Arvinas Inc Ranked Among Today’s Best Shorts As US Agreements With Debt Ceiling Crisis

We had a great two day rally thanks to Jay Powell and the Fed. Investors worried for weeks about a possible slowdown and tightening in monetary policy. Still, the Fed allayed fears when it indicated that the current economic stimulus would stay in place a little longer. Follow the Dow Jones

DOW
The 500 pt rally on Thursday, Friday told a different story. The indices fell back to earth with the Dow Jones down 167 points, the S&P 500 down 0.5% and the Nasdaq

NDAQ
down 0.7%. Evergrande in China still plagues market sentiment. After concerns subsided that she might start paying off part of her $ 300 billion debts on Thursday, reports revealed that some creditors may still be waiting to be paid. The United States continues to grapple with a debt ceiling crisis and possible government shutdown. It could also cause it to default on its sovereign debt for the first time in history. But did you really think China only had one negative market catalyst on Friday? The Chinese central bank overnight ruled crypto “illegal” and plunged tech stocks, namely crypto stocks. Bitcoin and Ether were also down 5% and 9%, respectively. If you are looking for a way to play in this market, Q.ai’s deep learning algorithms have analyzed the data to give you a set of Top Shorts. Our Artificial Intelligence (“AI”) systems evaluated each company on parameters of technique, growth, low volatility and quality value to find the best short games.

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Arvinas Inc (ARVN)

Arvinas Inc is today’s first Top Short. Arvinas is a clinical-stage biopharmaceutical company dedicated to improving the lives of patients with debilitating and life-threatening diseases. Our artificial intelligence systems rated the company D in technique, F in growth, F in momentum with low volatility, and F in value of quality. The stock closed 0.53% higher at $ 94.19 on volume of 352,578 from its 10-day average price of $ 94.63 and 22-day average price of $ 90.5, and is up 12.34% for the year. Revenue increased 45.9% in the last three years, while EPS increased -85.58% in the last three years. Revenue was $ 21.8 million in last fiscal year compared to $ 14.32 million three years ago, operating profit was (124.86) compared to ($ 25.45) three years ago, and the ROE was (27.47%) in the past year compared to (60.57%) three years ago. 12M futures revenue is expected to grow 29.11% over the next 12 months, and the stock is trading with a 12M futures P / E of 160.43.

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Carvana Co (CVNA)

Back on our list of the best shorts is Carvana Co. The company is a major innovator and disruptor in the automotive industry, and is a strong online used car dealer. Our AI systems ranked Carvana C in technique, F in growth, D in momentum with low volatility, and F in value of quality. The stock closed 0.56% lower at $ 319.25 on volume of 808,083 against its 10-day average price of $ 327.21 and 22-day average price of $ 331.91, and is up 35.12% for the year. The turnover increased by 60.23% in the last financial year and by 357.77% in the last three financial years, the operating result increased by -75.21% in the last financial year and by -62.67% in the last three years, and EPS increased by -57.59% in the last year and increased by -45.04% in the last three years. Revenue was $ 5,586.56 million in the last fiscal year, compared to $ 195.47 million three years ago, operating profit was $ (332.4) million in the last fiscal year. last fiscal year compared to ($ 220.73) million three years ago, EPS was (2.63) last year compared to ($ 2.03) three years ago, and the ROE was (93.05%) in the past year compared to (100.5%) three years ago. 12M futures revenue is also expected to grow 12.85% over the next 12 months.

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Plug Power Inc (PLUG)

Our third Top Short is no stranger to this list either - Plug Power Inc. Plug Power is a company at the forefront of automotive innovation with its development of hydrogen fuel cell systems. The objective of this company is to develop mechanisms to eventually replace conventional batteries in equipment and vehicles powered by electricity. Our AI systems ranked Plug Power F in Technicals, F in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed 3.16% higher at $ 27.77 on volume of 21,569,220 against its 10-day average price of $ 25.56 and 22-day average price of $ 25.92, and is down 13.68% for the year. Revenue increased -94.06% in the last fiscal year, while EPS increased -10.05% in the last fiscal year. Revenue was -93.24 million dollars in the last fiscal year compared to 174.22 million dollars three years ago, operating profit was (576.61) million dollars in the last fiscal year. last year versus ($ 76.44) million three years ago, EPS was (1.68) last year versus ($ 0.39) three years ago, and ROE was (74.61%) in the previous year compared to (157.5%) three years ago. Forward 12M revenue is also expected to grow 19.11% over the next 12 months.

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Redfin Corp (RDFN)

Our fourth Top Shorts for the day is Redfin Corp. Redfin is a Seattle-based real estate brokerage firm and operates with a unique business model. With Redfin’s business model, sellers pay Redfin a nominal fee to list the seller’s house, in addition to another nominal fee charged to the seller to compensate the brokerage representing the buyer. Customers who buy with Redfin are only charged 1% to list their home and also receive a portion of the brokerage commission (called Redfin Refund). Our AI systems have ranked Redfin C in Technicals, F in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed 0.23% lower at $ 52.13 on volume of 997,243 against its 10-day average price of $ 49.85 and 22-day average price of $ 50.15, and is down 22.47% for the year. Turnover increased by 37.8% in the last fiscal year and increased by 150.77% in the last three fiscal years, operating profit increased by -109.87% in the last three fiscal years and EPS increased by -4.37% in the last fiscal year and increased by -54.5% over the last three fiscal years. Revenue was $ 886.09 million in the last fiscal year compared to $ 486.92 million three years ago, operating profit was $ 7.31 million in the last fiscal year compared at ($ 43.93) million three years ago, EPS was ($ 0.23) last fiscal year, compared to ($ 0.49) three years ago, and ROE was (3.85%) last year compared to (13.82%) three years ago. Forward 12M revenue is also expected to grow by 17.12% over the next 12 months.

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Saber Corp (SABR)

Our last Top Short today is Saber Corp. Saber, which was originally founded by American Airlines

AAL
in 1960, was the world’s largest supplier of distribution systems for airline reservations in North America. Our AI systems rated Saber D in technique, D in growth, C in momentum with low volatility, and F in quality value. The stock closed 3.84% higher at $ 11.91 on volume of 5,775,497 against its 10-day average price of $ 11.31 and 22-day average price of $ 11.15, and is up 6.24% for the year. Turnover increased by 0.38% in the last fiscal year, while operating profit increased by -7.25% in the last fiscal year and EPS increased by -17.01% in the last fiscal year. during the last fiscal year. Revenue was $ 1,334.1 million in the last fiscal year, compared to $ 3,866.96 million three years ago, operating profit was $ (912.96) million in the last year versus $ 570.34 million three years ago, EPS was (4.42) last year versus $ 1.22 three years ago, and ROE was (194.51%) last year compared to 40.76% three years ago. Forward 12M revenue is also expected to grow by 33.33% over the next 12 months.

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