Stocks to sell

BlackBerry (NYSE:BB) stock often rises meteorically and then crashes quickly. That’s what has happened recently to the shares of the Canadian company that was once known for its phones and is now focused on security software.  Source: Paul McKinnon/Shutterstock.com BB stock doubled between June 1 and June 3, spiking above $20 at 9:30 am on

Given the tense environment surrounding EVs, I’m not going to reveal how I really feel about QuantumScape (NYSE:QS) stock. Source: Michael Vi / Shutterstock.com Electric vehicles are the future, period, and may you rot in perdition if you believe otherwise (at least that’s what the popular mantra is these days). By those lights, I should

Bull markets often make investors act out of character. This phenomenon is currently playing out with the Reddit “meme stocks,” in particular Naked Brands (NASDAQ:NAKD). At one point this year, NAKD stock “soared” to a price of $1.65 per share. Source: Shutterstock However, investors familiar with Naked Brands might recall this company spent most of 2020

For the past decade, Northern Dynasty (NYSEAMERICAN:NAK) stock has been one of the larger gold mining juniors out there. Source: allstars / Shutterstock.com The company has long sought to develop its Pebble property into a working gold mine. In recent years, the price of gold cooperated as well. As gold surged, it seemed increasingly as if

Just when I thought there might be a nice orderly selloff of GameStop (NYSE:GME) stock, the Reddit crowd is back at it. In the 30 days ending June 1, GME stock jumped 53%. And the only explanation that seems to fit is that the Reddit crowd simply loves to pump up heavily shorted stocks.   Source: Shutterstock

Today we’re going to touch on one of my favorite topics, which is science fiction. As technology evolves, it is becoming more science than fiction, and we are almost there. The opportunity to profit from exploring space is as real as ever. Virgin Galactic (NYSE:SPCE) is a major commercial space travel company trading publicly. But trading

Hopeful investors gave up in the weeks that followed QuantumScape’s (NYSE:QS) quarterly results. QS stock tried to bounce back to above the $30 range last month but failed. Source: Michael Vi/Shutterstock.com Investors cannot get over the higher capital expenses ahead. Though liquidity fueled the stock after its post-SPAC (special purpose acquisition company) status, reality weighs

Special Purpose Acquisition Companies (SPACs) are falling out of vogue and Lordstown Motors (NASDAQ:RIDE) is no exception. Source: Postmodern Studio / Shutterstock.com The stock peaked at $31.80 back in February before falling when the Nasdaq index broke down. Bears, too, are all over RIDE stock, with a short interest of 30.82%. An ugly quarterly earnings

Most of Wall Street underestimates the impact of cord cutting and overestimates the extent companies can compensate with internet streaming channels. As a result, most of the Street was shocked by AT&T’s (NYSE:T) decision to unload WarnerMedia for a relatively low amount of money, triggering a sizeable downturn in T stock. I believe that Disney

The latest news that Ocugen (NASDAQ:OCGN) is moving closer toward emergency use authorization for its Covid-19 vaccine candidate is moving its stock. On May 25 the company submitted its master file to the Food and Drug Administration as part of the emergency use authorization (EUA) process.  Source: Shutterstock But many obstacles remain for Ocugen. The first

Swedish plant-based milk company Oatly (NASDAQ:OTLY) recently had its blockbuster IPO, which saw its valuation skyrocketing over $10 billion. There’s a lot to like about OTLY stock, as it looks to create a more sustainable product and lead the way in the global dairy market worth more than $700 billion. It’s been around for the

With the negative news continuing to pile up for Ocugen (NASDAQ:OCGN) stock, the case against the shares has become almost as strong as an Olympic weightlifting champion. OCGN stock is down more than 44% in the last month. Source: Shutterstock Among the latest, most critical negative developments for the company are the fact that Pfizer’s

With Airbnb (NASDAQ:ABNB) unlikely to benefit from the reopening of economies as much as conventional hotels and still facing multiple other challenges, I continue to recommend selling ABNB stock. Source: BigTunaOnline / Shutterstock.com Further, the shares’ extremely high valuation compared to other names in the lodging sector makes me wary of recommending the name at

At this point, I must be sounding like a broken record. At the time of writing this piece, AMC (NYSE:AMC) stock has consistently added more than $1 billion in each of the last three sessions. Source: Helen89 / Shutterstock.com Individual investors eager to save the movie theater industry are rallying behind the embattled movie theatre

Just because the business of AMC Entertainment (NYSE:AMC) remains fundamentally unchanged doesn’t mean that AMC stock should stagnate. That much was proven to be true on May 28, when the “meme stock” rocketed upward again, reaching a high of $36.72. Source: rblfmr / Shutterstock.com However, this particular run up in AMC stock was fundamentally different

Carnival (NYSE:CCL) stock is up 36% this year, showing some signs of life. But Carnival is still a very risky company that’s operating in a very risky industry. Source: Ruth Peterkin / Shutterstock.com In an effort to squeeze out a few months of sailing during the traditional summer season, cruise lines are rolling out their

Virgin Galactic (NYSE:SPCE) stock has had a wild year thus far. But, of course wild swings are to be expected, especially considering SPCE stock operates in the space exploration industry. Source: rafapress / Shutterstock.com This industry has never been hotter, thanks to billionaires who’ve zeroed in on it as another high-growth sector. Richard Branson, Elon Musk

Because the novel coronavirus pandemic has more twists and turns than the Monaco Grand Prix, my take on biotechnology firm Ocugen (NASDAQ:OCGN) stock has been admittedly all over the map. Source: Shutterstock Still, it’s very possible that the recent volatility in OCGN stock finally provided some much-needed clarity. First, let’s back up for a moment.

After investigating Palantir (NYSE:PLTR) further, I’ve found more reasons to be worried about PLTR stock. Despite the company’s large year-over-year (YOY) growth rates in the first quarter, there are signs that Palantir’s top-line expansion is stagnating. Its net losses rapidly increased on a YOY basis last quarter and in all of 2020. Source: Sundry Photography

Since the start of May, Covid-19 vaccine play Ocugen (NASDAQ:OCGN) stock is down around 50%. But the company has made some progress in bringing Covaxin, developed in India by Bharat Biotech, to the U.S. market. So, are things back on track? Source: Shutterstock Yes and no. Sure, the company now has a set date (June)