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After yesterday’s jobless claims beat estimates and private job growth shattered estimates, May’s jobs report came in significantly higher than April’s yet still missed estimates. The Dow projected 671,000 jobs to be added in May, yet data showed 559,000 jobs added. However, unemployment came in better than expected, with the unemployment rate dipping to 5.8% from 6.1%, beating estimates of 5.9%. Time will tell how the Fed reacts to this economic data. Still, it’s certainly not “too strong” for them to start altering their monetary policy. Bond yields fell, and stocks ticked up as well, as the Dow Jones
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Blink Charging Co (BLNK)
Blink Charging Co is our first Top Short today. Blink Charging Co provides fast, level 2 EV Charging Stations and Networks for both homes and businesses. 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 up 0.78% to $38.85 on volume of 4,483,651 vs its 10-day price average of $34.79 and its 22-day price average of $32.93, and is up 3.59% 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 also expected to grow by 25.93% over the next 12 months.
Simple moving average of Blink Charging Co (BLNK)
Community Health Systems Inc (CYH)
Community Health Systems Inc is our second Top Short today. The objective of this company is fairly straightforward- to engage in the management and operations of hospitals. Our AI systems rated Community Health Systems F in Growth, F in Low Volatility Momentum, and C in Quality Value. The stock closed up 1.14% to $15.98 on volume of 1,606,909 vs its 10-day price average of $14.46 and its 22-day price average of $14.24, and is up 119.51% for the year. Operating Income grew by 18.4% in the last fiscal year, and EPS grew by -151.57% over the last three fiscal years. Revenue was $11789.0M in the last fiscal year compared to $14155.0M three years ago, Operating Income was $576.0M in the last fiscal year compared to $892.0M three years ago, and EPS was $4.39 in the last fiscal year compared to $(6.99) three years ago. Forward 12M Revenue is expected to grow by 0.29% over the next 12 months, and the stock is trading with a Forward 12M P/E of 30.58.
Simple moving average of Community Health Systems Inc (CYH)
Sunnova Enrgy Intl Inc (NOVA)
Leading solar energy provider Sunnova is our next Top Short today. The Houston based company provides solar panels and batteries for homes across the United States. Our AI systems rated Sunnova F in Technicals, F in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed down 1.63% to $27.81 on volume of 2,170,688 vs its 10-day price average of $28.63 and its 22-day price average of $28.69, and is down 38.25% for the year. Revenue grew by 7.12% in the last fiscal year and grew by 65.04% over the last three fiscal years, and EPS grew by -20.18% in the last fiscal year and grew by -85.44% over the last three fiscal years. Revenue was $160.82M in the last fiscal year compared to $104.38M three years ago, Operating Income was $(29.92)M in the last fiscal year compared to $(6.48)M three years ago, EPS was $(2.87) in the last fiscal year compared to $(15.74) three years ago, and ROE was (29.33%) in the last year compared to (13.73%) three years ago. Forward 12M Revenue is also expected to grow by 11.83% over the next 12 months.
Simple moving average of Sunnova Enrgy Intl Inc (NOVA)
Seaworld Entertainment Inc (SEAS)
Seaworld Entertainment Inc is today’s next Top Short. Seaworld Entertainment is best known for its theme parks and water parks, most notably SeaWorld and Busch Gardens. The company owns and operates twelve locations in the United States. Our AI systems rated Seaworld Entertainment C in Technicals, D in Growth, F in Low Volatility Momentum, and F in Quality Value. The stock closed up 0.02% to $55.0 on volume of 664,111 vs its 10-day price average of $54.12 and its 22-day price average of $53.22, and is up 81.46% for the year. Revenue grew by 4.25% in the last fiscal year, Operating Income grew by -20.82% in the last fiscal year, and EPS grew by -3.8% in the last fiscal year. Revenue was $431.78M in the last fiscal year compared to $1372.29M three years ago, Operating Income was $(245.94)M in the last fiscal year compared to $186.65M three years ago, EPS was $(3.99) in the last fiscal year compared to $0.52 three years ago, and ROE was (594.39%) in the last year compared to 16.21% three years ago. Forward 12M Revenue is expected to grow by 4.0% over the next 12 months, and the stock is trading with a Forward 12M P/E of 47.79.
Simple moving average of Seaworld Entertainment Inc (SEAS)
Sunpower Corp (SPWR)
Sunpower Corp
Simple moving average of Sunpower Corp (SPWR)
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