Top Stocks To Buy Today As The Market Struggles To Find A Direction

Getty The market broke its losing streak on Wednesday. However, on Thursday, it struggled to

The market broke its losing streak on Wednesday. However, on Thursday, it struggled to build on the momentum. There are still fears that we’ve reached a market peak- as in peak earnings growth, peak economic data, and peak reopening optimism. The market traded roughly flat today as it struggled to find a direction, with the Dow Jones falling 110 points, the S&P 500 falling 0.1%, and the Nasdaq

NDAQ
trading flat. Jobless claims came in better than expected, and airline stocks, such as Southwest

CSWC
and American, led the way with a rosier than expected earnings reports and travel outlook. 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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Chipotle Mexican Grill Inc (CMG)

Chipotle Mexican Grill

CMG
is today’s first Top Buy. Chipotle is a chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in tacos and burritos made to order in front of the customer. Our AI systems rated the company B in Technicals, A in Growth, B in Low Volatility Momentum, and C in Quality Value. The stock closed down 1.6% to $1507.62 on volume of 503,143 vs its 10-day price average of $1531.65 and its 22-day price average of $1483.74, and is up 14.29% for the year. Revenue grew by 5.53% in the last fiscal year and grew by 29.81% over the last three fiscal years, Operating Income grew by 26.49% in the last fiscal year and grew by 17.54% over the last three fiscal years, and EPS grew by 14.0% in the last fiscal year and grew by 126.19% over the last three fiscal years. Revenue was $5984.63M in the last fiscal year compared to $4864.98M three years ago, Operating Income was $327.14M in the last fiscal year compared to $352.06M three years ago, EPS was $12.52 in the last fiscal year compared to $6.31 three years ago, and ROE was 19.21% in the last year compared to 12.58% three years ago. Forward 12M Revenue is expected to grow by 3.08% over the next 12 months, and the stock is also trading with a Forward 12M P/E of 57.11.

MORE FROM FORBESChipotle Mexican Grill (CMG)

Pcb Bancorp (PCB)

Pcb Bancorp is today’s second Top Buy. Pcb Bancorp operates as the bank holding company for regional bank Pacific City Bank. Our AI systems rated the company B in Growth, B in Low Volatility Momentum, and C in Quality Value. The stock closed up 0.49% to $14.34 on volume of 20,802 vs its 10-day price average of $14.62 and its 22-day price average of $14.95, and is up 42.97% for the year. Revenue was $64.71M in the last fiscal year compared to $74.97M three years ago, Operating Income was $23.06M in the last fiscal year compared to $34.74M three years ago, EPS was $1.04 in the last fiscal year compared to $1.65 three years ago, and ROE was 7.02% in the last year compared to 13.79% three years ago. The stock is also trading with a Forward 12M P/E of 10.0. 

MORE FROM FORBESPcb Bancorp (PCB)

Centene Corp (CNC)

Centene Corp

CNC
 
is our third Top Buy today. The company is a healthcare insurer focused on managed care for uninsured, underinsured, and low-income individuals. It’s a multi-line managed care enterprise that serves as a major intermediary for both government-sponsored and privately insured health care programs. Our AI systems rated Centene A in Technicals, A in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed up 0.09% to $65.49 on volume of 1,793,791 vs its 10-day price average of $63.69 and its 22-day price average of $63.98, and is up 5.48% for the year. Revenue was $104176.0M in the last fiscal year compared to $56688.0M three years ago, Operating Income was $4110.0M in the last fiscal year compared to $2132.0M three years ago, EPS was $3.12 in the last fiscal year compared to $2.26 three years ago, and ROE was 9.28% in the last year compared to 9.99% three years ago. The stock is also trading with a Forward 12M P/E of 12.54. 

MORE FROM FORBESCentene (CNC)

Rent-A-Center Inc (RCII)

Rent-A-Center Inc is our final Top Buy today. Rent-A-Center Inc is a furniture and electronics rent-to-own company. Our AI systems rated the company C in Technicals, C in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed up 2.12% to $54.86 on volume of 419,123 vs its 10-day price average of $56.7 and its 22-day price average of $57.22, and is up 44.6% for the year. Revenue was $2814.19M in the last fiscal year compared to $2660.46M three years ago, Operating Income was $272.85M in the last fiscal year compared to $97.74M three years ago, EPS was $3.73 in the last fiscal year compared to $0.16 three years ago, ROE was 39.6% in the last year compared to 3.04% three years ago. The stock is also trading with a Forward 12M P/E of 10.3

7.

MORE FROM FORBESRent-A-Center (RCII)

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