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Fluor Corp Ranked Among Today’s Top Shorts

Markets started off the week right where they left off on Friday, with a sharp pullback at the open. The Dow was taking the brunt of it, losing about 1.5%, with the S&P 500 and Nasdaq not far behind. Airlines were trading significantly lower by about 4% as the sector is dealt another blow with surging Covid-19 cases, primarily due to the new Delta strain across the country and the world. The US 10-year Treasury Yield hit a new 5-month low, crossing to just above 1.21%, signaling some economic hardship ahead. OPEC came to new supply deal, sending WTI crude about 2% lower to just above $70, which may help some prices at the pump this summer if the lower direction continues. These still remain about 2-year highs for the black gold. It apprears we are starting to build that “wall of worry” in the markets, but given the incredible run in stocks over the last couple of years, a correction would not be uncommon. Volatility appears here to stay, at the least. 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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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 0.67% to $313.27 on volume of 1,281,426 vs its 10-day price average of $317.72 and its 22-day price average of $308.52, and is up 32.59% 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)

Fluor Corp (FLR)

Fluor Corp is second on our list of Top Shorts today. The company is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. 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 down 5.49% to $15.32 on volume of 3,322,251 vs its 10-day price average of $16.41 and its 22-day price average of $17.14, and is down 3.16% for the year. EPS grew by -41.2% in the last fiscal year. Revenue was $15668.48M in the last fiscal year compared to $18851.01M three years ago, Operating Income was $144.96M in the last fiscal year compared to $426.32M three years ago, while EPS was $(3.1) in the last fiscal year compared to $1.22 three years ago. ROE was (15.85%) in the last year which compares to 6.56% three years ago. Forward 12M Revenue is expected to grow by 2.29% over the next 12 months and the stock is trading with a Forward 12M P/E of 21.16.

MORE FROM FORBESFluor (FLR)

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 down 3.62% to $13.06 on volume of 3,040,497 vs its 10-day price average of $14.86 and its 22-day price average of $15.67, and is up 86.04% 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)

Plug Power Inc (PLUG) 

Plug Power Inc is fourth 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 2.88% to $26.01 on volume of 16,723,560 vs its 10-day price average of $29.09 and its 22-day price average of $30.81, and is down 2.88% 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)

Blink Charging Co (BLNK)

Blink Charging Co is the final 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 2.87% to $30.43 on volume of 1,259,776 vs its 10-day price average of $34.16 and its 22-day price average of $37.68, and is down 18.86% 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)

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