Stocks to sell

Plug Power (NASDAQ:PLUG) may be one of the most popular alternative energy plays out there. Shares in the hydrogen fuel cell (HFC) company have “crushed it” in the past year. Yet, there are many more emerging leaders in the “green wave” space that make for stronger investing opportunities than PLUG stock. Source: Alexander Kirch /

Tesla (NASDAQ:TSLA) has a brand new problem, and it’s a big one. You’d never know it by looking at the soaring Tesla stock price, but the Chinese government isn’t pleased with Tesla. Following Tesla’s second recall in less than a year in China, the Chinese government publicly warned Tesla that Communist Party  regulators aren’t as

Electric vehicles (EVs) and fintech are some of the hottest sectors out there. So, it’s no shock that Ideanomics (NASDAQ:IDEX), which dabbles in both fast-growing areas, has become a popular name to trade among retail investors. Looking beyond the hype, though, there’s little on the table to justify the IDEX stock valuation of $4.75 per share.

Insider trading happens when people who have access to confidential information about a company use that to profit off its stock. These insiders include folks like the corporate officers and members of the board of directors. Historically, there have been countless cases of unscrupulous insiders benefitting at the expense of unsuspecting shareholders. For example, suppose

Jumia Technologies (NYSE:JMIA), which operates an e-commerce platform and mobile payments system in Africa, has suddenly become a darling on Wall Street. Note that JMIA stock has gone from $8 in September to about $65. The market capitalization is roughly $5.8 billion. Source: Christopher Penler / Shutterstock.com The company was smart to capitalize on this

Pot stocks, one of the hot trends of 2018, are back in fashion. So are stocks with low market capitalizations. So are stocks with high short interest. Sundial Growers (NASDAQ:SNDL) is all three of these things, and thus became a Reddit play. That is, small traders at the sub-Reddit r/WallStreetBets banded together and bought SNDL

There’s a lot going on on Wall Street and BlackBerry (NYSE:BB) has been caught up in the mix. At one point last month, BB stock gained almost 300% as it rallied in nine straight sessions. Source: Michael Vi / Shutterstock.com What in the world is going on?  BlackBerry stock has been caught up in the

One of the hottest themes for investing on Wall Street involves electric vehicles. This emerged last year and gave birth to the SPAC attack. Dozens of new EV companies came public chasing after electric dreams. Tesla (NASDAQ:TSLA) laid the ground work and the rest are benefiting from it. Hyliion (NYSE:HYLN) is one of those newcomers

If you’ve followed my work over the years, you know that the one thing I consistently advise — beyond advantaging the “Roaring 2020s” — is to get into a habit of taking profits. If you don’t, you’re not in control of your investments. So, where should you start taking back the reins? FuelCell Energy (NASDAQ:FCEL).

IZEA Worldwide (NASDAQ:IZEA) is likely to take a hit now that a major brokerage firm has downgraded IZEA stock to “sell.” This is despite record January 2021 growth at this advertising company. Source: Shutterstock IZEA connects influencers and bloggers with brand name companies and makes money based on the total campaign dollars that the advertiser

Boeing (NYSE:BA) is a company that some may consider too big to fail — too important to the U.S. economy and global aviation. Even former President Donald Trump said “We can’t let anything happen to Boeing,” back in 2020. Boeing stock would always be around, even when it was hurting. Source: Marco Menezes / Shutterstock.com

Jumia (NYSE:JMIA) is an online marketplace which targets 11 African countries. It’s currently operating in Algeria, Cote d’Ivoire, Egypt, Ghana, Kenya, Morocco, Nigeria, Senegal, South Africa, Tunisia, and Uganda. The firm generates a majority of its revenue from western Africa. Its markets account for over 70% of Africa’s GDP and internet users and 600 million

It might only be a small crack in Advanced Micro Devices’ (NASDAQ:AMD) platinum-plated armor, but year-to-date through Feb. 3, AMD stock has a total return of -4.2%. Long-time investors probably can’t remember the last time it’s started a year so slowly. The question is whether Chief Executive Officer Lisa Su should take the early correction

What’s the latest with Switchback Energy Acquisition (NYSE:SBE) stock? For the past few weeks, shares have traded sideways between $35 and $45 per share. SBE stock investors are still waiting for this SPAC (special purpose acquisition company) to close on its merger with ChargePoint. Source: Michael Vi / Shutterstock.com President Biden has moved ahead with

A month ago, I had never heard about Ideanomics (NASDAQ:IDEX). Now IDEX stock up nearly 120% year-to-date and 638% over the past six months.  Source: Shutterstock Obviously, the company’s one-two punch of clean energy and fintech (it helps companies finance the adoption of electric fleet vehicles) has all the markings of big-time momentum play. That

