Stocks to sell

The video game industry has had a roller coaster year in 2022. After posting record-breaking sales during the pandemic’s peak, the economic reopening caused the gaming market to take a sharp downturn. Sales plunged over the first three quarters due to dwindling demand from an already fragile economy. Consequently, it was one of the worst
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Back on Dec. 17, I argued why there was more disappointment ahead for Nio (NYSE:NIO). This additional disappointment has arrived quite quickly for NIO stock. Just ten days later, on Dec. 27, the China-based electric vehicle maker cut its delivery outlook for the current fiscal quarter (ending December). That’s not all. According to Bloomberg, NIO’s
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After a rough year, there are plenty of tech stocks to sell. Unfortunately, investors now know that inflation is persistent. Nearly all central banks around the world raised interest rates. Some fintech firms already showed signs of strain. And most are simply not prepared for the monetary tightening that could persist. Plus, there’s now a
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With a contentious time in 2022 coming to a close, it may be helpful to look back and consider the most sold-off stocks last year. Similar to learning from prior mistakes, investors may be able to garner lessons from the worst-hit market ideas. Basically, these are companies that currently sit just a few steps away
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It seems like yesterday that environmentally friendly fuel-cell systems provider FuelCell Energy (NASDAQ:FCEL) was all the rage on Wall Street. Lately, however, FCEL stock has been a money loser for investors. It’s sensible to check FuelCell Energy’s financials carefully – and considering the unfavorable value proposition of the shares now, it’s hard to give them anything
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Although a new year tends to bring feelings of optimism, when it comes to the current market dynamics, it’s time to consider hot stocks to book profits in before 2023 arrives. At first, circumstances appeared favorable, with CNN reporting on Dec. 13 that inflation cooled more than expected. However, by the following day, the Federal
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Since the Gamestop (NYSE:GME) short squeeze shook the investing world in 2021, investors have been focused on finding the next meme stock. It’s been a long, hard search with no clear end. Little-known companies have risen out of nowhere only to fall again just as quickly. Stocks cast aside by Wall Street like GME have
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Is it always a good thing when a company’s management is ultra-confident? Not necessarily, when it comes to Intel (NASDAQ:INTC) stock. Some traders and analysts aren’t fully convinced that the chipmaker can recover its lost ground in 2023. Before jumping into the trade, take a serious look at Intel’s headwinds and consider sitting on the sidelines
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Just a year ago, Rivian Automotive (NASDAQ:RIVN) stock was flying high. Trading for more than $100 per share, RIVN was considered one of the most promising vehicle electrification plays out there. It was also among several companies considered to be in the running to supplant Tesla (NASDAQ:TSLA), and become the top dog among EV companies
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Google parent Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) now has yet another headwind on its plate. At least, that’s the takeaway from recent headlines about GOOG stock. The financial and tech worlds are buzzing about a possible “disruptor” of the tech giant’s core search advertising business. In my view, much of this talk of “disruption” and a possible “game
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QuantumScape (NYSE:QS) develops solid-state lithium-metal batteries for electric vehicles (EVs). Someday, QS stock might be worthy of a small-scale investment. For now, though, it’s a no-go because QuantumScape’s grand vision is much bigger than the company’s current capital position can accommodate. QuantumScape was a darling of the retail trading crowd in the wake of the
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