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Top Trending Stock AT&T Earns Top Buy Rating This Week

The indices started Friday in the green, on pace to have their first positive week in three. However, they all closed in the red after the bell on Friday, leading to the third down week in a row- the longest weekly losing streak since last year. On Friday, the Dow dropped almost 250 pts, or 0.9%, and both the S&P 500 and Nasdaq fell 1.1%. The S&P also closed at its lowest level of the month after hitting an all-time high September 2nd. All week long, investors weighed optimism on some big M&A moves with Gilead purchasing Immunomedics and Nvidia purchasing Softbank’s Arm, as well as cautious vaccine optimism, with negative uncertainty and relative apathy on the Fed’s announcement that interest rates would hold steady through 2023. Investors showed serious doubts after the Fed’s announcement on increased stimulus, further doubts that the Fed’s monetary policy can continue to be effective, and even further doubts that the Fed can meet its inflation objective. Only time will tell what will happen in the markets this week, but we are set to embark on a very interesting period in the economic recovery and potential second wave of Covid. The deep learning algorithms at Q.ai have used Artificial Intelligence (“AI”) technology and rated some Trending Stocks this week.

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Top Buy

AT&T Inc (T)

The lone Top Buy that our AI systems identified this week is Telecom giant AT&T. Long loved by dividend investors, what AT&T lacks in returns and growth, it provides in stability and stable income streams. Although the company has not given investors significant yields, it is trading at a very cheap value, and provides opportunities. Our deep learning algorithms have identified factor scores of B in Technical, B in Growth, B in Momentum Volatility, and B in Quality Value. The stock closed down 0.48% to $28.93 on volume of 45,843,296 vs its 10-day price average of $29.17 and its 22-day price average of $29.51, and is down 21.9% for the year. AT&T’s revenue grew by 9.09% over the last three fiscal years, and Operating Income grew by 5.67% in the last fiscal year and by 22.16% over the last three fiscal years. Revenue was $181193.0M in the last fiscal year compared to $160546.0M three years ago, Operating Income was $27741.0M in the last fiscal year compared to $23995.0M three years ago, EPS was $1.89 in the last fiscal year compared to $4.77 three years ago, and ROE was 7.57% in the last year compared to 22.43% three years ago. Forward 12M Revenue is also expected to grow by 1.13% over the next 12 months, and the stock is trading with a Forward 12M P/E of 9.23.

Attractive

Four trending stocks were identified as attractive this week.

Netflix Inc (NFLX), Facebook Inc (FB)

For the second week in a row, our AI systems rated both Netflix and Facebook as Attractive. The two FAANG have had extremely strong years, with Netflix gaining 42.49% for the year and Facebook gaining 20.38% for the year. Our AI systems have also identified factor scores D in Technical, A in Growth, B in Momentum Volatility, C in Quality Value for Netflix, and factor scores of D in Technical, B in Growth, B in Momentum Volatility, B in Quality Value for Facebook. Netflix closed down 0.05% to $469.96 on volume of 6,680,322 vs its 10-day price average of $488.22 and its 22-day price average of $504.49, and Facebook closed down 0.9% to $252.53 on volume of 28,020,655 vs its 10-day price average of $267.18 and its 22-day price average of $277.07. Netflix’s financials are as follows: 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. ROE was also 29.12% in the last year compared to 17.85% three years ago, and Forward 12M Revenue is expected to grow by 8.6% over the next 12 months. The stock is currently trading with a Forward 12M P/E of 61.78. Facebook’s financials are as follows: 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. ROE was also 19.96% in the last year vs 23.86% three years ago, and Forward 12M Revenue is expected to grow by 11.13% over the next 12 months. The stock is currently trading with a Forward 12M P/E of 28.32.

Microsoft (MSFT), Intl Business Machines Corp (IBM)

Microsoft, yet again, is rated as Attractive, but IBM has now joined the club. Both are old school tried and true big tech names that have been at the forefront of the computing industry for decades now and have continuously evolved and innovated to keep up with the times. While Microsoft has consistently outperformed IBM over the last several years, IBM is at a point where it is trading at an attractive value with upside potential. Our AI systems rated Microsoft, a C in Technical, C in Growth, A in Momentum Volatility, and B in Quality Value, and rated IBM a C in Technical, C in Growth, B in Momentum Volatility, C in Quality Value. While Microsoft closed down 1.24% to $200.39 on volume of 54,893,550 vs its 10-day price average of $206.01 and its 22-day price average of $213.91, IBM closed down 1.73% to $122.76 on volume of 5,389,642 vs its 10-day price average of $122.42 and its 22-day price average of $123.54. Reflecting the recent trend of their respective stock performances, Microsoft is up 25.75% for the year while IBM is down 5.95% for the year. Microsoft’s financials are as follows: 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 31.07. For IBM, their financials look like so: Revenue was $77147.0M in the last fiscal year compared to $79139.0M three years ago, Operating Income was $10785.0M in the last fiscal year compared to $11682.0M three years ago, EPS was $10.57 in the last fiscal year compared to $6.14 three years ago, and ROE was 49.77% in the last year compared to 31.89% three years ago. Forward 12M Revenue is expected to grow by 0.75% over the next 12 months, and the stock is trading with a Forward 12M P/E of 10.51.

