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Netflix Among Top Trending Stocks Rated “Attractive” By AI Models

Markets ended the week Friday in the green, amidst a week of choppy trading and mixed sentiment. While jobless claims disappointed, retail sales and early earnings reports impressed. Stocks ended the week with their fourth weekly gain in a row, mostly led by large-cap stocks while small-caps lagged. Stocks are almost going through a tug of war right now between dimming hopes of a stimulus, COVID fears, and election worries, versus positive economic data, strong earnings reports, and positive vaccine news. The markets have a big week coming up as roaring stocks such as Netflix, Tesla, and Chipotle report earnings. Other big economic reports of interest this week include the latest reports on the housing market, the Conference Board’s leading economic index, and the IHS Markit update on manufacturing and services purchasing managers’ indexes. Markets are officially on a hot streak to open up October after a tumultuous September. However, there are still things to be mindful of- markets could truly go one way or another over the course of the next few weeks. The deep learning algorithms at Q.ai have used Artificial Intelligence (“AI”) technology to rate ten Trending Stocks this week.

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Attractive

Six of our trending stocks were identified as Attractive this week.

Netflix (NFLX)

Netflix is our first Attractive rated stock for the week. The streaming media giant has outperformed anyone’s wildest expectations this year, and has been one of the biggest winners during the pandemic as movie theaters shutter and people stay at home. Our AI systems have rated Netflix D in Technical, A in Growth, B in Low Volatility Momentum, and C in Quality Value. The stock closed down 2.06% to $530.79 on volume of 6,347,363 vs its 10-day price average of $534.05 and its 22-day price average of $509.11, and is up 60.94% for the year. Revenue grew by 12.26% in the last fiscal year and grew by 93.52% over the last three fiscal years, Operating Income grew by 44.18% in the last fiscal year and grew by 347.72% over the last three fiscal years, and EPS grew by 43.38% in the last fiscal year and grew by 373.73% over the last three fiscal years. Revenue was $20156.45M in the last fiscal year compared to $11692.71M three years ago, Operating Income was $2604.25M in the last fiscal year compared to $838.68M three years ago, EPS was $4.13 in the last fiscal year compared to $1.25 three years ago, and ROE was 29.12% in the last year compared to 17.85% three years ago. Forward 12M Revenue is expected to grow by 8.74% over the next 12 months, and the stock is trading with a Forward 12M P/E of 69.16.

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Facebook Inc (FB)

Social media mega conglomerate Facebook is next on our list of trending Attractive rated stocks for the second week in a row. The company, despite its flaws and controversies, has a lot of enticing things to offer as a stock. Our AI systems have rated Facebook D in Technical, B in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed down 0.3% to $265.93 on volume of 16,622,702 vs its 10-day price average of $266.6 and its 22-day price average of $260.76, and is up 26.77% for the year. Revenue grew by 6.31% in the last fiscal year and grew by 84.87% over the last three fiscal years, Operating Income grew by 16.31% in the last fiscal year and grew by 38.09% over the last three fiscal years, and EPS grew by 27.18% in the last fiscal year and grew by 51.71% over the last three fiscal years. Revenue was $70697.0M in the last fiscal year compared to $40653.0M three years ago, Operating Income was $23986.0M in the last fiscal year compared to $20203.0M three years ago, EPS was $6.43 in the last fiscal year compared to $5.39 three years ago, and ROE was 19.96% in the last year compared to 23.86% three years ago. Forward 12M Revenue is expected to grow by 11.13% over the next 12 months, and the stock trading with a Forward 12M P/E of 29.74.

