AI Spotlight: Rising Stars & $10 Stocks Set to Soar

The S&P 500 gyrated on Wednesday amid ongoing uncertainties surrounding President Donald Trump's controversial tariffs. The three major indexes moved between positive and negative territory throughout the day. If the averages close in the red, it would mark the third consecutive negative session for each.

As of 11:31 AM ET, the Dow was down -49.82 points, or -0.11717%, at $42471.17. The Nasdaq Composite lost -111.3 points, or -0.54686%, at $20241.227. The S&P 500 declined -23.32 points, or -0.40359%, at $5754.83. Among the 11 major S&P 500 sectors, 6 showed negative movement, with Energy leading the way with a 1.78% decrease.

A report on the health of the service sector, released Wednesday morning, came in slightly better than economists had expected, providing a brief boost to the market. However, the ADP private payroll report earlier in the day showed weaker-than-expected job growth, adding to the growing concerns that the economy may be cooling.

Top Movers: Under $10

Visionary Holdings Inc (GV) is up 78.29% today to trade at the current level of $2.30. This comes after the company announced externally that it has reached a financing consent letter worth $1 billion with the Alfardan Group of Qatar.

Chimerix Inc (CMRX) zoomed 69.76% in today’s trade to $8.42 following the announcement of Jazz Pharmaceuticals' $935 million acquisition deal, offering $8.55 per share in cash, with the transaction expected to close in Q2 2025.

In current trading, Chromadex Corp (CDXC) stock is at $8.86 following the release of its fourth quarter and fiscal year 2024 results.

CarParts.com Inc (PRTS) rose 35.43% in the early hours of today's trading to move at $1.19 after announcing that it is engaged in a process to explore strategic alternatives to maximize shareholder value, including a possible sale of the company, in response to inbound strategic inquiries the company has received.

In the current trading session, Silexion Therapeutics Corp (SLXN) jumped 28.38% to $1.42 over a previous close of $1.11 after announcing positive data from orthotopic pancreatic cancer models demonstrating that subcutaneously administered SIL204 effectively reduces both primary tumor growth and metastatic spread.

Ex-Dividends Stocks

Expedia Group Inc (EXPE) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.4 per share. It has fixed March 06 as the record date for the same and will pay the actual dividend on March 27. Last year, the company distributed a total of $N/A to its shareholders. Based on last year's worth of payments, EXPE has a trailing yield of N/A on the current stock price of $188.73.

Shares of Olin Corp (OLN) will be the talk of the stock market on Thursday as the stock will turn ex-dividend. The company's next dividend payment will be $0.2 per share, and in the last 12 months, it paid a total of $0.80 per share. Last year's total dividend payments show that OLN has a trailing yield of 3.30% on the current share price of $24.25.

Tomorrow, Vontier Corporation (VNT) is also set to go ex-dividend tomorrow. The next dividend payment from VNT will amount to $0.03 per share. March 06 has been designated as the record date for this dividend, with the actual payout scheduled for March 27. In the previous year, VNT distributed a total of $0.10 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for VNT stands at 0.29% based on the current stock price of $34.43.

Yum China Holdings Inc (YUMC) will be paying out a dividend of $0.24 per share to shareholders holding their shares as of the close of the business hours on the record date of March 06. Over the past 12 months, YUMC has paid out a total of $0.64 per share in dividends. Based on the total dividends paid out last year, YUMC boasts an impressive trailing yield of 1.28% on the current share price of $49.93.

Crypto Market Highlights

Rep. Mike Collins of Georgia announces his congressional campaign is now accepting cryptocurrency donations as of March 5.

Bybit confirms it proposed that DeFi protocol ParaSwap return fees earned from swaps made by the Lazarus Group using stolen digital assets.

Dubai is rapidly becoming a major blockchain hub, attracting crypto trading platforms, media companies, and decentralized exchanges (DEXs).

Bitcoin developer Blockstream secures a multibillion-dollar investment to launch three new institutional funds, including two for Bitcoin lending.

El Salvador President Nayib Bukele vows to continue buying Bitcoin despite a request from the International Monetary Fund to stop.

Most Shorted Stocks

Kohl's Corp (KSS) was one of the most shorted stocks as of latest short interest figures, with 43.38% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 5.0. This represents a change of 3620000 shares, which corresponds to a +8.35% increase in short interest. The total value of the shares held short is estimated to be around $528.3 million. The average daily volume stands at 8.14M shares, and the market capitalization of the company is $1.25B.

The Beyond Meat Inc with the symbol BYND currently has a short interest of 53.21%. The short interest has changed by 520000 shares. The days to cover ratio stands at 8.5. The estimated value of the shares held short is approximately $100.84 million. On an average day, 3.87M shares are traded, with the company's market capitalization totaling $241.83M.

For the stock Bluebird bio Inc (BLUE), the current short interest is at 28.27%. This represents a significant short interest change of 190000 shares, corresponding to a short interest percentage increase of +7.51%%. The days needed to cover the short positions amount to 5.6. The approximate worth of the shares held short is $10.69 million.

With the symbol SPCE, the stock currently has a short interest of 36.21%. The short interest change is 100000 shares, compared with a short interest percentage change of +1.03%%. It would take approximately 5.5 days to cover all the short positions. The shares short value is estimated to be around $9.44 million. The company boasts an average daily volume of 1.79M shares, contributing to a market capitalization of $123.46M.

The stock CLSK has a current short interest of 27.40%. The short interest percentage has experienced an increase of +0.73%% while there was a change of 540000 shares in short interest. The ratio indicating the time required to cover short positions is 2.5. The calculated worth of the shorted shares amounts to around $78.56 million. Trading activity averages at 27.39M shares per day, while the company's market capitalization stands at $2.25B.

AI Stocks to Watch

According to our ST Score evaluation, Verisk Analytics Inc (VRSK) emerges as a high-quality stock in the AI industry, attaining an impressive score of 63. The stock's profitability, performance, financial strength, and Piotroski Score are strong. Additionally, it is neutral in terms of growth, stock sentiment, and forecast.

Our ST Score also classifies Palantir Technologies Inc (PLTR) as a high-quality AI stock today, presenting a Score of 61. The stock has strong fundamentals in terms of profitability, performance, financial strength, and Piotroski Score. The growth, stock sentiment, and forecast are neutral.

Another stock in the category, Ansys Inc (ANSS) has the ST Score of 58, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, financial strength, and Piotroski Score but weak in growth. Stock sentiment, and forecast suggest a neutral outlook.

iRhythm Technologies Inc (IRTC) stock has the ST Score of 58 which implies that the AI company has a high probability of beating the market. The stock's strengths lie in its performance and financial strength. However, it shows a neutral outlook in profitability, growth, stock sentiment, Piotroski Score, and forecast.

Meta Platforms Inc (META) currently has the ST Score of 58, which signifies a huge upward potential. The AI stock's strong points are its profitability, performance, financial strength, and Piotroski Score, while its weak points are its growth. The stock's stock sentiment, and forecast indicate a neutral outlook.

That's it for today. Thanks for reading. Good luck out there!

Best Regards,

Stocks Telegraph Team

P.S. Want my daily watchlists sent to your cell phone too? Join our WhatsApp Exclusive Community for real-time alerts on hot stocks. Stay ahead with instant updates and exclusive insights!