Neutral Rated

Our systems have identified four neutral stocks this week. trending stocks were identified as neutral

Intel Corp (INTC), Nvidia (NVDA)

The two Neutral stocks this week are chipmaking giants Intel and Nvidia. While Intel has had a very up and down year, and has struggled at times, Nvidia has surged, yet is trading at such a level now, where there are concerns of overheating. Our AI systems scored Intel with ratings ofD in Technical, C in Growth, C in Momentum Volatility, C in Quality Value, while Nvidia’s was scored with ratings of D in Technical, B in Growth, C in Momentum Volatility, and B in Quality Value. While Intel’s stock closed down 0.85% to $49.89 on volume of 49,513,946 vs its 10-day price average of $49.68 and its 22-day price average of $49.82, Nvidia’s stock closed down closed down 2.2% to $487.57 on volume of 17,382,469 vs its 10-day price average of $499.03 and its 22-day price average of $509.57. Despite Intel outperforming Nvidia yesterday, and showing more stability during the week, their years show starkly different performances. While Intel is down 16.57% for the year, Nvidia is up 103.51% for the year. Intel’s financials are as follows: Revenue was $71965.0M in the last fiscal year compared to $62761.0M three years ago, Operating Income was $22428.0M in the last fiscal year compared to $18434.0M three years ago, EPS was $4.71 in the last fiscal year compared to $1.99 three years ago, and ROE was 27.68% in the last year compared to 14.2% three years ago. The stock is also trading with a Forward 12M P/E of 11.53. Nvidia’s finances compare to Intel’s like so: Revenue was $10918.0M in the last fiscal year compared to $9714.0M three years ago, Operating Income was $2846.0M in the last fiscal year compared to $3210.0M three years ago, EPS was $4.52 in the last fiscal year compared to $4.82 three years ago, and ROE was 25.95% in the last year compared to 46.05% three years ago. Forward 12M Revenue is also expected to grow by 11.18% over the next 12 months, while the stock is trading with a Forward 12M P/E of 48.78.

Gilead Sciences (GILD), Pfizer (PFE)

The next two Neutral stocks are pharma staples Gilead Sciences and Pfizer. Both have had interesting years due to Covid. While Gilead was one of the early Covid winners due to the success of their Remdesivir treatment, their stock has largely been stagnant this summer. While Pfizer had some rough times earlier this summer, their stock has performed strongly recently due to optimism on their vaccine progress. Over the course of the entire year, however, both have had comparable performances, and are relatively flat. While Gilead is up 2.7% for the year, Pfizer is down down 3.55% for the year. Our AI systems rated Gilead with scores of D in Technical, C in Growth, B in Momentum Volatility, C in Quality Value, and Pfizer D in Technical, D in Growth, A in Momentum Volatility, and C in Quality Value. Gilead’s financials are as follows: Revenue was $22449.0M in the last fiscal year compared to $26107.0M three years ago, Operating Income was $5087.0M in the last fiscal year compared to $14124.0M three years ago, EPS was $4.22 in the last fiscal year compared to $3.51 three years ago, and ROE was 24.28% in the last year compared to 23.3% three years ago. Forward 12M Revenue is also expected to grow by 3.36% over the next 12 months, and the stock is trading with a Forward 12M P/E of 8.41. Pfizer’s financials are as follows: 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 currently trading with a Forward 12M P/E of 12.46.

Unattractive

Three stocks were identified as unattractive. Two are in the transportation/manufacturing space, and are on this list for the second week in a row, while another is a footwear and apparel giant.

General Motors Co (GM)

Automobile manufacturer General Motors has been identified as Unattractive for the second week in a row. Our AI systems rated GM C in Technical, D in Growth, C in Momentum Volatility, and D in Quality Value. The stock closed down 1.32% to $31.5 on volume of 15,036,979 vs its 10-day price average of $31.29 and its 22-day price average of $30.39, and is down 15.73% for the year. Revenue was $137237.0M in the last fiscal year compared to $145588.0M three years ago, Operating Income was $6444.0M in the last fiscal year compared to $10150.0M three years ago, EPS was $4.57 in the last fiscal year compared to $(2.6) three years ago, and ROE was 15.03% in the last year compared to 0.82% three years ago. Forward 12M Revenue is expected to grow by 12.26% over the next 12 months, and the stock is trading with a Forward 12M P/E of 6.82.

Boeing Co (BA)

Airplane manufacturer Boeing, which has been absolutely crushed this year, has also been rated Unattractive for the second week in a row. Our AI systems gave Boeing ratings of C in Technical, D in Growth, D in Momentum Volatility, and F in Quality Value. The stock closed down 3.81% to $161.14 on volume of 22,017,181 vs its 10-day price average of $163.58 and its 22-day price average of $168.39, and is down 51.37% 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, and EPS was $(1.12) in the last fiscal year compared to $13.85 three years ago. Forward 12M Revenue is also expected to grow by 16.57% over the next 12 months.

Nike Inc (NKE)

The final stock on our Unattractive list is apparel and footwear giant Nike. Although Nike was expected to be super affected by Covid and relations with China, they have actually performed decently this year. Our AI systems have given them scores of C in Technical, D in Growth, C in Momentum Volatility, amd D in Quality Value. The stock closed down 1.46% to $114.66 on volume of 12,870,027 vs its 10-day price average of $116.1 and its 22-day price average of $113.63, however, it is up 13.02% for the year. 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. The stock is currently trading with a Forward 12M P/E of 46.77.

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