Stocks to sell

As the most dominant online advertising player in the world, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) calls the shots. When Google says the rules of the game change, they change. The company’s recent move to end its behavioral targeting policies have been welcome news for privacy advocates. In the eyes of many consumers, this move was a long time

Opendoor Technologies (NASDAQ:OPEN) operates a platform for buying and selling residential real estate online under the premise that it can reduce the hassle of buying and selling a house. Thus, an investment in OPEN stock is an investment in real estate tech. Source: PREMIO STOCK/Shutterstock.com Opendoor was brought public in December via a SPAC through

Over the last six weeks — as interest rates have risen and the economy has moved closer to normalcy — there has been a great deal of concern on Wall Street about overvalued stocks. In many ways, despite the correction of growth stocks, I’m more upbeat on those equities as a whole than other pundits.

China-based SOS Ltd. (NYSE:SOS) shares have had a rollercoaster ride in recent weeks. SOS stock finished 2020 at $1.48. Then, on Feb. 17, it hit a multi-year high of $15.88. By Feb. 26, the share price was down to $4.21. The rapid decline happened as a result of a report by Hindenburg Research and Culper Research

Since the its initial public offering (IPO) in late September, the shares of Palantir Technologies (NYSE:PLTR) have logged impressive gains, up about 190%. This has put the market capitalization at $48.7 billion. Although, as has been the case with other hot tech operators lately, PLTR stock has come under pressure. The price has gone from

I’m a massive fan of sports-related stocks, so it’s hard to fathom that I’ve never before written about FuboTV (NYSE:FUBO) and FUBO stock.  Source: Tada Images / Shutterstock.com Truth be told, I haven’t followed the sports streamer’s plans to get into sports betting too closely. When it comes to U.S. online sports betting, DraftKings (NASDAQ:DKNG)

Walmart (NYSE:WMT) knows how to wow the markets. It told the world and analysts during its February 18 earnings release that it expects “low single digits” in sales growth. Meaning 1% or 2%. As a result, don’t expect WMT stock to take off this year like a thunderbolt. Source: Ken Wolter / Shutterstock.com Moreover, Walmart’s

Perhaps one of my most glaring criticisms from an editing standpoint is that I write long introductory paragraphs. So, for those who have suffered from my loquaciousness, here’s perhaps my shortest lede ever. It may be time to rethink Nio (NYSE:NIO), and therefore to sell NIO stock. Before I get into it, let’s discuss some

iBio (NYSEAMERICAN:IBIO) stock is up 12% in the past year and up 74% in the year-to-date period. However, since I last wrote about IBIO stock on Nov. 20, the stock is mostly flat, including two big drops,lending credence to my concerns. Source: Shutterstock My worry at the time was that the company would continue to issue

Car stocks, especially shares of electric vehicles (EVs), have turbocharged portfolios in the past year. Meanwhile, the auto industry — which increasingly relies on semiconductors — has been in the limelight. However, due to the current chip shortage, many car makers have announced they would be temporarily halting production. As a result, car stocks have

Organigram Holdings (NASDAQ:OGI) is just another one of the many Canadian cannabis companies struggling to get profitable. As a result, OGI stock is down 26% from its high of $6 on Feb. 10. Good luck with this company getting profitable enough to justify that price again. Source: Shutterstock In fact, in the past year OGI

ChargePoint Holdings (NYSE:CHPT), an EV charging company that has come to market via the Switchback Energy Acquisition Corp. (NYSE:SBE) SPAC, has been a volatile. Indeed, CHPT stock has fallen approximately 40% from its 52-week high late last year. Source: Michael Vi / Shutterstock.com There are a couple of factors driving shares lower. Among these are the rise

Discovery Networks (NASDAQ:DISCA) stock is being pumped by streaming’s promise. Since the start of 2021, the value of DISCA stock has more than doubled. Source: Shutterstock Shares that traded at under $31 in early January are set to open above $65 a piece this morning. That affords the company an almost-$29 billion market capitalization on

Sundial Growers (NASDAQ:SNDL) stock is another of the equities that got caught up in the Reddit wars.  Source: Shutterstock Fundamentally it shows some real weakness, and I’ve yet to see any really well-thought out arguments that would convince me to consider buying it. Yet, the hype that surrounds it does represent a real opportunity for

Technically, undergarment maker Naked Brand Group (NASDAQ:NAKD) is one of the best performers of the year so far. Since January’s opening session, NAKD stock has delivered both longtime shareholders and recent speculators nearly 300%. Source: Shutterstock That’s a bonkers figure, one that takes away some of the pain associated with this investment, depending on when

