Stocks to sell

Over the past year, an investment in China-based electric vehicle manufacturer Nio (NYSE:NIO) has yielded poor results. Nio shares might seem like a bargain, but are they really? Today’s NIO stock analysis finds that it only deserves a “D” grade and has poor recovery prospects. Part of Nio’s problem involves competition from Tesla (NASDAQ:TSLA), but there’s more to

Meme coins have had an intense 2023, with many highly-speculative digital assets seeing multi-year highs. Notably, many crypto fans still think this momentum can continue well into 2024. While that’s certainly the case, it’s also true that many of these volatile assets have seen massive price declines in the past. It’s my view that meme

Looking to sell some materials stocks? The materials sector has always been the bedrock of the global economy, providing essential components for the functioning of various industries. However, in the last few years, the sector has faced slow growth, high interest rates and high inflation. Not only that, but this slowed demand is trickling down

The sector might be set for a resurgence after a tough year for bank stocks that included multiple meltdowns, like Silicon Valley Bank. Banking indices climbed in 2023’s latter half and seem to maintain that momentum today. Of course, most of that bullish sentiment is on the heels of assumed interest rate cuts – which,

Every tragic story has a turning point, where the protagonist begins an inevitable fall. For Tesla (NASDAQ:TSLA) stock, that point was the Cybertruck. Cybertruck was announced over four years ago, and I have been down on Tesla ever since. The reason is China. Before the Cybertruck Tesla truly had no rivals. It was the first

Earnings season continues to be hit and miss. Some companies’ Q4 results exceed Wall Street expectations, sending their stock soaring. Yet other stocks plunge on big misses and disappointing guidance. However, the companies that are failing to hit their targets and issuing weak outlooks for the year ahead seem to be missing by big amounts.

What’s your gut feeling, now that Advanced Micro Devices (NASDAQ:AMD) stock has blasted past its 2021 peak? Are you enthused and ready to buy, or concerned that stock traders and analysts are too optimistic now? Your response says a lot about you as an investor, and if you’re a true contrarian, then you might want

By the time the United States Federal Reserve convened for its Federal Open Markets Committee (FOMC) meeting in December, federal economic data had already pointed to a sustained cooling in consumer prices. The Consumer Price Index, for example, only rose 3.2%, from a year-over-year (Y/Y) perspective, in October, which was approximately 590 basis points lower than the

Indeed, 2024 has effectively ushered in a topsy-turvy period for global supply chains. Major Panama and Suez Canal disruptions and escalating geopolitical tensions reshape decades-old trade routes. In particular, retailers are feeling the heat of these major upheavals, especially with the continuing attacks in the Red Sea. Those impact Suez Canal accessibility, a critical route

Inflation has come a long way, and cuts to the Federal Funds rate are expected for the latter half of 2024, but geopolitical tensions are hotter than they have been in a while. Geopolitical tensions between the United States and China, as well as renewed conflict in the Middle East, including the Israel-Hamas War and

Finding stocks to sell in 2024 isn’t hard, but actually executing is another matter. For example, bearish sentiment abounds around the Magnificent Seven as the S&P 500 hits all-time highs despite sweeping tech layoffs and overall economic unease. And sure, you could short a stock like Nvidia (NASDAQ:NVDA) on the grounds of massive overvaluation. But

Wondering if you should be selling your restaurant stocks in 2024? As we start the new year, market professionals look at the tea leaves and provide their outlook on how the rest of the year will unfold. According to Morgan Stanley, one of the growing concerns is a hard landing and a surprising recession due

Google parent Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) stock has been a phenomenal investment over the past decade returning double the S&P 500 on the back of search. Although cloud services are gaining more attention, advertising runs Alphabet. It accounts for 57% of total revenue and produces virtually all of the company’s operating income. While that has been driving

The biotech segment is one of the most potent, boasting an impressive Compounding Annual Growth Rate (CAGR) of 13.96% until 2030. However, investing in biotech stocks also bears immense risk, as companies’ performance relies heavily on drug approvals. A major drug approval has the potential to multiply stock price several times, while a failure to

The last time I wrote about QuantumScape (NYSE:QS), a developer of solid-state batteries for electric vehicles, was in May 2022. At the time, QS stock traded at $15. It’s now less than half that.  My article discussed how nickel could become less important to produce these batteries. Interestingly, the metal could be replaced by iron,

As the market shakes out, it’s time to consider which EV stocks to avoid. It’s no secret that 2023 was an incredibly tough year for the electric vehicle industry. The industry is going through growing pains that have caused material demand issues that continue to reverberate throughout. That truth is reflected perhaps nowhere better than

Bargain hunters, beware! The outlook isn’t great for electric vehicle manufacturer Lucid Group (NASDAQ:LCID) stock as the company’s 2023 production and delivery numbers weren’t stellar. Consequently, it’s too risky to go on a bottom-fishing expedition with beaten-down LCID stock. Besides, the EV industry is generally having a demand problem. Giant automakers like Tesla (NASDAQ:TSLA) should be able to

Anticipating the U.S. Securities and Exchange Commission (SEC) approval of a Bitcoin (BTC-USD) ETF, the digital currency exploded from an October low of about $25,000 to a high of $49,954.  Investors were hopeful it would open the floodgates for retail and institutional interest. Instead, approval was met with an expected sell-the-news reaction. It sent Bitcoin

Since the great stock market crash of 2022, company performance has been recovering, as evidenced by the record growth of the S&P 500, the peak values of the Dow Jones Industrial Average and the Nasdaq Composite. Investors were rewarded for their resilience and began to feel safe from the downturn. However, the overall market situation

As governments globally endorse and incentivise the adoption of electric vehicles, there is some big money to be made in the industry. Therefore, it’s not surprising that dozens of new companies have emerged globally with focus on EVs. Further, established traditional automakers are making big investments to accelerate the portfolio shift towards electric vehicles. So,