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Sunday, April 11, 2021

Top stocks for sale today amid more hedge fund problems

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Last week ended with a massive sell-off in media stocks, possibly thanks to the forced liquidation of positions held by multibillion-dollar family office Archegos Capital Management. As a result, we saw downward pressure on the indices to start on Monday. Although media stocks like Discovery and ViacomCBS saw quieter moves on Monday, the two companies were down 27% each in Friday’s sale. Bank stocks amid this pressure also underperformed the markets. While this shouldn’t be a problem in the long term and rather a headwind in the short term, the indices reacted accordingly and saw some declines. The Dow Jones fell 130 points, the S&P 500 fell 0.4% and the Nasdaq Composite fell slightly. Q.ai’s deep learning algorithms analyzed the data to give you a set of Top Shorts. Our Artificial Intelligence (“AI”) systems evaluated each company against technical parameters, growth, low volatility momentum, and quality value to find the best short parts.

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Arvinas Inc (ARVN)

Arvinas Inc is a Top Short for the second day in a row. Arvinas is a clinical-stage biopharmaceutical company dedicated to improving the lives of patients with debilitating and life-threatening diseases. Our AI systems rated the company F in technique, F in growth, D in low volatility momentum, and D in quality value. The stock closed 4.52% lower at $ 59.98 on volume of 280,455 from its 10-day average price of $ 67.06 and 22-day average price of $ 71.23, and is down 28.46% for the year. Revenue was $ 21.8M last fiscal year compared to $ 14.32M three years ago, operating profit was $ (124.86) million last fiscal year compared at $ (43.8) million three years ago, EPS was $ (3.02) last year. compared to $ (25.45) three years ago, and the ROE was (27.47%) in the past year compared to (60.57%) three years ago.

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MORE UKTNArvinas (ARVN)

Carvana Co (CVNA)

Carvana is our second Top Short. The company is a major innovator and disruptor in the automotive industry, and is a robust online used car dealer. Our AI systems rated Carvana F in technique, F in growth, D in low volatility momentum, and F in quality value. The stock closed 1.03% higher at $ 259.0 on volume of 1,123,571 from its 10-day average price of $ 270.27 and 22-day average price of $ 273.73, and is up 9.62% for the year. Sales were $ 5,586.56 million last fiscal year compared to $ 1955.47 million three years ago, operating profit was $ (332.4) million last fiscal year compared at $ (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 last year compared to (100.5%) three years ago.

MORE UKTNCarvana (CVNA)

Nanostring Technologies Inc (NSTG)

NanoString Technologies
NSTG
is our third Top Short. The company is a biotechnology company specializing in the development of cancer diagnostic tools. Our NanoString Technologies AI systems are rated C in technique, F in growth, D in low volatility momentum, and D in quality value. The stock closed 2.11% lower at $ 63.02 on volume of 535,074 from its 10-day average price of $ 66.71 and 22-day average price of $ 66.38, and is down 2.55% for the year. Revenue was $ 117.32M last fiscal year compared to $ 106.73M three years ago, operating profit was $ (88.05) million last fiscal year compared at $ (69.39) million three years ago, EPS was $ (2.82) last year. compared to $ (2.78) three years ago, and the ROE was (53.55%) in the last year compared to (201.1%) three years ago.

MORE UKTNNanostring Technologies (NSTG)

Plug Power Inc (PLUG)

Our next Top Short today is the ever popular Plug Power Inc
PLUG
. 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. While the title was on a meteoric run, it has seen a significant drop in recent weeks. Our artificial intelligence systems rated Plug Power F in technique, F in growth, D in low volatility momentum, and D in quality value. The stock closed 0.21% lower at $ 34.03 on 20,150,030 volume from its 10-day average price of $ 38.01 and 22-day average price of $ 41.59, and is up 5.78% for the year. Revenue was – $ 100.47 million last year compared to $ 174.63 million three years ago, operating income was $ (550.26) million last year compared to ( Three years ago, $ 69.48 million EPS was $ (1.58) last year compared to $ (0.36) three years ago, and ROE was (68.42% ) in the past year compared to (143.71%) three years ago.

MORE UKTNConnect the power supply (PLUG)

Redfin Corp (RDFN)

Our latest Top Short is Redfin Corp
RDFN
. 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 small fee to list the seller’s house, in addition to another small commission charged to the seller to compensate the brokerage representing the buyer. Customers who buy with Redfin are only charged 1% to list their home for sale and also receive a portion of the brokerage commission (called the Redfin refund). Our AI systems rated Redfin D in technique, F in growth, D in low volatility momentum, and D in quality value. The stock closed 0.22% lower at $ 64.21 on a volume of 1,435,337 from its 10-day average price of $ 69.01 and 22-day average price of $ 70.04, and is down 4.51% for the year. Revenue was $ 886.09 million last year compared to $ 486.92 million three years ago, operating profit was $ 7.31 million last year compared to ( Three years ago, $ 43.93 million EPS was $ (0.23) last year, compared to $ (0.49) three years ago, and ROE was (3, 85%) last year compared to (13.82%) three years ago.

MORE UKTNRedfin (RDFN)

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