Microsoft (MSFT)

Microsoft is our third Attractive stock for this week. Microsoft is a strong and stable company, with outstanding financials. They have been a tried and true staple in tech for decades, and continue to build, grow, and innovate. Our AI systems rated Microsoft, a C in Technical, C in Growth, A in Low Volatility Momentum, and B in Quality Value. Microsoft closed flat at $219.66 on volume of 26,057,882 vs its 10-day price average of $215.7 and its 22-day price average of $210.34, and is up 37.84% for the year. Revenue was $143015.0M in the last fiscal year compared to $110360.0M three years ago, Operating Income was $52959.0M in the last fiscal year compared to $35058.0M three years ago, EPS was $5.76 in the last fiscal year compared to $2.13 three years ago, and ROE was 40.14% in the last year compared to 19.45% three years ago. The stock is also trading with a Forward 12M P/E of 34.04.

Morgan Stanley (MS)

As investment banking stocks crush earnings, Morgan Stanley is our next Attractive stock of the week. Financial stocks have underperformed this year, however, other financial stocks like Morgan Stanley have benefited greatly from an influx of new investors. With new strategies and recent acquisitions of E-Trade and Eaton Vance, Morgan Stanley is looking to become the number 1 player in the investment bank and retail trading space. Our AI systems rated Morgan Stanley B in Technical, B in Growth, C in Low Volatility Momentum, and D in Quality Value. The stock closed up 1.01% to $51.85 on volume of 16,908,565 vs its 10-day price average of $49.79 and its 22-day price average of $48.79, and is up 1.87% for the year. Revenue grew by 9.65% in the last fiscal year and grew by 19.69% over the last three fiscal years, Operating Income grew by 14.16% in the last fiscal year and grew by 23.57% over the last three fiscal years, and EPS grew by 13.99% in the last fiscal year and grew by 92.73% over the last three fiscal years. Revenue was $41419.0M in the last fiscal year compared to $37945.0M three years ago, Operating Income was $13842.0M in the last fiscal year compared to $12788.0M three years ago, EPS was $5.19 in the last fiscal year compared to $3.07 three years ago, and ROE was 11.26% in the last year compared to 8.01% three years ago. The stock is trading with a Forward 12M P/E of 10.32.

Johnson & Johnson (JNJ)

Despite suffering some setbacks in the clinical trial for its COVID-19 vaccine, Johnson & Johnson is our fifth Attractive trending stock of the week. Long considered a blue chip strong dividend payer, the consumer goods and pharma company has been rated C in Technical, B in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.62% to $148.1 on volume of 6,096,978 vs its 10-day price average of $148.58 and its 22-day price average of $147.4, and is up 3.52% for the year. Revenue grew by 5.76% over the last three fiscal years, Operating Income grew by 6.81% over the last three fiscal years, and EPS grew by 12.97% in the last fiscal year and grew by 1253.29% over the last three fiscal years. Revenue was $82059.0M in the last fiscal year compared to $76450.0M three years ago, Operating Income was $21070.0M in the last fiscal year compared to $18897.0M three years ago, EPS was $5.63 in the last fiscal year compared to $0.47 three years ago, and ROE was 25.36% in the last year compared to 1.99% three years ago. Forward 12M Revenue is expected to grow by 6.35% over the next 12 months, and the stock is trading with a Forward 12M P/E of 17.2.

Verizon Communications Inc (VZ)

Our final Attractive trending stock of the week is Verizon. Long considered a safe stock no matter what the conditions are, Verizon is a telecom behemoth and the largest wireless carrier in the USA. Our AI systems have rated Verizon D in Technical, C in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed down 0.19% to $58.05 on volume of 13,363,818 vs its 10-day price average of $58.89 and its 22-day price average of $58.91, and is down 0.74% for the year. Revenue grew by 2.93% over the last three fiscal years, while Operating Income grew by 7.98% over the last three fiscal years. Revenue was $131868.0M in the last fiscal year compared to $126034.0M three years ago, Operating Income was $31521.0M in the last fiscal year compared to $28673.0M three years ago, EPS was $4.65 in the last fiscal year compared to $7.36 three years ago, and ROE was 33.67% in the last year compared to 88.91% three years ago. Forward 12M Revenue is expected to grow by 1.84% over the next 12 months, and the stock is trading with a Forward 12M P/E of 11.95.

Neutral Rated

Our systems have identified three Neutral rated trending stocks this week. 

