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Top Shorts Sprint (S) and Boeing (BA) are Top Trending Stocks by Negative 1-Month Sentiment

May 21, 2019

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Top Russell 1000 Stocks Trending by Negative 1-Month Sentiment

Name Ticker Sector Industry Primary Rating Secondary Rating
PG&E Corporation PCG Utilities Electric Utilities Neutral -
H&R Block, Inc. HRB Consumer Discretionary Specialized Consumer Services Neutral Attractive
Harley-Davidson, Inc. HOG Consumer Discretionary Motorcycle Manufacturers Unattractive Neutral
Sprint Corporation S Communication Services Wireless Telecommunication Services Top Short Top Buy
Cognizant Technology Solutions Corporation CTSH Information Technology IT Consulting and Other Services Attractive Attractive
ManpowerGroup Inc. MAN Industrials Human Resource and Employment Services Neutral Neutral
Brunswick Corporation BC Consumer Discretionary Leisure Products Attractive Neutral
The Boeing Company BA Industrials Aerospace and Defense Top Short Unattractive
Tesla, Inc. TSLA Consumer Discretionary Automobile Manufacturers Unattractive Neutral
Cognex Corporation CGNX Information Technology Electronic Equipment and Instruments Neutral Neutral
Six Flags Entertainment Corporation SIX Consumer Discretionary Leisure Facilities Neutral Neutral

 

The above stocks are top trending Russell 1000 stocks by negative sentiment over the last month.  
 

  • Not surprising to see that PG&E Corporation (PCG) tops the list of stocks by negative sentiment above. PG&E faced a slew of negative press as it faced accusations that its equipment started the Campfire wildfire that tore through California in late 2018. More recently, however, Cal Fire officially concluded last week that PG&E equipment directly caused the deadliest wildfire in California state history.
     
  • H&R Block, Inc. (HRB) is the provider of assisted income tax return preparation, do-it-yourself tax solutions, and other services related to income tax returns primarily for the general public.
  • H&R Block would be the top Russell 1000 stock by negative 1-month sentiment if not for its mediocre Entity Sentiment Score -- in the categories of negative 1-month Event Sentiment, Story Sentiment, and Article Count, however, H&R Block is a top 5 company.
     
  • Sprint Corporation (S) provides consumers, business, government entities, and resellers primarily in the US with wired and wireless communications products and services.
  • Sprint is dragged down largely by its negative Article Count score. Interestingly enough with Sprint, our US Large-Cap model ranks the stock as “Top Short” while our US Information Technology model ranks the stock as “Top Buy”, so we’re not able to reach much of a conclusion here.
     
  • The Boeing Company (BA) and its subsidiaries develop, manufacture, service, and sell commercial aircrafts, military aircrafts, satellites, missile defense systems, human space flight technologies, and services to customers across the globe.
  • As the only other Top Short stock highlighted above with negative 1-month, Boeing is our highest conviction short idea among those highlighted above.
     
  • Not shocking to see Tesla, Inc. (TSLA), the designer, developer, manufacturer, and seller of electric vehicles and energy generation/storage systems to customers across the globe, highlighted as a top Russell 1000 stock by negative 1-month sentiment.
  • Over the last few weeks, Tesla has faced a slew of negative factors on its stock price including an earnings miss, negative press, and a plethora of analyst downgrades.
     
  • Six Flag Entertainment Corporation (SIX), the owner and operator of 25 regional theme parks and water parks that span across North America, rounds out our list of top Russell 1000 stocks by negative 1-month sentiment.
  • If not for its average Entity Sentiment score, Six Flags would easily be the top Russell 1000 stock by negative 1-month sentiment -- Six Flags has the worst Article Count score, the fourth-worst Event Sentiment score, and the fifth-worst Story Sentiment score among Russell 1000 Index constituents.

 

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