Stocks to sell

Not all businesses in the U.S. were hurt by the Covid-19 pandemic lockdowns. In fact, many companies produced some of their best financial results ever in 2020. Retailers that had a strong omni-channel presence did quite well, including Target (NYSE:TGT). And TGT stock benefitted as well. Source: Robert Gregory Griffeth / Shutterstock.com This 100-year-old retailer

California-based EV start-up Fisker (NYSE:FSR) stock has shed more than 27% of its value in the past month. Momentum stocks such as Fisker took a hit in March and are now trading at a more attractive price point. Source: Eric Broder Van Dyke / Shutterstock.com The price drop comes when CEO Henrik Fisker recently announced 13,000

The mania surrounding FuboTV (NYSE:FUBO) has long since faded. Trading for as much as $62.29 per share in late 2020, sports streaming and wagering play FUBO stock made a partial rebound during February’s wildness surrounding “meme stocks.” Source: monticello / Shutterstock.com But, since that brief trend fizzled out, this stock has basically collapsed. Now changing

Aphria (NASDAQ:APHA) stock could be in trouble. The company reported terrible fiscal third-quarter results on April 12, indicating that my negative thesis on marijuana stocks remains very much intact. Source: Shutterstock Moreover, the outlook of Aphria’s merger partner, Tilray (NASDAQ:TLRY), is worsening. Given these points, I recommend that investors sell APHA stock. There are new indications

Retail investors can’t seem to get enough of Microvision (NASDAQ:MVIS). MVIS stock, which is up almost 30% in two days, is one of the hottest conversation topics on r/WallStreetBets and other social communities. Anointed as the next “battleground” play, MVIS is a target largely because of the stock’s whopping 18% short interest. With an upcoming

When Discovery (NASDAQ:DISCK) quietly rose from a year-long $20.00 to 22.50 range in 2020, few investors talked about it. Between Feb. and March, value investors could not explain Discovery stock breaking out to a high of $78.14. Source: Iftekkhar / Shutterstock.com Only after Archegos Capital imploding on Mar. 28 did markets fully comprehend what drove

The novel coronavirus pandemic has disrupted the cruise industry globally. Prior to 2020, the industry had been experiencing a years-long boom. Now that a bet on the global reopening of the economies is gaining momentum, is it the right time to buy cruise stocks such as Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) stock? There are

At less than one dollar per share, Castor Maritime (NASDAQ:CTRM) stock is an interesting option for investors. Source: Pavel Kapysh / Shutterstock.com The firm just raised $125 million at 65 cents per share as of April 5. And now, CTRM stock sits at 48 cents. This drop has been going on for a while, as I

Most rational arguments I’ve heard and read about Sundial Growers (NASDAQ:SNDL) stock in 2021 arrive at the same conclusion — avoid this investment. Most of my InvestorPlace colleagues are bearish on it. I know I certainly am. At no point have I thought or written that anyone should invest in SNDL stock. Source: Shutterstock Investors

Rule number one of investing is that you don’t buy what you don’t know and can’t understand. Social Capital Hedosophia VI (NASDAQ:IPOF) violated this rule, and the speculators who bought IPOF stock paid the price. Source: Dmitry Demidovich/ShutterStock.com The huge injections of capital by the Federal Reserve and the 2017 tax cut combined to bring

With shares holding steady for the past month, should you buy the pullback in electric-vehicle (EV) maker Nio (NYSE:NIO)? Not so fast. NIO stock still remains popular among investors, even after its more than 40% slide from its all-time highs. Source: xiaorui / Shutterstock.com As I detailed back on Apr. 9, investors were satisfied with

The Reddit-induced short squeeze has made many microcap stocks relevant this year. One such company is MicroVision (NASDAQ:MVIS), whose stock has shot up close to 455% in the past 6-months. It traded below $100 million in market capitalization for several years, but the squeeze helped it grow to a mind-boggling $2 billion. Source: shutterstock.com/FabrikaSimf However,

As one of the more popular penny stocks on tap, Ideanomics (NASDAQ:IDEX) has certainly generated plenty of positive sessions. On a year-to-date basis, IDEX stock is up 30%, which is good, but not the most impressive figure considering the present euphoria. Nevertheless, it’s a lot better than what many speculative investments generated so far in

Carnival (NYSE:CCL) stock has struggled even as the novel-coronavirus pandemic winds down. It’s been the same across all of the cruise industry. Source: Kokoulina / Shutterstock.com Despite impassioned pleading by the companies in the sector and a lawsuit by the state of Florida seeking to end the CDC’s ban on cruises originating from the U.S, the

GameStop (NYSE:GME) sells gaming discs in physical stores that no one is going to anymore. Kids can just as easily rent or buy them online. So why is GME stock trading so high? Source: Shutterstock / mundissima The stock has been on a roller coaster as of late. At the end of December 2020, GME

Canoo (NASDAQ:GOEV) closed its SPAC (special purpose acquisition company) merger on Dec. 21, 2020, and received $607 million. Since then, however, GOEV stock has dropped precipitously. Source: Shutterstock In fact, Canoo has not announced the production partners for its Canoo lifestyle electric vehicle (EV). Maybe this has something to do with the fall in GOEV

Marathon Digital Holdings (NASDAQ:MARA) has been one of the biggest stock stories of late. Shares were well under $1 a year ago, and now trade near $35. At this point, the Bitcoin (CCC:BTC-USD) miner’s meteoric rise should cause trepidation on the part of investors.  Source: Shutterstock In fact, its mining business does seem overpriced. It’s

NCR (NYSE:NCR) is one of the oldest companies on the New York Stock Exchange, but its longevity doesn’t necessarily mean that NCR stock is a good investment. As the former cash register company looks to transition to fintech, the question may be whether it’s doing too little too late. Source: BalkansCat / Shutterstock.com When cash

Rationality is coming back to the pricing of Zomedica (NYSEAMERICAN:ZOM) stock. Source: Postmodern Studio / Shutterstock.com Investors may have been highly bullish on the prospects of Truforma, the company’s veterinary diagnostics platform. But trading leaps and bounds above the potential long-term upside from this catalyst, it was inevitable shares were going to pull back in

I’m a big fan of Chewy (NYSE:CHWY). My household was an early adopter of the service and at this point no doubt qualifies as a “power user.” I bought CHWY stock not long after its June 2019 initial public offering and added to my stake on weakness later that year. Source: Chie Inoue / Shutterstock.com