Stocks to sell

Sometimes, I’ll root for an underdog. However, I just can’t get behind electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) in 2023. LCID stock has been a poor performer and could easily continue to lose value this year. I’m not the only commentator who’s concerned about Lucid Group’s future prospects. As we’ll see, at least one expert

The stock market has been on a roller coaster ride in 2023, with the S&P 500 experiencing several sharp swings in both directions. As of early this week, the benchmark index was up 16.9% year-to-date (YTD) but down 2.6% from its annual high in July. The main drivers of the market volatility have been inflation,

If you’re an income investor, then you’re probably aware of the benefits of investing in real estate investment trusts, or REITs. But not all REITs are good buys. There are unfortunately several F-rated REITs to sell from which you need to steer clear. REITs are popular with income investors because they have a structure that’s

As many remember, both in their minds and pockets, Brent crude prices reached a decade-high last year, impacting oil prices globally. In 2023, global crude prices thankfully moderated in the first half. But with both Saudi Arabia and Russia extending their oil production cuts until the end of the year and U.S. oil reserve figures

Metaverse stocks emerged with a bang a couple of years ago. In fact, Mark Zuckerberg even changed the name of his social media company to Meta Platforms (NASDAQ:META), cementing the idea that the metaverse would be the destination of the future. And yet, there’s little sign of much follow-through on the concept today. So far,

While no participating entity in the capital markets is infallible, retail investors may nevertheless find comfort in targeting opportunities – or exiting from them as is the case here – based on unusual options activity. For this edition, we’ll be exploring stocks to sell based on the rumblings printed by the so-called smart money. To

Sometimes, even the most promising growth stories can have unfortunate endings. China-based electric vehicle manufacturer Nio (NYSE:NIO) has come a long way during the past several years. Yet, Nio’s recent financial and operational data don’t support a long position in NIO stock right now. Plus, Nio is embarking on a business venture that could turn out

Some penny stocks go on to deliver huge returns for their owners. Most, however, do not. After all, companies usually end up in penny stock territory because something dramatic has gone wrong with their business model. At times, these issues can be resolved. In others, however, little chance of a revival exists due to a

The market is giving investors mixed signals. But this is a time when what’s happening on Main Street differs from what’s happening on Wall Street. There are crystal clear signs that the consumer is losing steam. This makes it time to look at consumer stocks to sell.  Companies are reporting that consumers are pulling back

Investing in companies you know and understand is the best advice I learned when I started to invest. Familiarity with due diligence made the stock-picking process faster and more manageable. And, helped me to avoid investing into stocks to sell. However, knowing the company name alone isn’t the only deciding factor to invest in stocks

Just as there are REITs to buy, there are REITs to sell in September. Some of these stocks are no longer in favor due to changes in how we fundamentally navigate through society. One example is the shrinkage of mall foot traffic in favor of e-commerce. Others deserve this title since they’re inherently risky with

One of the more impressive winners in this year’s AI-driven rally has been Palantir Technologies (NYSE:PLTR). Palantir stock has surged nearly 140% since the beginning of the year on the back of impressive earnings and even more impressive expectations upgrades.  Of course, most investors know that the launch of ChatGPT in November 2022 sparked a rise in

With inflation persistently bringing costs higher and a recession looking likely, it’s easier to find retail stocks to sell rather than buy. Any company that was struggling with stagnating growth or shaky financials is probably entering a tailspin in current conditions. Retailers tend to feel the sting of a recession more acutely than other companies

Tech stocks have had a solid 2023, with the large-cap firms putting in especially strong numbers year-to-date (YTD). However, there are problems on the horizon. Consumer electronics demand has fallen, with products such as smartphones and TVs seeing a sizable decline from 2021 levels. The Federal Reserve continues its tight monetary policy, and interest rates

Telecom investors sometimes look for high dividend yields. However, dividends aren’t much of a consolation prize if the stock price declines. This could happen with Verizon Communications (NYSE:VZ) stock in 2023’s second half. And frankly, Verizon’s dividend payments might not even be sustainable in the long run. We previously tried to warn people about the Verizon

