AI Trading Ideas
AI Trading NASDAQ Thu, 08 Dec
Dear Reader,
FCEL is our featured asset today. If you had utilized our AI strategy to trade between 1999-11-15 and 2022-08-15, you would have achieved a staggering 7003.5% return. The average trade yielded 69.34% with a duration of 45.0 days in the long position. In total, 101.0 positions were taken over the period.
FuelCell Energy Inc. (FCEL) is a publicly-traded company that designs, manufactures, and sells fuel cell power plants worldwide. The company’s products are used in a variety of applications, including residential, commercial, industrial, and utility-scale power generation. FCEL’s main offering is its Proton Exchange Membrane (PEM) fuel cell systems, which use hydrogen and oxygen to produce electricity and heat. FCEL’s other offerings include molten carbonate fuel cell systems and solid oxide fuel cells. The company also offers services such as installation, maintenance, and fuel delivery services.
FCEL has experienced mixed results in recent years, with the company reporting losses in five of the past six years. In 2021, FCEL reported a net loss of $17.3 million, compared to a net loss of $14.1 million in 2020. The company’s stock price has responded accordingly, with FCEL shares falling from a high of $4.30 in 2019 to a low of $2.09 in 2021. Despite this, FCEL has a strong customer base, including some of the largest players in the energy industry, and it is well-positioned to benefit from a growing demand for clean energy technologies.
AI Trading NASDAQ Thu, 08 Dec buys
| Date | Symbol | Prediction | Model Accuracy | Price Target |
|---|---|---|---|---|
| 2022-11-03 | ZS | STRONGBUY | 0.72 | 157.09 |
| 2022-10-28 | ZS | WEAKBUY | 0.72 | 170.09 |
| 2022-10-10 | ZS | MEDIUMBUY | 0.72 | 157.18 |
| 2022-11-03 | RARE | STRONGBUY | 0.65 | 41.93 |
| 2022-11-03 | QRTEA | STRONGBUY | 0.77 | 2.45 |
| 2022-11-03 | FCEL | STRONGBUY | 0.67 | 3.21 |
| 2022-10-14 | FCEL | WEAKBUY | 0.67 | 3.14 |
| 2022-11-03 | CRUS | STRONGBUY | 0.67 | 68.78 |
| 2022-11-02 | CRUS | MEDIUMBUY | 0.67 | 70.90 |
| 2022-10-12 | CRUS | WEAKBUY | 0.67 | 68.09 |
AI Trading NASDAQ Thu, 08 Dec sells
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Back-testing and model summaries
| Symbol | From Date | To Date | Model Accuracy | Acc Profit/Loss | Avg Profit/Loss | Avg Days Invested | Total Positions |
|---|---|---|---|---|---|---|---|
| QRTEA | 2007-05-11 | 2022-08-16 | 77.0 | 1070.50 | 39.65 | 88.0 | 27.0 |
| ZS | 2018-09-10 | 2022-09-12 | 72.0 | 732.40 | 56.34 | 98.0 | 13.0 |
| CRUS | 1999-12-06 | 2022-08-25 | 67.0 | 2995.37 | 41.60 | 64.0 | 72.0 |
| FCEL | 1999-11-15 | 2022-08-15 | 67.0 | 7003.50 | 69.34 | 45.0 | 101.0 |
| RARE | 2014-03-12 | 2022-07-13 | 65.0 | 1241.70 | 53.99 | 76.0 | 23.0 |
Thanks for subscribing and happy investing!
The Third Perspective Team
