Stocks to sell

Plug Power (NASDAQ:PLUG), the hydrogen fuel cell company, was somehow able to raise more than $3.4 billion in two different tranches in January and February 2021. The company sold $1.6 billion of PLUG stock at $29.29 in February to a subsidiary of SK Holdings, the third-largest conglomerate in South Korea. Source: Shutterstock Additionally, it managed

Any investment in Ocugen (NASDAQ:OCGN) stock is based on hope. That hope involves the FDA approving the Covid-19 vaccine known as Covaxin.    Source: shutterstock.com/PhotobyTawat Over the last six months or so, the company has repeatedly suggested that such an approval was imminent. On Feb. 2,  Ocugen announced an agreement with the Indian drug maker

Just one month ago, sentiment surrounding mobile e-commerce company ContextLogic (NASDAQ:WISH) was positive. Seven analysts considered WISH stock a “buy” and four others rated the stock a “hold.” But these days, sentiment has darkened considerably. Currently, only three analysts have a “buy” rating on WISH stock, with six saying it’s a “hold” and two more

SoFi Technologies (NASDAQ:SOFI) is aiming to upend the banking industry. The Silicon Valley startup initially focused on the student lending market. It has since branched out into a wide variety of other banking and brokerage products. SOFI stock went public earlier this year via a special purpose acquisition company (SPAC) and has been well-received by

MicroVision (NASDAQ:MVIS) is still up for sale, at least according to the company’s latest 10-Q report. The reason is pretty simple. It still only has one customer for its Lidar products. And that is on a royalty revenue basis. This leaves MVIS stock fairly overvalued at the present time. Source: shutterstock.com/temp-64GTX I have written about

I can understand why people like ContextLogic (NASDAQ:WISH) stock. There are some compelling reasons why you’d want to root for this underdog. Source: sdx15 / Shutterstock.com Unfortunately, there aren’t enough of those reasons based in fact to make WISH stock a very compelling investment. So, as much as it would be fun to put your

The current situation in clean energy stocks reminds several analysts of the dot-com boom in the late 1990s. According to data from Morningstar, global inflows into clean energy exchange-traded funds (ETFs) jumped to $14.7 billion in the six months to the end of March, up from only $1.3 billion in the same period a year

Tesla (NASDAQ:TSLA) created the electric car market, starting with the luxury end and working down. Source: Sheila Fitzgerald / Shutterstock.com This has made CEO Elon Musk a centi-billionaire. TSLA stock was worth $741 billion as trading began September 22. The company was only marginally profitable until its June quarter report showed it bringing nearly $1

Restaurant stocks have had a challenging couple of years now. The U.S. economy was almost on full throttle earlier this year, nearly hitting escape velocity from the pandemic. But things turned around as the year progressed. Now we sit on variety of conflicting economic indicators — some encouraging, other flashing warning signs. And so, while

Sesen Bio (NASDAQ:SESN) is a small biotech company attempting to develop a drug it calls Vicineum. SESN stock plunged last month after hitting a massive regulatory setback. Source: luchschenF / Shutterstock.com Sesen’s Vicineum aims to treat unresponsive non-muscle invasive bladder cancer using a locally administered recombinant fusion protein method. However, the Food and Drug Administration

When I wrote about Nio (NYSE:NIO) last month, I argued that the risks that could send NIO stock lower outweighed factors that could help it bounce back. Source: Robert Way / Shutterstock.com The Chinese electric vehicle (EV) maker has numerous strengths, such as high projected rates of growth in its home market. It also has

Peloton Interactive (NASDAQ:PTON) is wildly overvalued at its present valuation of $30.3 billion. A major reason is that the company’s latest quarter showed a massive loss in free cash flow. This adds up to a cash crunch for Peloton sometime in the near future if this trend continues. And that is not going to fare

Aterian (NASDAQ:ATER) is a consumer products platform that, according to Yahoo! Finance, uses software which implements “machine learning, natural language processing, and data analytics to design, develop, market, and sell products.” Essentially, Aterian scales consumer brands. But what should you know about ATER stock? Source: Shutterstock This company calls itself a “leading consumer product platform” —

AT&T (NYSE:T) stock still is dealing with its troubled media divestitures. Source: Roman Tiraspolsky / Shutterstock.com The company announced that it had sold Playdemic, WarnerMedia’s mobile gaming company, to Electronic Arts (NASDAQ:EA) for $1.4 billion. Playdemic is best known for Golf Clash, an award-winning game with more than 80 million downloads worldwide. The sale is

As one of the most widely followed SPAC offerings this year, Clover Health (NASDAQ:CLOV) has not exactly set the world on fire. After debuting on Jan. 8, the stock has mostly drifted downward with the exception of a short-term trading boost earlier this summer. CLOV stock currently has a $3.4 billion market capitalization and $412

