Stocks to sell

Meme momentum is fading rapidly for AMC Entertainment (AMC) and AMC stock. Positive sentiment alone accounted for AMC’s price rise. Investors should take this opportunity to bail from AMC now. Investors may cite improving movie attendance as a reason to buy AMC Entertainment (NYSE:AMC) stock. At the same time, they are shunning Netflix (NASDAQ:NFLX) and
0 Comments
Shares of Sunrun (RUN) have reversed higher after the company’s Q1 results. The company remains unprofitable and faces headwinds. It is not clear whether RUN stock has found a bottom or has further to fall. Source: IgorGolovniov / Shutterstock.com Have shares of solar panel company Sunrun (NASDAQ:RUN) finally hit bottom? Signs look encouraging. On May
0 Comments
Strong first quarter (Q1) earnings have AMC (AMC) stock momentarily moving upward.  A short squeeze potential exists again for AMC stock. The earnings beat is also affecting other meme stock prices.  Source: QualityHD / Shutterstock.com If nothing else, AMC Entertainment (NYSE:AMC) stock continues to prove its ability to shock the market. The news this time
0 Comments
Tesla (TSLA) stock is overvalued and Chief Executive Officer (CEO) Elon Musk is bored. The company has yet to begin planning on a true mass market car. Tesla loses share wherever the middle class gets into the electric revolution. Source: Ivan Marc / Shutterstock.com I am not a fan of Tesla (NASDAQ:TSLA) or TSLA stock.
0 Comments
Some Chinese stocks have generated the occasional pop, but the risk-reward is skewed bearishly. Alibaba (BABA): China’s flagship has been plunging for the better part of the trailing year. JD.com (JD): JD.com is now reflecting consumer weaknesses pinged earlier this year. Ping An Insurance (PNGAY): Ping An is a worryingly exposed company, especially for an
0 Comments
Late last month, virtual healthcare company Teladoc Health (TDOC) experienced a post-earnings plunge. Despite the big drop, a recovery will prove difficult. With the prognosis unchanged, though, steer clear of TDOC stock. Source: Postmodern Studio / Shutterstock.com Like many pandemic-era favorites, the situation has gone from bad to worse when it comes to shares of
0 Comments
Several SPAC mergers could be abandoned this year, with these three at particular risk. Riley Principal 150 Merger Corp (NASDAQ:BRPM): FaZe Clan’s poor liquidity and missed targets could make investors develop cold feet as the SPAC merger deal progresses. Digital World Acquisition Corp (NASDAQ:DWAC): Former President Donald Trump-related Truth Social platform’s launch faced challenges, regulatory
0 Comments
Novavax (NASDAQ:NVAX) was so close to hitting gold, but the delay in FDA approval for its Covid-19 vaccine has taken the life out of this stock, leaving a lot of investors wondering — what’s next? After reporting its first-quarter results, NVAX stock dipped 20% and hit $43. Despite making the right moves and filing for
0 Comments
The enthusiastic remarks of AMC (NYSE:AMC) Chief Executive Officer (CEO) Adam Aron after the company’s better-than-expected first-quarter results seemed misplaced. His comments reminded me of sports teams that had a horrible win-lose record and are losing by a wide margin in a game they’re currently playing, but celebrate one good play they made as if
0 Comments