Stocks to sell

Safemoon (SAFEMOON-USD) was one of the most popular meme coins in early 2021. The company reached an all-time high market capitalization of $5.75 billion on in May 2021. However, the cryptocurrency has since declined and there does not seem to be a revival in the immediate future. Since the start of this year, Safemoon has
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Rivian (RIVN) is facing macroeconomic and geopolitical headwinds The IPO lock-up expires in May, allowing early investors to sell their shares Investors should stay away from RIVN stock until further updates are provided on fundamentals Source: Miro Vrlik Photography / Shutterstock.com Rivian’s (NASDAQ:RIVN) fall from grace is a hard pill to swallow for its investors.
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Camber Energy (CEI) says it’s a carbon capture play It’s a failing oil driller, backed by tweets and a short squeeze Please don’t buy it unless you like to lose money Source: OlegRi / Shutterstock Camber Energy (NYSEAMERICAN:CEI) stock is not and likely never will be an investment. It’s a dream, backed by stock, that
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Novavax (NASDAQ:NVAX) stock has seen a big plunge from all-time highs of $277. The downtrend seems unabated with NVAX stock trading almost 6% lower in today’s trade. A surge in cases related to omicron subvariant BA.2 is an indication of the point that the pandemic is far from over. However, NVAX stock has not responded
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Tesla’s (NASDAQ:TSLA) Austin gigafactory Factory will benefit stock prices. But Tesla’s most productive factory now sits idle due to Covid-19 precautions. Hawkish news out of the Federal Reserve doesn’t benefit growth plays including Tesla. Source: Grisha Bruev / Shutterstock.com Tesla (NASDAQ:TSLA) is battling a lot of production issues currently. As a result, the stock could
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Newegg (NASDAQ:NEGG) stock has important strengths and key weaknesses. Newegg — an e-commerce company that focuses on tech — is a profitable, rapidly growing company in an expanding, very promising sector. But on the other hand, it appears to be a meme stock and has become linked to cryptocurrencies at a time when meme stocks
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Biogen’s (BIIB) Aduhelm looks like a market failure Approvals on treatments that don’t cure are now under challenge There can be no unlimited draw from a limited pool of funds Source: PictureDesignSwiss / Shutterstock.com When Biogen (NASDAQ:BIIB) stock got its Alzheimer’s drug Aduhelm approved last June, the stock spiked to nearly $420/share. It was due
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Today’s price action in the broader market is certainly something most investors don’t want to see. The three major indices are solid red, with most major growth stocks getting hit hard today. Investors in SoFi Technologies (NASDAQ:SOFI) and SOFI stock have not been spared. In fact, SOFI stock hit a fresh new 52-week low today, trading as low
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PayPal (PYPL) investors are undoubtedly seeking relief after the company’s disappointing financial report. Yet, that relief is unlikely to come as PayPal will have to deal with a potentially turbulent cryptocurrency market. Investors should sidestep these tricky issues by simply refraining from buying shares of PayPal. Source: Michael Vi / Shutterstock.com It’s no secret that
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MoffettNathanson is the latest analyst firm to sound the alarm on fintech stocks in a report titled, “Fintech: down but not out.” Affirm (NASDAQ:AFRM) is one of the companies under fire, which provides consumers with a “buy now, pay later” option on their purchases. In the year thus far, AFRM stock has declined by over 60%.
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New Oriental Education (NYSE:EDU) is up more than 900% today after the stock underwent a one-for-ten American Depositary Shares (ADS) reverse split. The operation did not affect the fundamentals of the education specialist and investors should not get too excited by it. Indeed, after the ADS ratio change, EDU stock trading price was expected to increase proportionally,
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