Jobless claims came in worse than expected on Thursday. However, stocks, while mixed on Friday, are set to close out a solid positive week. Historically, April is a strong month for stocks. If this pace continues, we won’t be bucking that trend anytime soon. Although the 10-year yield ticked back up somewhat, causing tech stocks to slightly pull back, recovery stocks and cyclicals led the day. Carnival Corp rose 1.5% after receiving two analyst upgrades, General Electric
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Boxlight Corp (BOXL)
Boxlight Corp is our first Top Short today. Boxlight Corp is an education technology solutions provider for the global learning market. Our AI rated D in Technicals, F in Low Volatility Momentum, and F in Quality Value. The stock closed up 1.16% to $2.61 on volume of 1,462,627 vs its 10-day price average of $2.62 and its 22-day price average of $2.62, and is up 75.17% for the year. 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.
Liveperson Inc (LPSN)
Software company Liveperson Inc
Motorcar Parts Of Amer Inc (MPAA)
Motorcar Parts of America is our third Top Short today. The company is a global leader in the remanufacturing and supply of best-in-class under hood and under car components. Our AI systems rated Motorcar Parts of America C in Technicals, C in Growth, C in Low Volatility Momentum, and D in Quality Value. The stock closed down 1.12% to $22.0 on volume of 41,070 vs its 10-day price average of $22.51 and its 22-day price average of $23.05, and is up 12.82% for the year. Revenue grew by 22.42% over the last three fiscal years, Operating Income grew by 24.78% in the last fiscal year, and EPS grew by -266.6% in the last fiscal year. Revenue was $535.83M in the last fiscal year compared to $427.55M three years ago, Operating Income was $16.64M in the last fiscal year compared to $51.1M three years ago, EPS was $(0.39) in the last fiscal year compared to $0.99 three years ago, and ROE was (2.63%) in the last year compared to 7.19% three years ago. Forward 12M Revenue is expected to grow by 9.27% over the next 12 months, and the stock is trading with a Forward 12M P/E of 10.19.
Pinterest Inc (PINS)
Our next Top Short today is social media platform Pinterest
Plug Power Inc (PLUG)
Our final Top Short today is the much hyped Plug Power Inc
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