Stocks to sell

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
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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
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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)
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Thursday was an incredibly bullish day for wild stocks. The small-caps were strongest adding 3% in two days. The best example was the explosion in AMC (NYSE:AMC) up 35% Thursday alone. That tornado included most EV stocks like Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO) rose 2% and 3% respectively. You had to look hard to find
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The first-quarter announcement season has been absolutely stunning for my Growth Investor stocks, which posted wave-after-wave of sales and earnings surprises. Source: Northfoto / Shutterstock.com Of the 58 companies on my Growth Investor Buy List that have reported as of this writing, 79% have posted positive earnings surprises that have bested Wall Street’s estimates, with
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The chart of Canoo (NASDAQ:GOEV) stock looks like a bubble that has popped. GOEV stock lost its momentum as investors dumped the shares of speculative automakers. With no revenue in its last reported quarter and its expenses poised to climb, why should investors even consider buying Canoo’s shares? GOEV Stock Weakened Ahead of the Company’s
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Unless something changes over the remaining seven months of the year, I’m prepared right now to name GameStop (NYSE:GME) the business story of 2021, with GME stock up more than 1,100% year-to-date, remaining stubbornly above $200.  Source: Shutterstock / mundissima I don’t know about you, but I continue to be amazed by GameStop’s resilience. Here’s
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Videogame retailer GameStop (NYSE:GME) has been one of the most heavily-covered stocks this year. Fueled by Reddit’s short squeeze, GME stock turned into a “meme stock”. However, the short interest has now largely evaporated, and it’s time for it to prove its mettle.  Its push towards an eCommerce model requires a multi-faceted approach, which appears
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As we race out of the global pandemic, is there still a need for the Covid-19 vaccine being developed by biopharmaceutical company Ocugen (NASDAQ:OCGN)? And what does that mean for OCGN stock? Source: Shutterstock The Malvern, Pennsylvania-based company’s share price has largely been propped up in recent months on excitement related to its proposed vaccine
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In my last write-up for Lordstown Motors (NASDAQ:RIDE) stock, I suggested that the company may be overvalued based on economic metrics. Source: Postmodern Studio / Shutterstock.com Specifically, unemployment trends for the construction industry were more negative than the national trend, which suggested that commercial fleet owners would not be willing to open their wallets. Naturally,
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