As I recently discussed, China-based electric vehicle maker Nio (NYSE:NIO) this week announced plans to slash vehicle prices. This has helped to provide a boost for NIO stock. Since the announcement, shares have made a nearly 20% move higher. As of this writing, Nio is back above $9 per share for the first time in
Stocks to sell
Previous bull runs in the crypto market made many folks rich, fast. And as with any get-rich-quick scheme, the bottom tends to fall out at some point. Last year, many speculators and those using leverage in the crypto markets got wiped out trading in ultra-risky cryptos. This year appears to be shaping up to be
You may think a call to “sell meme stocks now” is an overreaction. After all, a fair number of meme names have performed well lately, suggesting a “renaissance” of sorts for this investing trend. In fact, some long-standing meme plays have bolted higher, thanks to rising optimism that macro concerns like high inflation and high-interest
I can understand why many speculators remain interested in taking a chance with Mullen Automotive (NASDAQ:MULN) stock. Given the high levels of negative sentiment surrounding MULN stock, admittedly, it may not take much to shift said sentiment back to bullishness. Such a shift could lead to a big move higher for this risky electric vehicle
In early June, I read an article about Shark Tank star Barbara Corcoran’s thoughts about the current state of affairs for office space. “No one really believes it’s going to turn the corner,” Fortune reported Corcoran’s comments. “People are staying home. Our best office buildings in midtown Manhattan are 50% occupied, and in most major
Some investors are staying loyal to electric vehicle battery technology company QuantumScape (NYSE:QS) through the tough times. That’s a mistake, as I expect QS stock to continue on its downward trajectory. There’s at least one expert on Wall Street who shares my bearish outlook on QuantumScape. QuantumScape is attempting to develop the Holy Grail in the
In the stormy seas of the stock market, tech stocks have had quite the journey. Amidst the global pandemic, with the world cocooned at home, tech stocks are surging to multi-year highs. However, the narrative has taken a twist, and now, several tech stocks to sell are in the spotlight. U.S. tech stocks danced on
In the dynamic world of investing, it’s imperative to consider penny stocks to avoid . Investors frequently fall into the trap of equating low prices with low valuation or high upside potential. However, this equation might not hold water in the current market climate, with an alarming number of overvalued penny stocks with dubious upside potential.
A great way to play contrarian is by selling or shorting stocks that are perpetually bleeding and have little chance of making a recovery. There are many companies like Bed Bath & Beyond (OTCMKTS:BBBYQ) that are delaying their inevitable bankruptcy through share dilution and betting against these stocks can be extremely profitable if you choose
As we pass the halfway mark of 2023, it’s time to consider which stocks to sell in June. If investors continue to have trouble understanding whether the markets are due for another correction soon it’s for good reason. June tends to be a historically tough month for markets. That’s a negative. Yet, a potential Fed
You might not previously have thought of Meta Platforms (NASDAQ:META) as a direct competitor to Apple (NASDAQ:AAPL). Yet, they’re now rivals in a highly specialized technology hardware market. So, don’t rush in to buy META stock without weighing the implications of an ongoing battle between Meta Platforms and Apple. Meta Platforms can always fall back on
Easily one of the most uncomfortable topics, investors need to consider stocks to sell in June. Understandably, some folks are deeply attached to their favorite market ideas. However, the problem here is that by holding onto losing entities, the rest of your portfolio might suffer. Instead, market participants should take an emotionally agnostic approach to
Small-cap stocks, defined by a market capitalization between $300 million and $2 billion, can tempt investors looking for quick returns. However, these small-cap stocks to avoid can be incredibly volatile as they are lucrative, making them a potential danger zone for the unwary investor. In the ever-shifting tides of the stock market, it’s not uncommon
China-based electric vehicle maker Nio (NYSE:NIO) has been reluctant to slash vehicle prices. However, as recent news suggests, the company is changing its stance. This is, at writing, helping to push NIO stock higher, albeit slightly. But while the market is reacting favorably to this news, and although price war reluctance has been a big
Electric vehicle manufacturer Lucid Group (NASDAQ:LCID) is looking expand its horizons and conquer a well-populated nation. That’s definitely easier said than done, however. Despite Lucid Group’s enthusiasm, LCID stock could end up losing value because of the company’s new international venture. Of course, Lucid Group isn’t the first automaker, or even the first U.S. automaker, to
One prominent analyst recently declared that video game retailer GameStop (NYSE:GME) stock is “doomed.” That assessment might sound harsh, but GME stock traders need to consider GameStop’s problems. From frequent executive-level shakeups to dwindling sales, there are multiple reasons for investors to avoid GameStop in 2023. I’ll admit that I recently offered some “to-the-moon” motivation
One of the scariest things to do as an investor is to take a critical look at one’s portfolio. Indeed, scenario analysis can be important, to see how much downside potential certain holdings may have. And while predicting the future is essentially impossible, knowing which stocks are poised to plunge, if nothing changes, is important.
With the stock market rising quickly, many companies have become expensive. Understandably, investors are considering value stocks as an alternative to frothy growth picks. But not all cheap equities are created equal. In fact, in the case of these three overvalued value stocks to sell, the apparent discount is an illusion. That’s because these firms
It’s hard to believe, less than halfway into 2023 that investors are talking about tech stocks poised to plunge. That’s right; Wall Street is getting nervous about the tech rally we’re currently enjoying. JPMorgan (NYSE:JPM) chief global markets strategist Marco Kolanovic appeared on a CNBC interview on June 7, suggesting that tech stocks have gone
There are a few reasons to believe that now is the right time to readjust your portfolio away from certain overvalued stocks. For one, AI-heavy tech stocks are propping up a recent surge in the markets. That suggests that investors may soon pare off non-AI tech companies that remain overvalued, at any moment. Two, the summer