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Feelin' Blue: Top Trending Russell 1000 Stocks by Negative Sentiment

Jun 06, 2019

Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions
Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions

 

  • We crunch the sentiment data and these are the TOP TRENDING stocks by NEGATIVE SENTIMENT

 

Russell 1000 Stocks Trending by Negative Sentiment

Name Ticker Sector Industry Primary Rating Secondary Rating
PG&E Corporation PCG Utilities Electric Utilities Unattractive -
The Boeing Company BA Industrials Aerospace and Defense Unattractive Unattractive
H&R Block, Inc. HRB Consumer Discretionary Specialized Consumer Services Attractive Attractive
Norwegian Cruise Line Holdings Ltd. NCLH Consumer Discretionary Hotels, Resorts and Cruise Lines Attractive Top Buy
The Goodyear Tire & Rubber Company GT Consumer Discretionary Tires and Rubber Unattractive Neutral
Southwest Airlines Co. LUV Industrials Airlines Neutral Top Buy
Ford Motor Company F Consumer Discretionary Automobile Manufacturers Neutral Attractive
American Homes 4 Rent AMH Real Estate Residential REITs Top Short -
Tesla, Inc. TSLA Consumer Discretionary Automobile Manufacturers Top Buy Neutral
American Airlines Group Inc. AAL Industrials Airlines Neutral Top Buy

Source: Capital IQ

Select Highlights:
 

  • Interesting 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 wildfire that tore through California in late 2018. Clearly negative sentiment has prevailed through 2019 for PG&E -- most recently, Bloomberg reported that PG&E is planning to settle claims related to the wildfire for $11 billion.  
     
  • Not surprised to see that Boeing (BA) is also a top trending stock by negative sentiment after the aerospace and defense company’s 737 Max commercial aircraft crashed earlier in 2019, killing all 157 people on board. Boeing’s overall negative sentiment is being driven by a negative Entity Sentiment score, indicating negative sentiment surrounding the general Boeing company rather than specific stories or events.  
     
  • H&R Block Inc. (HRB) is a standout when looking at its underlying sentiment scores. H&R Block has the second-worst Article Count and the fifth-worst Event Sentiment scores among Russell 1000 constituents. H&R Block’s overall sentiment score is aided, however, by a fairly positive Entity Sentiment score.  
     
  • The Goodyear Tire & Rubber Company (GT) may have the worst underlying sentiment metrics with the company in the bottom five in terms of Event Sentiment, Story Sentiment, and Article Count among Russell 1000 stocks. Similarly to H&R Block, however, Goodyear’s Entity Sentiment score is relatively positive, aiding the company’s overall sentiment score.  
     
  • American Homes 4 Rent (AMH) is a REIT that acquires, develops, renovates, leases, and operates single-family homes across 22 states in the United States. As the only “Top Short” rated stock highlighted above, American Homes 4 Rent is our highest conviction short idea highlighted in this post.

 

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