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Artificial Intelligence Identifies American Airlines Among Today’s Top Shorts

Optimism was the tale of the tape again today, amid news that half of the U.S. population is now fully vaccinated from COVID, with U.S. average daily cases falling below the 25,000-level. Bitcoin is also stabilizing and drove past the $40,000 mark again. Meanwhile, reopening plays moved the market, with stocks like Royal Caribbean gaining a whopping 11% week-to-date. Ford also rose more than 2% after pledging to increase its investment in EVs by $30 billion through 2025. This also comes on the heels of a landmark ruling by a Dutch court demanding oil giant Shell to cut carbon emissions by 45% no later than 2030. The Dow Jones rose 79 points, and the S&P 500 rose another 0.3% as it sat about 1.1% from yet another record high. Meanwhile, the Nasdaq also gained 0.3%. 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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American Airlines Group Inc (AAL)

American Airlines is our first Top Short today. American Airlines is the largest airline in the world in terms of number of passengers carried, fleet size, and scheduled passenger-kilometers. While the upside is evident for airline travel, due to pent-up demand, nobody truly knows when travel demand will return to pre-pandemic levels. Our AI systems rated American Airlines F in Technicals, F in Growth, F in Low Volatility Momentum, and F in Quality Value. The stock closed up 0.96% to $23.21 on volume of 50,630,540 vs its 10-day price average of $22.56 and its 22-day price average of $22.1, and is up 53.4% for the year. EPS grew by -19.81% in the last fiscal year. Revenue was $17337.0M in the last fiscal year compared to $44541.0M three years ago, Operating Income was $(11058.0)M in the last fiscal year compared to $3757.0M three years ago, and EPS was $(18.36) in the last fiscal year compared to $3.03 three years ago. Forward 12M Revenue is also expected to grow by 17.86% over the next 12 months.

MORE FROM FORBESAmerican Airlines Group (AAL)

Blink Charging Co (BLNK)

Blink Charging Co is our next Top Short today. Blink Charging Co provides fast, level 2 EV Charging Stations and Networks for both homes and businesses. 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 down 2.61% to $31.72 on volume of 1,530,503 vs its 10-day price average of $31.19 and its 22-day price average of $33.28, and is down 15.42% for the year. Revenue grew by 14.98% in the last fiscal year and grew by 166.67% over the last three fiscal years, while 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 also expected to grow by 17.76% over the next 12 months. 

MORE FROM FORBESBlink Charging (BLNK)

Boxlight Corp (BOXL)

Boxlight Corp is on our list of Top Shorts for the second time this week. Boxlight Corp is an education technology solutions provider for the global learning market. Our AI rated F in Technicals, F in Growth, F in Low Volatility Momentum, and F in Quality Value. The stock closed up 3.14% to $2.3 on volume of 3,383,425 vs its 10-day price average of $2.27 and its 22-day price average of $2.41, and is up 54.36% for the year. Revenue grew by 50.47% in the last fiscal year and grew by 118.26% over the last three fiscal years, Operating Income grew by -8.09% in the last fiscal year, and EPS grew by -3.06% in the last fiscal year and grew by -47.63% over the last three fiscal years. Revenue was $54.89M in the last fiscal year compared to $37.84M three years ago, Operating Income was $(7.9)M in the last fiscal year compared to $(7.0)M three years ago, EPS was $(0.39) in the last fiscal year compared to $(0.72) three years ago, and ROE was (44.44%) in the last year compared to (84.35%) three years ago. Forward 12M Revenue is also expected to grow by 2.39% over the next 12 months.

MORE FROM FORBESBoxlight (BOXL)

Mgm Resorts International (MGM)

Mgm Resorts International is our fourth Top Short today. Mgm Resorts is a holding company with casino resorts in Las Vegas such as the Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The company also owns and operates assets in China, and other regional facilities in the U.S. 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 up 1.13% to $42.21 on volume of 10,601,930 vs its 10-day price average of $39.48 and its 22-day price average of $40.1, and is up 42.12% for the year. Revenue was $4917.13M in the last fiscal year compared to $11337.6M three years ago, Operating Income was $(1969.35)M in the last fiscal year compared to $1330.94M three years ago, EPS was $(2.02) in the last fiscal year compared to $0.81 three years ago, and ROE was (10.99%) in the last year compared to 5.25% three years ago. Forward 12M Revenue is also expected to grow by 12.34% over the next 12 months. 

MORE FROM FORBESMGM Resorts (MGM)

Dave & Buster’s Entmt Inc (PLAY)

Restaurant/video game arcade hybrid Dave & Buster’s is our final Top Short today. This pure play on reopening, and unique chain, has about 137 locations across the US and Canada. Our AI systems rated the company D in Technicals, D in Growth, F in Low Volatility Momentum, and D in Quality Value. The stock closed down 1.21% to $40.99 on volume of 1,497,599 vs its 10-day price average of $42.23 and its 22-day price average of $43.9, and is up 51.76% for the year. Revenue was $436.51M in the last fiscal year compared to $1265.3M three years ago, Operating Income was $(239.88)M in the last fiscal year compared to $157.38M three years ago, EPS was $(4.75) in the last fiscal year compared to $2.93 three years ago, and ROE was (128.2%) in the last year compared to 28.96% three years ago. The stock is also trading with a Forward 12M P/E of 271.46.

MORE FROM FORBESDave & Buster’S Entmt (PLAY)

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