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Amyris Inc Among Today’s Top Shorts As The Dow, S&P 500, And Nasdaq All Climb

Is the pain over for stocks now? Bitcoin appears to have stabilized (for now), and stocks are set for broad gains for a second consecutive day. After the indices ended up in the red the last two weeks, the final week in May is off to a roaring start. For a second straight day, both tech stocks and reopening stocks gained. The Dow Jones rose 70 points, the S&P 500 gained 0.3%, and the Nasdaq
NDAQ
once again led the way and climbed 0.6%. In other economic news, home prices soared 13.3% in March on an annual basis- a record. If you’re looking for a way to play this market, the deep learning algorithms at Q.ai have crunched the data to give you a set of Top Shorts. Our Artificial Intelligence (“AI”) systems assessed each firm on parameters of Technicals, Growth, Low Volatility Momentum, and Quality Value to find the best short plays. 

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Amyris Inc (AMRS)

Amyris Inc is today’s first Top Short. Amyris Inc
AMRS
is a synthetic biotechnology and renewable chemical company. It serves the specialty and performance chemicals, flavors and fragrances, cosmetics ingredients, pharmaceuticals, and nutraceuticals markets. Our AI systems rated the company F in Technicals, D in Growth, D in Low Volatility Momentum, and D in Quality Value. The stock closed down 0.89% to $13.39 on volume of 1,839,920 vs its 10-day price average of $12.36 and its 22-day price average of $13.27, and is up 90.74% for the year. Revenue grew by 85.32% in the last fiscal year and grew by 404.47% over the last three fiscal years, Operating Income grew by -101.07% in the last fiscal year and grew by -101.0% over the last three fiscal years, and EPS grew by -31.64% over the last three fiscal years. Revenue was $173.14M in the last fiscal year compared to $63.6M three years ago, Operating Income was $(123.42)M in the last fiscal year compared to $(132.72)M three years ago, and EPS was $(1.88) in the last fiscal year compared to $(3.69) three years ago.

MORE FROM FORBESAmyris (AMRS)

Carvana Co (CVNA)

Carvana is our second Top Short. The company is a major innovator and disruptor in the car industry, and is a robust online used car dealer. Our AI systems rated Carvana C in Technicals, F in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed up 2.99% to $253.8 on volume of 1,541,360 vs its 10-day price average of $235.11 and its 22-day price average of $259.05, and is up 7.42% for the year. Revenue grew by 20.53% in the last fiscal year and grew by 244.35% over the last three fiscal years, Operating Income grew by -23.77% in the last fiscal year, and EPS grew by -22.3% in the last fiscal year. Revenue was $5586.56M in the last fiscal year compared to $1955.47M three years ago, Operating Income was $(332.4)M in the last fiscal year compared to $(220.73)M three years ago, EPS was $(2.63) in the last fiscal year compared to $(2.03) three years ago, and ROE was (93.05%) in the last year compared to (100.5%) three years ago. Forward 12M Revenue is also expected to grow by 6.29% over the next 12 months.

MORE FROM FORBESCarvana (CVNA)

Kirby Corp (KEX)

Kirby Corporation
KEX
is today’s third Top Short. The Houston-based company is the largest tank barge operator in the United States, and transports bulk liquid products throughout the Mississippi River System, the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii. Our AI systems rated the company F in Technicals, F in Growth, C in Low Volatility Momentum, and C in Quality Value. The stock closed up 1.41% to $66.77 on volume of 171,908 vs its 10-day price average of $67.2 and its 22-day price average of $65.96, and is up 29.6% for the year. EPS grew by -126.08% in the last fiscal year. Revenue was $2171.41M in the last fiscal year compared to $2970.7M three years ago, Operating Income was $148.31M in the last fiscal year compared to $251.7M three years ago, EPS was $(4.55) in the last fiscal year compared to $1.31 three years ago, and ROE was (8.41%) in the last year compared to 2.5% three years ago. Forward 12M Revenue is expected to grow by 3.46% over the next 12 months, and the stock is trading with a Forward 12M P/E of 45.51. 

MORE FROM FORBESKirby (KEX)

Livent Corp (LTHM)

Livent Corp is our next Top Short. Livent is a chemical manufacturing and lithium tech company focused on very in-demand lithium-based products such as electric vehicle batteries, handheld devices, and more. Our AI systems rated the company D in Technicals, D in Growth, F in Low Volatility Momentum, and D in Quality Value. The stock closed 1.77% to $18.44 on volume of 1,375,154 vs its 10-day price average of $17.5 and its 22-day price average of $17.88, and is down 1.81% for the year. Revenue grew by 8.05% in the last fiscal year, and EPS grew by -5.85% in the last fiscal year. Revenue was $288.2M in the last fiscal year compared to $442.5M three years ago, Operating Income was $(10.8)M in the last fiscal year compared to $165.7M three years ago, EPS was $(0.13) in the last fiscal year compared to $0.99 three years ago, and ROE was (3.41%) in the last year compared to 28.94% three years ago. Forward 12M Revenue is expected to grow by 1.51% over the next 12 months, and the stock is trading with a Forward 12M P/E of 125.1. 

MORE FROM FORBESLivent (LTHM)

Plug Power Inc (PLUG)

Our final Top Short for the second day in a row is Plug Power Inc
PLUG
. Plug Power is a company at the forefront of automotive innovation with its development of hydrogen fuel cell systems. The goal of this company is to develop mechanisms to eventually replace conventional batteries in equipment and vehicles powered by electricity. Unfortunately, though, the stock has been hit very hard over the last few months. Our AI systems rated Plug Power F in Technicals, D in Low Volatility Momentum, and F in Quality Value. The stock closed down 2.47% to $27.2 on volume of 26,736,740 vs its 10-day price average of $25.44 and its 22-day price average of $25.77, and is down 15.45% for the year. Revenue was $-93.24M in the last fiscal year compared to $174.22M three years ago, Operating Income was $(576.61)M in the last fiscal year compared to $(76.44)M three years ago, EPS was $(1.68) in the last fiscal year compared to $(0.39) three years ago, and ROE was (74.61%) in the last year compared to (157.5%) three years ago. 

MORE FROM FORBESPlug Power (PLUG)

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