Top Stocks To Buy This Month Amid Optimistic Markets

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March was a very eventful month. In keeping with the 2021 pattern, it started off red hot, saw volatility and uncertainty, and ended decently. April, thus far, is showing the same type of trend. The Dow and S&P are each hovering around record highs, and tech stocks have staged a furious comeback. We will see what happens the rest of this month and if a similar pattern occurs. For now, bond yields are stable, inflation indicators may be tamer than expected, and the vaccine administration is pumping up into overdrive. If Q1 has taught us anything, though, diversification is king. Our Artificial Intelligence (“AI”) algorithms at Q.ai have identified some standout stocks to consider for this month to help you out with this. Our AI systems have picked three Top Tech Stocks, three Top Consumer Stocks, three Top Quality Value Stocks, and three Top Growth Stocks.   

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Top Tech Stocks

Netflix (NFLX)

Netflix is our first Top Tech Stock. The streaming media giant was a major winner last year, and could have a strong year full of fresh content. However, despite claiming that it will provide weekly original movies in 2021, Netflix lost nearly 1 billion hours worth of content after many of its licensing contracts expired. Our AI systems rated Netflix C in Technicals, A in Growth, B in Low Volatility Momentum, and D in Quality Value. The stock closed up 0.71% to $544.53 on volume of 3,474,205 vs its 10-day price average of $524.04 and its 22-day price average of $518.68, and is up 4.14% for the year. Revenue was $24996.06M in the last fiscal year compared to $15794.34M three years ago, Operating Income was $4585.29M in the last fiscal year compared to $1605.23M three years ago, EPS was $6.08 in the last fiscal year compared to $2.68 three years ago, and ROE was 29.62% in the last year compared to 27.46% three years ago. The stock is also trading with a Forward 12M P/E of 54.82.

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Facebook (FB)

Facebook is our next Top Tech stock this month. Facebook seemingly can’t stay out of the news due to censorship controversies, as well as transparency and privacy issues. Facebook has also been in the news lately for a data leak affecting more than 500M users. However, it is still a big tech staple with a strong future outlook. Our AI systems rated Facebook C in Technicals, B in Growth, C in Low Volatility Momentum, and B in Quality Value. The stock closed down 0.86% to $306.26 on volume of 17,335,246 vs its 10-day price average of $292.17 and its 22-day price average of $282.43, and is up 13.88% for the year. Revenue was $85965.0M in the last fiscal year compared to $55838.0M three years ago, Operating Income was $32671.0M in the last fiscal year compared to to $24913.0M three years ago, EPS was $10.09 in the last fiscal year compared to $7.57 three years ago, and ROE was 25.42% in the last year compared to to 27.91% three years ago. The stock is also trading with a Forward 12M P/E of 27.48.

Kla Corp (KLAC)

Kla Corp is our final Top Tech stock. Kla Corp is involved in the semiconductor and related nano-electronics industries through the supply of process control and yield management solutions. Our AI systems rated the company C in Technicals, B in Growth, C in Low Volatility Momentum, and B in Quality Value. The stock closed down 2.39% to $346.6 on volume of 1,690,443 vs its 10-day price average of $322.51 and its 22-day price average of $307.11, and is up 33.51% for the year. Revenue grew by 4.59% in the last fiscal year and grew by 50.45% over the last three fiscal years, Operating Income grew by 12.72% in the last fiscal year and grew by 28.84% over the last three fiscal years, and EPS grew by 13.55% in the last fiscal year and grew by 71.43% over the last three fiscal years. Revenue was $5806.42M in the last fiscal year compared to $4036.7M three years ago, Operating Income was $1757.02M in the last fiscal year compared to $1537.19M three years ago, EPS was $7.7 in the last fiscal year compared to $5.1 three years ago, and ROE was 45.35% in the last year compared to 54.45% three years ago. Forward 12M Revenue is expected to grow by 4.95% over the next 12 months, and the stock is trading with a Forward 12M P/E of 24.27.