Down 42% year-to-date, ChargePoint (NYSE:CHPT) stock does not look worthy of investor’s money. Source: JL IMAGES / Shutterstock.com The largest manufacturer of electric vehicle charging stations in the world looks good on paper, but so far its potential has not translated into success for shareholders. ChargePoint went public earlier this year at the height of the

Vinco Ventures (NASDAQ:BBIG) stock is the latest meme play. But if you blink, you might miss it. Source: Michael Vi via Shutterstock Vinco is an investment company that has gotten into non fungible tokens (NFTs), launching an E-NFT platform for trading them. It also owns 80% of a short video content platform (think TikTok) called

Driven by a few factors, the outlook of DraftKings (NASDAQ:DKNG) stock has definitely improved. Source: Tada Images / Shutterstock.com Nonetheless, I’m still worried about the company’s bottom line, and I think that the stock’s current valuation likely reflects the company’s long-term potential. One factor that has made DKNG stock a better bet is the declining

AT&T (NYSE:T) participated in the Bank of America (BofA) Communications and Entertainment Conference on Sept. 14. The CFO, Pascal Desroches, shed more light on its upcoming WarnerMedia combination with Discovery Inc (NASDAQ:DISCA). He also discussed the resulting expected dividend cut. Since then, T stock has kept falling. Source: Jonathan Weiss / Shutterstock.com So far this

Investors pay up for growth. Witness Pinterest (NYSE:PINS). Revenues grew 48% in 2020. They rose 26% between the first and second quarter 2021. They should easily exceed the 2020 total after Q3 numbers are announced on Oct. 28. If 2021 sales hit $2.246 billion, the current PINS stock price equates to about 15 times sales. Source:

For years, many analysts considered Alibaba (NYSE:BABA) stock to be a no-brainer investment on the mercurial growth of the Chinese economy, particularly its burgeoning technology sector. Source: BigTunaOnline / Shutterstock.com For the most part, they’ve been right, with BABA stock soaring following some rough outings post its initial public offering. Today, the circumstances have completely

Reddit traders recently tried to send Clover Health (NASDAQ:CLOV) stock “to the moon” once again. Source: Shutterstock The stock managed to crack $10 per share, but ultimately this rocket l did not launch. Instead of sending it back to the $25+ it traded for in June (during its short-squeeze rally), shares in the Medicare Advantage

The continued automobile scarcity in the U.S. continued in August, according to J.D. Power. Investors may react to the auto shortage by buying car companies dependent on internal combustion engines. Watching the electric vehicle market unfold is a better growth opportunity. Lucid Group (NASDAQ:LCID) is an especially compelling trade, with LCID stock stuck in a narrow

Tattooed Chef (NASDAQ:TTCF) stock added almost 50% between the middle of August and September, but it is starting to fade. Source: Olena Yakobchuk/ShutterStock.com The company has a compelling bull case at this point, but TTCF stock trades at a valuation that is a tad too high. Tattooed Chef is a fast-growing plant-based food company that

If electric vehicle manufacturer Canoo (NASDAQ:GOEV) stock ends up imploding, it wouldn’t be for nothing. Source: shutterstock.com/rafapress Entering the public market via a business combination with a special purpose acquisition company, GOEV stock offered a tantalizing proposition to retail investors. Unlike traditional initial public offerings, SPACs represent a far more democratized process. In a typical

It may have slumped right after its most recent earnings call. But so far, disappointment around its quarterly results and guidance has only done minimal damage to the price of GameStop (NYSE:GME) stock. The “meme stock” that started it all trades for slightly below $200 per share as of this writing. Source: Shutterstock / mundissima

If e-commerce is now just commerce, then ContextLogic (NASDAQ:WISH) stock is overvalued. Source: sdx15 / Shutterstock.com ContextLogic runs Wish.com. Wish is an online store that looks like China’s Pinduoduo (NASDAQ:PDD). It’s focused on creating impulse buys, on serendipity. It’s the kind of store that, in a shopping mall, you could spend hours in or walk

Social media traders on communities such as Reddit’s r/WallStreetBets have had an amazing 2021. All of Wall Street stopped what it was doing to watch the excitement in GameStop (NYSE:GME), BlackBerry (NYSE:BB) and other such meme stocks during their historic January short squeezes. After Robinhood (NASDAQ:HOOD) temporarily suspended trading in GME stock and other meme names, however,

SOS Limited (NYSE:SOS), a Chinese stock listed on the NYSE that was a crypto mining company but apparently isn’t anymore, finally reported its half-year numbers. This was done in a 6-K filing with the SEC on Sept. 10. Bottom line: stay away from SOS stock. Source: Mark Agnor / Shutterstock.com The problem is that I

This has been the year of the meme stock. Investing-focused ,online communities have flipped the script, going against virtually every norm of conventional investing. One darling of these retail investors, Support.com (NASDAQ:SPRT), has attracted a high level of short interest in the past couple of months.  SPRT stock, however, is remarkably overpriced, and it’s primarily