Stocks to sell

Source: Pixel B / Shutterstock.com 3D printing startup Desktop Metal (NYSE:DM) has gotten itself into a jam. The firm previously raised hundreds of millions of dollars from well-known investors including Google Ventures (NASDAQ:GOOG, GOOGL) and Ford Motor (NYSE:F). However, Desktop Metal has struggled to commercialize its technology, and the value of DM stock has collapsed 82%
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Looking under the hood of Mullen Automotive (NASDAQ:MULN) does not make me, to say the least, very confident in MULN stock. One of the company’s greatest achievements is supposed to be the electric-vehicle battery that it has produced. According to Mullen, its battery can deliver more than 600 miles of range. That number is, as
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FuelCell Energy (NASDAQ:FCEL) is an ambitious provider of environmentally friendly fuel-cell systems. It’s encouraging to see FuelCell Energy partnering with premier businesses to accelerate clean-energy initiatives. At the same time, cautious investors should stay away from FCEL stock until the company improves its financials. Russia’s invasion of Ukraine has compelled some nations and businesses to consider
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Amazon (NASDAQ:AMZN) stock has surged by more than 12% (on a relative basis) in the past month amid enthusiasm about its 20-for-1 stock split. Many investors seem over the moon about their gains, and rightly so. However, it’s time to think about matters prospectively. I sincerely doubt that Amazon stock will resume its upward trajectory
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Source: Tero Vesalainen / Shutterstock.com Ride-hailing and delivery company Lyft (NASDAQ:LYFT) continues to disappoint investors on multiple fronts. LYFT stock is down 63% year to date and trading 78% below its initial public offering (IPO) price of $72 per share from March 2019. Currently, shares sit just above their all-time low. The San Francisco-based company
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Snap (NYSE:SNAP) couldn’t have had a worse year in its business history. SNAP stock crashed after the warning about the business outlook and has dropped more than 40% since then. The stock is down more than 70% in the past six months and I believe the downward streak will continue. SNAP stock is currently trading
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Miami-headquartered cruise operator Carnival (NYSE:CCL) is famous on multiple continents for providing fun getaways. But there’s nothing fun about holding CCL stock through a drawdown, and investors should prepare for choppy waters ahead. It’s been over two years since the Covid-19 pandemic came to the U.S. and wreaked havoc on the nation’s businesses. Among the
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