Airtham: US "DO-NOT-BUY" List June 2024

Every month, Airtham's AI-Analyst examines all of the listed companies' data and produces a 1-year forecast. Companies that are assigned a negative outlook are excluded from any portfolio that Airtham generates. Backtests have shown that merely removing companies from a portfolio that have a poor outlook can improve returns. Applying the same to an index like the S&P 500 improves the index's returns as well.

The companies with a negative outlook belonging to the S&P 500 Top100 are shown below. These companies are good candidates to avoid from a portfolio until the outlook improves. The list includes “22” companies that have a negative 1-year outlook.