Stocks to sell

With this year’s stock market downturn, it may seem too late to figure out which stocks to sell. Yet while major indices are down massively from their all-time highs, and scores of individual stocks have experienced far more severe price declines, many stocks still may have a ways to go before reaching their respective “bottoming

The U.S. Department of Labor recently proposed a key rule change that may hurt gig economy stocks. This update will make it tougher for gig employers to treat their workers as independent contractors. In many cases, these companies will be forced to categorize some of their workers as employees. There’s a reason for this rule

As some of the few travel stocks that have failed to fully recover from the pandemic, plenty of investors have tried to bottom-fish in cruise-line names like Carnival (NYSE:CCL) stock. Unfortunately, these contrarian wagers have failed to pan out. Investors who have dabbled in CCL or its peers haven’t reaped substantial gains. Instead, going against

This market downturn has not hit all stocks equally. While the major indices are down between 20% and 35% on the year, many stocks are down 70% or more in 2022. Although it might make sense to hold onto some tried-and-true stocks through the current downturn, there are some securities that investors would be better

California-based electric vehicle (EV) startup Mullen Automotive (NASDAQ:MULN) is trying to succeed in a crowded field. The company needs a catalyst to get ahead of its competition. So far, however, it looks like Mullen is good at spending money but not at turning a profit. Besides, the company’s vehicles don’t seem to offer anything that

Carnival (NYSE:CCL) stock is quite different than it was prior to the Covid-19 pandemic. Long gone are the days when the cruise operator could confidently raise its cruise fares. Getting passengers back on Carnival’s ships during a time a high inflation will be a major challenge. So, even though Carnival showed top-line improvement during its most

I can see why contrarian investors may be interested in XPeng (NYSE:XPEV) stock. Shares in China-based electric vehicle (or EV) companies have fallen out of favor among investors, but the shift in sentiment has been the most dramatic among this particular name. As a result of its extended price decline since June, Xpeng has become

While investors are hoping for a quick end to the current bear market, recent data signals it’s not likely to be over soon. The September core consumer price index, which excludes food and energy prices, hit a 40-year high. This, combined with the fact that the labor market remains strong, nearly guarantees the Federal Reserve

This vicious bear market has spared very few firms in 2022. The S&P 500 has slipped more than 23% so far and it increasingly feels that things are getting worse. The Fed continues to reiterate that it foresees aggressive rate hikes ahead until inflation is brought under control.  Thus, this sort of environment very likely

Since September, excitement for Nio (NYSE:NIO) stock has cooled down again. After surging on analyst upgrades, shares in the China-based electric vehicle (or EV) maker have fallen back considerably, as headwinds in its home market weigh on shares. Nio is being indirectly affected by the myriad of challenges the Chinese economy is now facing. More directly,

With reasonable valuations, and the possibility of steady returns via high dividends, telecom stocks can be very appealing to investors. Yet while you may be interested in adding names from this sector to your portfolio (especially during today’s high market volatility), there are plenty of telecom stocks to sell and/or avoid. Most of these telecom

In recent coverage of SoFi Technologies (NASDAQ:SOFI) stock, I’ve provided two key reasons as to why it’s not worth buying. First, the market is overestimating the impact of its student loan catalyst. Second, taking into account long-term earnings forecasts, a recovery for the fintech firm’s shares at best may only entail a move back to

Times have been tough for Peloton Interactive (NASDAQ:PTON) stock lately. Its financials have been terrible, and some high-level executives are leaving. Investors who are counting on Peloton’s deal with Dick’s Sporting Goods (NYSE:DKS) to make everything better shouldn’t hold their breath. Remember how Peloton was a darling of the markets during the spread of Covid-19 in early

I’ll be the first to acknowledge that there’s some cache to being a Dow stock. But that doesn’t mean investors should be obligated to buy. When the market turns, sometimes those names become Dow stocks to sell – and that’s where we are today. Of course, it first pays to know exactly what a Dow

There was a time, a few years ago, when it was easy to recommend Netflix (NASDAQ:NFLX) stock. Back then, the streaming company was quickly gaining subscribers. However, circumstances have changed and Netflix is actually losing subscribers. Granted, traders are buzzing about Netflix’s likely soon-to-come ad-supported tier. However, investors shouldn’t be overly bullish as introducing ads won’t

Cryptocurrencies are still facing a myriad of issues. For one, the value of most cryptos are still hovering around 52-week lows.  Two, the Biden Administration is looking to regulate the sector intensively.  Three, there are concerns about the impact Bitcoin (CCC:BTC-USD) miners are having on the climate.  I also believe the chances of crypto mining being greatly

Check out recent headlines about Carvana (NYSE:CVNA) stock, and you may start to think the opportunity to bottom-fish in this former stock market high-flier has emerged. Since last year, shares in this automotive e-commerce company have fallen by more than 94%, from an all-time high of $370.10 per share to around $20 per share today.

The miserable year for tech stocks just won’t end, so nobody could really blame you if you started looking for tech stocks to sell. While tech seemed to have a resurgence in August and gave growth investors some hope in an utterly miserable year on the market, the sector is once again on the downturn.

As a sensible investor, the last thing you need is drama. Yet, there’s no shortage of it when it comes to electric vehicle (EV) startup Faraday Future (NASDAQ:FFIE) stock. The company is, as we’ll discover, in a capital-poor financial state. Granted, FFIE investors responded well when Faraday Future apparently managed to avoid a lawsuit from a

Nio (NYSE:NIO) has to deal with many of the same issues that other Chinese electric vehicle (EV) manufacturers do. For example, the company has to contend with supply-chain constraints and the challenge of sourcing lithium for EV batteries. On the other hand, an arrangement with a lithium producer may provide an advantage for Nio. That