Stocks to sell

SOS, Limited (NYSE:SOS) has been somewhat of a controversial Chinese Bitcoin mining company listed on the NYSE. There have alternating positive and negative opinions on the company, including apparently one from Hindenburg Research. Hindenburg has not done a report other than these series of tweets on Twitter. Moreover, a short report from Culper Research here

The return of Microvision (NASDAQ:MVIS) in 2021 might be surprising to some. After all, the company suffered a near delisting in 2019 and a failed buyout attempt last year. But, despite the odds, MVIS stock is now trading at over a $2 billion market cap — up over 198% year-to-date. The reason for its newfound

Ideonomics (NASDAQ:IDEX), which has had a variety of strategies over the last 20 years, is now trying to get into electric vehicles. Investing in IDEX stock means buying the story that this latest pivot is the real deal. Source: Shutterstock It can be hard to find a theme in IDEX stock history. It includes stakes

Zomedica (NYSEAMERICAN:ZOM) is an interesting penny stock. It is common belief that the majority of penny stocks are too risky. That’s because they tend to be volatile due to their small market capitalizations. Right now, ZOM stock seems to be confirming this rule. Source: didesign021 / Shutterstock.com Currently, ZOM has a 52-week range of 6.3

Anyone betting against Express (NYSE:EXPR) stock at these levels is betting on significant improvement. And there’s not a whole lot of reason to see that improvement on the way. Source: Helen89 / Shutterstock.com Because here’s the thing: it’s not a matter of the company improving off of 2020 results. Last year was dreadful for Express,

Chinese coffee chain Luckin Coffee (OTCMKTS:LKNCY) has been in the news for a number of reasons. Most recently, it announced the possibility of exiting bankruptcy by raising capital and securing a new restructuring deal. Now post-announcement, LKNCY stock has been doing well and is up some 50% since its Mar. 15 close. Source: NewsToday /

No matter what the market circumstances are, everybody wants to get a deal if they could find one. The problem today is seeking out viable undervalued stocks. Seemingly, everything has gone to the moon — which is one indicator that perhaps everything isn’t all that well. To be fair, there are some undervalued stocks that

The shares of renewable energy companies have been rallying on the back of the Biden administration’s pro-green energy policies. One such name is Gevo (NASDAQ:GEVO) stock, whose shares have shot up roughly 800% in the past six months. It’s on a mission to disrupt the industry through its technology which transforms renewable energy sources into

Pinterest (NYSE:PINS) stock was at one point surging nearly 572% off its low, Shares have slipped back recently falling from around $90 per share, to around $68 today. Source: Nopparat Khokthong / Shutterstock.com With investors shifting focus to a Covid-19 recovery, stocks that “crushed it” during the pandemic have started to pull back, but recovery

The madness has a taken a breather in recent weeks. But crypto plays like Riot Blockchain (NASDAQ:RIOT) stock remain popular among investors. Shares in this miner of Bitcoin (CCC:BTC-USD) have produced tremendous gains since last fall when the popular cryptocurrency began its epic run to all-time highs. Source: Shutterstock But, with BTC prices appearing to

Nano Dimension (NASDAQ:NNDM) stock represents a company in the burgeoning tech hub of Israel. The company operates in a niche of the 3D printing sector. Source: shutterstock.com/Alex_Traksel NNDM stock has risen over the last half a year, yet operational results indicate a fundamentally troubled company. Nano has raised a lot of money, and now is

The electric vehicle (EV) market is cooling off, and so is investor sentiment on ElectraMeccanica Vehicles (NASDAQ:SOLO). After reaching a closing high of $9.48 in early February, SOLO stock is down more than 30%. Source: Luis War / Shutterstock.com I’ll give the company this. It can’t be accused of not offering something different. In this

Marijuana stocks are losing steam after soaring to record highs in response to Joe Biden becoming President of the United States. Many hoped that, with Democrats gaining control of the White House and Congress, cannabis reform would become a priority. On Feb. 27, Virginia lawmakers even greenlighted legislation that would legalize recreational marijuana by 2024.

Earlier this month, Transenterix (TRXC) stock became Asensus Surgical (NYSEAMERICAN:ASXC). But, as they say, don’t judge a book by its cover. A digital surgery play, ASXC stock remains the same bad opportunity it was under its prior moniker. Source: Dmytro Zinkevych / Shutterstock.com What do I mean when I say bad opportunity? Trading for pennies

In March, there have been 18 days of trading through March 24. GameStop (NYSE:GME) has seen GME stock rise nine times and fall nine times for an equal number of up days to down days. Source: Shutterstock / mundissima Overall, GME stock is up over 850% year-to-date. What’s not to like? The only problem: The

