Stocks to sell

Blackberry Limited (NYSE:BB), the Canadian IoT (Internet of Things) software and security company, has seen its stock tumble over the past month by about 10% or so. Moreover, BB stock is down from its recent closing peak of $15.88 on June 3 to $10.29 as of Aug. 6. That represents a drop of over 35%

Palantir (NYSE:PLTR) is a company that I cannot find a better phrase to describe than the well-known “Houston, we have a problem.” PLTR stock made its debut in 2020 through a standard IPO and gained significant traction in early 2021. With a 52-week high price of $45, it has sold off that early traction in

Robinhood Markets (NASDAQ:HOOD) got off to a rocky start following its recent initial public offering. HOOD stock closed its first trading day down more than 8%. Source: OpturaDesign / Shutterstock.com In the days that followed, Robinhood has skyrocketed to more than double its $38 IPO price. There’s no question Robinhood has been a tremendous success

Ashford Hospitality Trust (NYSE:AHT) claims to be “well-positioned to capitalize on the lodging recovery” its investor presentation. But judging by the price action of AHT stock, the shareholders have definitely not been capitalizing as they’ve struggled to get back to break even. Source: Shutterstock Regardless, the company claims to have a “clear path forward to capitalize

Putting it simply, Vinco Ventures (NASDAQ:BBIG) is the kind of penny stock that’s a hard pass in normal market conditions. But, of course, what we have seen play out in the past year has been anything but normal. With phenomena like “meme stock madness,” rolling the dice on something like BBIG stock has become a

Throughout 2021, I’ve been periodically weighing in on the original meme stock –GameStop (NYSE:GME). My message has been to have fun trading GME stock, but don’t buy and hold it for the long term. Source: quietbits / Shutterstock.com I’ve taken a lot of heat this year for simply pointing out that the share prices of

As longtime readers know, I’m a huge electric vehicle (EV) stock bull. I’m 100% confident that electric vehicles will entirely replace gas-powered by cars by 2040, thanks to improving EV technology, falling battery costs, shifting consumer demand to eco-friendly products, and increasing supply of EVs. At this point, the EV Revolution is inevitable, and EV

Meme stocks have dominated in 2021, and SOS Limited (NYSE:SOS) has benefited from the trend of irrational exuberance in investments. If you’re considering taking a position in SOS stock, there are a few things you should know first. Source: Mark Agnor / Shutterstock.com From its unfocused business model to its shaky fundamentals, SOS Limited is

So far crypto mining company SOS Limited (NYSE:SOS) has not released either its Q1 or Q2 earnings (in this case losses) or its balance sheet. That makes SOS stock nothing more than a gamble right now. Source: Mark Agnor / Shutterstock.com As I wrote in my last article on SOS stock, I expect that it will

Last month, Marin Software (NASDAQ:MRIN) enjoyed a meme stock rally that made similar runs seem tame by comparison. But that doesn’t mean it’s wise to buy MRIN stock now as it crashes back to earth. The circumstances that helped the digital marketing software stock rise 16-fold aren’t likely to repeat themselves. Three factors worked in

Virgin Galactic (NYSE:SPCE) stock has been on a wild ride, but its heydays might be fading. Source: Brian Friedman / Shutterstock.com More than four decades ago, the musical act The Buggles released a song called Video Killed The Radio Star. A catchy little tune, the song carried a greater meaning (whether intentional or not) —

Back in January, I covered Sundial Growers (NASDAQ:SNDL) and wrote a bearish article. Essentially, I called SNDL stock a gamble. Now, seven months later, things have not changed much. Source: Shutterstock Of course, it’s hard for a company to present enough news and positive financial performance to radically change an investment thesis over such a

Nio (NYSE:NIO) stock has an awful lot riding on its upcoming earnings report. Source: Sundry Photography / Shutterstock.com For any publicly traded company, earnings reports are critical as they present a showcase for stakeholders and prospective buyers. But for Nio, the financial disclosure for the second quarter will truly determine whether people can trust its

Bionano (NASDAQ:BNGO) is a small life sciences company. Biotech companies use Bionano’s Saphyr system for researching DNA and to diagnose illnesses caused by genetics. Up until recently, Bionano has had difficulty achieving widespread market adoption for Saphyr. However, BNGO stock has gone on a wild ride over the past year as traders gravitated to Bionano’s

At one point, Zomedica (NYSE:ZOM) could do no wrong. ZOM stock would explode some 2,900% from its November 2020 lows. The company was nearing commercialization of its point-of-care diagnostic product. Even the pet industry was howling about the opportunity. Source: Postmodern Studio / Shutterstock.com Nowadays, Zomedica has become a slow-motion train wreck. In fact, the last

Meta Materials (NASDAQ:MMAT) is a Canadian company that recently listed on the Nasdaq via a SPAC (special purpose acquisition corporation) reverse merger. To put it bluntly, MMAT stock is the kind of highly speculative stock you ought to avoid. Source: Shutterstock This high-tech company develops nanocomposite materials and products. The debt-free company announced it had closed

In a matter of weeks, DiDi Global (NYSE:DIDI) stock has gone from a hot IPO to an undeniable disaster. Soon after its debut on the U.S. stock market at an initial price of $14 per share, the China-based ride-hailing company was hit hard by the  Chinese government’s decision to investigate and penalize it. The shares

Shares of digital marketing platform Marin Software (NASDAQ:MRIN) have been on a rollercoaster of late. MRIN stock was trading at $3.50 on June 24 and shot up to highs of $27 in the first week of July. It has surged in popularity due to the growing retail trading interest in the stock and news of its

Over the last few weeks, there have been more than enough reasons to be skeptical about the record-breaking run in equities. Recently, I’ve been harping on the ridiculous amount of speculation in the market. But even more problematic is the Covid-19 pandemic. Just when you thought the crisis was fading into the rearview mirror, cases

With Covid-19 vaccination rates slowing around the world, now is not the time to buy biotechnology company Novavax (NASDAQ:NVAX) stock. Source: Ascannio/Shutterstock.com NVAX stock fell 10% between July 20 and July 27 as hope fades that the company will be able to get its Covid-19 vaccine to market in time to capitalize on demand for