Top Consumer Stocks

Nike Inc. (NKE)

Apparel giant Nike is our first Top Consumer Stock for the second straight month. Nike remains the world’s largest supplier of athletic shoes and apparel, and is the world’s most valuable brand among sports businesses. Our AI systems rated Nike D in Technicals, C in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed up 1.51% to $137.16 on volume of 4,669,011 vs its 10-day price average of $133.61 and its 22-day price average of $136.93, and is down 1.9% for the year. Revenue grew by 2.95% over the last three fiscal years and grew by 5.8% over the last three fiscal years, while Operating Income grew by 40.93% in the last fiscal year, and EPS grew by 33.69% in the last fiscal year and grew by 82.83% over the last three fiscal years. Revenue was $37403.0M in the last fiscal year compared to $36397.0M three years ago, Operating Income was $3115.0M in the last fiscal year compared to $4445.0M three years ago, EPS was $1.6 in the last fiscal year compared to $1.17 three years ago, and ROE was 29.7% in the last year compared to 17.4% three years ago. Forward 12M Revenue is expected to grow by 10.22% over the next 12 months, and the stock is trading with a Forward 12M P/E of 37.53.

General Motors Co (GM)

General Motors Co is also a Top Consumer Stock for the second month in a row. General Motors is one of the largest automakers in the world, and is best known for its four core automobile brands- Chevrolet, Buick, GMC, and Cadillac. It’s been in the news a lot lately for going all-in the electric vehicle boom. Our AI systems rated General Motors C in Technicals, B in Growth, C in Low Volatility Momentum, and B in Quality Value. The stock closed up 1.47% to $61.94 on volume of 39,366,048 vs its 10-day price average of $57.78 and its 22-day price average of $57.54, and is up 52.9% for the year. Revenue was $122485.0M in the last fiscal year compared to $147049.0M three years ago, Operating Income was $8559.0M in the last fiscal year compared to $6293.0M three years ago, EPS was $4.33 in the last fiscal year compared to $5.53 three years ago, and ROE was 13.22% in the last year compared to 20.45% three years ago. The stock is also trading with a Forward 12M P/E of 11.84.

Omnicom Group (OMC)

Omnicom Group Inc. is our final Top Consumer stock this month. Omnicom Group is a global media, marketing and corporate communications holding company, specializing in advertising, customer relationship management, public relations and specialty services. Our AI systems rated the company D in Technicals, D in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 1.9% to $77.58 on volume of 2,344,626 vs its 10-day price average of $75.64 and its 22-day price average of $76.1, and is up 28.61% for the year. Revenue was $13171.1M in the last fiscal year compared to $15290.2M three years ago, Operating Income was $1733.8M in the last fiscal year compared to $2047.2M three years ago, EPS was $4.37 in the last fiscal year compared to $5.83 three years ago, ROE was 27.71% in the last year compared to 43.09% three years ago. The stock is also trading with a Forward 12M P/E of 13.56.

Top Quality Value Stocks

Constellation Brands (STZ)

Constellation Brands is our first Top Quality Value Stock for yet another month. Constellation Brands is a producer and marketer of beer, wine, and spirits, and is the largest beer import company in the US. It also has the third-largest market share of all major beer suppliers. Our AI systems rated Constellation Brands A in Technicals, F in Growth, C in Low Volatility Momentum, and A in Quality Value. The stock closed up 2.61% to $236.3 on volume of 1,162,824 vs its 10-day price average of $231.94 and its 22-day price average of $229.96, and is up 9.38% for the year. Revenue grew by 2.65% in the last fiscal year and grew by 12.99% over the last three fiscal years, Operating Income grew by 8.99% in the last fiscal year and grew by 18.91% over the last three fiscal years, and EPS grew by -16934.08% in the last fiscal year. Revenue was $8343.5M in the last fiscal year compared to $7580.3M three years ago, Operating Income was $2716.6M in the last fiscal year compared to $2490.0M three years ago, EPS was $(0.06) in the last fiscal year compared to $11.47 three years ago, and ROE was 0.17% in the last year compared to 31.13% three years ago. The stock is also trading with a Forward 12M P/E of 23.93.

