In the aftermath of the Covid-19-induced sell-off in the first quarter of 2020, high-growth stocks sprung to life. In particular, EV stocks charged higher. As investors soured on growth stocks, though, the highest fliers became some of the recent bear market’s biggest losers. And while there may be opportunities in some of the more established
Stocks to sell
Investor enthusiasm for Nio (NYSE:NIO) stock has started to renew since May. After falling to as low as $11.70 per share, the China-based electric vehicle (or EV maker) has climbed back to around $19 per share. While still down big from its all-time high hit in 2021, it remains one of the more popular EV
With hardly any warning, Weber (NASDAQ:WEBR) stock garnered attention among traders recently and catapulted higher. Is this due to company-specific news, such as a terrific earnings report? Not at all, as Weber has actually swung from a profit to a net earnings loss. More likely, this is all just part of the current meme stock craze.
The popular meme stocks also can be the most fraught. For example, a series of actions taken by billionaire investor Ryan Cohen last week contributed to the collapse of most popular meme stocks over the last few trading days. Cohen’s company, RC Ventures, disclosed on Monday, Aug. 16 that “it had purchased call options on 1.67 million
Not long ago, Vroom (NASDAQ:VRM) stock garnered attention in the financial press. Reportedly, Bill Gates’s organization, the Gates Foundation, took a stake in the New York-headquartered digital car-buying platform. However, individual investors must make their own decisions. Besides, based on Vroom’s financials, it looks like the company is having major problems. Celebrity status can enhance the
Recent news regarding student loans is throwing SoFi (NASDAQ:SOFI) stock back into the spotlight. With the unveiling of President Joe Biden’s student debt relief plan, shares in the fintech firm have moved higher on the news. Why? Along with providing targeted debt relief, the White House’s plan brings an end to the student loan moratorium,
Previously obscure Helbiz (NASDAQ:HLBZ) stock suddenly received a lot of attention among traders recently, likely due to a resurgence of the meme-stock movement. Cautious traders should observe that Helbiz isn’t a profitable company, though, and would be wise to stay out of the trade altogether. Helbiz’s main business is micro-mobility services, which might sound intriguing. However,
It’s probably high time to look at your portfolio and see which growth stocks to sell. It has been a disappointing year on Wall Street, to say the least. In 2021, the major indices were up anywhere from 19.5% to 26.9%. Not too shabby. But so far this year, we’ve not had any such luck.
An economic recession is looking increasingly likely and it’s time to look around for stocks to sell. A majority of economists (72%) polled by the National Association of Business Economics say they expect the U.S. to enter a recession by the middle of next year. By some measures, the U.S. is already in a recession,
A Black Swan is a rare, catastrophic event that hits the stock market and causes it to crash, unleashing terrible losses for investors. Examples of Black Swan Events include the Black Monday crash of 1987, the dot-com bubble bursting in 2001, the 2008 financial crisis, and the pandemic crash that occurred in March 2020. The
There will always be ups and downs when it comes to stocks. But sometimes, the downturn can be more severe than usual. Knowing which stocks to sell during a downturn is important to save your portfolio. Deciding which stocks to sell can be difficult. You need to watch the general market trend as well as
New York-headquartered Mind Medicine (NASDAQ:MNMD), sometimes informally known as MindMed, was largely unknown on Wall Street. Recently, however, Mind Medicine garnered attention because one meme-stock trader reportedly bought shares of MNMD stock. It would be hasty to jump into this trade, though, as Mind Medicine’s business fundamentals aren’t ideal. Mind Medicine develops medical and/or mental health
Since going public last year, Torrid Holdings (NYSE:CURV) stock has performed poorly, down around 78% from its debut price ($21 per share). The apparel retailer has tanked both as the result of rising fears of a recession and company-specific news. Even so, you may be interested in the stock. If not because of its fundamentals,
It can be tough to give up on what seemed like a good bet, but in downtimes, it is important to single out growth stocks to sell. One of the absolute worst things you can have in your portfolio is a growth stock that’s stopped growing. Those types of names are stocks that you need
While no guarantees of a housing market crash exist, investors may need to start considering sector-related stocks to sell. Primarily, it’s no longer amateur doom-and-gloom luminaries broadcasting bearishness. Instead, the National Association of Realtors confirmed what the National Association of Home Builders admitted: residential real estate has entered a recession. Per a CNBC report, home
There’s seemingly good news, but really more bad news, when it comes to neo-banking firm SoFi Technologies (NASDAQ:SOFI) stock. It’s true that SOFI stock popped after the company released its second-quarter 2022 earnings data. Yet, this might have been an over-enthusiastic response to less-than-ideal quarterly results. Besides, SoftBank (OTCMKTS:SFTBY) is selling some or all of its stake
Electric vehicle (EV) stocks have had a tumultuous few years. A number of factors have made some electric-vehicle stocks very risky for investors. Particularly dangerous are EV makers that are generating huge losses, are running low on cash and are far from mass producing EVs. The first factor that has made some EV stocks very
With the market remaining underwater for the year, you may be looking for bargain stocks to buy. Purchasing the shares of such names now, ahead of macroeconomic improvements, could provide investors with big gains when a bull market arises. In particular, purchasing stocks that were hit hardest by the downturn can result in outsized returns.
Growth stocks have been crushed amid the bear market. However, the bear market began long before most investors realize. While the S&P 500 and other major indices didn’t suffer major corrections until January 2022, overrated growth stocks began their correction about a year earlier. It’s interesting, as there was a large divide in growth stocks.
PayPal (NASDAQ:PYPL) stock has had a spectacular month, but its second-quarter 2022 fiscal results had some negative points that some investors are likely ignoring, but shouldn’t. Furthermore, it would be hasty to buy PYPL stock just because activist investor Elliott Investment Management took a position in the shares. There’s a phenomenon in the financial media that might
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