Blowout earnings announcements from Twitter and Snap sent the market higher. After choppy waters last week, with a Dow
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Amyris Inc (AMRS)
Amyris Inc is today’s first Top Short. Amyris Inc
Fluor Corp (FLR)
Fluor Corp is the next Top Short today. Fluor Corp is an engineering and construction firm. It is a holding company that provides services through subsidiaries in oil and gas, industrial and infrastructure, government and power. Our AI systems rated Fluor Corp D in Technicals, D in Growth, F in Low Volatility Momentum, and D in Quality Value. The stock closed down 2.91% to $16.37 on volume of 1,714,225 vs its 10-day price average of $16.35 and its 22-day price average of $16.94, and is up 3.48% 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, EPS was $(3.1) in the last fiscal year compared to $1.22 three years ago, and ROE was (15.85%) in the last year compared to 6.56% three years ago. Forward 12M Revenue is expected to grow by 2.39% over the next 12 months, and the stock is trading with a Forward 12M P/E of 23.79.
Livent Corp (LTHM)
Our third Top Short of the day is Livent Corp. Livent is a chemical manufacturing and lithium tech company focused on very in-demand lithium-based products such as electric vehicle batteries, handheld devices, and more. Our AI systems rated the company F in Technicals, D in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed down 0.15% to $19.52 on volume of 1,460,835 vs its 10-day price average of $19.26 and its 22-day price average of $19.03, and is up 3.94% 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 expected to grow by 2.85% over the next 12 months, and the stock is trading with a Forward 12M P/E of 105.06.
Las Vegas Sands Corp (LVS)
Las Vegas Sands Corp is our fourth Top Short of the day. 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 D in Technicals, F in Growth, C in Low Volatility Momentum, and F in Quality Value. The stock closed down 4.45% to $47.22 on volume of 13,374,960 vs its 10-day price average of $49.2 and its 22-day price average of $50.8, and is down 18.52% for the 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 37.04% over the next 12 months, and the stock is trading with a Forward 12M P/E of 43.32.
Redfin Corp (RDFN)
Our final Top Short for the day is Redfin Corp. Redfin is a Seattle-based real estate brokerage, and operates with a unique business model. With Redfin’s business model, sellers pay Redfin a small fee to list the seller’s home, in addition to another small 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’s commission back (called the Redfin Refund). Our AI systems rated Redfin D in Technicals, F in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed down 2.91% to $58.7 on volume of 715,427 vs its 10-day price average of $57.76 and its 22-day price average of $60.4, and is down 12.7% for the year. Revenue grew by 8.73% in the last fiscal year and grew by 97.86% over the last three fiscal years, Operating Income grew by 313.59% in the last fiscal year and grew by -168.8% over the last three fiscal years, EPS grew by -95.82% in the last fiscal year and grew by -98.01% over the last three fiscal years. Revenue was $886.09M in the last fiscal year compared to $486.92M three years ago, Operating Income was $7.31M in the last fiscal year compared to $(43.93)M three years ago, EPS was $(0.23) in the last fiscal year, compared to $(0.49) three years ago, and ROE was (3.85%) in the last year compared to (13.82%) three years ago. Forward 12M Revenue is also expected to grow by 7.61% over the next 12 months.
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