Adobe Inc (ADBE)

Adobe Inc. is our next Top Quality Value Stock. Long an industry leader in creative multimedia and software products, Adobe has now diversified into cloud computing and digital marketing as well. Adobe appears to be at the forefront of tech, business, and innovation, and could have a bright future ahead. Our AI systems rated Adobe C in Technicals, B in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.06% to $491.34 on volume of 1,878,330 vs its 10-day price average of $470.82 and its 22-day price average of $455.64, and is up 1.24% for the year. Revenue was $12868.0M in the last fiscal year compared to $9030.01M three years ago, Operating Income was $4237.0M in the last fiscal year compared to $2840.37M three years ago, EPS was $10.83 in the last fiscal year compared to $5.2 three years ago, and ROE was 44.21% in the last year compared to 29.08% three years ago. Forward 12M Revenue is expected to grow by 2.33% over the next 12 months, and the stock is trading with a Forward 12M P/E of 40.9.

Abbvie Inc (ABBV) 

Abbvie Inc is our final Top Quality Value Stock for this month. Abbvie is a spin-off of Abbott Laboratories,  is a biopharmaceutical research company. Our AI systems rated the company F in Technicals, C in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.72% to $105.38 on volume of 8,241,792 vs its 10-day price average of $105.95 and its 22-day price average of $106.48, and is up 1.13% for the year. Revenue was $45804.0M in the last fiscal year compared to $32753.0M three years ago, Operating Income was $15699.0M in the last fiscal year compared to $11923.0M three years ago, EPS was $2.72 in the last fiscal year compared to $3.66 three years ago, and ROE was 187.7% in the last year. The stock is also trading with a Forward 12M P/E of 8.49.

Top Growth Stocks

Tesla Inc (TSLA)

Elon Musk’s electric vehicle juggernaut Tesla is our first Top Growth Stock. In spite of recent volatility, Tesla remains the face of EVs and the most valuable automobile maker in the world in terms of market cap. Our AI systems rated Tesla D in Technicals, A in Growth, F in Low Volatility Momentum, and C in Quality Value. The stock closed up 0.08% to $691.62 on volume of 28,271,839 vs its 10-day price average of $651.08 and its 22-day price average of $657.79, and is down 5.23% for the year. Revenue was $31536.0M in the last fiscal year compared to $21461.0M three years ago, Operating Income was $1951.0M in the last fiscal year compared to $(253.0)M three years ago, EPS was $0.64 in the last fiscal year compared to $(1.14) three years ago, and ROE was 5.42% in the last year compared to (17.8%) three years ago. The stock is also trading with a Forward 12M P/E of 164.61.

Progyny Inc (PGNY)

Our second Top Growth stock this month is Progyny Inc. Progyny Inc is a leading U.S. fertility benefits management company. Our AI systems rated the company D in Technicals, A in Growth, F in Low Volatility Momentum, and C in Quality Value. The stock closed down 0.54% to $45.86 on volume of 681,580 vs its 10-day price average of $45.33 and its 22-day price average of $45.96, and is up 6.8% for the year. Revenue was $344.86M in the last fiscal year compared to $105.4M three years ago, Operating Income was $17.67M in the last fiscal year compared to $(3.45)M three years ago, EPS was $0.47 in the last fiscal year compared to $0.04 three years ago, and ROE was 33.04% in the last year compared to (46.91%) three years ago. The stock is also trading with a Forward 12M P/E of 105.83.

Penumbra Inc (PEN) 

Penumbra Inc is our final Top Growth Stock for the month. The company is a medical device company that manufactures devices for interventional therapies to treat vascular conditions such as stroke and aneurysms. Our AI systems rated Penumbra F in Technicals, A in Growth, D in Low Volatility Momentum, and D in Quality Value. The stock closed down 0.5% to $274.04 on volume of 295,886 vs its 10-day price average of $266.85 and its 22-day price average of $271.51, and is up 56.06% for the year. Revenue was $560.41M in the last fiscal year compared to $444.94M three years ago, Operating Income was $(18.04)M in the last fiscal year compared to $29.98M three years ago, EPS was $(0.44) in the last fiscal year compared to $0.18 three years ago, and ROE was (3.43%) in the last year compared to 0.71% three years ago. 

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