Stocks to sell

After a strong first half of 2023, Tesla (NASDAQ:TSLA) faced challenges with price cuts, reduced margins, and disappointing delivery growth, leading to a decline in stock value. This move has come amid what many contend will likely be a weak demand period for high-priced EVs, suggesting margin compression may be on the horizon. Indeed, CEO Elon Musk

The Electric Vehicle industry is nothing like it was in 2022. This year has been difficult and many EV makers are glad that it is coming to an end. With high-interest rates, rising inflation, and low consumer spending, the demand for EVs has dropped. Several EV makers had to trim their production targets and restrict

Palantir Technologies (NYSE:PLTR) has shown strong performance this year, given investor interest in AI stocks. The company’s earnings reports provided plenty of optimism and fueled this rally. However, with the company’s government revenue slightly below expectations at $308 million, while commercial revenue rises 23% to $251 million, there’s room for discussion concerning how good these numbers were. Of course,

If you’re going to invest in an electric vehicle manufacturer in 2023 and 2024, you need to be selective. EV demand is slowing, and Rivian Automotive (NASDAQ:RIVN) isn’t necessarily the best pick of the bunch. The best grade we can assign to RIVN stock is a “D” and prospective buyers should spend extra time on their due

As the U.S. Senate rallies to lower broadband costs, it’s a pivotal moment for investors to scrutinize telecom stocks. Amidst this legislative whirlwind, key initiatives have emerged as game-changers. Firstly, Senator Jacky Rosen (D-NV) and 31 colleagues advocate fervently for the Affordable Connectivity Program funding extension. This vital program, a lifeline for countless households, ensures

2023 has ended up being a solid year for stocks. Despite inflation, war, and other worrisome headlines, the market indexes managed to shrug off the negativity and appear set to close the year near the highs. With the rally, however, some stocks have run far ahead of their fundamental underlying value. These three S&P 500

At the end of September, long-time MarketWatch contributor Mark Hulbert wrote a piece that argued the S&P 500 was still overvalued despite a recent 6% correction. Since that article appeared, the index has gained another 5%, suggesting the November rally has produced several overbought stocks. Hulbert’s article pointed out that the average price-to-sales and price-to-earnings

Investor views on the gas market could be better with demand slowing and prices decreasing. The market’s sentiment may continue to linger on the bearish side. The commodity has already accumulated a loss of 17.5% in November. It aligns with the outlook on some companies that operate in the same business due to their close

The Dow Jones Industrial Average, or Dow, is an index of 30 well-known blue-chip stocks. The index has been in existence since 1896, making it one of the oldest stock market barometers in the world. Today, investors view the Dow as a bellwether for the United States market and economy. After lagging the benchmark S&P

SoFi (NASDAQ:SOFI) reported solid third-quarter results, and I’m much less worried about the company’s loan portfolio than I was. Still, SOFI stock remains overvalued, making the name unattractive for investors to buy at this point. Strong Q3 Results SoFi’s top line jumped 27% versus the same period a year earlier to $537 million. Meanwhile, EBITDA,

Even though AI stocks have done incredibly well in 2023, there remain shares best left alone. Whether you sell in December or earlier, it’s probably best to get rid of these shares quickly. Some of these stocks have been among the most heavily promoted and strongest-performing firms in 2023. I would argue that all three

Generally, penny stocks have a poor reputation. It’s true that some penny stocks go on to make huge gains. However, the majority of firms with a rock bottom stock price got there because their business model failed to work out as expected or the company made major strategic blunders. That’s particularly true for these seven

Lucid (NASDAQ:LCID) is an electric vehicle (EV) company that aims to produce luxury cars with cutting-edge technology and design. Many investors enthusiastic to find the next Tesla (NASDAQ:TSLA), have hyped Lucid as a potential rival. But, so far, the new EV maker has failed to deliver on its promises. Not to mention, the EV market

In an August 2023 column, I wrote “With the chances of marijuana companies accessing the U.S. financial system higher than ever and cannabis stocks trading at lower valuations than ever before, now looks like an excellent time to seek out top-notch cannabis stocks to buy.” I also identified three cannabis companies with very attractive valuations and strong outlooks.  However, despite the

Bank stocks continue to lag the overall market and are not sharing in the current rally. Year-to-date (YTD), the S&P Bank index is down 13% compared to a 19% gain in the benchmark S&P 500 index. Through 12 months, the Bank index is down 20%. Looking out five years, U.S. bank stocks as a group

Since the end of 2022, energy prices, especially natural gas futures, have significantly declined. Natural Gas (Dec’ 23) has fallen by 43%, and WTI Crude (Jan’ 24) has seen a drop of 1% within the same period. With the energy market not very profitable in 2023. Investors are hesitant to invest in these companies and are beginning to look

Of course, the primary goal of betting in the equities sector is to make money, not to create a list of stocks to sell for tax losses. Nevertheless, stuff happens – it happens a lot. No matter who you are or how many credentials you leverage, you’re bound to get hit by the red ink.

The market continues to rip higher in November, with the S&P 500 up 9% since Halloween. However, not all stocks are participating in the rally. While tech stocks lead the way, a number of well-known blue-chip names are falling further and further behind. Many companies that have been around for decades and are household names

Plenty of fans, known as “Apes,” are rooting for AMC Entertainment (NYSE:AMC) to succeed in 2024. That’s all fine and well, but AMC stock is on a downtrend and the best grade we can give it is a “D.” It’s not an insult to the company or the “Apes,” but only an assessment that AMC Entertainment doesn’t

As 2023 comes to a close, now may be a great time to figure out which stocks to sell. If you are an income-focused investor, this may entail figuring out the top dividend stocks to sell. While these stocks may, on paper, offer steady returns, they may not necessarily be on track to produce satisfactory