Stocks to sell

Prudent investors should stick to the game plan in 2024. That means that they should continue to find overpriced stocks to sell of companies that look fundamentally unsound. This may seem harder to do in 2024 as it looks like rate cuts will soon come. The point here is that cheaper money will soon be

Lucid Group (NASDAQ:LCID) faces quite the headwinds in the EV sector, in terms of both production and pricing. In 2023, LCID stock only delivered 6,001 vehicles with a three-time price cut to boost sales. December was even more disappointing, with just 2,391 cars. It’s no secret that Lucid is among the most troubled EV makers

The electric vehicle (EV) market slump continues to overwhelm EV producers worldwide. Nio (NYSE:NIO) stock is one of the up-and-coming China-based EV startups that has been gravely affected by weaker demand in the burgeoning car market. Nio’s share price has fallen nearly 33% on a year-to-date perspective. As the company continues to falter, investors who

With the stock markets consistently printing new record highs, it is prudent to consider whether it’s time to jump ship on some stocks surging too high, too fast. This is a logical line of inquiry, given the strong rise since marking a bottom back in October. The benchmark S&P 500 index has seen its price-to-earnings

Stocks are at the mercy of many factors, and often, prices are just a poor earnings report or a negative headline away from a significant drop. There are times when nobody has any way of preparing. In many instances, however, early signs of trouble creep in. Sensible investors can identify potential issues from declining financial

Earlier this month, we provided a warning to prospective investors of China-based electric vehicle manufacturer Nio (NYSE:NIO). Now, we have more data on Nio, and the bearish argument is only getting stronger. We’re assigning a “D” grade to NIO stock and we don’t recommend buying it now. Nio can use all kinds of tactics, like trying to

If you’re wondering about which AI stocks to sell, look no further. With AI chatbots first going viral in 2023 many analysts have started questioning the hype cycle around AI. While generative AI has proven to shorten workflows around coding and stock imagery, price corrections could be on the way. There are certainly some negative

On Wall Street, you need any edge you can get, especially when it comes to deciphering which stocks to sell (and when). Some may turn to advanced solutions such as high-frequency trading algorithms. Others turn to oddball ideas, such as deciphering magazine covers. It’s not as irrational as it may initially sound. For example, sports

The Invesco QQQ Trust ETF (NASDAQ:QQQ), a fund largely composed of tech stocks, has soared 45% over the past year. And in some specific semiconductor and AI-related names, the gains have been parabolic. Super Micro Computer (NASDAQ:SMCI) has rocketed more than 1,000% over the past 12 months, to give one example. While the gains have

Investor enthusiasm for risk continues to increase as the stock market notches up fresh highs. Hence, amidst the bullishness, it’s an opportune time to offload penny stocks to sell and optimize your portfolio. The bullishness in the market reflects a major shift from the cautious stance prevalent in the past couple of years. Yet, despite

After the market rallied to a new record high last week, there is plenty of talk about which overvalued stocks may be in danger zone. The S&P 500 nearly doubles its median price-to-earnings (P/E) ratio of 15, currently at a P/E of 28 times. With artificial intelligence (AI) driving markets, there is speculation about whether

U.S. tech equities sustained a jaw-breaking rally in 2023, with the Nasdaq beating all other indices, accruing a more than 43% return. Big tech and a number of other small-to-mid cap tech stocks have also been on the rise in 2024. The S&P 500 and Nasdaq have risen 7.15% and 8.5% on a year-to-date basis. While equities appear

Wall Street recently experienced a moment akin to the Super Bowl. Nvidia’s (NASDAQ:NVDA) much-anticipated quarterly earnings were set to reveal the impact of the artificial intelligence (AI) boom on the markets. In the aftermath of the report, Nvidia and other AI stocks have continued to surge.This underscored the importance of identifying AI stocks to sell

The speculative juices are flowing at full force right now. The cryptocurrency market is reaching new heights, and all sorts of new coin projects are taking off. On the equity side of things, quantum computing, AI, and semiconductors are among the flourishing growth sectors. Investors could be forgiven for thinking that we’re back in 2021,

This past November, Roundhill Investments announced it was closing the Roundhill MEME ETF after less than two years due to poor net assets resulting from the terrible performance of stocks held by the ETF. Some of these poorly performing meme stocks to sell remain just that: stocks to sell.  “‘The marketplace decides what survives and

Recent trends in the stock market have seen a shift in investor interest from tech giants, known as the Magnificent 7, towards pharmaceutical companies, particularly those involved in weight-loss drugs. But, it’s important to identify which pharma stocks to sell before they plummet, as not all will benefit equally from the hype. As a result,

The market might be at an all-time high, but that doesn’t mean that every stock out there is a buy. The reality is that it remains a stock pickers world and investors need to choose wisely to ensure that their portfolio grows and doesn’t become swamped in a sea of red ink. The fourth quarter

The Dow Jones Industrial Average is meant to serve as a proxy for the U.S. economy. The index is comprised of 30 blue-chip stocks that represent different sectors and industries. Known as the “Dow 30,” the index recently made a big change when it removed the stock of retail pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA)

Just when you thought the news couldn’t get any worse for electric vehicle manufacturer Lucid Group (NASDAQ:LCID), it seems like there are always more negative surprises around the corner. In a time when the EV industry is rife with challenges, the last thing you need to do is risk your hard-earned capital on LCID stock. Lucid only produced

2023 was a rough year for electric vehicle space. Industry leaders like Tesla (NASDAQ:TSLA) have seen their shares dramatically underperform as traders focus on other fields like artificial intelligence and semiconductors. It’s not just sentiment, though. EV firms struggle to generate much profitability amid intense competition and an unfavorable macroeconomic backdrop. It seems a period of consolidation