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Cavco Industries Inc Ranked Among Today’s Top Buys

Stocks were mixed this morning, with the three major indices trading flat after an unexpected rise in jobless claims this morning. The Labor Department noted that 419,000 people filed claims, higher than the 350,000 that was expected, which caused some concern on whether this economy can continue going at a dizzying pace or if the rebound is slowing. The 10-year Treasury note continues to solidify at 1.275% after a scare earlier in the week, however, indicating that economic growth should be stable to positive going forward. We are now in the throws of earnings season, and we got some reopening trade stocks announcing this morning with American Airlines
AAL
, Southwest Airlines
LUV
, and Union Pacific
UNP
. The airlines were flying higher this morning after posting profits and expecting demand to increase, while the railway was also higher after some impressive second-quarter net income of $1.8 billion, up from $1.1 billion last year during the same period. Thursday has just a few companies reporting their top and bottom lines, with Intel
INTC
, Twitter, Snap, and others set to report. 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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Cavco Industries Inc (CVCO) 

Cavco Industries Inc is today’s first Top Buy. The company designs and produces factory-built homes under the Cavco Homes, Fleetwood Homes, and Palm Harbor Homes brands. It also produces modular homes, park model homes, and vacation cabins, as well as commercial structures, among others. Our AI systems rated the company D in Technicals, B in Growth, B in Low Volatility Momentum, and A in Quality Value. The stock closed up 0.68% to $220.82 on volume of 27,478 vs its 10-day price average of $214.15 and its 22-day price average of $218.62, and is up 26.65% for the year. Revenue was $1108.05M in the last fiscal year compared to $962.75M three years ago, Operating Income was $88.09M in the last fiscal year compared to $80.69M three years ago, EPS was $8.25 in the last fiscal year compared to $7.4 three years ago. ROE was 11.87% in the last year, which compares to 13.91% three years ago and the stock is trading with a Forward 12M P/E of 24.53.

MORE FROM FORBESCavco Industries (CVCO)

Echo Global Logistics Inc (ECHO)

Echo Global Logistics Inc is our second Top Buy today. Echo Global is an asset-light third-party logistics provider specializing in domestic truckload and less-than-truckload brokerage. Our AI systems rated the company B in Technicals, A in Growth, C in Low Volatility Momentum, and C in Quality Value. The stock closed up 0.8% to $27.71 on volume of 116,478 vs its 10-day price average of $28.24 and its 22-day price average of $29.61, and is up 4.84% for the year. Revenue grew by 9.94% in the last fiscal year and grew by 13.18% over the last three fiscal years, Operating Income grew by 48.47% in the last fiscal year, while EPS grew by 81.03% in the last fiscal year and grew by 5.45% over the last three fiscal years. Revenue was $2511.52M in the last fiscal year compared to $2439.7M three years ago, Operating Income was $29.05M in the last fiscal year compared to $53.98M three years ago, while EPS was $0.6 in the last fiscal year compared to $1.03 three years ago. ROE was 4.05% in the last year compared to 7.67% three years ago and the stock is trading with a Forward 12M P/E of 12.95.

MORE FROM FORBESEcho Global Logistics (ECHO)

Servisfirst Bancshares Inc (SFBS) 

Servisfirst Bancshares Inc is our third Top Buy today. The company is a bank holding company. It originates commercial, consumer and other loans and accepts deposits, provides electronic banking services, such as online and mobile banking, including remote deposit capture, delivers treasury and cash management services, and provides banking services to other financial institutions. Our AI systems rated the company D in Technicals, B in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed up 0.79% to $68.88 on volume of 115,561 vs its 10-day price average of $66.92 and its 22-day price average of $67.28, and is up 71.68% for the year. Revenue grew by 11.46% in the last fiscal year and grew by 39.5% over the last three fiscal years, Operating Income grew by 15.22% in the last fiscal year and grew by 46.5% over the last three fiscal years, while EPS grew by 15.01% in the last fiscal year and grew by 42.29% over the last three fiscal years. Revenue was $325.37M in the last fiscal year compared to $259.97M three years ago, Operating Income was $221.19M in the last fiscal year compared to $173.96M three years ago, while EPS was $3.13 in the last fiscal year compared to $2.53 three years ago. ROE was 18.48% in the last year which compares to 20.7% three years ago. Forward 12M Revenue is expected to grow by 0.23% over the next 12 months and the stock is trading with a Forward 12M P/E of 18.31.

MORE FROM FORBESServisfirst Bancshares (SFBS)

Skyline Champion Corp (SKY) 

Skyline Champion Corp is our fourth Top Buy today. The company is a factory-built housing company in North America. The company offers a portfolio of manufactured and modular homes, park model RVs, accessory dwelling units and modular buildings for the multi-family, hospitality, senior and workforce housing sectors. Our AI systems rated the company C in Technicals, A in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 2.06% to $55.01 on volume of 289,460 vs its 10-day price average of $52.36 and its 22-day price average of $52.96, and is up 83.31% for the year. Revenue was $1420.88M in the last fiscal year compared to $1360.04M three years ago, Operating Income was $108.76M in the last fiscal year compared to $(20.14)M three years ago, while EPS was $1.49 in the last fiscal year compared to $(1.09) three years ago. ROE was 16.28% in the last year which compares to (20.59%) three years ago. The stock is trading with a Forward 12M P/E of 29.67.

MORE FROM FORBESSkyline Champion (SKY)

Rollins Inc (ROL)

Rollins Inc is our fifth and final Top Buy today. The company is a provider of pest and termite control services. Rollins offers pest control services and protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies. Our AI systems rated the company B in Technicals, B in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed up 0.21% to $37.4 on volume of 1,357,753 vs its 10-day price average of $35.89 and its 22-day price average of $35.03, and is down 2.2% for the year. Revenue grew by 2.2% in the last fiscal year and grew by 21.26% over the last three fiscal years, Operating Income grew by 8.4% in the last fiscal year and grew by 28.86% over the last three fiscal years, while EPS grew by 18.87% in the last fiscal year and grew by 34.05% over the last three fiscal years. Revenue was $2161.22M in the last fiscal year compared to $1821.56M three years ago, Operating Income was $368.09M in the last fiscal year compared to $309.64M three years ago, while EPS was $0.53 in the last fiscal year compared to $0.47 three years ago. ROE was 29.69% in the last year which compares to 33.92% three years ago. Forward 12M Revenue is expected to grow by 1.48% over the next 12 months and the stock is trading with a Forward 12M P/E of 55.82. 

MORE FROM FORBESRollins (ROL)

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