5 Stocks To Hedge Your Portfolio With Instead Of Bitcoin

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Here are 5 stocks to hedge your portfolio with instead of bitcoin:

Next on the Top Short list is Cocrystal Pharma Inc, a stock that has seen better days long term, but looks like a great opportunity to short after a recent spike higher. The stock is up 140.74% for the year so far and has been assigned factor scores of C in Technical, D in Momentum Volatility, and C in Quality Value. Operating Income grew by 2.2% over the last three fiscal years but was negative $M, compared to $M three years ago. Revenue was $6.56M in the last fiscal year.

Next on the Top Short list is Outlook Therapeutics Inc, a small-cap clinical stage biopharmaceutical company focused on developing and commercializing ONS-5010, a monoclonal antibody for various ophthalmic indications. However, the recent stock price surge of 31.43% should be shorted according to our AI-based factor scores of F in Technical, C in Growth, D in Momentum Volatility, and F in Quality Value. The financials are a mixed bag, with revenue growing by 68.

Last on the Top Short list today, and potentially least, is Surface Oncology Inc with factor scores of C in Technical, D in Momentum Volatility, and D in Quality Value. This small-cap company is a clinical stage immune-oncology company that is developing new therapies that modify the spaces in and around tumors, looking to sustain anti-tumor immune responses. The stock has been admirable year-to-date, gaining 132.09%, but our AI systems thinks the next leg is more likely to be lower.

 

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