High Noon Picks: AI Stocks You Can't Afford to Miss Today!

On Wednesday, the S&P 500 exhibited minimal movement as Treasury yields retraced from recent multiyear highs, a response to unexpectedly weak job data.

Among sectors, consumer discretionary stood out as the top performer, surging by over 1%. Notably, Etsy and Tesla led the charge within this sector, both recording gains exceeding 2%.

While stocks briefly experienced a surge in the wake of the latest payroll data release on Wednesday, the numbers were underwhelming, with ADP reporting just 89,000 new private payrolls in the previous month.

This figure fell significantly short of the Dow Jones forecast of 160,000 and even lagged behind the upwardly revised 180,000 payroll additions reported for August.

With uncertainty lingering, investors are anxiously awaiting Friday's release of September's nonfarm payrolls data, hoping for further insights into the labor market's resilience.

As of 11:49 AM ET, the Dow was up 63.7109 points, or 0.193%, at $33066.09. The Nasdaq Composite added 154.9971 points, or 1.0641%, at $14720.613. The S&P 500 rose 18.6299 points, or 0.4405%, at $4248.08. Among the 11 major S&P 500 sectors, 8 showed negative movement, with Energy leading the way with a 1.62% decrease.

Top Movers: Under $10

Vivos Therapeutics Inc (VVOS) is up 116.92% today to trade at the current level of $0.40. This comes after the company announced two key strategic agreements that will expand Vivos’ current product line and are expected to create near term additional revenue opportunities.

Gaucho Group Holdings Inc (VINO) zoomed 49.73% in today’s trade to $2.83. The company unveiled its intention to list two of its Argentine retail properties, situated in San Rafael and Cordoba, for sale.

In current trading, VS MEDIA Holdings Limited (VSME) stock is at $4.61 after announcing its expansion into Macau, further solidifying its presence in the Asian market.

Pixelworks Inc (PXLW) rose 13.08% in the early hours of today's trading to move at $1.21. The company reported that its consolidated revenue for the third quarter is expected to increase 18% sequentially to approximately $16 million, driven by record mobile revenue.

In the current trading session, Hub Cyber Security Ltd (HUBC) jumped 12.05% to $0.22 over a previous close of $0.20 after announcing the strategic appointment of Mr.Noah Hershcoviz as Chief Strategy Officer and a member of the Company’s Board ofDirectors, effective immediately.

Ex-Dividends Stocks

Creative Media & Community Trust (CMCT) 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 $0.09 per share. The company has fixed October 09 as the record date for the same and will pay the actual dividend on October 23. Last year, the company distributed a total of $0.34 to its shareholders. Based on the last year's worth of payments, CMCT has a trailing yield of 8.03% on the current stock price of $4.24.

Another stock that is shelling out dividends tomorrow is Quest Diagnostics Inc. (DGX), having a market capitalization of $13.59B. It will pay a dividend of $0.71 per share, the payment date of which is October 23. Currently, the stock is trading at a trailing dividend yield of 2.24%.

Shares of Enerpac Tool Group Corp (EPAC) will be the talk of stock market on Thursday as the stock will turn ex-dividend. The company's next dividend payment will be $0.04 per share, and in the last 12 months, the company paid a total of $0.04 per share. Last year's total dividend payments show that EPAC has a trailing yield of 0.15% on the current share price of $26.80.

Gentex Corp. (GNTX) is also set to go ex-dividend tomorrow. The next dividend payment from GNTX will amount to $0.12 per share. October 06 has been designated as the record date for this dividend, with the actual payout scheduled for October 18. In the previous year, GNTX distributed a total of $0.48 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for GNTX stands at 1.52% based on the current stock price of $31.73.

Netapp Inc (NTAP) will be paying out a dividend of $0.5 per share to shareholders holding their shares as of the close of the business hours on the record date of October 06. Over the past 12 months, NTAP has paid out a total of $2.01 per share in dividends. Based on the total dividends paid out last year, NTAP boasts an impressive trailing yield of 2.68% on the current share price of $74.99.

Crypto Market Highlights

Most Shorted Stocks

Arcutis Biotherapeutics Inc (ARQT) was one of the most shorted stocks as of latest short interest figures, with 29.68% 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 13.1. This represents a change of 800000 shares, which corresponds to a +6.41% increase in short interest. The total value of the shares held short is estimated to be around $58.17 million. The average daily volume stands at 995.94K shares, and the market capitalization of the company is $269.87M.

The Eos Energy Enterprises Inc with the symbol EOSE currently has a short interest of 29.14%. The short interest has changed by 4500000 shares. The days to cover ratio stands at 3.8. The estimated value of the shares held short is approximately $81.2 million. On an average day, 9.82M shares are traded, with the company's market capitalization totaling $278.03M.

For the stock SpringWorks Therapeutics Inc (SWTX), the current short interest is at 30.24%. This represents a significant short interest change of 50000 shares, corresponding to a short interest percentage increase of +0.34%. The days needed to cover the short positions amount to 28.4. The approximate worth of the shares held short is $345.25 million.

The stock BIOL has a current short interest of 29.59%. The short interest percentage has experienced increase of +70.61% while there was a change of 114100 shares in short interest. The ratio indicating the time required to cover short positions is 0.8. Trading activity averages at 317.44K shares per day, while the company's market capitalization stands at $1.86M.

AI Stocks to Watch

According to our ST Score evaluation, Juniper Networks Inc (JNPR) emerges as a high-quality stock in the AI industry, attaining an impressive score of 52.0. The stock's profitability, and Piotroski Score are strong. However, its value, growth, and financial strength are weak. Additionally, it is neutral in terms of performance, stock sentiment, and forecast.

Our ST Score also classifies Sap SE ADR (SAP) as a high-quality AI stock today, presenting a Score of 52.0. The stock has strong fundamentals in terms of profitability, and Piotroski Score. However, it has weak growth, and financial strength. The value, performance, stock sentiment, and forecast are neutral.

Another stock in the category, Digital Realty Trust Inc (DLR) has the ST Score of 50.0, which means that the stock carries the potential for higher returns. The stock is strong in profitability, and growth but weak in value. Performance, financial strength, stock sentiment, piotroski score, and forecast suggest a neutral outlook.

Taiwan Semiconductor Manufacturing ADR (TSM) stock has the ST Score of 50.0 which implies that the AI company has a high probability of beating the market. The stock's strengths lie in its profitability, and stock sentiment, but its weaknesses are in its value, and financial strength. However, it shows neutral outlook in performance, growth, Piotroski Score, and forecast.

Salesforce Inc (CRM) currently has the ST Score of 50.0, which signifies a huge upward potential. The AI stock's strong points are its profitability, and Piotroski Score, while its weak points are its value, growth, and financial strength. The stock's performance, stock sentiment, and forecast indicate a neutral outlook.

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