As was widely expected, the U.S. Federal Reserve again raised interest rates, lifting its key rate by 25 basis points to a range of 5% to 5.25%. Interest rates in America are now at their highest level in 16 years. While higher rates might tame inflation in the long run, they are likely to slow
Stocks to sell
Block (NYSE:SQ), formerly known as Square, has multiple weaknesses and is facing a few very tough threats. Among the firm’s weaknesses are steep competition and potential share losses due to the growth of e-commerce. And on the threats front, the company is vulnerable to a likely collapse of the crypto sector and a regulatory crackdown
Block (NYSE:SQ), the payment processor formally known as Square, is down 7% on the year while shares in other payment processors, like Visa (NYSE:V), are up. Most of the damage was done by a March 24 report from short seller Hindenburg Research. The report claimed 40%-75% of Block’s users were fake, involved in fraud, or
When it comes to Lucid Group (NASDAQ:LCID) right now, all eyes are on the electric vehicle company’s upcoming earnings release on May 8. Some may be optimistic, but many are concerned that the release will result in LCID stock tanking. InvestorPlace contributor David Moadel sees this happening, as he argued last month. Mainly, because Lucid’s disappointing
Artificial intelligence (AI) stocks are one of the hottest trends of the year, and with good reason. Almost every week, it seems, we see some exciting new development with AI-powered text, images and even animation. But amid the hype, there are a number of overvalued AI stocks that are ripe for a sell-off. AI is
Henrik Fisker, CEO of electric vehicle manufacturer Fisker (NYSE:FSR), declared that his company has a “unique business model.” However, it’s not a proven business model yet. FSR stock looks risky in 2023 as Fisker’s ambitious goals don’t ensure financial or operational success in the U.S. or abroad. Fisker’s “unique” business model involves getting the Ocean electric
I have good news and bad news for the owners of Lucid (NASDAQ:LCID) stock. On the one hand, I’m pleased with the company’s decision to launch a unique electric vehicle, as I believe that being unique is one way to succeed in an extremely competitive niche. And there’s no doubt that the luxury EV sedan
One of the main draws of investing in a big company is security, so companies with a flimsy growth story or questionable financials make for blue-chip stocks to avoid. While a lot of the blue-chips out there come with somewhat of a too big to fail caveat, there are plenty that will be a drag
While not the most comfortable topic to discuss, with the fifth month of the year upon us, it’s time to discuss stocks to sell in May. If you’ve been around the market for a while, you probably heard the phrase, “Sell in May and Go Away.” It refers to the underlying month being a historically
China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO) has fierce competition, including from the likes of automotive giant Tesla (NASDAQ:TSLA). It’s going to be difficult for NIO stock investors to succeed this year, as Nio remains inflexible on EV prices. Plus, Nio’s margins are down, but the company’s capital outlays are rising sharply. Not all of the news
If you’re considering buying shares of electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) now, you have a lot to think about. It’s certainly encouraging that Mullen has a contract with the government of Washington, D.C. On the other hand, Mullen Automotive’s recent press release about possible stock manipulation is alarming. All in all, cautious investors
Given the S&P 500’s 7.3% year-to-date advance and the threat of a recession in the second half of the year or early 2024, overvalued S&P 500 stocks are more prevalent than investors realize. At the end of February, JPMorgan Chase strategists suggested that because of real interest rates, stocks were 2.5 times too expensive. “Risk-reward for
A month ago, it appeared as if GameStop (NYSE:GME) was more-than-able to hold on to its post-earnings gains from March, with GME stock holding tight in the low-$20s per share before making its next move higher. Unfortunately, that’s not how the situation has played out. Shares in the “meme stock king” have in recent weeks
Energy stocks to sell are making themselves more apparent. Many have been struggling to regain their footing, despite hopes that the Chinese reopening narrative would provide a much-needed boost. As oil inventories pile up and recession fears loom, investors must consider which energy stocks to sell to avoid potential losses. Long-term supply constraints indicate that
With the bankruptcy of the embattled enterprise Bed Bath & Beyond (NASDAQ:BBBY), it’s time to discuss the worst retail stocks to sell. Understandably, bearish discussions don’t go over so well in this era of toxic positivity. However, I look at this framework as being realistic. Investing is somewhat like baseball in that you can’t expect
The stock market is back on the upswing. Traders are feeling more optimistic, and perhaps with good reason. But this enthusiasm has run much too far in some sectors. These seven stocks to sell, in particular, are trading at prices far above levels that analysts consider to be reasonable. For this list, we’ll be using Morningstar
After continuing on their extended slide for much of April, Mullen Automotive (NASDAQ:MULN) stock has found some support in recent days. That’s not surprising, given there has been a spate of news/press releases regarding the electric vehicle maker that some regard as bullish for MULN stock. Unfortunately, when you dive into the details of these
Some analysts aren’t optimistic about electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN). Why is that? There are various reasons, but the concerns often revolve around Rivian Automotive’s vehicle production and deliveries, compared to the amount of money the company is actually making on those vehicles. If Rivian continues to burn cash and maintain unacceptably low
While not repeating the mantra that electric vehicles are the future can get you into trouble with the sector loyalists, we must at least agree that at least some enterprises deserve the title of worst EV stocks to sell. Fundamentally, while the underlying technology facilitates many opportunities, competition will likely be consolidated. It happened with
Without a doubt, some drivers and financial traders like electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID). However, not everyone expects LCID stock to gain value in the coming months. Lucid Group’s next earnings report, scheduled for May 8, could be a disaster. Plus, Lucid is preparing to launch an electric SUV, but there’s no guarantee that