all of its stores, and the vast majority of stores are in the United States. American Eagle Outfitters is rated a Top Buy this month and our AI systems rated the company a B in Technicals, B in Growth, C in Low Volatility Momentum, and A in Quality Value. The stock closed up 0.73% to $34.72 on volume of 4,569,260 vs its 10-day price average of $34.7 and its 22-day price average of $35.29, and the stock is up 76.42% for the year. Revenue grew by 12.85% in the last fiscal year and grew by 5.11% over the last three fiscal years, Operating Income grew by 3146.22% in the last fiscal year and grew by 1.77% over the last three fiscal years, while EPS grew by -163.95% in the last fiscal year. Revenue was $3759.11M in the last fiscal year compared to $4035.72M three years ago, Operating Income was $10.68M in the last fiscal year compared to $340.7M three years ago, and EPS was $(1.26) in the last fiscal year compared to $1.47 three years ago. ROE was (17.93%) in the last year compared to 20.67% three years ago. Forward 12M Revenue is expected to grow by 1.7% over the next 12 months, and the stock is trading with a Forward 12M P/E of 16.45. 

MORE FROM FORBESAmerican Eagle Outfitters (AEO)

Burlington Stores Inc (BURL)

Burlington Stores Inc is also a Top Consumer Stock for the month of August. Burlington is the third-largest American off-price apparel and home fashion retail firm, with 761 stores as of the end of fiscal 2020, Burlington Stores offers an assortment of products from over 5,000 brands through an everyday low price approach that undercuts conventional retailers’ regular prices by up to 60%. Burlington is rated a Top Buy this month and our AI systems rated Burlington a B in Technicals, B in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 1.25% to $330.61 on volume of 335,332 vs its 10-day price average of $327.38 and its 22-day price average of $327.09, and the stock is up 30.48% for the year. Revenue grew by 24.18% in the last fiscal year and grew by 7.32% over the last three fiscal years, Operating Income grew by -152.18% in the last fiscal year, while EPS grew by -231.87% in the last fiscal year. Revenue was $5754.73M in the last fiscal year compared to $6658.89M three years ago, Operating Income was $(314.28)M in the last fiscal year compared to $589.82M three years ago, and EPS was $(3.28) in the last fiscal year compared to $6.04 three years ago. ROE was (43.61%) in the last year compared to 202.57% three years ago. Forward 12M Revenue is expected to grow by 0.57% over the next 12 months and the stock is trading with a Forward 12M P/E of 38.37.

MORE FROM FORBESBurlington Stores (BURL)

Coca Cola Consolidated Inc (COKE)

Coca Cola Consolidated Inc is also a Top Consumer Stock for the month of August. Coca Cola Consolidated sells nonalcoholic beverage products in the United States. The company purchases concentrate and syrups from other beverage manufacturers under a license, then produces, packages, markets, and distributes the beverages to retailers. Coca Cola Consolidated is rated a Top Buy this month and our AI systems rated the company an A in Technicals, A in Growth, B in Low Volatility Momentum, and C in Quality Value. The stock closed down 1.59% to $392.82 on volume of 28,315 vs its 10-day price average of $406.86 and its 22-day price average of $402.33, and is up 47.39% for the year. Revenue grew by 1.93% in the last fiscal year and grew by 10.35% over the last three fiscal years, Operating Income grew by 19.82% in the last fiscal year and grew by 578.9% over the last three fiscal years, while EPS grew by 22.55% in the last fiscal year and grew by -1152.15% over the last three fiscal years. Revenue was $5007.36M in the last fiscal year compared to $4625.36M three years ago, Operating Income was $313.75M in the last fiscal year compared to $55.38M three years ago, and EPS was $18.3 in the last fiscal year compared to $(2.13) three years ago. ROE was 37.78% in the last year compared to (3.32%) three years ago. Forward 12M Revenue is expected to grow by 0.11% over the next 12 months and the stock is trading with a Forward 12M P/E of 14.34.

MORE FROM FORBESCoca-Cola Bottling Consolidated (COKE)

Top Growth Stocks

Western Alliance Bancorp (WAL)

Western Alliance Bancorp is still our first Top Growth Stock. The company is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. Western Alliance is rated Attractive this month and our AI systems rated the company B in Technicals, A in Growth, C in Low Volatility Momentum, and C in Quality Value. The stock closed down 0.81% to $92.07 on volume of 728,918 vs its 10-day price average of $94.38 and its 22-day price average of $94.68, and is up 56.79% for the year. Revenue grew by 39.98% in the last fiscal year and grew by 66.97% over the last three fiscal years, Operating Income grew by 50.17% in the last fiscal year and grew by 82.02% over the last three fiscal years, while EPS grew by 46.09% in the last fiscal year and grew by 77.85% over the last three fiscal years. Revenue was $1114.1M in the last fiscal year compared to $934.0M three years ago, Operating Income was $643.0M in the last fiscal year compared to $530.5M three years ago, while EPS was $5.04 in the last fiscal year compared to $4.14 three years ago. ROE was 15.76% in the last year, which compares to 18.0% three years ago. Forward 12M Revenue is expected to grow by 11.94% over the next 12 months and the stock is trading with a Forward 12M P/E of 10.38.

