The bulls won out on Thursday, and stocks sharply recovered from yesterday’s gruesome sell-off. Despite more inflation signs to add to yesterday’s CPI, with producer prices in April jumping more than 6% from a year ago, investors shook it off. The Dow Jones rose 220 points, the S&P 500 jumped 0.8%, and the Nasdaq
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Ceva Inc (CEVA)
Ceva Inc is today’s first Top Buy. Ceva is a leading provider of ultra-low-power IP for vision, deep learning, audio, communication and connectivity. Our AI systems rated the company D in Technicals, D in Growth, D in Low Volatility Momentum, and D in Quality Value. The stock closed down 7.13% to $42.47 on volume of 244,897 vs its 10-day price average of $50.31 and its 22-day price average of $54.07, and is down 5.03% for the year. Revenue grew by 1.78% in the last fiscal year and grew by 31.12% over the last three fiscal years, while Operating Income grew by -43.64% in the last fiscal year and grew by -65.46% over the last three fiscal years. Revenue was $100.33M in the last fiscal year compared to $77.88M three years ago, Operating Income was $(0.76)M in the last fiscal year compared to $(1.25)M three years ago, EPS was $(0.11) in the last fiscal year compared to $0.03 three years ago, and ROE was (0.93%) in the last year compared to 0.23% three years ago. Forward 12M Revenue is expected to grow by 2.54% over the next 12 months, and the stock is trading with a Forward 12M P/E of 59.23.
American Airlines Group Inc (AAL)
Blink Charging Co (BLNK)
Blink Charging Co is our next Top Short for the second consecutive day. 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 7.5% to $28.75 on volume of 1,533,609 vs its 10-day price average of $33.52 and its 22-day price average of $35.22, and is down 23.34% for the year. 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.
Kirby Corp (KEX)
Reata Pharmaceuticals Inc (RETA)
Our final Top Short for the second day in a row is Reata Pharmaceuticals Inc
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