The jig is up on Churchill Capital IV (NYSE:CCIV). CCIV Stock is less than half of where it was a mere three months ago. What happened? Source: ggTravelDiary / Shutterstock.com They call it “special purpose acquisition (SPAC) investing.” It’s nothing of the sort. It’s Texas Hold ‘Em, and only the dealer has the aces. CCIV

Speculators are slowly losing interest in Inovio Pharmaceuticals (NASDAQ:INO). Excluding the spike to over $30.00 last June 2020 on strong volume, INO stock headed mostly lower. It spent most of the last year trading at around $10.00. Source: Shutterstock Biotechnology investors spent most of their time betting on the winning Covid-19 vaccine suppliers: BioNTech (NASDAQ:BNTX)

In theory, I understand the allure of investing in a downtrodden company such as United Airlines (NASDAQ:UAL) stock. But in this case, I just don’t agree with it. Source: NextNewMedia / Shutterstock.com The conventional thought for people who chase depressed names is that there’s no better time to buy a stock than when it’s at

By all accounts, airline stocks had a pretty bad 2020. The novel coronavirus pandemic hit every sector hard. But the airline industry suffered the most at the hands of the virus. There were already several companies with debt-laden balance sheets. And then demand started plummeting. It was a perfect storm that no one saw coming.

Dear SOS Ltd (NYSE:SOS), let’s not mince words. It’s over between us. Last Friday, short-sellers Hindenburg and Culper Research told me that you might be a total fraud. But I gave SOS stock the benefit of the doubt. After all, their kind is wrong as often as they’re right. Source: Bplanet / Shutterstock.com However, now

Hawaiian Electric Industries (NYSE:HE) is unique in the market. As its name suggests, the holding company is primarily focused on power generation through subsidiary Hawaiian Electric. In fact, HEI provides electricity to roughly 95% of the population of the state of Hawaii. However, HEI also owns a banking subsidiary, American Savings Bank. Those two businesses

The GameStop (NYSE:GME) short squeeze fiasco is perhaps one of the biggest stock market stories so far this year. And while it appears wild price swings are fading, Reddit traders are making a run at other shorted stocks. That means we haven’t seen the last of such events. For those who don’t know, short selling

Back on Feb. 23, Workhorse (NASDAQ:WKHS) lost the U.S. Postal Service (USPS) contract to its competitor, Oshkosh (NYSE:OSK). So, now what? That’s the question investors have been trying to answer these past few weeks with WKHS stock. Surprisingly, though, this electric vehicle (EV) maker’s shares haven’t cratered as dramatically as you might think. Source: Photo

The long bull market run on Wall Street shows no signs of slowing down. Even the novel coronavirus pandemic could not stop the markets from registering record gains. However, amidst all this, there are several stocks to avoid that are overpriced. It may seem surprising, considering the positive momentum we see nowadays. Several stocks have

A friend recently asked me the dumbest stock I’ve written about in the past 12-24 months. I answered that I’d have to think about it. However, if we’re talking about recent months, Naked Brand Group (NASDAQ:NAKD) and NAKD stock would be at the top of the list.  Source: Shutterstock In November, I wondered why it

Recently, the markets witnessed a relatively sharp correction. But there were some stocks that remained resilient. For example, Altria (NYSE:MO) has returned 7.3% in the last one month. On the other hand, stocks like Tesla (NASDAQ:TSLA) significantly underperformed, delivering negative returns of 23.5% in the same period. Similarly, Canadian Solar (NASDAQ:CSIQ) delivered -26.7%. Yet, all

Nano Dimension (NASDAQ:NNDM), an Israeli biotech firm with just $400,000 in revenue in its last quarter, has raised over $1.4 billion in the past six months. The company seems to be in the business of raising cash through equity offerings. Now the market has caught on and its cash-raising business could be over for NNDM stock.

There’s a simple problem with questioning the number of overvalued stocks in this market. For several years now, the same stocks that looked far too expensive have generally continued to rally. Shopify (NYSE:SHOP), Netflix (NASDAQ:NFLX) and of course Tesla (NASDAQ:TSLA) are a few examples. Many SPACs (special purpose acquisition companies) saw big pops after announcing

Cannabis investors have had an acute interest in OrganiGram (NASDAQ:OGI) stock lately. It shot up by 277% in the first ten days of February. Since then, it has shed nearly 50% of its value.  Source: Jetacom Autofocus / Shutterstock.com In the last month, OrganiGram is actually up 63%. So the obvious question now is where

The GameStop (NYSE:GME) farce is among the biggest stories emerging from the stock market in recent memory. The Reddit-induced short squeeze helped propel GME stock over 2,000% this year. The company has posted losses in the past couple of years, and the pandemic has only added to its existing woes. Despite the minimal growth in