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Cinemark Holdings Inc Ranked Among Today’s Top Shorts

Earnings, jobs, and the Delta variant remained on the minds of anxious investors as the Dow and S&P 500 remained within 1% of record highs, despite Monday’s sharp downwards reversal. The 10-year yield remained stable while oil prices fell, and the Dow Jones
DOW
gained 94 points, or 0.4%, the S&P 500 added 0.2%, and the Nasdaq
NDAQ
rose 0.1%. ​​Tesla
TSLA
rose more than 1% in early trading after it shook off the broader market and popped 3% on Monday. Simon Property
SPG
also gained 3% after the mall owner said sales rose 80% year-over-year and bounced back to pre-pandemic levels. There is uncertainty in the market right now. Yet, if you’re looking for a way to play 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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Cinemark Holdings Inc (CNK)

Cinemark Holdings
CNK
is our first Top Short of the day. The Texas based Cinemark owns and operates a chain of movie theatres. With the future of movie theatres in question, our AI systems rated Cinemark F in Technicals, D in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed down 1.22% to $15.34 on volume of 4,139,743 vs its 10-day price average of $16.02 and its 22-day price average of $17.5, and is down 5.07% for the year. Revenue was $686.31M in the last fiscal year compared to $3221.74 three years ago, Operating Income was $(590.82)M in the last fiscal year compared to $459.42M three years ago, EPS was $(5.25) in the last fiscal year compared to $1.83 three years ago, and ROE was (54.99%) in the last year compared to 15.3% three years ago. Forward 12M Revenue is also expected to grow by 35.35% over the next 12 months.

MORE FROM FORBESCinemark Holdings (CNK)

Las Vegas Sands Cor (LVS)

Las Vegas Sands Corp is our second Top Short today. Best known for its numerous properties in Macau and The Venetian and The Palazzo in Las Vegas, Las Vegas Sands Corp is the largest casino company in the world. Our AI systems rated the company C in Technicals, D in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed down 1.98% to $41.51 on volume of 10,970,880 vs its 10-day price average of $45.05 and its 22-day price average of $48.04, and is down 28.37% for the year. Revenue grew by 24.64% in the last fiscal year, Operating Income grew by -32.52% in the last fiscal year, and EPS grew by -20.52% in the last fiscal year. Revenue was $3612.0M in the last fiscal year compared to $13729.0M three years ago, Operating Income was $(1608.0)M in the last fiscal year compared to $3901.0M three years ago, EPS was $(2.21) in the last fiscal year compared to $3.07 three years ago, and ROE was (42.67%) in the last year compared to 41.07% three years ago. Forward 12M Revenue is expected to grow by 40.89% over the next 12 months, and the stock is trading with a Forward 12M P/E of 45.92.

MORE FROM FORBESLas Vegas Sands (LVS)

Inari Medical Inc (NARI)

Inari Medical Inc is our third Top Short today. Inari Medical is a medical innovator, with a suite of products aiming to extract large clots from large vessels without the need for thrombolytics or an ICU stay. Our AI systems rated the company D in Technicals, F in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed down 0.65% to $89.21 on volume of 215,934 vs its 10-day price average of $88.86 and its 22-day price average of $89.88, and is up 5.11% for the year. Revenue grew by 21.8% in the last fiscal year and grew by 2391.05% over the last three fiscal years, Operating Income grew by 14.56% in the last fiscal year and grew by -348.41% over the last three fiscal years, and EPS grew by 16.87% in the last fiscal year and grew by -115.7% over the last three fiscal years. Revenue was $139.67M in the last fiscal year compared to $6.83M three years ago, Operating Income was $19.76M in the last fiscal year compared to $(9.11)M three years ago, EPS was $0.27 in the last fiscal year compared to $(2.01) three years ago, and ROE was 12.74% in the last year. Forward 12M Revenue is expected to grow by 5.55% over the next 12 months, and the stock is trading with a Forward 12M P/E of 267.1.

Redfin Corp (RDFN)

Our fourth Top Short for the day is Redfin Corp. Redfin is a Seattle-based real estate brokerage, and operates with a unique business model. With Redfin’s business model, sellers pay Redfin a small fee to list the seller’s home, in addition to another small fee charged to the seller to compensate the brokerage representing the buyer. Customers who buy with Redfin are only charged 1% to list their home, and also receive a portion of the brokerage’s commission back (called the Redfin Refund). Our AI systems rated Redfin D in Technicals, F in Growth, D in Low Volatility Momentum, and F in Quality Value. The stock closed down 0.51% to $58.27 on volume of 727,245 vs its 10-day price average of $58.79 and its 22-day price average of $59.14, and is down 13.34% for the year. Revenue grew by 8.73% in the last fiscal year and grew by 97.86% over the last three fiscal years, Operating Income grew by 313.59% in the last fiscal year and grew by -168.8% over the last three fiscal years, EPS grew by -95.82% in the last fiscal year and grew by -98.01% over the last three fiscal years. Revenue was $886.09M in the last fiscal year compared to $486.92M three years ago, Operating Income was $7.31M in the last fiscal year compared to $(43.93)M three years ago, EPS was $(0.23) in the last fiscal year, compared to $(0.49) three years ago, and ROE was (3.85%) in the last year compared to (13.82%) three years ago. Forward 12M Revenue is also expected to grow by 8.3% over the next 12 months. 

MORE FROM FORBESRedfin (RDFN)

​​Roku Inc (ROKU)

Streaming media company Roku is our final Top Short today. Roku manufactures digital media players that now integrate with Smart TVs, and offer access to streaming media content from various online services. Our AI systems rated Roku A in Technicals, F in Growth, F in Low Volatility Momentum, and D in Quality Value. The stock closed down 1.62% to $421.37 on volume of 4,885,472 vs its 10-day price average of $444.01 and its 22-day price average of $431.79, and is up 32.55% for the year. Revenue grew by 14.25% in the last fiscal year and grew by 173.64% over the last three fiscal years, Operating Income grew by -646.67% in the last fiscal year and grew by -932.72% over the last three fiscal years and EPS grew by -716.7% in the last fiscal year, and grew by -1128.63% over the last three fiscal years. Revenue was $1778.39M in the last fiscal year compared to $742.51M three years ago, Operating Income was $(20.25)M in the last fiscal year compared to $(13.3)M three years ago, EPS was $(0.14) in the last fiscal year compared to $(0.08) three years ago, and ROE was (1.73%) in the last year compared to (4.46%) three years ago. Forward 12M Revenue is also expected to grow by 7.9% over the next 12 months. 

MORE FROM FORBESRoku

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