Stocks to sell

2023 has seen a revival in the speculative stocks category. After a dismal 2022, many more adventurous parts of the market are back on the upswing. Cryptocurrency, biotech, and even some former SPACs are perking up. Not all of these rebounds are justified, however. In the case of these three speculative stocks, huge trouble lies

One of the biggest challenges when it comes to investing is identifying doomed stocks within your portfolio and getting rid of them. For long-term investors, this can be even more challenging because they choose stocks to buy and hold for a long time horizon. To ensure you don’t hold on to stocks beyond their expiration

The investment landscape has been abuzz with the trend of meme stocks, a phenomenon ushered in by the remarkable and dramatic rise in GameStop’s (NYSE:GME) stock in 2021. Driven by social media enthusiasm, these stocks experience rapid volatility that reinforces the importance of knowing which meme stocks to sell. With the allure of quick gains,

A new report from investment bank Goldman Sachs (NYSE:GS) claims that hedge funds are dumping bank stocks heading into year’s end. According to Goldman, hedge funds sold bank and financial related stocks for a 10th consecutive week through Dec. 8. Hedge funds now have their lowest exposure to the banking sector since March 2020 when

Just because a stock is popular doesn’t mean it’s a good investment. Too often, investors take a position in a stock that has enjoyed a big rally only to buy at the top and see their investment plummet as the share price peaks and then falls. That situation led retail investors to lose an estimated

It’s the end of the year, which means it is “tax loss harvesting” time. Specifically, investors sell losing positions to offset capital gains taxes from stocks they sold that earned them a profit. By selling stocks at a loss, investors offset the capital gains tax they owe on the year’s earned profits. Essentially, it’s a

During a time when the electric vehicle manufacturing industry is hyper-competitive, it will be challenging for Rivian Automotive (NASDAQ:RIVN) to sell vehicles and turn a profit. Consequently, RIVN stock will be vulnerable in 2024 and might give up its recent gains. The best grade we can give the stock is a “D,” along with a cautionary signal

Many stocks have enjoyed an end-of-the-year rally after enduring some summer hardships. The Dow Jones is approaching the all-time high from its November 2021 record and may even exceed that level by the end of the year.  However, not every stock in the Dow Jones is contributing to the index’s long-term growth. Some stocks have overextended themselves

The allure of Cathie Wood Stocks investing prowess has captured a large audience of investors. Yet, even amidst all of the optimism surrounding her investment strategies, prudent investors must be aware of the potential downside risks. While some of Cathie Wood’s early bets like Tesla have paid off, many of them have lost her clients

The performance of the stock market in 2023 has been mixed. The Federal Reserve’s interest rate policies, global economic conditions, and energy sector shifts have trended this year. As a result, fluctuations and downturns in major indexes are the norm. True, many invested in quality stocks, and saw values rise. So why forego already achieved

U.S. retail sales fell in October for the first time in seven months as the economy shows signs of starting to cool. Indeed, Thanksgiving holiday retail sales during the weekend of Black Friday through Cyber Monday were strong. Yet several retailers are issuing cautious guidance for both holiday spending and the current fourth quarter, claiming

Energy is a highly cyclical industry, meaning efficient portfolio management dictates frequent sector rebalancing within an alpha-seeking investor’s asset mix. Although energy companies have delivered stellar results in recent years, global supply and demand factors are smoothing out. Moreover, consumer sentiment is waning, which introduces demand-side risk. Despite the United States Brent Oil Fund (NYSEARCA:BNO)

A risky yet potentially rewarding strategy is betting against companies on their way to financial ruin. While shorting stocks does expose investors to potentially infinite losses if a stock irrationally spikes higher, companies with poor fundamentals and who consistently dilute investors typically pay for it. In many cases, these are zombie companies on their last

The Electric Vehicle industry has had a rough year. Amid high inflation, supply chain issues, and low consumer spending, the demand for EVs saw a significant drop. Several EV makers have cut their production targets and are reducing their investment in EVs. While the demand for EVs will eventually pick up, several companies could be

Nio’s (NYSE:NIO) delivery growth accelerated sharply in the third quarter, and the EV maker is taking multiple measures that should dramatically lower its costs over the longer term. Still, NIO stock looks poised to miss its 2023 delivery guidance, is not growing nearly as quickly as many of its peers, and continues to lack strong,

The tech sector has come back in favor lately. However, while there are plenty of high-quality tech stocks to buy, there are many doomed tech stocks that are best to avoid as well. By-and-large, these “doomed tech stocks” fall into one of two categories. First, there are slow-growing and/or unprofitable tech firms that, despite talk

Aluminum is a highly utilitarian metal that has application across multiple Industries. However, prices have fallen throughout 2023, which has caused problems for weaker aluminum stocks. Currently, aluminum prices have fallen by $178 per ton which is more than 7% lower than it was at the beginning of 2023. Reports from earlier in the year

While market experts often arouse the scorn of Internet critics, investors should nevertheless pay particular attention to the stocks analysts are selling. It all comes down to both the influence that these authorities exert along with their professional reputation. To illustrate, rather than looking at stocks analysts hate, let’s consider the more common scenario: securities

Following its merger with a special purpose acquisition company in 2021, Lucid Motors (NASDAQ:LCID) stock got as high as $55 a share but slid lower since. The journey forward is going to be a lot longer and bumpier than investors originally believed. Over-promising and under-delivering plagued the luxury electric sedan maker. Vehicle production is well

Late last month, and early into this month, GameStop (NYSE:GME) stock experienced what could be called a pre-earnings rally, but in hindsight may have been little more than a “dead cat bounce.” However, this latest run-up for the “meme stock” legend has ended almost as quickly as it started. Shares began to pull back on