Stocks to sell

If you thought China was a tea-drinking nation and not at all into coffee, you’d be right – supposing your notions were from a generation ago. Thus insofar as investment, the opportunity presented by Luckin Coffee (OTCMKTS:LKNCY) was tempting. Until recently. Now it’s turned into one bitter brew and the question is whether Luckin Stock

It has been a decade — since November 2010, to be precise — since Sorrento Therapeutics (NASDAQ:SRNE) has seen its stock hold onto a big gain. From then to now, SRNE stock is off by 15%; it currently trades at $6.32 per share. If you’re hitting yourself for sticking around that long in search of

I’m a long-term bull on cannabis stocks. But that doesn’t mean I’m a long-term bull on every cannabis stock. Tilray (NASDAQ:TLRY) stock shows why. Source: Jarretera / Shutterstock.com After all, the potential of the cannabis market remains enormous. Admittedly, early returns have been disappointing. Canadian producers like Tilray built up too much capacity. International markets

The lure of a low-priced stock is irresistible to many potential investors, as shares of troubled oil producer Whiting Petroleum (NYSE:WLL) are showing. But price is not everything. And WWL stock is unsuitable for a legitimate portfolio. Source: Shutterstock This company poorly played the collapse of oil prices and the other effects of the novel

Is now the time to “buy the dip” in Nio (NYSE:NIO) stock? Not so fast! Earlier this year, the Chinese electric vehicle (EV) maker seemed headed for disaster. But,a partnership deal with a Chinese municipality put bankruptcy concerns to rest. Add in the mania in EV stocks driven by Tesla (NASDAQ:TSLA), and this stock has

Genius Brands International (NASDAQ:GNUS) is down over 38% in the past month. In fact, since July 22, GNUS stock has dropped 46% from $1.93 to $1.04. I had warned investors then that the stock was likely to fall in my article “Beware Shareholder Dilution With Genius Brands Stock.” Source: Syda Productions/ShutterStock.com At the time I

For United Airlines (NASDAQ:UAL) stock, the bad news just keeps coming in 2020. Source: NextNewMedia / Shutterstock.com The stock was already down a whopping 56% year-to-date because of the novel coronavirus and its debilitating effect on the airline industry. Then, on Wednesday, United announced that the company’s long, slow recovery will be longer and slower

Marathon Oil (NYSE: MRO) is a prime example of an oil play that investors shouldn’t be considering.especially since MRO stock is worth just about a third of what it was in January. Source: Casimiro PT / Shutterstock.com Volatility has become the new normal in the US stock market, as the novel coronavirus continues to hang

Back in June, Inovio (NASDAQ:INO) more than doubled in three sessions. The catalyst was the receipt of a $71 million contract from the U.S. Department of Defense. The move was all the more impressive given that INO stock had gained 364% in 2020 even before the announcement. Source: Ascannio / Shutterstock.com Optimism toward the company’s INO-4800

It’s quite hard—impossible, in fact—to forget that many of the initial news stories coming out of the novel coronavirus outbreak involved cruise ships. And they’re still waiting, at least in America, to set sail again: a hoped-for outcome slated for October. But that’s at the earliest and it doesn’t help that just a few days

Aurora Cannabis (NYSE:ACB) stock has been on a terrifying roller coaster since its 2018 debut on the New York Stock Exchange. Since rocketing to a peak enterprise value of $15.7 billion, ACB has since wiped out 93% of shareholder money as profits have failed to materialize. Source: Shutterstock On Tuesday, investors received another dose of

Though some sectors are slowly making a comeback from the novel coronavirus catastrophe, this optimism doesn’t apply to the oil market. Indeed, it’s hard to imagine if “black gold” will ever be the same. Certainly, prospects look particularly dim for embattled organizations like Occidental Petroleum (NYSE:OXY). On a year-to-date basis, OXY stock is down 72%,

Some companies have trouble written all over them. One such example is biopharmaceutical firm Ocugen (NASDAQ:OCGN). Even before the novel coronavirus upturned the world, OCGN stock was a struggling unit, with the issuing company facing bankruptcy. Overall, this fundamental assessment hasn’t changed. What has shifted, though, is the surrounding ecosystem. Source: Shutterstock As the Wall

Whiting Petroleum (NYSE:WLL) stock is rallying after exiting from bankruptcy proceedings. It’s interesting that both before and after Chapter 11, WLL stock rallied. Source: Shutterstock But like a lot of stocks these days, this unusual bit of momentum trading is down to Robinhood app traders. Despite weak fundamentals, WLL stock got pushed to unreasonable heights,

With its whisper-quiet driving experience, environmentally friendly profile, and inherently superior reliability due to fewer moving parts, it’s no wonder why modern drivers have elected electric vehicles over their combustion-powered counterparts. But no matter how hard I try, I don’t have the same understanding for Electrameccanica Vehicles (NASDAQ:SOLO). SOLO stock is an example of the

As I write this, the day after Whiting Petroleum (NYSE:WLL) emerged from Chapter 11, WLL stock is up more than 3,000%. But there’s a catch. Source: Shutterstock Before you run out and buy some of this bad boy, keep in mind that it’s only trading around $23 because the old equity shareholders got one new

There is a lot of chatter on Wall Street right now about how tech stocks may be in a bubble, with many comparing the current surge in tech stocks to the dot-com bubble of 1999-2000. Broadly, I don’t think this chatter is warranted. We aren’t in a tech stock bubble, for two big reasons: 1.

The persistent trading of Luckin Coffee (OTCMKTS:LKNCY) shows some folks will buy anything. Luckin stock is destined to linger like unwanted nuclear waste. Source: Keitma / Shutterstock.com This is a company with a very checkered past. There are so many reds flags warning investors to stay away that the horizon is a sea of red.

In early June, kids entertainment company Genius Brands (NASDAQ:GNUS) went viral because the company was supposedly trying to build the Netflix (NASDAQ:NFLX) for kids. Seemingly overnight, GNUS stock went from $1 to $12. Source: patat / Shutterstock.com I said stay away from Genius Brands, on the idea that while creating the Netflix for kids is

Marathon Patent Group (NASDAQ:MARA) stock is one to avoid. At its inception in 2012 it was a patent company founded on a portfolio of three patents and one application. In August 2017 Marathon announced it intended to also pursue potential alternative businesses. Then, in November 2017, it acquired Global Bit Ventures, cementing its current direction