Stocks to sell

Three years ago, I warned against buying stock in Nio (NYSE:NIO), the Chinese luxury electric vehicle (EV) maker.  At the time, the stock was selling at $6 per share. Source: Robert Way / Shutterstock.com I was wrong. Two years ago, as the Covid-19 pandemic began, China’s government put a floor under the NIO stock price.

Much like its corporate name, sentiment about Block (NYSE:SQ), formerly Square, seems to change at the drop of a hat. Before, the crowd was avoiding SQ stock in droves. Source: Sergei Elagin / Shutterstock.com Partially due to the cycling out of tech, but mostly due to growing bearishness about its prospects, shares in the fintech

Tritium DCFC Limited (NASDAQ:DCFC) is a designer, manufacturer and supplier of current chargers for electric vehicles (EVs) across the globe. The company was incorporated in 2001 and is based in Australia, but it made headlines when it went public by combining with Decarbonization Plus Acquisition Corporation II. In other words, DCFC stock went public via

When it comes to gambling, they say, “the house always wins.” But that hasn’t been the case with DraftKings (NASDAQ:DKNG) and DKNG stock. The i-gaming and online sportsbook operator has captured a large share of the fast-growing U.S. internet gambling market. Source: Tada Images / Shutterstock.com The problem is that it spends around $2.83 on expenses

Embattled theatre chain operator AMC Entertainment (NYSE:AMC) stock has picked up in the past month. A lot had to do with its somewhat encouraging preliminary fourth-quarter results. Source: Helen89 / Shutterstock.com It’s now released its final fourth-quarter earnings results, which are nothing to feel joyful about despite showing progress. AMC stock continues to trade at

Cassava Sciences (NASDAQ:SAVA) is a clinical-stage biotechnology company trying to fight and cure Alzheimer’s disease. Its laudable mission is “to detect and treat Alzheimer’s disease.” The “mission” of SAVA stock, on the other hand, is unclear. Source: Pavel Kapysh / Shutterstock.com Since 2016, this biotechnology company has had no revenue at all. None. This is a

Evidence strongly indicates that the Chinese government is continuing to intentionally harm Alibaba (NYSE:BABA). Meanwhile, the company’s recently released third-quarter results for BABA stock were uninspiring. Source: Nopparat Khokthong / Shutterstock.com Its cloud business, after existing many years, is still losing money. Given all of these points, I remain bearish on BABA stock. Indeed, I

There really isn’t any good news in relation to DiDi Global (NYSE:DIDI) stock. Bottom fishers could concoct some sort of bullish thesis about the beaten down Chinese ride share stock in an effort to convince investors to get on board. That might convince a little bit of capital to rush into the shares. But at

If you go bottom-fishing for value, you might get trapped. This is a harsh lesson that California-based Skillz (NYSE:SKLZ) is unintentionally teaching investors as SKLZ stock just keeps on printing fresh lows. Source: Dennis Diatel / Shutterstock.com Now, this might sound appealing to value-focused investors. After all, you’re supposed to buy low and sell high, right?

Vinco Ventures (NASDAQ:BBIG) is a complicated company. Vinco is planning to merge with ZASH Global, it is acquiring digital advertising service AdRizer and it is spinning off its crypto business, Cryptyde. As a result of all these moves, BBIG stock has been quite volatile. Source: vincoventures.com Over time, however, it’s becoming clear that Vinco faces

Six months before Enron fell more than 98%… When Wall Street and the media were still praising it as a great company to buy… Louis Navellier’s legendary stock grading system flashed an urgent warning to get out. Unfortunately, thousands of everyday people missed out on this warning and were led right into the historic collapse.

Headquartered in Burlington, Mass., Desktop Metal (NYSE:DM) is an additive manufacturing company that’s mainly known for its 3D printing business. The terms “additive manufacturing” and “3D printing” might entice technology investors to consider a long position in DM stock, but be careful. Source: Pixel B / Shutterstock.com It’s entirely possible to believe in a business niche,

AMC Entertainment (NYSE:AMC) announces its Q4 2021 results today after the market closes. While they’re expected to be positive, that won’t save AMC stock. Source: Helen89 / Shutterstock.com In early February, I suggested that AMC’s best year from a financial perspective was 2018 when revenues were $5.46 billion with $265 million in operating profits.  Heading

In July of last year, Mad Money‘s Jim Cramer tried to warn prospective investors about Chinese ride-hailing giant DiDi Global (NYSE:DIDI). Referring to Chinese initial public offerings (IPOs) in general and DIDI stock in particular, Cramer cautioned, “you should steer clear of them at all cost.” Source: DANIEL CONSTANTE / Shutterstock.com In a similar vein, DoubleLine founder

Among the pandemic-era favorites, ContextLogic (NASDAQ:WISH) may be the one that’s seen the biggest reversal of fortune. Over the past year, WISH stock has cratered in price, after its e-commerce platform (Wish.com) experienced a user exodus, declining sales, and very high operating losses. Source: Ralf Liebhold / Shutterstock.com As you may know, the company has been

There’s been a positive charge in electric vehicle (EV) battery play Solid Power (NASDAQ:SLDP) today. But is this excited behavior solid evidence that investors should purchase SLDP stock? Source: Shutterstock Let’s take a look at what’s happening in Solid Power off and on the price chart, then offer a risk-adjusted determination aligned with those findings.

DraftKings (NASDAQ:DKNG) is still blowing through large amounts of cash flow as seen in its latest quarterly results, released on Feb. 18. As a result, if this keeps up, DKNG stock could be in for a rough time over the next year. Source: Lori Butcher/Shutterstock.com This is after the stock has already cratered. It is

Despite the global pandemic receding, cruise line operator Carnival Corp. (NYSE:CCL) continues to navigate choppy waters. CCL stock is going to need more than just a life raft to recover from the pandemic. Source: Kokoulina / Shutterstock.com Carnival’s stock has been as unpredictable as its sailing schedule lately. Year-to-date, the company’s share price is up

Block (NYSE:SQ) investors are in a tough spot right now. Down 67% in the past six months, SQ stock continues to drop in price. Many may be trying to bottom-fish with this fintech firm, formerly known as Square. Source: Piotr Swat / Shutterstock.com But as the factors that drove its epic decline remain, buying it

Bionano Genomics (NASDAQ:BNGO) is a life sciences instrumentation company focused on the genome analysis space. Its products include Saphyr, Bionano Chips, Bionano Prep Kits, and Bionano Data Solutions. Source: Dennis Diatel / Shutterstock.com The firm has discovered research about cancer, genetic diseases, and genome assembly, whereas its clinical research is about Facioscapulohumeral Muscular Dystrophy (FSHD) and