Top Stocks To Short Today As Big Jobs Report Propels Market

Confidence was surging this morning with the big jobs report beat from the Good Friday holiday. The Labor Department noted that nonfarm payrolls increased by 916,000 in March, and the unemployment rate fell to 6% – this was far beyond expectations of the 675,000 gains economists were expecting. Given the holiday Friday, pent up demand over the weekend led investors to buying stocks in the morning with all indexes well into the green. How long can it last? It will depend on how many more trillions get pumped into the market. If you’re looking for a way to hedge, 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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Boxlight Corp (BOXL)

Boxlight Corp is our first Top Short today. Boxlight Corp is a United States based education technology company. It develops, sells and services interactive classroom solutions for the education market. Our AI systems rated the company D in Technicals, F in Growth, F in Low Volatility Momentum, and F in Quality Value. The stock closed up 1.98% to $2.58 on volume of 2,347,094 vs its 10-day price average of $2.74 and its 22-day price average of $2.56, and is up 73.15% for the year. Revenue was $54.89M in the last fiscal year compared to $37.84M three years ago, Operating Income was negative $(7.9)M in the last fiscal year compared to negative $(7.0)M three years ago, EPS was negative $(0.39) in the last fiscal year, and compares to $(0.72) three years ago, and ROE was negative (44.44%) in the last year, and compares to (84.35%) three years ago.

MORE FROM FORBESBoxlight (BOXL)

Laureate Education Inc (LAUR)

Education company Laureate Education Inc is our next Top Short. Laureate Education Inc
LAUR
 is an international community of universities. The company provides higher education programs and services to students through an international network of licensed universities and higher education institutions. Our AI systems rated Laureate D in Technicals, D in Growth, C in Low Volatility Momentum, and F in Quality Value. The stock closed up 2.72% to $13.96 on volume of 454,614 vs its 10-day price average of $13.8 and its 22-day price average of $13.91, and is down 2.45% for the year. Revenue $1024.92M in the last fiscal year, and compares to $1144.57M three years ago, Operating Income was $112.32M in the last fiscal year compared to $48.42M three years ago, EPS was $(2.93) in the last fiscal year compared to $1.74 three years ago, and ROE was (12.62%) in the last year, which compares to (9.41%) three years ago.

MORE FROM FORBESLaureate Education (LAUR)

Liveperson Inc (LPSN)

Our third Top Short of the day is Liveperson Inc
LPSN
, which offers cloud-based platform solutions. It enables businesses and consumers to connect through conversational interfaces, such as in-app and mobile messaging, while leveraging bots and Artificial Intelligence (AI) to increase efficiency. Our AI systems rated the company D in Technicals, D in Growth, C in Low Volatility Momentum, and D in Quality Value. The stock closed up 4.65% to $55.19 on volume of 1,141,569 vs its 10-day price average of $52.44 and its 22-day price average of $54.17, and is down 9.7% for the year. Revenue was $366.62M in the last fiscal year compared to $249.84M three years ago, Operating Income was $(54.63)M in the last fiscal year compared to $(15.14)M three years ago, EPS was $(1.63) in the last fiscal year compared to $(0.42) three years ago, and ROE was (54.83%) in the last year compared to (16.11)% three years ago.

Macerich Co (MAC)

Macerich Co is our fourth Top Short of the day. The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 29 regional malls in its consolidated portfolio and 19 regional malls in its unconsolidated portfolio along with six power centers and six other real estate assets. Our AI systems rated Macerich D in Technicals, F in Growth, D in Low Volatility Momentum, and D in Quality Value. The stock closed up 32.31% to $11.97 on volume of 3,907,571 vs its 10-day price average of $12.17 and its 22-day price average of $12.95, and is up 13.68% for the year. Revenue was $758.98M in the last fiscal year compared to $1028.46M three years ago, Operating Income was $(23.39)M in the last fiscal year compared to $(9.14)M three years ago, EPS was $(1.92) in the last fiscal year compared to $(1.5) three years ago, and ROE was (27.99%) in the last year compared to (41.98%) three years ago. 

MORE FROM FORBESMacerich (MAC)

Motorcar Parts Of Amer Inc (MPAA)

Motorcar Parts Of Amer Inc (MPAA) is our fifth and final Top Short of the day. Motorcar Parts of America Inc is a US-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. Our AI systems rated the company C in Technicals, C in Growth, C in Low Volatility Momentum, and D in Quality Value. The stock closed up 0.36% to $22.58 on volume of 38,974 vs its 10-day price average of $22.47 and its 22-day price average of $23.06, and is up 15.79% for the year. Revenue grew 22.42% over the last three fiscal years, while operating income grew by 24.78% over the last fiscal year. EPS shrank by -266.6% in the last fiscal year. Revenue was $535.83M in the last fiscal year compared to $427.55M three years ago, Operating Income was $16.64M in the last fiscal year compared to $51.1M three years ago, EPS was $(0.39) in the last fiscal year compared to $0.99 three years ago, and ROE was (2.63%) in the last year compared to 7.19% three years ago. Forward 12M Revenue is expected to grow by 9.27% over the next 12 months and the stock is trading with a Forward 12M P/E of 10.45.

MORE FROM FORBESMotorcar Parts Of Amer (MPAA)

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