When the coronavirus first touched down uninvited onto our country, one of the worst-hit sectors was retail stocks. This of course is no surprise to anyone with a functioning brain cell. At the time, we didn’t know much about the new virus — and clearly, there’s much to learn. Therefore, when state governments imposed lockdown

Opendoor (NASDAQ:OPEN) has jumped 150% since its June IPO. With a market cap of over $16 billion, Opendoor is now valued more than online real estate competitor Redfin (NASDAQ:RDFN) and nearly half of Zillow (NASDAQ:Z). But despite a red-hot housing market, I’m not chasing OPEN stock. In fact, I think it’s heading for a blow-up

Meme stocks continue to be the talk of the town. Investors looking to make a quick profit have piled into names such as Naked Brand Group (NASDAQ:NAKD) lately. Indeed, NAKD stock has taken investors on quite the ride this year. Source: Tinseltown / Shutterstock.com The shares of the New Zealand-based retailer have still soared 400% for

Somehow Guardion Health Sciences (NASDAQ:GHSI) was able to raise $33.6 million in two equity cash raises during January and February 2021. That represents over half of the GHSI stock market capitalization of $62.42 million. So in that sense, the raise supports the stock. But don’t expect that to last long, given the company’s cash burn.

Uber Technologies (NYSE:UBER) could  face a valuation crisis if its labor costs begin to spiral up based on a reclassification of its workers’ status. And that means UBER stock may be hit hard if what has recently happened in the U.K. spreads throughout its global workforce. Source: Shutterstock On March 16, the company announced that

Penn National Gaming (NASDAQ:PENN) has been on a tear. The stock is up over 1,300% in the last year, and over 31% year-to-date. But with it down 6% in the past month, will its long-term run continue? Source: Casimiro PT / Shutterstock.com In the past, I wrote that PENN stock was deeply undervalued based on

Spotify Technology (NYSE:SPOT) stock is simply not worth buying compared to its main competitor, Sirius XM Holding (NASDAQ:SIRI). The fact remains Siri stock is a much higher earnings quality stock and is cheaper compared to SPOT stock. Source: Kaspars Grinvalds / Shutterstock.com For one, they both make similar revenue, with Spotify making slightly more $9.6

Not much changed in the last few months preceding Bumble’s (NASDAQ:BMBL) initial public offering. Last September, Bloomberg News reported a valuation of $6 billion to $8 billion. So, after Bumble stock started trading in early February, valuations have been in line with insider expectations. Source: XanderSt / Shutterstock.com What is the play with trading Bumble

What’s next for Castor Maritime (NASDAQ:CTRM) stock? The dry-bulk shipper has soared nearly five-fold since January. Even after pulling back more than 50% off its highs ($1.95 per share) in recent weeks. Source: Pavel Kapysh / Shutterstock.com News of the company’s expansion may be playing a role in its upward surge, but maybe its sudden

Investors in Zomedica (NYSE:ZOM) have been taken on quite the wild ride this year. ZOM stock is up nearly 1,000% year-to-date, and over 30% this past week alone. Source: didesign021 / Shutterstock.com Why the buzz? There are a few key things going on with this stock right now. So sorting them out is a priority. Let’s dive

Since its launch at the beginning of March, the VanEck Vectors Social Sentiment ETF (NYSEARCA:BUZZ) has attracted more than its share of enthusiasm. Inflows into the BUZZ ETF (exchange-traded fund) have simply been huge. Source: Shutterstock In fact, BUZZ attracted more than $280 million in capital right out of the gate. As of Mar. 17,

Back in mid-February, those buying the dip in GameStop (NYSE:GME) stock may have seemed a bit foolhardy. But, with the king of all meme stocks going on a second Reddit rally, retail traders have again beaten Wall Street’s so-called smart money at their own game. Source: Shutterstock / mundissima With those active on Reddit’s WallStreetBets

I am a technical trader who also uses fundamentals for better results. In this case, Ocugen (NASDAQ:OCGN) offers plenty of technical clues, but it’s very thin on the fundamentals. The company has shifted businesses completely to pursue the novel coronavirus opportunity. That worries me quite a bit so spoiler alert, I would not invest in

Canadian marijuana group Sundial Growers (NASDAQ:SNDL) has recently been in the limelight. SNDL stock, which started 2021 around 50 cents, saw a 52-week high of $3.96 on Feb. 11. Let’s delve into the weeds and take a closer look at the company.  Source: Shutterstock Currently, shares are hovering around $1.60. By comparison, the ETFMG Alternative Harvest ETF (NYSEARCA:MJ),

With so much attention paid these days to penny stocks, I can understand why Ideanomics (NASDAQ:IDEX) might attract a certain kind of speculator. Further, with a “cheap” price tag (it will open today around $3.25) IDEX stock seems to fit the criteria of a solid opportunity. Still, as many of my colleagues warned: When shares