Good evening, everyone, and welcome to the Stocktwits Top 25 Newsletter for Week 17 in 2021.
The Stocktwits Top 25 reports the 25 best-performing stocks in the S&P 500, Nasdaq 100, and Russell 2000 year to date (YTD), and tracks their performances over time.
Here are your Stocktwits Top 25 Lists for Week 17:
ST Top 25 S&P 500
The ST Top 25 S&P 500 list closed green for the sixth week in a row. 20/25 names closed higher, 2 better than last week.
Capital One Financial climbed ~ 10% and claimed #10 as a Freshman. Read more below.
Diamondback Energy and Gap Inc swapped spots. $FANG moved from #4 to #2, while $GPS fell from #2 to #4.
5 Freshmen made the list. The companies include;
Capital One Financial, Devon Energy Corp, EOG resources, Simon Property Group, Under Armour Inc.
The Stocktwits Top 25 S&P 500 Momentum Meter gained 2.80% while the S&P 500 increased 0.02%. The 2.78% differential indicates top stocks outperformed the full index by a decent margin.
The Big Cap Nasdaq 100
The ST Top 25 N100 list lagged once again. 15 of the 25 names closed lower.
Facebook flew 8% after beating on top and bottom lines for Q1 earnings. It’s a Winner Below.
KLA Corp gave up 5% to become the list’s biggest loser. The semiconductor company reported Q3 earnings, see the results below.
Three Freshmen made the list. The names are Facebook, Trip Com Group, and Liberty Global plc.
The ST Top 25 Nasdaq 100 Momentum Meter lost 0.32% in Week 17 while the full Nasdaq 100 fell 0.58%. The 0.26% differential suggests the top stocks performed similar to the full index.
Small-Cap Russell 2000
The ST Top 25 R2K List backed up last week’s gain with more green.
6 names gained > 10%, there were 15 winners in all.
Safe Bulkers closed green everyday this week in line to gain 28%. $SB is up 8 out of the last 10 trading sessions, true strength.
$GME jumped 14.8% and $SAVA soared 18.2%, showing signs of life for the first time in weeks. Are these two back? Time will tell.
5 new stocks appeared on the ST Top 25 Russell 2000 list. The names include $SB, $SOLY, and $GPRE, $DVAX, $PRTA.
The ST Top 25 R2K Momentum Meter moved 4.04% higher while the Russell 2000 index lost 0.24%. The 4.28% differential shows the top stocks were much stronger than the full index.
ST Top 25 TOP DAWG OF THE WEEK 🐶
The ST Top 25 Top Dawg for Week 17, 2021 is #14 N100 – Facebook .
Facebook flew in Week 17 🚀. The social networking company spiked 8% to close at all-time highs. $FB is now ranked #14 on the ST Top 25 S&P 500 List as a Freshman.
EPS: $3.30 vs $2.37 est
Revenue: $26.2B, +94% YoY
Here’s what CEO Mark Zuckerburg had to say:
We had a strong quarter as we helped people stay connected and businesses grow… We will continue to invest aggressively to deliver new and meaningful experiences for years to come, including in newer areas like augmented and virtual reality, commerce, and the creator economy.
$FB is up 19% YTD.
The Winners 📈
△ #7 R2K – Safe Bulkers spiked 28% this week and debuted on the ST Top 25 R2K list in the #7 spot 👏. The Freshman is ranked inside the top-10 at #7.
$SB registered its third-straight weekly gain, an impressive April. This one is a sneaky trader, here’s the weekly chart:
On Friday the marine drybulk transportation provider announced it will release Q4 results after the market closes on Wednesday, May 5, 2021.
$SB is up 176% YTD.
△ #10 S&P 500 – Capital One Financial Corp released earnings last week and the stock surged 10%. The company reported record earnings per share and provisions for credit losses dropped $1.1 billion to $(823) million:
Here are the numbers:
EPS: $7.03 vs $5.04 est.
Revenue: $7.11B -1.9% YoY
Richard D. Fairbank, Founder, Chairman and Chief Executive Officer commented:
Strikingly strong credit drove another quarter of record earnings per share, and our investments to transform our technology and how we work are paying off. Our modern technology is powering our response to the pandemic, and putting us in a strong position for opportunities that emerge as sweeping digital change transforms banking.
△ #21 R2K – Green Plains Inc galloped 19% and was one of 5 freshmen on the ST Top 25 R2K list. The Omaha-based ethanol producer propelled higher after it announced additional locations for the world’s largest carbon capture and sequestration project.
$GPRE President and CEO, Todd Becker shared:
Expanding our partnership with Summit Carbon Solutions is critical to the ongoing transformation of our biorefinery platform. Dramatically lowering the carbon intensity of our plants is important to our Ultra-High Protein ingredients and renewable corn oil as customers are increasingly looking to improve the carbon footprint of their own products. The pure CO2 coming from our fermentation process is ideally suited for capture and long term sequestration and we believe this carbon reduction could earn additional income from low carbon fuel standard credits, 45Q tax credits and voluntary carbon credit markets as they develop in the future.
Green Plains will report earnings May 3rd before the bell.
The Sinners 📉
▼ #11 N100 – KLA Corp closed the week down 5% to finish a disappointing April. The semiconductor stock descended 3-out-of-5 days this week and moved 2 spots lower from #9 to #11 on the ST Top 25 N100.
Here’s the daily chart:
The company beat estimates on Thursday as earnings grew 56% YoY.
Here are the details:
EPS: $3.85 vs $3.59 est.
Revenue: $1.8B, +27% YoY
Rick Wallace, CEO of KLA Corporation said:
KLA’s March quarter results demonstrate strong momentum in our business. We have seen a sharp increase in business levels in each of our major end markets, driven by secular demand trends across a broad range of semiconductor markets and applications.
▼ #22 S&P 500 – Kansas City Southern closed lower every day last week.
The railroad was stuck in the middle of a buyout bidding war between Canadian National Railway and Canadian Pacific Railway.
In the end, Canadian National took the cake. KSU and CN will create— “the future of freight.”
But then today, Canadian Pacific filed an objection over Canadian National’s bid. Who knows when the drama will end.