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Target And Lowe’s Among Stocks Rated Top Buy Today

After jitters from the Delta Variant caused the worst sell-off in months to kick off last week, the major indices ended the week at record highs and with more gains and resiliency. However, to kick off the final week in June and arguably the quarter’s most significant tech earnings week, stocks fell mildly. The Hang Seng Index in Hong Kong plummeted 4%, and the ripple effects were felt elsewhere in the world. Tesla
TSLA
is set to report earnings after the close. Other tech giants like Apple
AAPL
, Alphabet, Microsoft
MSFT
, Facebook, and Amazon
AMZN
are also set to announce earnings this week. The Dow Jones fell 30 points, the S&P lost 0.1%, and the Nasdaq
NDAQ
slid 0.2%. 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 and on our list for the second day in a row. 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 D in Technicals, D in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed up 2.07% to $200.84 on volume of 3,358,116 vs its 10-day price average of $195.42 and its 22-day price average of $194.61, and is up 25.23% for the year. Revenue grew by 5.3% in the last fiscal year and grew by 32.3% over the last three fiscal years, Operating Income grew by 11.51% in the last fiscal year and grew by 144.39% over the last three fiscal years, and EPS grew by 18.29% in the last fiscal year and grew by 222.8% 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 18.59.

Nortonlifelock Inc (NLOK) 

Nortonlifelock Inc is our next Top Buy today. Formerly known as Symantec
NLOK
, NortonLifeLock Inc. is a software company that provides cybersecurity software and services. Our AI systems rated the company C in Technicals, B in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.27% to $25.78 on volume of 2,333,891 vs its 10-day price average of $26.22 and its 22-day price average of $26.83, and is up 24.12% for the year. Revenue was $2551.0M in the last fiscal year compared to $2456.0M three years ago, Operating Income was $1083.0M in the last fiscal year compared to $379.0M three years ago, EPS was $0.92 in the last fiscal year compared to $0.05 three years ago, and ROE was (2.04%) three years ago. The stock is also trading with a Forward 12M P/E of 15.07. 

MORE FROM FORBESSymantec (NLOK)

Penske Automotive Group Inc (PAG)

Penske Automotive Group
PAG
 is today’s next Top Buy. Penske Automotive Group is a transportation services company that operates automotive and commercial truck dealerships in the U.S, Canada, and Western Europe. It also distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services in Australia and New Zealand. Our AI systems rated the company D in Technicals, B in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 0.6% to $81.45 on volume of 283,839 vs its 10-day price average of $79.59 and its 22-day price average of $77.51, and is up 41.73% for the year. Revenue grew by 3.74% in the last fiscal year, Operating Income grew by 17.73% in the last fiscal year and grew by 13.05% over the last three fiscal years, EPS grew by 24.14% in the last fiscal year and grew by 51.52% over the last three fiscal years. Revenue was $20443.9M in the last fiscal year compared to $22785.1M three years ago, Operating Income was $638.5M in the last fiscal year compared to $664.9M three years ago, EPS was $6.74 in the last fiscal year compared to $5.53 three years ago, and ROE was 17.76% in the last year compared to 18.56% three years ago. Forward 12M Revenue is expected to grow by 1.27% over the next 12 months, and the stock is trading with a Forward 12M P/E of 6.61.

MORE FROM FORBESPenske Automotive (PAG)

Schneider National Inc (SNDR)

Schneider National
SNDR
is our fourth 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 D in Technicals, B in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed up 1.76% to $21.37 on volume of 467,828 vs its 10-day price average of $21.31 and its 22-day price average of $21.55, and is up 4.45% 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 1.81% over the next 12 months, and the stock is trading with a Forward 12M P/E of 12.18.

MORE FROM FORBESSchneider National (SNDR)

Target Corp (TGT)

Target
TGT
is our final Top Buy today. While not as large in size and scale as similar retailers such as Walmart
WMT
, Target is still a very successful retailer in its own right as the 8th largest retailer in the entire US. Our AI systems rated Target C in Technicals, B in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed up 1.56% to $261.03 on volume of 2,016,914 vs its 10-day price average of $254.16 and its 22-day price average of $248.38, and is up 46.95% for the year. Revenue grew by 4.9% in the last fiscal year and grew by 30.24% over the last three fiscal years, Operating Income grew by 25.73% in the last fiscal year and grew by 96.55% over the last three fiscal years, and EPS grew by 41.75% in the last fiscal year and grew by 122.15% over the last three fiscal years. Revenue was $93561.0M in the last fiscal year compared to $75356.0M three years ago, Operating Income was $6608.0M in the last fiscal year compared to $4227.0M three years ago, EPS was $8.64 in the last fiscal year compared to $5.51 three years ago, and ROE was 33.25% in the last year compared to 25.54% three years ago. The stock is also trading with a Forward 12M P/E of 22.31.

MORE FROM FORBESTarget (TGT)

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