It’s perfectly fine to believe in the clean energy movement. However, this doesn’t mean you should invest in California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) right now. Mullen Automotive has multiple problems that make MULN stock a no-go in 2023. Mullen Automotive offers impressive-looking EVs, but can the company offer value to its shareholders?
Stocks to sell
For Coinbase (NASDAQ:COIN) and Coinbase stock, the signs of impending doom could hardly be stronger or more obvious. The Securities and Exchange Commission has crippled other crypto exchanges that, like Coinbase, have defied it, and the agency has issued multiple warnings that it will take similar steps against Coinbase. Through many actions and statements, the Biden administration
In the aftermath of this month’s banking crisis, plenty of financial stocks appear appealing. However, far from bargains, many of these stocks are to be considered dividend stocks to avoid. Despite recent moves to rescue distress institutions, don’t assume this banking crisis is close to resolution. More firms could be direct/indirectly affected, resulting in further
Hope springs eternal, but it might be misapplied with electric vehicle manufacturer Lucid Group (NASDAQ:LCID). Sure, there was a quick rally in LCID stock recently, and the automaker appears to be wheeling and dealing in Saudi Arabia. This isn’t the right time to consider an investment in Lucid, however, as the company still has major issues.
Knowing when to sell a stock is important. Selling at the right time can ensure that your profits are maximized and help your portfolio’s profits compound over time. While there are many rules of thumb around when to sell a stock, a general rule is that it is a good idea to lock in your
Although electric vehicle stocks have become far less hot during this bear market, the pivot towards vehicle electrification keeps moving forward. Even so, that doesn’t mean every EV stock is a buy. In fact, there are plenty of names one should consider EV stocks to sell. Why? The overall trend may be favorable, but in the
While there’s something romantic about taking a shot on an underappreciated enterprise, a countervailing narrative also exists, which brings us to the topic of stocks to sell. To be sure, very few people enjoy discussing this subject (especially if you own the shares mentioned). However, it’s unavoidable. At some point, you’re going to have to
Investors right now are trying to separate the wheat from the chaff when it comes to artificial intelligence stocks. And with all the hype and hyperbole, it can be difficult to tell the legitimate AI stocks from the imposters. It seems that every company under the sun is promoting itself as having an AI application
Over the past year, traders have looked for SPACs to sell amid a terrible slump in the sector. But the mood may be changing given the level of destruction across the sector. After all, many of these formerly promising companies are now 70%-90% below the stock prices at which they merged. Surely, some of them
With the market just starting to recover, some overvalued tech stocks are starting to trade at a steep valuation. Moreover, the latest rate hike is already causing some pain in the market, and we might not yet be at the bottom. In my previous columns, I argued that tech stocks were deeply undervalued due to
Lately, it appears that Bed Bath & Beyond (NASDAQ:BBBY) has been following the playbook of many distressed publicly listed businesses. The company is seeking to enact a reverse split of BBBY stock. Furthermore, Bed Bath & Beyond is still pursuing its equity offering agreement even though the company’s shares are rapidly losing value. These measures are
If you’re on the prowl for penny stock bargains, Exela Technologies (NASDAQ:XELA) is a name you’ve likely come across. While facing a Nasdaq exchange delisting, for now XELA stock is, according to Finviz, one of the lowest-priced stocks listed on a major U.S. exchange. However, make no mistake, being one of the lowest-priced stocks does
Like with other financial stocks, the recent banking crisis has affected the performance of Ally Financial (NYSE:ALLY) stock. However, after plunging on the heels of many bank collapses, ALLY stock has found support. Growing speculation that legendary investor Warren Buffett’s firm, Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B), already a large Ally Financial shareholder, will make a takeover
Over the past couple of months, meme stocks have shown a sharp price increase. Some have risen in price several times despite the overall fall in the stock market caused by the release of data on rising inflation in the U.S. Retail investors massively bought shares of low-liquid companies, which led to a 2x-3x increase
We’ve already seen valuations drop in 2022, as investors priced in an economic slowdown. However, it’s unclear whether a full-on market crash is being priced into equity markets right now. Indeed, many pockets of the stock market are showing signs of life once again in 2023. Investors appear to be betting on the potential for the
It’s indisputable that electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) is eyeing the Saudi Arabian automotive market as a potential revenue source. Will this be enough to counterbalance Lucid’s problems at home in the U.S., though? Don’t get your hopes up, as major financial issues could weigh heavily on LCID stock in 2023. Lucid Group
C3.ai (NYSE:AI) has pulled back in recent weeks, but it’s fair to say that the market remains bullish on AI stock. Shares in this provider of enterprise artificial intelligence software bolted higher during January. That’s when investors, after Microsoft’s (NASDAQ:MSFT) reported $10 billion investment into ChatGPT developer OpenAI, started experiencing renewed excitement about the AI
When it comes to dividend investing, knowing which dividend stocks to sell can be more important than knowing which dividend stocks to buy. Buying stocks for income/yield can oftentimes be like trying to pick up pennies in front of a steamroller. Given how stocks bought primarily for their dividend can tank upon news of a dividend cut/suspension,
Many institutional and retail investors and traders often embrace fads for relatively short amounts of time. In other words, many entities will buy stocks within a “hot” category for six months to a year. Then they will rapidly sell the same equities as the Street becomes less enamored with the sector. In just the last
Lately, a lack of news has been good news for investors in Lucid Group (NASDAQ:LCID) stock, which plunged during late February and early March. This was primarily because of the electric vehicle maker’s release of disappointing quarterly results and guidance. However, since the middle of this month, LCID has found support, with the stock bouncing