Stocks to sell

After suffering from staggering losses, investors of electric vehicle manufacturer Mullen Automotive (NASDAQ:MULN) should catch a break eventually – right? Don’t make any assumptions, as MULN stock could easily continue to lose value in 2023. This is likely to happen despite Mullen Automotive’s attempt to reassure its shareholders. We’ve done our best to try to
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Finding overvalued stocks to sell isn’t hard. Investors today have more information than ever, promoting company transparency. However, this also means investors must contextualize this information when investing. Often, a couple of negative headlines don’t alter a company’s investment thesis. Savvy investors know there are many reasons to sell a stock, but emotion should rarely
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With the stock market surging, investors are looking at more speculative opportunities for outsized gains. But investors should be careful with low-priced equities, and in particular these three overvalued penny stocks. The allure of grabbing a multi-bagger penny stock is understandable. But traders should avoid these particular high P/E penny stocks. It’s easy to point
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Given the evergreen nature of their business, health insurance stocks offer investors a stable play. However, the rising medical costs are wreaking havoc, creating a minefield of health insurance stocks that could dent your portfolio. For example, UnitedHealth Group (NYSE:UNH), has been ringing alarm bells over escalating costs as Americans make up for delayed surgeries amidst the
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If you’re a long-term investor in electric vehicle (EV) battery technology company QuantumScape (NYSE:QS), you probably felt a sense of relief when QS stock rallied recently. However, I’m advising extreme caution. This may just be a “bull trap,” and QuantumScape’s loyal shareholders could easily lose their gains soon. Not long ago, Wolfe Research analyst Rod
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Electric vehicle manufacturer Polestar Automotive (NASDAQ:PSNY) might amaze you with its sleek high-performance automobiles. However, PSNY stock certainly hasn’t been a winner for long-term investors. Until this trend reverses, and until Polestar Automotive becomes a profitable business, it’s going to be difficult to assign a higher grade than a “D” to the stock. The fact is,
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This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. We’re officially in a bull market. Last week, the S&P 500 closed 20% above its recent lows and the American Association of Individual Investors (AAII) sentiment index hit its highest level since 2021. As
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Simple trading strategies like investing in stocks with high short interest deliver results like a short-squeeze rally. Quick returns in these stocks have little to do with the business fundamentals. Investing in purely speculative stocks has been rewarding in the past, particularly during the meme stock euphoria of 2021. The market of 2023 is completely
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When Apple (NADAQ:AAPL), Goldman Sachs (NYSE:GS), Meta (NADAQ:META), and Microsoft (NASDAQ:MSFT) are all among the companies preparing for layoffs, investors should gird their portfolios for a potential downturn. Tech stocks seem to be taking the brunt of it despite being the top performing sector this year. Yet it’s beginning to spread to other areas of
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