Stocks to sell

With Airbnb (NASDAQ:ABNB) unlikely to benefit from the reopening of economies as much as conventional hotels and still facing multiple other challenges, I continue to recommend selling ABNB stock. Source: BigTunaOnline / Shutterstock.com Further, the shares’ extremely high valuation compared to other names in the lodging sector makes me wary of recommending the name at
0 Comments
Just because the business of AMC Entertainment (NYSE:AMC) remains fundamentally unchanged doesn’t mean that AMC stock should stagnate. That much was proven to be true on May 28, when the “meme stock” rocketed upward again, reaching a high of $36.72. Source: rblfmr / Shutterstock.com However, this particular run up in AMC stock was fundamentally different
0 Comments
After investigating Palantir (NYSE:PLTR) further, I’ve found more reasons to be worried about PLTR stock. Despite the company’s large year-over-year (YOY) growth rates in the first quarter, there are signs that Palantir’s top-line expansion is stagnating. Its net losses rapidly increased on a YOY basis last quarter and in all of 2020. Source: Sundry Photography
0 Comments
Since the start of May, Covid-19 vaccine play Ocugen (NASDAQ:OCGN) stock is down around 50%. But the company has made some progress in bringing Covaxin, developed in India by Bharat Biotech, to the U.S. market. So, are things back on track? Source: Shutterstock Yes and no. Sure, the company now has a set date (June)
0 Comments
Thursday was an incredibly bullish day for wild stocks. The small-caps were strongest adding 3% in two days. The best example was the explosion in AMC (NYSE:AMC) up 35% Thursday alone. That tornado included most EV stocks like Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO) rose 2% and 3% respectively. You had to look hard to find
0 Comments
The first-quarter announcement season has been absolutely stunning for my Growth Investor stocks, which posted wave-after-wave of sales and earnings surprises. Source: Northfoto / Shutterstock.com Of the 58 companies on my Growth Investor Buy List that have reported as of this writing, 79% have posted positive earnings surprises that have bested Wall Street’s estimates, with
0 Comments
The chart of Canoo (NASDAQ:GOEV) stock looks like a bubble that has popped. GOEV stock lost its momentum as investors dumped the shares of speculative automakers. With no revenue in its last reported quarter and its expenses poised to climb, why should investors even consider buying Canoo’s shares? GOEV Stock Weakened Ahead of the Company’s
0 Comments
Unless something changes over the remaining seven months of the year, I’m prepared right now to name GameStop (NYSE:GME) the business story of 2021, with GME stock up more than 1,100% year-to-date, remaining stubbornly above $200.  Source: Shutterstock / mundissima I don’t know about you, but I continue to be amazed by GameStop’s resilience. Here’s
0 Comments