Stocks to sell

Many prominent Wall Street analysts and well-regarded economists are predicting a potential market downturn, or even a crash, this year. Observers say this is particularly likely if the economy falls into a recession, as some people continue to expect. While these dire forecasts seem unlikely in the near term, one never knows. Equity markets can
0 Comments
Tech stocks in the United States sustained a jaw-breaking rally in 2023, with the Nasdaq beating all other indices, accruing a more than 43% return. While stocks largely did not begin 2024 with a great start, the major indices have risen in the past few weeks. Both major indices, S&P 500 and Nasdaq, have almost risen 7% YTD.
0 Comments
Electric vehicle manufacturer Lucid Group (NASDAQ:LCID) makes nice-looking cars, but the price action of LCID stock isn’t nice-looking at all. Sure, the perma-optimists can cherry-pick a positive data point or two, but overall, the bull case for Lucid Group is falling apart quickly. You may have heard from Louis Navellier and the InvestorPlace research staff that Lucid Group’s CEO
0 Comments
There’s no denying that Advanced Micro Devices (NASDAQ:AMD) is a massive beneficiary of the artificial intelligence boom. With the potential to accelerate productivity, companies across industries have jumped aboard the AI bandwagon. Still, few seem to appreciate what’s under the sector’s hood. For this, I am getting skeptical and have a bearish outlook on AMD
0 Comments
SoFi’s (NASDAQ:SOFI) fourth-quarter results, announced on Jan. 31, were quite impressive, as they showed that the fintech firm is growing quite rapidly and has managed to effectively monetize its popularity among millenials and Generation Z. The fintech’s profitability, however, remains low, while the valuation of SOFI stock is still quite elevated. This is a key
0 Comments
Earnings season is still underway, and companies like Rivian (NASDAQ:RIVN) may not be getting the attention they deserve. Indeed, following the incredible results put forward by tech giants such as Nvidia (NASDAQ:NVDA), the bar has clearly been raised across the board. In the EV sector, investors want to see outsized growth, with each earnings report
0 Comments
Some direct-to-consumer (DTC) brands have been under pressure from rising costs, supply chain disruptions, and increased competition. In the United States and globally, for that matter, interest rates are currently elevated. The effective federal funds rate is around 5.33%, and with inflation accelerating more than analysts predicted in January, the U.S. Federal Reserve does not seem
0 Comments
Real estate boom-and-bust cycles are repetitive, and I’m afraid that we look set for another. What’s my premise? Well, the interest-rate cycle has topped out, and the U.S. Treasury yield curve is inverted, which usually means an economic slowdown is set to occur. Moreover, commercial real estate prices are on a steep decline while mortgage rates remain exorbitant. Real Estate Investment
0 Comments
As you may recall from my past coverage of Rivian Automotive (NASDAQ:RIVN), I’ve been bearish about this early-stage electric vehicle stock. However, following the EV maker’s latest quarterly earnings release, my RIVN stock analysis has become even more downbeat. Why? Admittedly, Rivian remains in a much better position than other high-profile EV upstarts. For instance,
0 Comments
In 2023, cryptocurrencies saw remarkable growth, with Bitcoin (BTC-USD) and Ethereum (ETH-USD) surging more than 155% and 90%, respectively. Several top 100 tokens surged up to 9600%, with many of the most prominent layer-1 blockchains seeing impressive upside (and I’ll get to those shortly). Despite the staggering gains in many top cryptocurrencies, risks abound. We
0 Comments