Tupperware Brands Among Today’s Top Shorts As The Dow, S&P 500, And Nasdaq Drop

While the markets closed higher Thursday and Friday last week, it was still to the downside after we saw increased volatility. Today’s market started out no different, with markets opening into the red across the board, with the Dow, S&P 500, and Nasdaq
NDAQ
all down about 0.3%. For crypto investors, over the weekend Elon Musk did some damage by starting a tweetstorm about Bitcoin’s energy usage and how it no longer is going to be accepted at Tesla
TSLA
because of it. While he appears to have not known this 2 months ago when he purchased about $2 billion worth, the shift is putting pressure on all of crypto to the tune of double digit losses. Will crypto be a leading indicator for the markets? Time will tell. If you’re looking for a way to hedge this market, 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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Blink Charging Co (BLNK) 

Blink Charging Co (BLNK) is today’s first Top Short. The company is an owner, operator, and provider of electric vehicle (EV) charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types. Our AI systems rated the company D in Technicals, F in Growth, F in Low Volatility Momentum, and C in Quality Value. The stock closed up 14.23% to $29.95 on volume of 3,898,592 vs its 10-day price average of $31.64 and its 22-day price average of $34.24, and is down 20.14% for the year. Revenue grew by 14.98% in the last fiscal year, and grew by 166.67% over the last three fiscal years. 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 expected to grow by 14.29% over the next 12 months.  

MORE FROM FORBESBlink Charging (BLNK)

Carvana Co (CVNA) 

Carvana Co is today’s second Top Short. Carvana brings auto shopping online in a compelling way, complete with financing and direct-to-your-door delivery. Our AI systems rated the company C in Technicals, F in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed up 6.1% to $237.53 on volume of 1,097,737 vs its 10-day price average of $254.04 and its 22-day price average of $268.37, and is up 0.53% for the year. Revenue grew by 20.53% in the last fiscal year and grew by 244.35% over the last three fiscal years, while Operating Income grew by -23.77% in the last fiscal year and EPS grew by -22.3%. Revenue was $5586.56M in the last fiscal year compared to $1955.47M three years ago, Operating Income was $(332.4)M in the last fiscal year compared to $(220.73)M three years ago, EPS was $(2.63) in the last fiscal year compared to $(2.03) three years ago, and ROE was (93.05%) in the last year compared to (100.5)% three years ago. Forward 12M Revenue is expected to grow by 5.93% over the next 12 months. 

MORE FROM FORBESCarvana (CVNA)

Maxar Technologies (MAXR)

Maxar Technologies is our next Top Short. The company is an integrated space and geospatial intelligence company with a full range of space technology solutions for commercial and government customers including satellites, Earth imagery, geospatial data and analytics. Our AI systems rated the company F in Technicals, D in Growth, F in Low Volatility Momentum, and C in Quality Value. The stock closed up is an integrated space and geospatial intelligence company with a full range of space technology solutions for commercial and government customers including satellites, Earth imagery, geospatial data and analytics, and is down 13.72% for the year. Revenue grew by 0.64% in the last fiscal year, while Operating Income grew by 15.69% in the last fiscal year and grew by -142.45% over the last three fiscal years. EPS grew by -120.03% over the last three fiscal years. Revenue was $1723.0M in the last fiscal year compared to $1804.0M three years ago, Operating Income was $51.0M in the last fiscal year compared to $(139.0)M three years ago, EPS was $4.99 in the last fiscal year compared to $(21.52) three years ago, and ROE was (5.42)% in the last year compared to (69.84)% three years ago. Forward 12M Revenue is expected to grow by 4.12% over the next 12 months, and the stock is trading with a Forward 12M P/E of 33.39.

MORE FROM FORBESMaxar Technologies (MAXR)

Net Element (NETE)

Net Element is our fourth Top Short today. The Florida-based company is a financial technology-driven group specializing in mobile payments and other transactional services in emerging countries and the United States. Our AI systems rated Net Element F in Technicals, F in Growth, F in Low Volatility Momentum, and D in Quality Value. The stock closed up 16.43% to $10.84 on volume of 335,510 vs its 10-day price average of $9.88 and its 22-day price average of $10.23, and is down 12.23% for the year. Revenue was $65.71M in the last fiscal year compared to $65.79M three years ago, Operating Income was $(4.49)M in the last fiscal year compared to $(4.33)M three years ago, EPS was $(1.34) in the last fiscal year compared to $(1.28) three years ago, and ROE was (183.25)% in the last year compared to (42.61)% three years ago. 

MORE FROM FORBESNet Element (NETE)

Tupperware Brands (TUP)

Tupperware Brands
TUP
 is today’s final Top Short. Tupperware is a global direct seller of innovative, premium products across multiple brands and categories through an independent sales force, through two major business segments: Tupperware and Beauty. Our AI systems rated Tupperware D in Technicals, C in Growth, D in Low Volatility Momentum, and C in Quality Value. The stock closed up 5.85% to $28.23 on volume of 722,030 vs its 10-day price average of $26.08 and its 22-day price average of $25.98, and is down 11.67% for the year. Revenue grew by 4.85% in the last fiscal year, Operating Income grew by 32.55% in the last fiscal year, and EPS grew by 44.44% in the last fiscal year. Revenue was $1740.1M in the last fiscal year compared to $2069.7M three years ago, Operating Income was $216.9M in the last fiscal year compared to $314.9M three years ago, EPS was $2.14 in the last fiscal year compared to $3.11 three years ago. Forward 12M Revenue is also expected to grow by 1.37% over the next 12 months and the stock is trading with a forward 12M P/E of 8.93. 

MORE FROM FORBESTupperware Brands (TUP)

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