With conservatives preparing to strike back against Twitter (NYSE:TWTR) in multiple ways, the company is in a precarious position and its shares’ risk-reward ratio is negative. Therefore, I recommend that investors sell Twitter stock at this point. Source: Worawee Meepian / Shutterstock.com In previous columns, I’ve warned that Twitter and Facebook (NASDAQ:FB) were caught between

In recent weeks, we’ve learned about the raw power of social media to influence not only the biggest moves on Wall Street but also to turn the investing institution upside down. With the right narrative, previously out-of-favor companies, such as FuelCell Energy (NASDAQ:FCEL), can enjoy outsized gains. But how sustainable is such a dynamic for

Dozens of companies delivered multi-fold returns over the last year, creating more than a few overvalued stocks. For instance, GameStop (NYSE:GME) skyrocketed by 1,700% in late January on the power of retail investors at the Reddit group r/WallStreetBets. Despite its recent tumble, GME stock is still holding on to 200% year-to-date gains. While the broad-based

I understand bulls’ theories on Switchback Energy (NYSE:SBE) stock. But the problem is the stock’s valuation. Source: Michael Vi / Shutterstock.com Indeed, ChargePoint, with which Switchback is merging (likely next month),has  huge potential. It seems likely that electric-vehicle adoption is going to accelerate (pardon the pun) in coming years. Certainly, the equity market is pricing

Green energy stocks have been rallying as the Joe Biden administration continues to push its eco-friendly policies forward. And leading fuel-cell solutions provider, FuelCell Energy (NASDAQ:FCEL), is among the biggest beneficiaries of that improved investor sentiment. Basically, the green-energy mania has taken FCEL stock and others parabolic. Source: Kaca Skokanova/Shutterstock In the last three months,

Is the current rally in cannabis producer Sundial Growers (NASDAQ:SNDL) stock legit? That’s the question investors are struggling to determine as the Canadian penny stock breaks out. Source: Shutterstock Since Jan. 26, SNDL stock has more than doubled in price from $0.56 to around $1.21 a share. The move higher has been cheered by investors who

Last week, an indiscriminate short-squeeze lifted Nikola’s (NASDAQ:NKLA) shares, albeit temporarily. But as the anti-bears put pressure on the hedge funds, not all stocks will sustain their lift. NKLA stock topped around $30 last week and is still up 62% over a period of one month. Its short float is 36.42%, which help explains the

The problem with investing in Jaguar Health (NASDAQ:JAGX) right now is that no one outside of the company knows exactly how much cash Jaguar has. Management has not shared a balance sheet in a while. Consequently, it is impossible to tell what JAGX stock is worth. Source: Bukhta Yurii / Shutterstock.com The company raised $15

American Airlines (NASDAQ:AAL) is the latest stock to begin feeling the now infamous effect of retail investors from Reddit this month. Despite posting its largest annual loss ever for 2020, AAL stock popped on Jan. 27 and again the next day. Source: GagliardiPhotography / Shutterstock.com This was not due to the company’s performance. Instead, traders from the

Affirm Holdings (NASDAQ:AFRM) went public on Jan. 15 and raised over $1.3 billion before expenses. One look at its prospectus and you will not be impressed especially since AFRM stock at a huge premium over its IPO price. Source: Shutterstock Affirm is a millennial-focused lender in the pay-over-time or pay-later lending space. Affirm signs up

I know what it’s like to be aligned with the latest phenomenon in the market: r/WallStreetBets, the subreddit on social media platform Reddit that has driven failing video game retailer GameStop (NYSE:GME) to the moon. But when it comes to WSB’s latest target Naked Brand (NASDAQ:NAKD), I’ve got to reassess whether I’m an advocate of

I have never, ever believed in lying to readers. So how, then, can I refer to Nikola Corp. (NASDAQ:NKLA) as an electric-vehicle maker when it is in reality a wannabe EV maker? Or that NKLA stock represents at this point a bet on a thus-far-failed company that deceived investors and saw its founder leave in

The stock market had a big sell-offs last week. The S&P 500 dropped more than 3% for the week, and the Nasdaq composite fell more than 4%. Leading momentum names, such as Nio (NYSE:NIO) stock, gave back significant ground. In particular, Nio, for what it’s worth, declined more than 5% for the week. Source: Andy

As I’ve said before, Sundial Growers (NASDAQ:SNDL) stock is a legalization lottery ticket. That is to say, shares could see outsized returns whenever the U.S. government legalizes marijuana. The prospects of that happening may look stronger now than they did a few months back. but it’s far from a lock it’ll happen in the coming

In April of 2020, Luckin Coffee (OTCMKTS:LKNCY) admitted that its executives had been executing a fraud. Luckin stock had faded into the news amid similar allegations from short sellers. When the company confirmed the market’s worst fears, the stock dropped 75% in a single session, and then kept falling. Source: Ploy Makkason / Shutterstock.com Indeed,