The markets were down slightly this morning after a stellar performance yesterday, although some losses have been recovered. Investors would be keenly observing the second-quarter earnings season that is scheduled to begin next week. Several economic data points have also weighed on sentiment this morning. The industrial production data for Germany was weaker than expected and unemployment rates for OECD countries remain close to their 10-year highs. Amidst this uncertainty, our deep learning algorithms have parsed through the data and used Artificial Intelligence (“AI”) to help you spot the Top Buys for today.
Comcast Corp (CMCSA)
First on the list today is Comcast Corp, a global media and technology company cable services and entertainment content. Our AI technology has identified factor scores of rated C in Technical, B in Growth, A in Momentum Volatility, and B in Quality Value for the stock that is down 11.11% for the year. As or the financials, revenue grew by 27.83% over the last three fiscal years from $85029M to $108942M in the last fiscal year. Operating income grew by at a rate of 18.32% to $21125M in the last fiscal year from $17576M three years ago. EPS was down to $2.83 in the last fiscal year compared to $4.75 three years ago. ROE also fell to 16.8% last year from 35.7% three years ago. Forward 12M revenue is expected to remain almost flat clocking a growth rate of 0.88% over the next 12 months. The stock trades with a Forward 12M P/E of 17.24.
Cisco Systems Inc (CSCO)
Next on the buy list of top buys is Cisco Systems Inc (CSCO), a recognized name in the networking and information technology domain. The company provides infrastructure platforms and data center products that are designed to deliver networking capabilities, and transport and/or store data. Our AI has assigned factor scores of C in Technical, B in Growth, A in Momentum Volatility, and A in Quality Value for the stock that has lost 4.13% for the year. Revenue in the last fiscal year was $51904M growing by 5.35% from $48005M three years ago. Operating Income grew by 2.22% in the last fiscal year to $14162M, growing by 13.64% from $12739M three years ago. EPS grew by 3.45% to $2.61 in the last fiscal year, growing by 32.63% from $1.9 three years ago. ROE grew to 30.3% in the last year, compared to 14.8% three years ago. The stock is trading with a Forward 12M P/E of 15.22.
Factset Research Systems Inc (FDS)
Factset Research Systems Inc is back on our list of top buys, with factor scores of B in Technical, C in Growth, A in Momentum Volatility, and A in Quality Value. Factset is a portfolio analytics and financial reporting company aggregating data from 220 suppliers, 115 news sources, and 85 exchanges. The stock is up 26.06% for the year. Digging into the financials, revenue grew by 2.75% in the last fiscal year to $1435.4M, and grew by 20.77% over the last three fiscal years. Three years ago, the revenue was $1221.2M. Operating Income grew by 3.36% in the last fiscal year to $438M, but it did grow by 27.16% over the last three fiscal years from $356M. EPS was $9.08 in the last fiscal year, growing by 6.94% in a year. EPS registered a high growth rate of 49.16% over the last three fiscal years from $6.51. ROE was 58.9% last year, significantly better when compared to 48% three years ago. Forward 12M revenue is expected to grow by 3.02% over the next 12 months, and the stock is trading with a forward 12M P/E of 32.27.
Tesla Inc (TSLA)
Next on our list of Top Buy list is Tesla Inc, with factor scores of A in Technical, C in Growth, C in Momentum Volatility, and C in Quality Value. Tesla is one of the pioneers of electric vehicles with Elon Musk being one of our generation’s genius leaders. The company designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems. The stock is up 218.78% for the year as the company has added massive gains in the last few months. Looking at the financials, revenue grew by 5.88% in the last fiscal year to $24578M, growing significantly by 121.29% over the last three fiscal years from $11759M. Operating Income grew by 951.25% in the last fiscal year to $80M and grew by 151.53% from $(1632)M over the last three fiscal years. EPS was negative but grew by 83.54% to $(4.92) in the last fiscal year, compared to a growth of 93.38%% from $(11.81) three years ago. ROE too was negative but improved considerably to (10.7%) in the last year compared to (38.8%) three years ago. Revenue is expected to grow by 9.56% over the next 12 months and the stock is trading with a Forward 12M P/E of 234.37.
Xcel Energy Inc (XEL)
The final company in our list is Xcel Energy Inc. It is a company that generates, purchases, transmits, distributes, and sells electricity using coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. The stock is up 1.92% for the year and is expected to perform better in the near future. Our AI systems have identified factor scores of rated A in Technical, B in Growth, A in Momentum Volatility, and C in Quality Value. As for the financials, revenue grew to $11529M in the last fiscal year compared to $11404M three years ago. Operating Income was $2078M in the last fiscal year, marginally below the figure of $2104M three years ago. EPS was $2.64 in the last fiscal year, registering a growth of 15.11% when compared to $2.25 three years ago. ROE was 10.8% in the last year slightly above 10.2% that was observed three years ago. Forward 12M Revenue is expected to grow by 3.2% over the next 12 months. The share is trading at a Forward 12M P/E of 22.37.
Source: S&P Global Market Intelligence