Stocks to sell

Recently, the markets witnessed a relatively sharp correction. But there were some stocks that remained resilient. For example, Altria (NYSE:MO) has returned 7.3% in the last one month. On the other hand, stocks like Tesla (NASDAQ:TSLA) significantly underperformed, delivering negative returns of 23.5% in the same period. Similarly, Canadian Solar (NASDAQ:CSIQ) delivered -26.7%. Yet, all

Nano Dimension (NASDAQ:NNDM), an Israeli biotech firm with just $400,000 in revenue in its last quarter, has raised over $1.4 billion in the past six months. The company seems to be in the business of raising cash through equity offerings. Now the market has caught on and its cash-raising business could be over for NNDM stock.

There’s a simple problem with questioning the number of overvalued stocks in this market. For several years now, the same stocks that looked far too expensive have generally continued to rally. Shopify (NYSE:SHOP), Netflix (NASDAQ:NFLX) and of course Tesla (NASDAQ:TSLA) are a few examples. Many SPACs (special purpose acquisition companies) saw big pops after announcing

Cannabis investors have had an acute interest in OrganiGram (NASDAQ:OGI) stock lately. It shot up by 277% in the first ten days of February. Since then, it has shed nearly 50% of its value.  Source: Jetacom Autofocus / Shutterstock.com In the last month, OrganiGram is actually up 63%. So the obvious question now is where

Give credit where credit is due. Naked Brand (NASDAQ:NAKD) is in a much better position than it was twelve months ago. The problem is that even that better position doesn’t seem like it justifies the massive move in NAKD stock. Source: Shutterstock NAKD has gained a stunning 441% so far this year. It appears to

Ocugen (NASDAQ:OCGN) is a biotech stock that has made headlines based on news of a vaccine, and mostly on its stock price surge. With a 52-week range of 17 cents – $18.77 per share, it is no wonder why so many are impressed by the stock. Investing $1,000 in OCGN stock one year ago would

If the sole basis of return on investment was based on narratives, you’d be hard-pressed to find a better opportunity than Switchback Energy (NYSE:SBE), the special purpose acquisition company (SPAC) that will merge with electric vehicle charging station provider ChargePoint. As everyone seems to state, EVs are the future. Logically, then, SBE stock is like

My initial bullishness toward Costco (NASDAQ:COST) and COST stock was largely shaped by a prior experience with the company. However, my thoughts on Costco as an investment have taken a more bearish turn lately. The primary culprit? A stretched valuation. Source: ARTYOORAN / Shutterstock.com But first let’s start with a bit of history: Costco has

With the shares of electric-vehicle stocks plunging, now is not a good time to buy Churchill Capital Corp IV (NYSE:CCIV) stock. Source: Pasuwan/ShutterStock.com On Feb. 22, confirming a long-running rumor, Churchill Capital, a SPAC, disclosed that it would merge with Lucid Motors. A luxury EV maker run by a former chief engineer of Tesla (NASDAQ:TSLA),

Colorado-based cryptocurrency miner Riot Blockchain (NASDAQ:RIOT) appointed board member Jason Les as its chief executive officer on Feb. 8. RIOT stock has more than doubled since the company appointed the Bitcoin (CCC:BTC-USD) expert to be its leader.  Source: Shutterstock While the stock pulled back in recent days, it’s still up more than 90% since that

There is a somewhat compelling argument for Naked Brands (NASDAQ:NAKD) stock as an investment. That’s because it is one of the brands caught up in the conversations on r/wallstreetbets .  Source: Tinseltown / Shutterstock.com For investors, the question seems to be whether a few recent moves by Naked Brands are likely to propel NAKD stock

Tattooed Chef (NASDAQ:TTCF), the plant-based frozen food company which makes ready-to-cook bowls, produced strong results for the fourth quarter and 2020. But TTCF stock still looks to be fully valued, even though it has come down a bit from its recent peak. Source: Shutterstock TTCF stock went public via a SPAC deal last year and

Although Clover Health (NASDAQ:CLOV) has great potential, allegations against the company by a research firm make CLOV stock too risky to buy or hold at this point. Source: Shutterstock The allegations were made by Hindenburg Research in early February. Hindenburg has shorted stocks that it issued reports about it in the past. When it issued

The previous lack of successful biofuels in developed nations and Gevo’s (NASDAQ:GEVO) high valuation are both factors that make me cautious on GEVO stock. The company develops low-carbon renewable fuels from plant sugars, but I’m not sure it’s a sustainable buy. Source: PhotographyByMK / Shutterstock.com Other worrisome trends for the stock include the apparent lack

The dream of multi-bagger returns just won’t die, will it? As some loyal (or perhaps stubborn) traders continue to invest in Hertz Global (OTCMKTS:HTZGQ), it’s becoming increasingly apparent that Hertz stock might never recover. Source: lumen-digital / Shutterstock.com I can’t blame anyone for wanting to keep the dream alive. Heck, I’m as guilty as anyone —

Naked Brand (NYSE:NAKD) has given investors a thrill lately. NAKD stock went from literally selling for pennies at the beginning of the year all the way up to $1.35 at the time of writing. But it seems like the moment has passed, although the stock is still holding above the psychologically important $1 level. Source: Shutterstock

In early February, InvestorPlace’s Vince Martin discussed the upcoming merger between special purpose acquisition company (SPAC), Foley Trasimene Acquisition Corp. II (NYSE:BFT), and UK-based payments platform Paysafe.  While it looked good then, it might be time to get out of BFT stock. Source: Sulastri Sulastri / Shutterstock.com Martin generally had good things to say about

Marathon Patent Group (NASDAQ:MARA)has climbed  nearly 200% in 2021. And going back to Dec. 2020, MARA stock is up approximately 400%. The reason for the mania surrounding this crytocurrency mining stock is Bitcoin (CCC:BTC:USD) which is up nearly 150% in the last three months. Source: Useacoin / Shutterstock.com Another catalyst for Marathon is that it

In theory, the rollout of the various novel coronavirus vaccines should be beneficial for Carnival (NYSE:CCL), along with rivals in the cruise-ship operator space like Royal Caribbean (NYSE:RCL) and Norwegian Cruise Line (NYSE:NCLH). As you know, the pandemic has been brutal on this industry. But with light at the end of the tunnel, the narrative

There’s a lot to be said about dividend stocks that’s positive. The companies they represent are shareholder friendly. They are usually issued by companies with a long-term view of the markets and growth in their sector. They offer income in a world bereft of decent traditional dividends. But there’s also another side to these stocks.