Electric vehicle manufacturer Lucid Group (NASDAQ:LCID) can enjoy one piece of supposedly positive news. Reportedly, a judge dismissed a fraud-related lawsuit against Lucid. Feel free to take a moment to celebrate this, if you’d like. Then, re-focus on the company’s financials and you’ll surely be convinced to steer clear of LCID stock. For two years, Lucid
Stocks to sell
SoFi Technologies (NASDAQ:SOFI) stock continues to inch higher. Investors are slowly getting back into speculative growth stocks as recent economic data suggests macro ease may be on the verge of improving. The economy may experience a soft landing rather than a hard landing. A recovery could happen far faster than once expected. However, I wouldn’t
The 21st century will be one dominated by connectivity and the internet. Already, 5G technology is ushering in a new era of smart cities, remote workforces, streaming video and powering virtual reality. And that, in my opinion, puts the attention squarely on cybersecurity stocks. Cybersecurity is critical for keeping our banking records private, our cloud
With tech stocks continuing to rise, it is becoming increasingly difficult to decide which companies are worth buying, and which are simply stocks to sell. This article will give readers an overview of the best tech stocks to sell to maximize their returns. The U.S., European, and Chinese stock markets have experienced positive gains since
The last few quarters have been challenging for EV stocks. This, however, does not come as a surprise. Whenever an industry has a robust growth outlook, there is a big influx of new players. As competition intensifies, several companies go bust. The ones that survive are positioned to be among the market leaders. A similar
The outlook for the world economy is getting gloomier. Two-thirds (67%) of private and public sector chief economists surveyed by the World Economic Forum (WEF) recently said they expect a global recession in 2023. While the stocks of companies that sell essential products, such as healthcare, utilities and groceries, would likely hold up well during
In a development that was little noticed in the U.S., Vadym Skibitsky, described as “Ukraine’s deputy military intelligence chief,” in early January suggested that Russian President Vladimir Putin could be forced out of power within months. Specifically, Skibitsky stated that Russia would launch a huge offensive in the spring, adding, “If Russia loses this time around, then
When I look at this list of dog-eared stocks to sell, I can only shake my head. I like to believe that I’m an optimist when it comes to the stock market – in any market, there are opportunities to buy and add to your portfolio, but some of the names on this list are
Like many other growth stocks, Nvidia (NASDAQ:NVDA) has kicked off the new year with a bang. Since the first trading day of 2023, NVDA stock has rallied by over 21%. Numerous factors, not just the overall direction of the stock market, have played a role in the chip maker’s big jump in recent weeks. Yet
The changing of the calendar has brought a new sentiment to Wall Street. Many of 2022’s biggest losers, such as meme stocks, SPACs and penny stocks, are suddenly enjoying strong rallies once again. With the Federal Reserve looking like it may stop hiking rates within the next few months, some optimism is returning. However, this improving
The return-to-work drumbeat is picking up steam across corporate America. Businesses of all sizes are encouraging workers to get back into the office, citing all kinds of reasons, from increased creativity to better morale. In March 2022, a survey conducted by Microsoft (NASDAQ:MSFT) found that 50% of companies wanted workers back in the office five
After a summer of labor disputes and a winter storm that forced cancellations from sea to shining sea, investors were finally beginning to believe that long positions in airline stocks were ready to take off. However, last week’s grounding of all U.S. flights is a reminder that all is not well in the airline industry.
Is a recovery taking shape for Tesla (NASDAQ:TSLA)? You may be asking that question, as TSLA stock has experienced a double-digit rally since the start of the year, despite recent developments that few would regard as “positive.” Yet despite its strong performance in recent weeks, if you’re thinking of jumping in, think otherwise. Although some
Source: Shutterstock Investing in stocks is a great way to grow your money. However, it’s important to remember that there are times when it’s best to sell certain stocks. Stocks that have been consistently underperforming compared to others, or those that are no longer performing well based on past performance, are stocks to consider selling.
Be it blue-chip or growth stocks, timing the entry is critical. In the last 12 months, Apple (NASDAQ:AAPL) stock has corrected by 20%. It was among the stocks to sell with negative sentiments for the broad technology sector. The point I want to make is a good company might not always be a good investment.
Generally speaking, Americans consider themselves an optimistic bunch. As a result, the topic of stocks to sell can draw anger. And since I drew the short end of the stick, I have little choice but to broach this subject again. Despite the toxicities involved, however, it’s important to realize that not every enterprise will succeed.
If you’re looking for retail stocks to sell, you won’t have any luck following the meme-stock crowd. But, as Barron’s reported on Jan. 13, meme stock mania is back. As InvestorPlace’s Thomas Yeung points out, Bed Bath & Beyond (NASDAQ:BBBY) gained 240% over the past week on the strength of a meme-stock rally. “My own analysis shows the value of firms like Bed Bath &
On Jan. 12, Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) made its first big layoff announcement of the year. However, this layoff news did not elicit much of a reaction amongst traders in GOOG stock. Shares barely budged following the announcement. However, this is not surprising, given the limited nature of this layoff round. Cutting just a few hundred positions,
In 2021, it may have been tempting to get caught up in the hype surrounding electric vehicle manufacturer Lucid Group (NASDAQ:LCID) stock. That hype didn’t help investors over the long run, however, and 2023 could be just as disastrous as 2022 was for Lucid as the company is selling plenty of shares, but not very many
Video-game software specialist Unity Software (NYSE:U) stock represents a challenging business niche. The company is known for helping developers monetize their games. This might sound like it ought to be highly lucrative, but investors will likely uncover some problems with Unity Software’s financial data when conducting their due diligence. Unity Software is sometimes pegged as a