Market

AI Identifies Amyris Inc Among Today’s Top Shorts

Monday markets were slow today, trading flat, as investors eyed the start of Q2 earnings season. Earnings this quarter will be of extra significance, given that markets are at all-time highs, but expectations are strong with S&P 500 earnings expected to grow 65% above levels seen this time last year, the strongest since Q4 2009 coming off the Great Recession. A lot has been made lately of the great resignation, as employees across the country leave jobs to greener pastures, so it will be interesting to see if that is affecting companies’ bottom lines right now as they raise wages to compete for talent. 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.  

Sign up for the free Forbes AI Investor newsletter here to join an exclusive AI investing community and get premium investing ideas before markets open.

Related Articles

Carvana Co (CVNA)

Carvana Co is our first Top Short today. Carvana is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. Our AI systems rated the company C in Technicals, F in Growth, F in Low Volatility Momentum, and F in Quality Value. The stock closed up 0.28% to $323.42 on volume of 1,252,623 vs its 10-day price average of $310.83 and its 22-day price average of $298.14, and is up 36.89% 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, while EPS grew by -22.3% over the last three fiscal years. 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 (100.05%) three years ago. Forward 12M Revenue is also expected to grow by 6.75% over the next 12 months.

MORE FROM FORBESCarvana (CVNA)

Plug Power Inc (PLUG) 

Plug Power Inc is second on our list of Top Shorts today. The company is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable and cost-effective way. Our AI systems rated Plug C in Technicals, F in Growth, F in Low Volatility Momentum, and F in Quality Value. The stock closed down 1.48% to $29.39 on volume of 17,545,080 vs its 10-day price average of $32.23 and its 22-day price average of $31.69, and is down 8.64% for the year. Revenue grew by -33.4% in the last fiscal year while EPS grew by -9.39% in the last fiscal 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. Forward 12M Revenue is also expected to grow by 9.18% over the next 12 months. 

MORE FROM FORBESPlug Power (PLUG)

Amyris Inc (AMRS)

Our next Top Short is Amyris Inc. Amyris is an industrial biotechnology company. Our AI systems rated the company C in Technicals, F in Growth, D in Low Volatility Momentum, and D in Quality Value. The stock closed up 1.49% to $15.67 on volume of 1,146,366 vs its 10-day price average of $16.21 and its 22-day price average of $16.07, and is up 123.22% for the year. Revenue grew by 85.32% in the last fiscal year and by 404.47% over the last three fiscal years, Operating income grew by -101.07% in the last fiscal year and by -101.0% over the last three fiscal years, and EPS grew by -31.64% in 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, EPS was $(1.88) in the last fiscal year compared to $(3.69) three years ago.

MORE FROM FORBESAmyris (AMRS)

Blink Charging Co (BLNK)

Blink Charging Co is the fourth Top Short today. Blink is an owner, operator, and provider of electric vehicle charging services. Our AI systems rated the company C in Technicals, F in Growth, F in Low Volatility Momentum, and D in Quality Value. The stock closed down 0.23% to $35.4 on volume of 1,192,267 vs its 10-day price average of $38.95 and its 22-day price average of $39.4, and is down 5.61% for the year. Revenue grew by 14.98% in the last fiscal year, and grew by 166.67% over the last three fiscal years, while EPS grew by -49.11% over the last three fiscal years. Revenue was $6.23M in the last fiscal year compared to $2.69M three years ago, Operating Income was $(17.39)M in the last fiscal year compared to $(11.61)M three years ago, EPS was $(0.59) in the last fiscal year compared to $(1.3) three years ago, and ROE was (103.16%) in the last year. Forward 12M Revenue is expected to grow by 25.93% over the next 12 months.

MORE FROM FORBESBlink Charging (BLNK)

Livent Corp (LTHM) 

Livent Corp is our final Top Short today. The company is a pure-play lithium producer formed when FMC spun off its lithium business in October 2018. Our AI systems rated Livent F in Technicals, D in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed up 6.43% to $19.85 on volume of 1,650,647 vs its 10-day price average of $19.05 and its 22-day price average of $18.67, and is up 5.7% 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 also expected to grow by 2.87%% over the next 12 months and the stock is trading with a forward 12M P/E of 120.38.

MORE FROM FORBESLivent (LTHM)

Liked what you read? Sign up for our free Forbes AI Investor Newsletter here to get AI driven investing ideas weekly. For a limited time, subscribers can join an exclusive slack group to get these ideas before markets open.

Most Related Links :
reporterwings Governmental News Finance News

Source link

Back to top button