Stocks to sell

This article covers six blue-chip stocks to sell now. These stocks are severely overvalued or are likely to move down soon due to the coming recession or a slump in demand. The point is analysts’ forecasts are likely to be lower, which could push these stocks down further. The stocks on this list have little
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Although the electrification of transportation may very well be the future, not every sector player will rise to meet the challenge, thus boding poorly for certain electric vehicle stocks to sell now. Whether Wall Street has trouble believing in their viability or their business plans don’t align with fundamental realities, these companies might not have
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Inflation stormed the stage again this week with a pair of hotter-than-expected reports for June. The news had investors rushing the exits as odds of a 1% rate hike at the Federal Reserve’s next meeting surged past 50%. Emboldened bears have returned, and the backdrop for risk assets is as treacherous as ever. While some
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The outlook of Shopify (NYSE:SHOP) stock is mixed. On the positive side, the company is growing quickly, showing that its niche is still expanding. Additionally, by some measures, it is profitable. Moreover, its chief executive officer (CEO) recently bought a large amount of SHOP stock, suggesting that he has a great deal of confidence in
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Tesla (NASDAQ:TSLA) surprised the market with its June preliminary deliveries report, which unveiled a 1.42x month-over-month increase in Chinese regional sales. Regionally, the electric vehicle giant sold more than 78,000 vehicles last month, a 1.35x year-over-year increase. Many investors are likely to jump on a recovery play as the company’s sales recovery could be misinterpreted
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Shopify (NYSE:SHOP) stock was a pandemic superstar. From the end of 2019 to last November, SHOP stock delivered a spectacular 314% return. The Canadian ecommerce company was signing up new vendors at a rapid pace, and the surge in online shopping saw the company posting record numbers. During the Black Friday and Cyber Monday weekend
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On the one hand, the semiconductor sector appears to be one of the more robust sectors to consider investing in this year. A study done earlier this year by audit house KPMG characterized industry confidence as “exceedingly high.” They expect wireless communications, automotive and internet of things to be the markets that most drive sector
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There comes a point when investors need to recognize the realities of the equities sector, which is the central theme undergirding the below stocks to sell in a bear market. It’s not about hating on particular companies. Indeed, many of these players offer intriguing business models. Unfortunately, the ground underneath us has changed, necessitating a
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The cruise line sector has taken quite the beating at the hands of the Covid-19 pandemic. Cruise ships were docked for the better part of the past couple of years, with travel and other social-distancing measures in place. Moreover, after December, omicron compelled the Centers for Disease Control and Prevention (CDC) to raise its warning
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Source: Shutterstock GameStop (NYSE:GME) continues to provide the volatility traders love, with double- and even triple-digit percentage swings. Yet, for investors, GME stock remains a risky proposition. On June 9, Reuters reported that the shorts were once again circling GameStop, “spotlighting how short sellers have grown bolder during a broader market selloff that has pummeled
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Down almost 78% this year, Rivian Automotive (NASDAQ:RIVN) looks like damaged goods. The electric vehicle maker that’s based in Irvine, California went public last November amid much hype and hoopla. It was one of the biggest initial public offerings (IPOs) of the year with the share price rocketing to just under $180 and giving the
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Netflix (NASDAQ:NFLX) isn’t the same company it was during the Covid-19 pandemic. Lockdowns and pandemic woes have lifted, making way for a post-pandemic hangover that sees a seriously shaky economy. Netflix is dealing with increased competition, which is slowing growth and leading it to predict a drop off of 2 million paid subscribers in the
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If Digital World Acquisition Corp. (NASDAQ:DWAC) stock isn’t the worst investment ever, I don’t know what is. The heavily hyped special purpose acquisition company (SPAC) that is supposed to take public former President Donald Trump’s social media company, Trump Media and Technology Group, has imploded following the failure of Truth Social, a Twitter (NYSE:TWTR) clone that
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The article covers the airline stocks to sell during the current downturn American Airlines (AAL): Gigantic debt load which will take years to reverse Allegiant Air (ALGT): Rising fuel costs will weigh down near-term results Delta Air Lines (DAL): Debt to equity ratio is concerning while DAL stock trades at a lofty valuation SkyWest (SKYW): 
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Robinhood (NASDAQ:HOOD) stock has kept falling without any indication of it bottoming out, and it has recently dipped even more with Gary Gensler’s stock trading proposal. The company’s finances aren’t doing great either, as Robinhood has missed its earnings expectations this quarter, leaving an even more bearish outlook for the stock. Robinhood is clearly struggling,
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