Stocks to sell

Sorry to say it, but it’s time for the perma-bulls to give up on electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID). The company’s subpar financials and disappointing delivery data certainly don’t bode well for LCID stock. Besides, it’s problematic that Lucid Group is selling ultra-expensive vehicles while Tesla (NASDAQ:TSLA) is using the smarter strategy of implementing price

The current recovery in the stock market has been uneven. Tech is booming, financials are lagging and everything in between is a mixed bag. This is frustrating, especially as some once dominant stocks continue to fall to new lows. This has created some stocks with big red flags that could crash. Many strong businesses that

The story of QuantumScape (NYSE:QS) stock illustrates the problem of investing in science or engineering, and in any “pre-revenue” company. My son is now a scientist. It’s a difficult business. He comes home frustrated many evenings. Things don’t always work. Failure is most definitely an option. Engineering to scale scientific theories is just as difficult.

Previously, we warned you about the never-ending plunge in Plug Power (NASDAQ:PLUG) stock. Could an already bad situation get even worse? It’s possible, as Plug Power is suddenly dipping into an electric vehicle infrastructure niche market. This could be a major failure for a company that can’t easily afford to fail. Eager traders are constantly on

While chasing returns and profits is the name of the game for investors, one way to torpedo your portfolio is to fill it with overvalued stocks. Stocks become overvalued when they trade at a higher price than their actual value, based on measurements such as earnings and growth projections. Many investors use price-to-earnings ratios, price-to-sales

Last year, U.S. equities could only be described as volatile and underperforming. The macroeconomic environment, intensified in part by Russia’s invasion of Ukraine and China’s “zero Covid” policy, led to elevated commodities prices worldwide. Inflation reached a point where the U.S. Federal Reserve had to act by raising interest rates seven consecutive times. The Dow

At first glance, China-based electric vehicle (EV) manufacturer Nio’s (NYSE:NIO) April delivery data might seem positive. Yet, it’s essential to dig into the numbers and put them in context before you think about buying NIO stock. Moreover, Nio’s stubborn refusal to budge on the issue of vehicle price cuts is probably a huge mistake. Along with

Prudent investors are now forced to reassess their portfolios and risk profiles. Indeed, for those invested in penny stocks, the promise of substantial returns is great. However, these stocks also offer incredibly high risk and unpredictability. Accordingly, as interest rates rise and economic conditions deteriorate, these stocks may not be the best place to hide. These

If you, like many economists, believe that the U.S. is headed for a recession this year, you may wonder when to sell cyclical stocks. Cyclical stocks rise and fall with the economy. In good economic times, cyclical stocks perform better. And when things are tightening, it may be time to look for the best cyclical

As interest rates continue to climb, there are plenty of overvalued hyper-growth stocks to avoid right now. This comes even as stocks, in particular growth stocks, have pulled back considerably since late 2021. Even so, despite big price declines, many high-profile names in these fast-growing areas continue to sport inflated valuations. There are two reasons these

It’s understandable if you’re impressed with Meta Platforms’ (NASDAQ:META) first-quarter 2023 results. However, it appears that any positive news has already been priced into META stock. Besides, there are notable red flags surrounding Meta Platforms, including scrutiny from an arm of the U.S. government. Meta Platforms and its CEO, Mark Zuckerberg, are no strangers to controversy.

In recent weeks oil prices have tanked leading to some overvalued energy stocks. Through the first week of May, crude oil prices declined for three consecutive weeks in what amounts to the biggest pullback since November 2022. In the first week of May alone, the price of West Texas Intermediate crude oil, the U.S. standard,

As you may already know, the next big event for Rivian Automotive (NASDAQ:RIVN) is today. That is, the latest quarterly results for RIVN stock will hit the street post-market. Given that the electric vehicle (or EV) maker’s quarterly production and delivery numbers were released over a month ago, there may not be too many negative

Although the next round of key inflation reports could change their tune, Federal Reserve officials for now remain adamant about raising interest rates to curb inflation. In fact, if they do it’s important to stay away from the worst dividend stocks for rising rates. Sure, plenty of contrarian investors believe that the Fed is on

In past years, the media and social media have highlighted so-called meme stocks repeatedly. However, this trend can be hazardous for individuals who need more financial literacy and are supposed to be responsible long-term investors. They may need proper knowledge to build a diversified portfolio and adhere to an investment plan. Stock speculation is a

There’s no denying that electric vehicle battery technology company QuantumScape (NYSE:QS) is an early mover in a high-conviction niche industry. QS stock investors have every right to be excited about QuantumScape’s advancements in developing solid-state lithium batteries. QuantumScape’s path to product commercialization doesn’t seem to have any end in sight. Financial traders should remain cautious for

John Chen, the CEO of BlackBerry (NYSE:BB), is highly optimistic about the company, but that’s to be expected. Unfortunately for BB stock investors, BlackBerry’s fiscal data doesn’t show that the company is successfully transitioning into a modern technology business of the 2020s. It feels like a million years ago that former President Barack Obama had

I’m usually a big fan of tech stocks. The tech sector enjoyed huge returns from 2016 to 2021, as seen by the tech-heavy Nasdaq composite’s gain of more than 200%. And even though the sector has been down since those heady days, I’m not ready to write off the entire sector. You have to know

Block (NYSE:SQ), parent company of online payment processor Square, has been the subject of many headlines in recent weeks, and not for the best of reasons. Accusations from a prominent short-seller (Hindenburg Research), while not necessarily proven, have attracted a lot of attention and placed pressure on SQ stock. However, if you believe that these

On the surface, SoFi’s (NASDAQ:SOFI) first-quarter results looked quite good. In fact, the company delivered beat-and-raise earnings which tend to thrill investors. But since the lender reported the results on May 1, the shares have tumbled 18%. There appears to be a specific reason for the decline, and the issue could be a huge red