As a form of value exchange, many cryptocurrencies and blockchain-based digital assets provide value. Smart contracts paved the way for a whole range of decentralized applications, which provide value to millions of users each and every day. While investors may easily support certain conceptual growth features of blockchain technology and the cryptocurrencies that arose out

Due to what could be an unsustainable rally for equities, you may be looking for Nasdaq stocks to sell now. We’ve had an incredible run this year, but there are some additional indiciations that our luck has come to an end. The economy is throwing mixed signals with softer job numbers than expected. Additionally, the

Investing in biotech stocks is not for the meek. Losses can be very large and occur very quickly. In fact, I’ve uncovered seven of the top biotech stocks to sell as we get into the final months of the year.  Some of the top ones include: Biotech Stocks to Sell: HOOKIPA Pharma (HOOK) Source: shutterstock.com/Black

If you’re wondering what airline stocks to sell this month, look no further. The airline industry remains in a tricky spot. On one hand, the industry is recovering from the ravages of the Covid-19 pandemic when all carriers had their operations completely shut down for a time and then were forced to operate for an

Predicting the trajectory of bank stocks in 2023 has been incredibly challenging. The unnerving sight of bank runs just a few months ago was a stark reminder of the unpredictable waters this sector is treading. Though high bond yields have cast shadows over stock markets globally, the financial sector has been hit the hardest, prompting

Many view the 30 stocks that comprise the Dow Jones Industrial Average as safe, solid “blue-chip” stocks that will never drop a great deal. For example, the business news company Kiplinger wrote: “The Dow Jones Industrial Average comprises 30 blue-chip stocks that are tops in their industries.” But, as often occurs, reality and conventional wisdom

Energy stocks are an essential addition to an investor’s diversified portfolio. They garner exposure to different market areas and may offer unique opportunities for significant returns. For example, while most stock market sectors struggled during 2022 when the world was getting back on track following the pandemic, the energy sector saw exponential growth. Oil prices

Sometimes I really question why we’re still talking about meme stocks. When will investors learn that the unpredictable nature of meme stocks nearly always makes them a bad investment choice? Meme stocks really took off during the Covid-19 pandemic. Investors had nothing else to do except stay home and play around on their phones and

Homeownership is a fundamental aspiration which remains a lifelong goal for many. Thus, homebuilder stocks offer promising opportunities for investors and home buyers alike. Indeed, amid this year’s market turmoil, homebuilder stocks have stayed strong, despite predicted market troubles. Even still, lagging indicators may now be reflecting reality. The bullwhip effect, triggered by consumer demand

With another earnings season dying down, investors may be reviewing how their given holdings performed over this past quarter. One meme stock that has been on the downtrend in recent weeks after reporting earnings is Palantir Technologies (NYSE:PLTR). Shares of PLTR stock dropped 5% on August 8 following its Q2 earnings release, and have continued

With just a month left before the final calendar quarter of 2023 begins, now may be a time to consider stocks to sell in Autumn. I know – it’s not the most pleasant of topics. As well, you’re going to want to apply caution with this fall stock clean-up list. It can be an astute

Quantum computing stocks are having a moment. The industry’s leading pure play company, IonQ (NYSE:IONQ), up nearly 400% year to date (YTD), has plenty of positive chatter about their proprietary technology. However, traders should avoid these three other quantum stocks that don’t have the same apparent potential. It’s important to realize that there are various

Is this a good time to invest in video game retailer GameStop (NYSE:GME) stock? You’ve probably heard about the massive short squeezes with GME stock and stories of meme stock traders becoming fabulously wealthy. Yet, it’s time for a sensible assessment of GameStop as the company’s recent developments don’t bode well for the shareholders. GameStop may

Earlier this summer, it seemed as if the market was starting to appreciate possible artificial intelligence catalysts with Qualcomm (NASDAQ:QCOM) stock. From late May through early August, QCOM stock experienced a rebound, likely because of this factor. More recently, though, shares have given back most of these gains. Sure, you can point to the fact

Before 2008, banks showed limited interest in these low-return securities. However, post the crisis, Basel Accords reduced financial risks, giving Treasury and agency securities a 0% risk weighting. This essentially classifyed them as “riskless” and excluded from ratio calculations. In turn, it led banks to aggressively increase their Treasury positions, nearly quadrupling since then. Governments