Pfizer Inc (PFE)

Pfizer is our first neutral rated stock of the week. The pharmaceutical company has been in the news a lot lately as it looks to fast track emergency FDA approval for its COVID-19 vaccine. At the earliest, according to Pfizer, the vaccine will be ready for limited distribution by Thanksgiving. Our AI systems rated Pfizer D in Technical, D in Growth, A in Low Volatility Momentum, and C in Quality Value. The stock closed up 3.83% to $37.95 on volume of 40,728,374 vs its 10-day price average of $36.81 and its 22-day price average of $36.53, and is down 0.08% for the year. Revenue was $51750.0M in the last fiscal year compared to $52546.0M three years ago, Operating Income was $15042.0M in the last fiscal year compared to $14711.0M three years ago, EPS was $2.87 in the last fiscal year compared to $3.52 three years ago, and ROE was 25.62% in the last year compared to 32.48% three years ago. The stock is also trading with a Forward 12M P/E of 13.01.

Gartner Inc (IT)

IT service management company Gartner Inc. is our second Neutral stock of the week. The company, which provides services to clients in fields ranging from IT and Finance to HR and customer service, has been rated C in Technical, D in Growth, C in Low Volatility Momentum, and A in Quality Value by our AI systems. The stock closed up 0.37% to $130.07 on volume of 465,812 vs its 10-day price average of $126.83 and its 22-day price average of $126.61, and is down 16.64% for the year. Revenue grew by 26.71% over the last three fiscal years, Operating Income grew by 15.96% in the last fiscal year and grew by 190.32% over the last three fiscal years, and EPS grew by 3.46% in the last fiscal year, and grew by 7045.67% over the last three fiscal years. Revenue was $4245.32M in the last fiscal year compared to $3311.49M three years ago, Operating Income was $378.98M in the last fiscal year compared to $151.37M three years ago, EPS was $2.56 in the last fiscal year compared to $0.04 three years ago, and ROE was 26.08% in the last year compared to 0.63% three years ago. Forward 12M Revenue is expected to grow by 2.12% over the next 12 months, and the stock is trading with a Forward 12M P/E of 49.41.

Wells Fargo & Co (WFC)

Our final Neutral trending stock of the week is Wells Fargo. Wells Fargo, which is the world’s fourth-largest bank by market cap and the fourth largest bank in the US by total assets, has had a difficult year amidst controversies and economic headwinds. Our AI systems have rated Wells Fargo B in Technical, F in Growth, C in Low Volatility Momentum, and C in Quality Value. The stock closed down 0.39% to $22.86 on volume of 43,097,912 vs its 10-day price average of $24.35 and its 22-day price average of $24.06, and is down 55.97% for the year. Revenue was $82458.0M in the last fiscal year compared to $85989.0M three years ago, Operating Income was $25097.0M in the last fiscal year compared to $29816.0M three years ago, EPS was $4.05 in the last fiscal year compared to $4.1 three years ago, and ROE was 10.41% in the last year compared to 10.99% three years ago. The stock is also trading with a Forward 12M P/E of 11.97.

Unattractive

Only one of our Top Trending Stocks was identified as Unattractive this week. 

Boeing Co (BA)

For the second week in a row, global airplane manufacturing giant Boeing is rated Unattractive. Boeing, and the air transportation industry as a whole, has had a very rough 2020, with even choppier waters on the horizon. Our AI systems gave Boeing ratings of C in Technical, D in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed up 1.89% to $167.35 on volume of 31,821,583 vs its 10-day price average of $165.5 and its 22-day price average of $162.77, and is down 49.49% for the year. Revenue was $76559.0M in the last fiscal year compared to $94005.0M three years ago, Operating Income was $(2102.0)M in the last fiscal year compared to $10113.0M three years ago, EPS was $(1.12) in the last fiscal year compared to $13.85 three years ago, and ROE was 653.13% three years ago. Forward 12M Revenue is also expected to grow by 16.92% over the next 12 months.

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Source: Forbes – Money

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