MORE FROM FORBESWestern Alliance Bancorp. (WAL)

Sanderson Farms Inc (SAFM)

Our second Top Growth stock this month is Sanderson Farms Inc. The company is a dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Sanderson is rated Attractive this month and our AI systems rated the company F in Technicals, A in Growth, C in Low Volatility Momentum, and C in Quality Value. The stock closed down 1.15% to $184.25 on volume of 119,334 vs its 10-day price average of $183.39 and its 22-day price average of $183.34, and the stock is up 44.69% for the year. Revenue grew by 10.53% in the last fiscal year and grew by 21.74% over the last three fiscal years, Operating Income grew by 993.43% in the last fiscal year and grew by 813.48% over the last three fiscal years, while EPS grew by 491.52% in the last fiscal year and grew by 178.26% over the last three fiscal years. Revenue was $3564.27M in the last fiscal year compared to $3236.0M three years ago, Operating Income was $24.81M in the last fiscal year compared to $29.7M three years ago, while EPS was $1.27 in the last fiscal year compared to $2.7 three years ago. ROE was 1.99% in the last year, which compares to 4.36% three years ago. Forward 12M Revenue is expected to grow by 1.64% over the next 12 months and the stock is trading with a Forward 12M P/E of 12.77.

MORE FROM FORBESSanderson Farms (SAFM)

Axalta Coating Systems Ltd (AXTA)

Our third Top Growth stock this month is Axalta Coating Systems Ltd. The company manufactures, markets and distributes performance coating and transportation coating systems. Axalta is rated Attractive this month and our AI systems rated the company C in Technicals, A in Growth, C in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.43% to $29.97 on volume of 2,130,852 vs its 10-day price average of $29.36 and its 22-day price average of $29.67, and the stock is up 6.28% for the year. Revenue grew by 14.83% in the last fiscal year, Operating Income grew by 51.79% in the last fiscal year and grew by 20.5% over the last three fiscal years, while EPS grew by 141.26% in the last fiscal year and grew by 46.74% over the last three fiscal years. Revenue was $3737.6M in the last fiscal year compared to $4696.0M three years ago, Operating Income was $424.8M in the last fiscal year compared to $535.1M three years ago, while EPS was $0.52 in the last fiscal year compared to $0.85 three years ago. ROE was 8.44% in the last year, which compares to 15.69% three years ago. Forward 12M Revenue is expected to grow by 5.25% over the next 12 months and the stock is trading with a Forward 12M P/E of 14.44.

MORE FROM FORBESAxalta Coating Systems (AXTA)

Top Quality Value Stocks

Motorola Solutions Inc (MSI)

Motorola Solutions Inc is our first Top Quality Value Stock for the month. The company is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. Motorola is rated a Top Buy this month and our AI systems rated the company D in Technicals, B in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed up 0.0% to $223.93 on volume of 569,031 vs its 10-day price average of $221.72 and its 22-day price average of $221.77, and the stock is up 34.67% for the year. Revenue grew by 1.59% in the last fiscal year and grew by 2.57% over the last three fiscal years, Operating Income grew by 6.56% in the last fiscal year and grew by 5.8% over the last three fiscal years, while EPS grew by 5.38% in the last fiscal year and grew by 2.2% over the last three fiscal years. Revenue was $7414.0M in the last fiscal year compared to $7343.0M three years ago, Operating Income was $1524.0M in the last fiscal year compared to $1535.0M three years ago, while EPS was $5.45 in the last fiscal year compared to $5.62 three years ago. Forward 12M Revenue is expected to grow by 1.37% over the next 12 months and the stock is trading with a Forward 12M P/E of 25.47.

MORE FROM FORBESMotorola Solutions (MSI)

Amgen Inc (AMGN)

Amgen Inc is our next Top Quality Value Stock. The company is a leader in biotechnology-based human therapeutics, with historical expertise in renal disease and cancer supportive-care products. Amgen is rated Neutral this month and our AI systems rated the company C in Technicals, D in Growth, C in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.72% to $239.79 on volume of 1,842,989 vs its 10-day price average of $244.2 and its 22-day price average of $244.96, and the stock is up 7.33% for the year. Revenue grew by 5.97% over the last three fiscal years. Revenue was $25424.0M in the last fiscal year compared to $23747.0M three years ago, Operating Income was $9328.0M in the last fiscal year compared to $10551.0M three years ago, while EPS was $12.31 in the last fiscal year compared to $12.62 three years ago. ROE was 76.13% in the last year, which compares to 44.48% three years ago. Forward 12M Revenue is expected to grow by 1.76% over the next 12 months and the stock is trading with a Forward 12M P/E of 14.59.

MORE FROM FORBESAmgen (AMGN)

Stryker Corp (SYK)

Amgen Inc is our next Top Quality Value Stock. The company Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, and spinal devices. Stryker is rated Top Buy this month and our AI systems rated the company D in Technicals, B in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.32% to $270.07 on volume of 1,123,933 vs its 10-day price average of $264.64 and its 22-day price average of $262.93, and the stock is up 13.56% for the year. Revenue grew by 13.2% in the last fiscal year and grew by 19.45% over the last three fiscal years, Operating Income grew by 25.25% in the last fiscal year and grew by 27.37% over the last three fiscal years, while EPS grew by 29.92% in the last fiscal year. Revenue was $14351.0M in the last fiscal year compared to $13601.0M three years ago, Operating Income was $2943.0M in the last fiscal year compared to $2894.0M three years ago, and EPS was $4.2 in the last fiscal year compared to $9.34 three years ago. ROE was 12.35% in the last year, which compares to 32.73% three years ago. Forward 12M Revenue is expected to grow by 3.47% over the next 12 months and the stock is trading with a Forward 12M P/E of 27.13.

MORE FROM FORBESStryker (SYK)

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