Stocks to sell

Meme stocks became a cultural phenomenon when shares of Gamestop shot to the moon in early 2021. A group of Reddit (NYSE:RDDT) traders rallied around meme stocks, stunning Wall Street by showcasing the power of collective retail trading. Though many consider it a “gotcha” moment against the financial bigwigs, the move hurt all investors alike, making meme stocks

Tesla (NASDAQ:TSLA) stock has a roughly $560 billion valuation, down more than 50% from its peak with more downside possible. TSLA reduced production to align with demand in key markets because of declining demand in China. Several high-profile analysts have forecasted a disastrous Q1 for Tesla in the deliveries department, something many have seen coming

Changing consumer behaviors can and often do cause upheaval for entire sectors of the economy. For example, newspapers and bookstores can’t keep their heads above water because of the internet. Similarly, the advent of music downloads has largely made music stores (yes, millennials, those actually existed in large numbers) extinct. Smartphones, of course, eventually caused

It’s been a tough road for consumer discretionary stocks since the pandemic ended. Sky high inflation, rising interest rates and economic worries have led consumers to tighten their purse strings. At the same time, discretionary dollars have flowed more towards travel and experiences and away from spending on goods and products. The result is that

Plug Power (NASDAQ:PLUG) stock is leading the green hydrogen revolution. It has established itself as the only one-stop shop for obtaining fuel cells, electrolyzers and green hydrogen fuel. The problem is, creating the entire infrastructure from top to bottom is expensive. Unfortunately, Plug Power has a long history of being unable to do so profitably.

Investors have made a ton of money in cloud computing stocks over the past 15 years. The transformation from on-premise to off-premise software, data storage, and security has been truly revolutionary for the technology industry. But at some point, a concept may get played out. And it seems like we’re reaching that point with cloud

This time of year brings many tasks, holiday shopping and making Easter eggs, mowing the grass for perhaps the first time all year, and giving the house a deep spring cleaning. So why not do the same with your portfolio and rid it of stocks to sell? There’s no time like the present when ridding

February retail sales rose 0.6% from the previous month, despite higher consumer prices, indicating positive consumer sentiment. In addition, the Federal Reserve signaled plans to cut interest rates three times in 2024, potentially leaving consumers with more disposable income. Plus, the strong job market and rising wages are also supporting consumer spending. Despite these signs,

Investing in the electric vehicle sector has proved to be the right move for those looking to invest in the next big thing, at least in stalwart companies like Tesla (NASDAQ:TSLA) or BYD Co. (OTCMKTS:BYDDF) over the long-term. Unfortunately for growth investors, companies like Nio (NYSE:NIO) have underperformed. There’s no way around that reality. After

Overvalued stocks can be quite ruinous for portfolios. Even solid companies with high valuations can come crashing down if they don’t meet lofty expectations or if the market’s confidence wanes. Internet infrastructure provider, Fastly (NASDAQ:FSLY), is one example of this. In 2020, many in the IT sector loved the company’s offerings, and Fastly’s sales were

There are some gaming stocks to sell that investors should consider closely. These gaming companies are in risky positions, with declining revenues and increasing competition from newer entrants. What makes holding these companies worse is that the gaming industry is undergoing major disruptions and shifts. The rise of mobile gaming, cloud gaming services and new

This week, Boeing (NYSE:BA) CEO Dave Calhoun has announced that he is stepping down at the end of this year. Other senior executives are leaving the company immediately, including Stan Deal, president of the company’s commercial airplane unit. Boeing board chair Larry Kellner won’t stand for reelection. The leadership shake-up is the latest upheaval at

Snowflake (NYSE:SNOW) experienced an avalanche of a post-earnings sell-off late last month. Immediately after the Feb 28 earnings release, SNOW stock tumbled by nearly 20%. In the weeks that followed, shares in this cloud data company continued to slide lower, but admittedly have started to find support in more recent trading days. As the stock

The present and future of the internet is in cloud computing. This branch of computing is the backbone of digital transformation in modern enterprises. It enables businesses to access, store and process data and applications over the internet, rather than having to rely on in-house servers. Of course, not all cloud computing businesses have made

Evidence continues to accumulate that Palantir’s (NYSE:PLTR) business is growing rapidly, driven by a significant amount of enthusiasm for its Artificial Intelligence Platform which facilitates the use of AI by large companies and government agencies. Nonetheless, AIP is facing tough competition which is likely to greatly rise over the longer term, likely causing PLTR’s growth

2023 was a bad year for EV stocks. Market headwinds, dwindling demands, and softening government support are beating down companies left and right. Combine that with overly aggressive spending and diminishing revenues, and we have a recipe for disaster. While growth over the long term is still in the cards for some of them, it

When the coming gains in a stock are “obvious,” watch out. Sure, it’s easy to envision more upside in Super Micro Computer (NASDAQ:SMCI) stock after its epic bull run. However, if short-term traders have already assumed the best-case scenario for Super Micro Computer, then they have already made the easy money and it’s time to

The “Magnificent 7” refers to the group of the U.S. tech giants, including Amazon (NASDAQ:AMZN), Meta (NASDAQ:META), Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA). All have seen their market caps increase recently as Big Tech continues to dominate the U.S. stock market’s landscape. However, three of the Magnificent 7 stocks are recommended as hard sells, for good reason.

Investors will always continue to chase weak stocks that are poorly rated for the chance at contrarian success. Yet, most times it is best to follow the herd when Wall Street repeatedly raises the warning flag on a given stock. That’s as true for Nasdaq stocks to avoid as it is for NYSE shares and

With the growth of artificial intelligence and machine learning, you may be tricked into thinking that all tech stocks are big winners in 2024. But you’d be wrong, particularly when considering semiconductor companies. Plenty of struggling semiconductor stocks to sell quickly before they seriously damage your investment portfolio. The Semiconductor Industry Association says that global