top 5 Biotech Smart Picks & $10 Stocks on the Rise

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Stock prices slipped on Thursday, threatening to end the S&P 500’s three-day rally. The index had surged earlier in the week following a temporary pause in the ongoing tariff conflict between the Trump administration and China.

Investor sentiment improved after Treasury Secretary Scott Bessent met with Chinese counterparts over the weekend, easing fears of an imminent slowdown in economic activity and rising inflation. This optimism carried into Wednesday, helping both the S&P 500 and Nasdaq end the session in positive territory. 

On Thursday, traders digested fresh economic data, including an unexpected drop in wholesale prices. The Bureau of Labor Statistics reported that April’s producer price index fell 0.5% from the previous month, defying economists’ expectations of a 0.3% increase. Meanwhile, retail sales rose by 0.1%, in line with forecasts, and industrial production dipped slightly more than anticipated.

As of 11:34 AM ET, the Dow was up 85.94 points, or 0.2044%, at $42,137. The Nasdaq Composite lost -8.91 points, or -0.04%, at $21,310.3. The S&P 500 rose 4.24 points, or 0.07%, at $5,896.82. Among the 11 major S&P 500 sectors, 8 showed positive movement, with Consumer Defensive leading the way with a 1.48% increase.

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Top Movers: Under $10 

Click Holdings Ltd (CLIK) is up 149.25% today to trade at the current level of $0.70. This comes after a collaboration news with an advanced technology company under the Tencent SSV initiatives.

Oncology Institute Inc (TOI) zoomed 26.98% in today’s trade to $3.01. This rally can be attributed to release of its first quarter 2025 financial results.

In current trading, Lobo Ev Technologies Ltd (LOBO) stock is at $1.08 following news of reaching a $6 Million agreement to supply 5,000 EVs.

Bitcoin Depot Inc (BTM) rose 18.82% in the early hours of today's trading to move at $2.02. The strong performance of BTM stock came as investors were encouraged by a 19% Year-over-Year rise in Q1 revenue.

In the current trading session, scPharmaceuticals Inc (SCPH) jumped 20.98% to $2.71 over a previous close of $2.24 as the company reported a 93% annual revenue growth.

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Ex-Dividends Stocks

Whirlpool Corp (WHR) 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 $1.75 per share. It has fixed May 16 as the record date for the same and will pay the actual dividend on June 15. Last year, the company distributed a total of $7.00 to its shareholders. Based on the last year's worth of payments, WHR has a trailing yield of 8.37% on the current stock price of $83.68.

Another stock that is shelling out dividends tomorrow is Hershey Company (HSY), having a market capitalization of $33.25B. It will pay a dividend of $1.37 per share, the payment date of which is June 16. Currently, the stock is trading at a trailing dividend yield of 3.34%.

Shares of ArcelorMittal (MT) will be the talk of stock market on Friday as the stock will turn ex-dividend. The company's next dividend payment will be $0.23 per share, and in the last 12 months, it paid a total of $0.50 per share. Last year's total dividend payments show that MT has a trailing yield of 1.60% on the current share price of $31.18.

Cencora Inc (COR) is also set to go ex-dividend tomorrow. The next dividend payment from COR will amount to $0.55 per share. May 16 has been designated as the record date for this dividend, with the actual payout scheduled for June 02. In the previous year, COR distributed a total of $2.12 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for COR stands at 0.75% based on the current stock price of $281.67.

Equinor ASA ADR (EQNR) will be paying out a dividend of $0.27 per share to shareholders holding their shares as of the close of the business hours on the record date of May 16. Over the past 12 months, EQNR has paid out a total of $1.37 per share in dividends. Based on the total dividends paid out last year, EQNR boasts an impressive trailing yield of 5.86% on the current share price of $23.38.

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Crypto Market Highlights

  • Wintermute, a London-based crypto trading firm, has opened a New York office, joining other major crypto firms expanding into the US amid growing regulatory clarity for the Web3 industry.

  • A delay in Tether’s wallet blacklisting process enabled over $78 million in illicit funds to evade freezing, according to a report by blockchain compliance firm AMLBot.

  • Tether has minted $1 billion USDT on the Tron network, raising its authorized supply above Ethereum’s in the ongoing competition for stablecoin dominance.

  • AlAbraaj Restaurants Group, a publicly listed Bahraini catering firm, has implemented a Bitcoin treasury strategy and plans to explore Sharia-compliant financial products.

  • Stablecoins are gaining traction in traditional finance for improving collateral management and payment efficiency, though broader adoption may hinge on clearer regulatory guidelines.

Most Shorted Stocks

Core Laboratories Inc (CLB) was one of the most shorted stocks as of latest short interest figures, with 16.52% 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 15.8. This represents a change of 1,050,000 shares, which corresponds to a +15.89% increase in short interest. The total value of the shares held short is estimated to be around $90.08 million. The average daily volume stands at 501.67K shares, and the market capitalization of the company is $551.10M.

The Apogee Therapeutics Inc with the symbol APGE currently has a short interest of 28.66%. The short interest has changed by 750,000 shares. The days to cover ratio stands at 14.8. The estimated value of the shares held short is approximately $412.29 million. On an average day, 725.48K shares are traded, with the company's market capitalization totaling $2.36B.

For the stock BARK Inc (BARK), the current short interest is at 12.23%. This represents a significant short interest change of -360,000 shares, corresponding to a short interest percentage decrease of -2.73%. The days needed to cover the short positions amount to 15.7. The approximate worth of the shares held short is $16.05 million.

With the symbol ORIC, the stock currently has a short interest of 16.68%. The short interest change is -2,070,000 shares, compared with a short interest percentage change of -15.61%. It would take approximately 11.2 days to cover all the short positions. The shares short value is estimated to be around $59.83 million. The company boasts an average daily volume of 792.16K shares, contributing to a market capitalization of $330.91M.

The stock BMEA has a current short interest of 30.40%. The short interest percentage has experienced an increase of +3.53% while there was a change of 340,000 shares in short interest. The ratio indicating the time required to cover short positions is 14.5. The calculated worth of the shorted shares amounts to around $15.89 million. Trading activity averages at 706.64K shares per day, while the company's market capitalization stands at $53.54M.

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Biotech Stocks to Watch

According to our ST Score evaluation, Theratechnologies Inc (THTX) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 68. The stock's profitability, performance, growth, and financial strength are strong. However, its stock sentiment, and forecast are weak. Additionally, it is neutral in terms of Piotroski Score.

Our ST Score also classifies Oramed Pharmaceuticals, Inc (ORMP) as a high-quality Biotech stock today, presenting a Score of 66. The stock has strong fundamentals in terms of profitability, performance, growth, and financial strength. However, it has weak stock sentiment, and forecast. The Piotroski Score is neutral.

Another stock in the category, Pasithea Therapeutics Corp (KTTA) has the ST Score of 42, which means that the stock carries the potential for higher returns. The stock is strong in financial strength but weak in performance, growth, and Piotroski Score. Profitability, stock sentiment, and forecast suggest a neutral outlook.

Exelixis Inc (EXEL) stock has the ST Score of 54 which implies that the Biotech company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, and Piotroski Score, but its weaknesses are in its financial strength. However, it shows a neutral outlook in growth, stock sentiment, and forecast.

Novo Nordisk ADR (NVO) currently has the ST Score of 42, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, growth, and Piotroski Score, while its weak points are its performance, and financial strength. The stock's stock sentiment, and forecast indicate a neutral outlook.

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

Best Regards,

Stocks Telegraph Team

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