Stocks to sell

As we race out of the global pandemic, is there still a need for the Covid-19 vaccine being developed by biopharmaceutical company Ocugen (NASDAQ:OCGN)? And what does that mean for OCGN stock? Source: Shutterstock The Malvern, Pennsylvania-based company’s share price has largely been propped up in recent months on excitement related to its proposed vaccine
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AMC Entertainment (NYSE:AMC) has become famous for its “meme stock” presence. In other words, AMC stock and others have become the go-to short-squeeze names and have become well-known favorites among Reddit traders.  Source: rblfmr/Shutterstock.com Earlier this year, we saw an incredible development. Massive short-squeezes across the board had algos, retail traders and others looking to
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Special purpose acquisition company (SPAC) deals that looked great in February now look very dicey. Like the effort by Churchill Capital IV (NASDAQ:CCIV) to buy electric car maker Lucid Motors and become LCID. The CCIV stock story highlights the risks in the SPAC phenomenon. Source: Dmitry Demidovich/ShutterStock.com First, you don’t know the merger target. Once
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In my last write-up for Lordstown Motors (NASDAQ:RIDE) stock, I suggested that the company may be overvalued based on economic metrics. Source: Postmodern Studio / Shutterstock.com Specifically, unemployment trends for the construction industry were more negative than the national trend, which suggested that commercial fleet owners would not be willing to open their wallets. Naturally,
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I’ll continue to be bearish regarding Sundial Growers (NASDAQ:SNDL) stock until it shows investors something positive. Recent earnings only make the situation bleaker and bleaker. Source: Shutterstock And while acquisition news seems appropriate and strategically logical, the results have yet to be seen.  The Lone Positive is False Hope Earnings releases should always be taken
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Buying Luminar Technologies (NASDAQ:LAZR) stock is a bet that Light Detection and Ranging  (Lidar) will become the standard for making vehicles safe and even autonomous. Source: JHVEPhoto/shutterstock.com It’s also a bet on 26-year old Austin Russell, a California native who took Luminar public in December through a SPAC called Gores Metropoulos. LAZR stock shot out
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The disruption that the novel coronavirus caused last year was nothing like we’ve had in centuries. Luckily, we have amazing vaccine companies that succeeded, plus others like Novavax (NASDAQ:NVAX) trying their hardest. NVAX stock is still full of potential and today we will debate owning it. Source: Ascannio/Shutterstock.com Pfizer (NYSE:PFE), Moderna (NASDAQ:MRNA) and AstraZeneca (NASDAQ:AZN)
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It’s abundantly clear that the Reddit-driven rallies in names like Sundial Growers (NASDAQ:SNDL) stock went too far. The supposedly epic “short squeezes” promised since late January haven’t materialized. GameStop (NYSE:GME), AMC Entertainment (NYSE:AMC), SNDL stock and others remain well off their peaks. There’s plenty of reason for skepticism toward those names going forward as well.
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In this crazy market environment where bearishness equates to a reason to buy a particular equity unit, it should be no surprise in this context that Zomedica (NYSEAMERICAN:ZOM) previously dominated the charts. Given that ZOM stock once closed near the $3 level, shares at less than 80 cents sounds like a reasonable opportunity. But if
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While no one knows for sure what the recent rumblings in the major indices entails, looking at the bigger picture, the post-novel-coronavirus rally has been one of the most remarkable in history. Naturally, the bullishness extended to high-profitability potential growth investments like Senseonics (NYSEAMERICAN:SENS). As a play on the science, Senseonics is brilliant. As a
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The pandemic hasn’t been easy for anyone, but it has been the toughest for AMC Entertainment (NYSE:AMC). The theatre chain has faced several problems over the past year, and after being a target of Reddit’s short squeeze, AMC stock has consistently been volatile.  Source: Helen89 / Shutterstock.com The stock went from $2 to hit a
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It could be said that movie-theater chain AMC Entertainment (NYSE:AMC) stock is the ultimate beneficiary of the recovery from the Covid-19 pandemic. Or at least, that’s what some AMC stockholders are hoping for. Source: Helen89 / Shutterstock.com Granted, AMC has reopened nearly all of its theaters in North America. Moreover, the company is gradually bringing moviegoers
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Palantir (NYSE:PLTR) stock may be starting to get out of its slump. Since February, the big data play, and Reddit favorite, has slid significantly from its highs. But, thanks to a strong earnings report, and a possible investment of company funds into Bitcoin (CCC:BTC-USD), shares have bounced back, after briefly falling below the $20 per
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