Stocks to sell

After a strong start, cryptocurrencies have experienced sideways trading in the first half of 2023. However, the recent downturn in May has impacted many cryptocurrencies. Safe and practical crypto projects have been less affected, while investors have been selling off risky and outdated names to rebalance their portfolios. While the crypto market shows long-term promise

There’s a slew of fresh data pertaining to China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO). Overall, it doesn’t support a long position in NIO stock. Prospective investors should be cautious now, and Nio’s current shareholders might consider bailing before it’s too late. Not long ago, I warned that Nio’s shareholders should sell quickly. I’m standing by

High-performance automotive lidar (light detection and radar) sensor company MicroVision (NASDAQ:MVIS) has received a lot of attention from meme-stock traders lately. Yet, that’s not a sufficient reason to invest in MicroVision now. MVIS stock appears to be running out of steam, and the next big move is probably to the downside. The last thing I

The overall energy market has seen a decline since the end of 2022. Stocks within the energy and oil and gas sectors saw a large amount of growth in 2022 while the broader was falling. This was due to multiple factors, including the war in Ukraine, supply chain disruptions, higher demands for goods, and increased

Not all stocks are worthy of investor capital. Today, we’ll be looking at three poor-performing stocks to avoid. As the market marches higher this year, these stocks are sliding. Whether it is because they have lost their competitive edge, have poor financials, or are producing outdated products, the best days of the companies below appear

During May, and for part of June, there was little in the way of direct news regarding electric battery (or EV) technology company QuantumScape (NYSE:QS). However, after weeks of static, there once again has been some widely-publicized chatter about QS stock. Unfortunately, the news itself wasn’t exactly the kind of thing that bolsters confidence from the

Why do investors buy Rivian Automotive (NASDAQ:RIVN)? The answer is simple. Those buying RIVN stock believe that the vehicle electrification mega-trend will cause turbo-charged growth for this electric truck and van maker driving a big rebound for shares. However, it’s far from a given that such a scenario plays out. It’s important not to assume

It’s undeniable that Nvidia (NASDAQ:NVDA) is a darling of the market now. NVDA stock seems unstoppable as the company is a major supplier of hardware for generative artificial intelligence applications. However, with so much positive news and future success already priced into the shares, cautious investors shouldn’t get too excited about Nvidia now. Last week, I

As I recently discussed, China-based electric vehicle maker Nio (NYSE:NIO) this week announced plans to slash vehicle prices. This has helped to provide a boost for NIO stock. Since the announcement, shares have made a nearly 20% move higher. As of this writing, Nio is back above $9 per share for the first time in

Previous bull runs in the crypto market made many folks rich, fast. And as with any get-rich-quick scheme, the bottom tends to fall out at some point. Last year, many speculators and those using leverage in the crypto markets got wiped out trading in ultra-risky cryptos. This year appears to be shaping up to be

You may think a call to “sell meme stocks now” is an overreaction. After all, a fair number of meme names have performed well lately, suggesting a “renaissance” of sorts for this investing trend. In fact, some long-standing meme plays have bolted higher, thanks to rising optimism that macro concerns like high inflation and high-interest

In early June, I read an article about Shark Tank star Barbara Corcoran’s thoughts about the current state of affairs for office space. “No one really believes it’s going to turn the corner,” Fortune reported Corcoran’s comments. “People are staying home. Our best office buildings in midtown Manhattan are 50% occupied, and in most major

Some investors are staying loyal to electric vehicle battery technology company QuantumScape (NYSE:QS) through the tough times. That’s a mistake, as I expect QS stock to continue on its downward trajectory. There’s at least one expert on Wall Street who shares my bearish outlook on QuantumScape. QuantumScape is attempting to develop the Holy Grail in the

In the stormy seas of the stock market, tech stocks have had quite the journey. Amidst the global pandemic, with the world cocooned at home, tech stocks are surging to multi-year highs. However, the narrative has taken a twist, and now, several tech stocks to sell are in the spotlight. U.S. tech stocks danced on

In the dynamic world of investing, it’s imperative to consider penny stocks to avoid . Investors frequently fall into the trap of equating low prices with low valuation or high upside potential. However, this equation might not hold water in the current market climate, with an alarming number of overvalued penny stocks with dubious upside potential.

I can understand why many speculators remain interested in taking a chance with Mullen Automotive (NASDAQ:MULN) stock. Given the high levels of negative sentiment surrounding MULN stock, admittedly, it may not take much to shift said sentiment back to bullishness. Such a shift could lead to a big move higher for this risky electric vehicle

A great way to play contrarian is by selling or shorting stocks that are perpetually bleeding and have little chance of making a recovery. There are many companies like Bed Bath & Beyond (OTCMKTS:BBBYQ) that are delaying their inevitable bankruptcy through share dilution and betting against these stocks can be extremely profitable if you choose

As we pass the halfway mark of 2023, it’s time to consider which stocks to sell in June. If investors continue to have trouble understanding whether the markets are due for another correction soon it’s for good reason. June tends to be a historically tough month for markets. That’s a negative. Yet, a potential Fed

You might not previously have thought of Meta Platforms (NASDAQ:META) as a direct competitor to Apple (NASDAQ:AAPL). Yet, they’re now rivals in a highly specialized technology hardware market. So, don’t rush in to buy META stock without weighing the implications of an ongoing battle between Meta Platforms and Apple. Meta Platforms can always fall back on

Easily one of the most uncomfortable topics, investors need to consider stocks to sell in June. Understandably, some folks are deeply attached to their favorite market ideas. However, the problem here is that by holding onto losing entities, the rest of your portfolio might suffer. Instead, market participants should take an emotionally agnostic approach to