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Top Stocks To Short Today As Rising Bond Yields Send Stocks Down

Growth stocks, especially tech, continued to be spooked by rising bond yields. Although the Fed still plans on keeping its target interest rate low, rising bond yields could hurt high-growth companies that rely on low borrowing rates. It could also be an ominous sign for the return of inflation. While COVID cases continue to trend downwards, and the vaccines continue to chug along, this could now potentially be the biggest risk to equities. With the 10-year hitting its highest level in over a year, the road back to normalcy is both a blessing and a curse. The Dow Jones dropped 120 points, the S&P 500 fell 0.7%, led by tech and consumer discretionary, and the Nasdaq
NDAQ
declined 1.1%. 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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Greenbrier Cos Inc (The) (GBX)

Greenbrier Cos Inc is today’s first Top Short for the second day in a row. Greenbrier Cos is heavily involved in the railroad industry, and builds, leases, repairs, supplies, and manages railcars in North America, South America, Europe, and the Middle East. Our AI systems rated the company D in Technicals, F in Growth, D in Low Volatility Momentum, and C in Quality Value. The stock closed up 2.75% to $45.58 on volume of 218,472 vs its 10-day price average of $44.13 and its 22-day price average of $40.32, and is up 29.64%  for the year. Revenue was $2792.19M in the last fiscal year compared to $2519.46M three years ago, Operating Income was $148.43M in the last fiscal year compared to $208.62M three years ago, EPS was $1.46 in the last fiscal year compared to $4.68 three years ago, and ROE was 5.88% in the last year compared to 13.09% three years ago. Forward 12M Revenue is expected to grow by 9.66% over the next 12 months, and the stock is trading with a Forward 12M P/E of 67.46.

MORE FROM FORBESGreenbrier Cos (The) (GBX)

Louisiana-Pacific Corp (LPX)

Louisiana-Pacific Corp
LPX
 
is our next Top Short. Louisiana-Pacific is a building materials manufacturer, and pioneered the U.S. production of oriented strand board panels. 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 up 5.25% to $47.29 on volume of 2,081,330 vs its 10-day price average of $43.5 and its 22-day price average of $41.49, and is up 28.05% for the year. Revenue was $2788.0M in the last fiscal year compared to $2828.0M three years ago, Operating Income was $666.0M in the last fiscal year compared to $540.0M three years ago, EPS was $4.46 in the last fiscal year compared to $2.73 three years ago, and ROE was 44.28%  in the last year compared to 24.15%  three years ago. The stock is also trading with a Forward 12M P/E of 7.69.

MORE FROM FORBESLouisiana-Pacific (LPX)

Olin Corp (OLN)

Olin Corp
OLN
 
is today’s next Top Short. Olin Corp is a manufacturer of ammunition, chlorine, and sodium hydroxide. Our AI systems rated the company B in Technicals, D in Growth, F in Low Volatility Momentum, and D in Quality Value. The stock closed up 6.77% to $29.98 on volume of 1,197,778 vs its 10-day price average of $28.6 and its 22-day price average of $27.02, and is up 23.48%  for the year. Revenue was $5758.0M in the last fiscal year compared to $6946.1M three years ago, Operating Income was $(19.8)M in the last fiscal year compared to $604.5M three years ago, EPS was $(6.14) in the last fiscal year compared to $1.95 three years ago, and ROE was (50.13%) in the last year compared to 11.74% three years ago. The stock is also trading with a Forward 12M P/E of 28.98.

MORE FROM FORBESOlin (OLN)

Seaworld Entertainment Inc (SEAS)

Seaworld Entertainment Inc
SEAS
 
is our fourth Top Short. Seaworld Entertainment is best known for its theme parks and water parks, most notably SeaWorld and Busch Gardens. The company owns and operates twelve locations in the United States. Our AI systems rated Seaworld Entertainment C in Technicals, F in Growth, D in Low Volatility Momentum, and D in Quality Value. The stock closed up 6.81% to $38.92 on volume of 1,175,080 vs its 10-day price average of $35.25 and its 22-day price average of $32.54, and is up 28.41% for the year. Revenue was $1398.24M in the last fiscal year compared to $1263.32M three years ago, Operating Income was $273.38M in the last fiscal year compared to $80.97M three years ago, EPS was $1.1 in the last fiscal year compared to $(2.36) three years ago, and ROE was 37.59% in the last year compared to (54.06%) three years ago. Forward 12M Revenue is also expected to grow by 111.79% over the next 12 months.

MORE FROM FORBESSeaworld Entertainment (SEAS)

Weyerhaeuser Co (WY)

Weyerhaeuser Co is today’s final Top Short. The company engages in the manufacture, distribution and sale of forest products. Our AI systems rated the company B in Technicals, D in Growth, C in Low Volatility Momentum, and F in Quality Value. The stock closed up 3.49% to $34.99 on volume of 4,216,614 vs its 10-day price average of $34.57 and its 22-day price average of $33.69, and is up 6.64% for the year. Revenue was $7532.0M in the last fiscal year compared to $7476.0M three years ago, Operating Income was $1578.0M in the last fiscal year compared to $1146.0M three years ago, EPS was $1.07 in the last fiscal year compared to $0.99 three years ago, and the ROE was 9.43% in the last year compared to 8.34% three years ago. The stock is also trading with a Forward 12M P/E of 20.08.

MORE FROM FORBESWeyerhaeuser (WY)

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