Top stocks for sale today as markets rise on anticipation of Biden stimulus

0
5

While inflation fears, political turmoil and alarming virus trends largely subdued stocks this week, stocks emerged on Thursday on good vaccine news and the planned unveiling of a larger economic stimulus package. wide led by Biden. Boeing
BA
and Intel
INTC
led the Dow up 150 points, or 0.5%, while the S&P 500 rose 0.2% and the Nasdaq
NDAQ
gained 0.4%. President-elect Joe Biden is expected to reveal a stimulus package that could reach $ 2 trillion on Thursday night and include larger direct payments to Americans, an expansion of increased unemployment insurance and support for state and local governments. Johnson & Johnson
JNJ
also revealed impressive data on its single-dose vaccine candidate. It also does not need to be stored at ultra-cold temperatures. A single-dose vaccine without rigid storage requirements could be a game-changer to come out of this pandemic. With all of this news, Q.ai’s deep learning algorithms analyzed the data to give you a set of Top Shorts. Our Artificial Intelligence (“AI”) systems evaluated each company based on technical parameters, growth, low volatility momentum and quality value to find the best short parts.

ALSO READ  Happy birthday, Bitcoin! 2021 is your year

Sign up for the free TBEN AI Investor newsletter here to join an exclusive community of AI investors and get high-end investment ideas before the markets open.

Bloomin ‘Brands Inc (BLMN)

Bloomin ‘brands
BLMN
is the first Top Short of the day for the second consecutive day. The restaurant holding company, best known for brands like Outback Steakhouse, Carrabba’s, Bonefish Grill and Fleming’s Steakhouse, has significant headwinds with further COVID surges and looming closings on the horizon. Stocks like this could benefit the most from massive vaccine deployments and further economic stimulus. Our AI systems rated Bloomin ‘C in technique, D in growth, F in low volatility momentum, and D in quality value. The stock closed 1.34% lower at $ 20.68 on volume of 1,585,425 from its 10-day average price of $ 19.93 and 22-day average price of $ 19.23, and is up 12.76% for the year. Revenue was $ 4,139.39M in last fiscal year compared to $ 4,223.14M three years ago, operating profit was $ 202.49M in last fiscal year compared to 190 , $ 83 million three years ago, EPS was $ 1.45 last year compared to $ 1.02 three years ago, and ROE was 115.47% last year compared to 74, 77% three years ago. 12M futures revenue is expected to grow 12.65% over the next 12 months, and the stock is trading with a 12M futures P / E of 28.85.

ALSO READ  Oversold Conditions for Gilead Sciences

MORE TBENBloomin ‘Brands (BLMN)

Cedar Fair-Lp (FUN)

Cedar Fair-Lp is our next Top Short for the third day in a row. Cedar Fair is a theme park and entertainment holding company best known for its Cedar Point theme park in Sandusky, Ohio. Our AI systems rated Cedar Fair D in technique, F in growth, and C in low volatility. The stock closed 0.1% lower at $ 41.81 on volume of 301,871 from its 10-day average price of $ 40.93 and 22-day average price of $ 39.54, and is up 5.47% for the year. Revenue was $ 1,474.92 million last fiscal year compared to $ 1,321.97 million three years ago, operating profit was $ 320.92 million last fiscal year compared to 306 .06M $ three years ago EPS was $ 3.03 last year and compared to $ 3.79 three years a year ago ROE was 1535.55% last year , compared to 300.39% three years ago. 12M futures revenue is expected to increase 346.91% over the next 12 months.

MORE TBENCedar Fair -Lp (FUN)

Fortress Trans Infrastr Invs (FTAI)

Fortress Transportation & Infrastructure Investors is our third Top Short for today. The company owns and acquires high-quality infrastructure and equipment essential to transporting goods and people around the world. Our AI systems rated the company as F in technique, F in growth, C in low volatility momentum, and D in quality value. The stock closed 2.31% higher at $ 23.0 on volume of 337,416 from its 10-day average price of $ 22.65 and 22-day average price of $ 22.79, and is up 1.1% for the year. Turnover increased by 144.36% in the last three years, operating profit increased by 23.79% in the last year, and increased by 1189.98% in the last three years , and EPS increased by 135,015.64% in the last three years. Revenue was $ 578.77 million in last fiscal year compared to $ 185.05 million three years ago, operating profit was $ 65.22 million in last fiscal year compared to $ 6.26 million three years ago, EPS was $ 2.59 last year compared to $ 0.0 three years ago, and ROE was 11.23% last year compared to (2.04%) three years ago. 12M futures revenue is expected to increase 24.57% over the next 12 months, and the stock is trading with a 12M futures P / E of 42.66.

MORE TBENFortress Trans Infrastr Invs (FTAI)

Park Hotels & Resorts (PK)

Park Hotels & Resorts is our next Top Short of the day. Park Hotels is a DC area-based REIT focused on investing in hotels and accommodations. Our AI systems rated Park C in technique, F in growth, C in low volatility momentum, and F in quality value. The stock closed 0.06% higher at $ 17.75 on volume of 2363.590 from its 10-day average price of $ 17.27 and 22-day average price of $ 17.19. , and is up 7.38% for the year. Sales were $ 2,830.0 million last fiscal year compared to $ 2,831.0 million three years ago, operating income was $ 446.0 million last year compared to 436 . $ 0 million three years ago, EPS was $ 1.44 last year compared to $ 12.21 three years ago, and ROE was 5.25% last year, up from 53, 78% three years ago. Futures revenue of 12 million is also expected to increase by 37.47% over the next 12 months.

MORE TBENPark Hotels & Resorts (PK)

Planet Fitness Inc (PLNT)

Our last crop top for today is Planet Fitness Inc
PLNT
. Planet Fitness is a franchisor and operator of gyms and fitness centers across America. In terms of membership and locations, it is one of the largest fitness club franchises in the country. Our AI systems rated company C in technique, D in growth, F in low volatility momentum, and D in quality value. The stock closed 1.23% lower at $ 82.72 on volume 1,386,872 from its 10-day average price of $ 79.21 and 22-day average price of $ 77.39, and is up 11.89% for the year. Revenue was $ 638.65 million last fiscal year compared to $ 429.94 million three years ago, operating profit was $ 234.73 million last fiscal year compared to $ 147.38 million three years ago, and EPS was $ 1.41 last year compared to $ 0.42 three years ago. 12M futures revenue is expected to grow 53.15% over the next 12 months, and the stock is trading with a 12M futures P / E of 62.97.

MORE TBENPlanet Fitness (PLNT)

Did you like what you have read? Sign up for our free TBEN AI Investor newsletter here to get AI-powered investment ideas every week. For a limited time, subscribers can join an exclusive slack group to get these ideas before the markets open.

.

LEAVE A REPLY

Please enter your comment!
Please enter your name here