Stocks to sell

Cryptocurrency and the blockchain are headline-news topics now. Consequently, you may be tempted to load up on Marathon Digital (NASDAQ:MARA). Yet, just because the Securities and Exchange Commission (SEC) approved 11 spot Bitcoin (BTC-USD) exchange-traded funds (ETFs), this doesn’t mean you should make a hasty trade with MARA stock. At the very least, consider Marathon Digital’s risks
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Wall Street seems to have determined that Coinbase (NASDAQ:COIN) will be more hurt than helped by the new Bitcoin (CCC:BTC) spot ETFs. Meanwhile, COIN’s valuation remains extremely high, and the potentially ruinous lawsuit against the firm by the Securities and Exchange Commission will soon be prominent in investors’ minds. Most law-abiding COIN users will probably
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It might be tempting to back up the truck and buy Coinbase (NASDAQ:COIN) stock because you heard about the approval of spot Bitcoin (BTC-USD) exchange-traded funds. However, I’m offering an unpopular opinion today. COIN stock could quickly retrace much of its rally from last year’s fourth quarter, so this is no time to make any hasty trades. Just
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The work-from-home (WFH) phenomenon has faded tremendously, as many companies, large and small, are ordering their employees to spend at least a few days per week in the office. For example, JPMorgan (NYSE:JPM), Apple (NASDAQ:AAPL) and video game maker Activision Blizzard (NASDAQ:ATVI) are among the huge companies ending or greatly curtailing WFH privileges. As a
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Anything is possible on Wall Street. For all we know, Lucid Group (NASDAQ:LCID) stock might stage an improbable turnaround in 2024. LCID stock is only rated “D” due to lack of evidence supporting an unlikely scenario. Without the help of some unanticipated catalyst this year, Lucid just won’t be a high-confidence pick. Please don’t get the wrong idea. The
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In December 2022, I discussed three overpaid CEOs and why investors should sell their underperforming stocks. One of the CEOs was Chad Richison, the founder and chief executive of Oklahoma-based Paycom Software (NYSE:PAYC), a cloud-based payroll and human capital management software provider. PAYC stock had gone sideways for 36 months. I wasn’t impressed.  Paycom shares
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Despite the growth of Electric Vehicle (EV) sales in the U.S., the electrification transition has faced challenges. Lucid (NASDAQ:LCID) is among the leading EV players many investors are watching. LCID stock delivered 1,457 vehicles in Q3, falling short of the expected 2,000, possibly influenced by charging infrastructure and affordability issues. Lucid revised its fiscal 2023
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In the forcible crypto world, overlooked currencies continue to gain value, creating complexity for investors. Amid recent gains, discerning and selling cryptos with little upside is vital. Despite widespread optimism in the cryptocurrency space, particularly for leading mega-cap cryptos, caution is advised. Not all cryptocurrencies are worthwhile; some meme tokens are best avoided due to
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The shares of battery maker QuantumScape (NYSE:QS) rocketed higher earlier this month on news that its solid-state battery can be charged over 1,000 times without degrading. Unfortunately for the long-term outlook of QS stock, this characteristic, while certainly positive, does not address the main “pain points” facing drivers and automakers. Moreover, QS has at least
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