Top Stocks To Short Today As Stimulus Hope Sends Markets Back Up

“I think the price of doing too little is much higher than the price of doing something big,” Treasury Secretary Janet Yellen said yesterday on the prospects of adding further stimulus to the economy. “We think that the benefits will far outweigh the costs in the longer run.” This is what Investors sure seemed to like that because on Friday, the minor cool-down we’ve seen this week ended. The Dow rose 55 points, while the S&P 500 advanced 0.25%, and the Nasdaq
NDAQ
led with a 0.5% gain. Although there are some concerns about rising bond yields, inflation, and disappointing jobless claims, the prospects of trillions of dollars in stimulus appear to outweigh all potential headwinds. 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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Greenbrier Cos Inc (The) (GBX)

Greenbrier Cos Inc is today’s first Top Short. Greenbrier Cos is heavily involved in the railroad industry, and builds, leases, repairs, supplies, and manages railcars in North America, South America, Europe, and the Middle East. Our AI systems rated the company D in Technicals, F in Growth, D in Low Volatility Momentum, and C in Quality Value. The stock closed down 3.06% to $44.36 on volume of 250,219 vs its 10-day price average of $43.47 and its 22-day price average of $39.93, and is up 26.17% for the year. Revenue was $2792.19M in the last fiscal year compared to $2519.46M three years ago, Operating Income was $148.43M in the last fiscal year compared to $208.62M three years ago, EPS was $1.46 in the last fiscal year compared to $4.68 three years ago, and ROE was 5.88% in the last year compared to 13.09% three years ago. Forward 12M Revenue is expected to grow by 9.66% over the next 12 months, and the stock is trading with a Forward 12M P/E of 65.65.

MORE FROM FORBESGreenbrier Cos (The) (GBX)

Square Inc (SQ)

Square Inc is our second Top Short. Square has been a crucial company during the pandemic and has kept many small businesses afloat. It is a financial services, merchant services aggregator, and mobile payment processor, and markets software and hardware payments products. It has also expanded into small business services. Our AI systems rated Square F in Technicals, D in Growth, F in Low Volatility Momentum, and D in Quality Value. The stock closed down 0.03% to $270.85 on volume of 7,187,621 vs its 10-day price average of $261.02 and its 22-day price average of $238.56, and is up 22.47% for the year. Revenue grew by 62.34% in the last fiscal year and grew by 245.58% over the last three fiscal years, Operating Income grew by -13.94% over the last three fiscal years, and EPS grew by -487.55% over the last three fiscal years. Revenue was $4713.5M in the last fiscal year compared to $2214.25M three years ago, Operating Income was $26.56M in the last fiscal year compared to $(54.21)M three years ago, EPS was $0.81 in the last fiscal year compared to $(0.17) three years ago, and ROE was 26.48% in the last year compared to (9.22%) three years ago. Forward 12M Revenue is expected to grow by 37.41% over the next 12 months, and the stock is trading with a Forward 12M P/E of 260.86.

MORE FROM FORBESSquare (SQ)

Wynn Resorts Ltd (WYNN) 

Wynn Resorts Ltd
WYNN
is our next Top Short. Wynn Resorts is a holding company, which engages in the development, ownership, and operation of casino resorts- primarily in Las Vegas and Macau. Until things get back to some more normalcy, businesses like this will not reach pre-pandemic levels. Our AI systems rated Wynn C in Technicals, F in Growth, F in Low Volatility Momentum, and D in Quality Value. The stock closed down 1.88% to $119.87 on volume of 2,009,156 vs its 10-day price average of $116.88 and its 22-day price average of $110.69, and is up 12.13% for the year. Revenue was $2095.86M in the last fiscal year compared to $6717.66M three years ago, Operating Income was $(1232.04)M in the last fiscal year compared to $1257.2M three years ago,EPS was $(19.37) in the last fiscal year compared to $5.35 three years ago, and ROE was (467.8%) in the last year compared to 55.52% three years ago. 

MORE FROM FORBESWynn Resorts (WYNN)

Ipg Photonics Corp (IPGP) 

Ipg Photonics Corp
IPGP
is our next Top Short. The company develops and manufactures a broad line of high-performance fiber lasers, fiber amplifiers and diode lasers  for diverse amounts of applications. Our AI systems rated Ipg Photonics C in Technicals, F in Growth, F in Low Volatility Momentum, and D in Quality Value. The stock closed down 2.3% to $232.12 on volume of 313,228 vs its 10-day price average of $243.23 and its 22-day price average of $240.49, and is up 6.37% for the year. Revenue was $1200.72M in the last fiscal year compared to $1459.87M three years ago, Operating Income was $231.51M in the last fiscal year compared to $517.26M three years ago, EPS was $2.97 in the last fiscal year compared to $7.38 three years ago, and ROE was 6.42% in the last year compared to 19.12% three years ago. The stock is also trading with a Forward 12M P/E of 45.25.

MORE FROM FORBESIPG Photonics (IPGP)

Zillow Group Inc (Z)

Our final Top Short for the day is Zillow
Z
. Zillow is a large online real estate marketplace looking for ways to increase its market share and diversify its business. Our AI systems rated Zillow A in Technicals, D in Growth, D in Momentum Volatility, and F in Quality Value. The stock closed down 4.48% to $181.25 on volume of 4,121,838 vs its 10-day price average of $176.48 and its 22-day price average of $156.92, and is up 38.6% for the year. Revenue was $3339.82M in the last fiscal year compared to $1333.55M three years ago, Operating Income was $40.91M in the last fiscal year compared to $(45.63)M three years ago, EPS was $(0.72) in the last fiscal year compared to $(0.61) three years ago, and ROE was (3.96%) in the last year compared to (4.04%) three years ago. The stock is also trading with a Forward 12M P/E of 201.54.

MORE FROM FORBESZillow Group (Z)

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