Thermo Fisher Scientific
Thermo Fisher Scientific is our second Top Buy for this month. Thermo Fisher’s services have been in very high demand during this pandemic as they provide a variety of services to healthcare, life science, and other laboratories in academia, government, and industry. Our AI systems rated Thermo Fisher C in Technicals, A in Growth, A in Low Volatility Momentum, and B in Quality Value. The stock closed down 0.41% to $479.0 on volume of 1,546,811 vs its 10-day price average of $492.
Amazon.com is the first Neutral stock for this month. Amazon has been the face of the e-commerce boom, and continues to grow and innovate its platform. Just yesterday, for example, Amazon launched its new pharmacy business. Our AI systems rated Amazon A in Technicals, A in Growth, C in Low Volatility Momentum, and C in Quality Value. The stock closed up 0.15% to $3135.66 on volume of 3,444,735 vs its 10-day price average of $3169.65 and its 22-day price average of $3165.57, and is up 65.
Our second Neutral rated growth stock for this month is Zoom Video Communications. Arguably the biggest winner of the COVID era, Zoom’s stock performance was severely hampered after the vaccine news. With its video conferencing platform, and ease of use, Zoom has been arguably the most important work at home stock of 2020, and can be credited with keeping both schools and businesses functioning.