Stocks to sell

Biogen (NASDAQ:BIIB) stock ripped higher this week on approval of its Alzheimer’s drug, Aduhelm. Source: PictureDesignSwiss / Shutterstock.com Analysts seemed taken with Biogen’s proposed pricing, $56,000 per year. It’s based on the cost of Alzheimer’s in lost life and nursing care. A scientific panel refused to endorse the drug last year. The panel voted 8-1
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InvestorPlace columnist Brenden Rearick recently discussed Castor Maritime’s (NASDAQ:CTRM) first profitable quarter since 2019. Interestingly, despite the positive results, CTRM stock fell on the news.  Source: Pavel Kapysh / Shutterstock.com Rearick points out that the company is ready to take advantage of the “strong demand for dry bulk transportation services” with 18 dry bulk carriers
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BlackBerry (NYSE:BB) stock often rises meteorically and then crashes quickly. That’s what has happened recently to the shares of the Canadian company that was once known for its phones and is now focused on security software.  Source: Paul McKinnon/Shutterstock.com BB stock doubled between June 1 and June 3, spiking above $20 at 9:30 am on
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Just when I thought there might be a nice orderly selloff of GameStop (NYSE:GME) stock, the Reddit crowd is back at it. In the 30 days ending June 1, GME stock jumped 53%. And the only explanation that seems to fit is that the Reddit crowd simply loves to pump up heavily shorted stocks.   Source: Shutterstock
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Hopeful investors gave up in the weeks that followed QuantumScape’s (NYSE:QS) quarterly results. QS stock tried to bounce back to above the $30 range last month but failed. Source: Michael Vi/Shutterstock.com Investors cannot get over the higher capital expenses ahead. Though liquidity fueled the stock after its post-SPAC (special purpose acquisition company) status, reality weighs
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