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HomeBusinessInvestingAmerican Airlines Group Inc Ranked Among Today’s Top Shorts

American Airlines Group Inc Ranked Among Today’s Top Shorts

The Delta variant may continue to be a concern in the back of everyone’s minds. Still, this market has not gotten the memo. Investors also overlooked mixed economic data from Thursday that showed jobless claims falling and matching expectations. At the same time, the producer price index, excluding volatile food, trade services, and energy components, came in much hotter than expected last month at 0.9% vs. 0.5%. Yet, after the Dow and S&P saw yet another record close on Thursday, they continued to see more gains led by Disney’s

DIS
blowout earnings announcement. The Dow added 60 points, or 0.2%, while the S&P 500 gained about 0.1%. Disney shares popped more than 3.75% after crushing Wall Street estimates on Disney+ subscriber growth and overall revenue and earnings. Meanwhile, the Nasdaq

NDAQ
continued lagging the broader market trading around the flatline. 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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American Airlines

AAL
Group Inc (AAL)

American Airlines is our first Top Short today. American Airlines is the largest airline in the world in terms of number of passengers carried, fleet size, and scheduled passenger-kilometers. While the upside is evident for airline travel, due to pent-up demand, nobody truly knows when travel demand will return to pre-pandemic levels. Especially with the Delta variant, and other variants now a real threat. Our AI systems rated American Airlines B in Technicals, D in Growth, F in Low Volatility Momentum, and F in Quality Value. The stock closed down 3.77% to $20.43 on volume of 30,464,790 vs its 10-day price average of $20.49 and its 22-day price average of $20.7, and is up 35.03% for the year. Revenue grew by 7.78% in the last fiscal year, Operating Income grew by -10.81% in the last fiscal year, and EPS grew by -46.38% in the last fiscal year. Revenue was $17337.0M in the last fiscal year compared to $44541.0M three years ago, Operating Income was $(11058.0)M in the last fiscal year compared to $3757.0M three years ago, and EPS was $(18.36) in the last fiscal year compared to $3.03 three years ago. Forward 12M Revenue is also expected to grow by 31.9% over the next 12 months. 

MORE FROM FORBESAmerican Airlines Group (AAL)

Blink C

CVNA
harging Co (BLNK)

Blink Charging Co is again on our list as a Top Short. Blink Charging Co provides fast, level 2 EV Charging Stations and Networks for both homes and businesses. Our AI systems rated the company D in Technicals, F in Growth, D in Low Volatility Momentum, and D in Quality Value. The stock closed down 5.31% to $34.09 on volume of 4,147,072 vs its 10-day price average of $34.83 and its 22-day price average of $33.6, and is down 9.11% for the year. Revenue grew by 59.64% in the last fiscal year and grew by 270.26% over the last three fiscal years, and EPS grew by -32.18% 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 also expected to grow by 40.71% over the next 12 months.

MORE FROM FORBESBlink Charging (BLNK)

Carvana Co (CVNA)

Our next Top Short is also no stranger to this list- Carvana. 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, F in Low Volatility Momentum, and F in Quality Value. The stock closed down 0.71% to $358.15 on volume of 673,402 vs its 10-day price average of $346.27 and its 22-day price average of $336.18, and is up 51.59% for the year. Revenue grew by 60.23% in the last fiscal year and grew by 357.77% over the last three fiscal years, Operating Income grew by -75.21% in the last fiscal year and grew by -62.67% over the last three fiscal years, and EPS grew by -57.59% in the last fiscal year and grew by -45.04% 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 (100.5%) three years ago. Forward 12M Revenue is also expected to grow by 12.72% over the next 12 months. 

MORE FROM FORBESCarvana (CVNA)

Las Vegas Sands Co

LVS
rp (LVS)

Las Vegas Sands Corp is our fourth Top Short today. Best known for its numerous properties in Macau and The Venetian and The Palazzo in Las Vegas, Las Vegas Sands Corp is the largest casino company in the world. Our AI systems rated the company C in Technicals, D in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed down 0.49% to $40.79 on volume of 5,931,956 vs its 10-day price average of $40.79 and its 22-day price average of $44.06, and is down 29.61% for the year. Revenue grew by 24.64% in the last fiscal year, Operating Income grew by -32.52% in the last fiscal year, and EPS grew by -20.52% in the last fiscal year. Revenue was $3612.0M in the last fiscal year compared to $13729.0M three years ago, Operating Income was $(1608.0)M in the last fiscal year compared to $3901.0M three years ago, EPS was $(2.21) in the last fiscal year compared to $3.07 three years ago, and ROE was (42.67%) in the last year compared to 41.07% three years ago. Forward 12M Revenue is expected to grow by 40.89% over the next 12 months, and the stock is trading with a Forward 12M P/E of 53.2.

MORE FROM FORBESLas Vegas Sands (LVS)

Plug Power I

PLUG
nc (PLUG)

Our final Top Short today is Plug Power Inc. 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. Our AI systems rated Plug Power D in Technicals, F in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed down 3.61% to $26.41 on volume of 17,212,130 vs its 10-day price average of $26.93 and its 22-day price average of $26.92, and is down 17.9% for the year. Revenue grew by -94.06% in the last fiscal year, while EPS grew by -10.05% 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 19.32% over the next 12 months.

MORE FROM FORBESPlug Power (PLUG)

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