Stocks to sell

It’s amazing how many people who rail at the Chinese Communist Party still want to buy the country’s electric vehicle stocks, such as Xpeng (NASDAQ:XPEV) stock. Source: Andy Feng / Shutterstock.com Like other electric vehicle specialists, from Tesla (NASDAQ:TSLA) on down, Xpeng carries a valuation that’s divorced from reality. The best estimate for 2021 revenue

As the novel coronavirus attached its soul-sucking, lamprey eel tentacles to America and the world in 2020, it took down 1.9 million lives and the livelihoods of good people in a slew of slain industries. Among those scorched, perhaps none suffered so much as travel and hospitality — which brings up a baffler. If Airbnb

On Oct. 30, FuelCell Energy (NASDAQ:FCEL) closed at an even $2. Now, just over ten weeks since then, FCEL stock has rallied some 688% to $15.76. Source: Kaca Skokanova/Shutterstock Of course, the fact that FCEL has boomed so high isn’t a reason for concern on its own. I’ve discussed the danger of so-called “anchoring” bias

When I think about Switchback Energy Acquisition Corporation (NYSE:SBE) two movies come to mind that support with arguments my investment thesis about SBE stock. Source: Michael Vi / Shutterstock.com The first movie is “Forrest Gump,” famous for the line, “Life is like a box of chocolates. You never know what you’re gonna get.” The second is

After it went public in 2019, investors largely stayed away from African e-commerce play Jumia Technologies (NYSE:JMIA) stock. But, with investors in 2020 willing to pay up for “story stocks,” shares went on a tear in the latter half of the year. But, while many have coined this Africa’s answer to e-commerce powerhouses like Amazon

Naked Brands (NASDAQ:NAKD) has enjoyed a bit of a comeback so far in 2021. Shares spiked from 20 cents to more than 40 cents at one point over the past few days. That said, this is a rounding error in the bigger picture. On a split-adjusted basis, NAKD stock traded for $600 per share in

Electric vehicle stocks could have another big year ahead. After all, with Joe Biden in the White House, and Democrats in control of Congress, we’re likely to see a greener future. In fact Biden already said the U.S. will rejoin the Paris Climate Accord and mentioned a $2 trillion clean energy plan, with hopes for

Is Ideanomics (NASDAQ:IDEX) stock a rising star in the EV (electric vehicle) sector? Don’t count on it. For starters, this company didn’t start off in the electric vehicle business. Instead, it’s a perennial penny stock, dabbling in a hot sector to gain attention (and capital) from investors. Source: nrqemi / Shutterstock.com What do I mean?

It used to be that every responsible long-term investor had some kind of energy company in their portfolio. And by “some kind of energy company,” I mean a big oil and natural gas firm. They were as much a sure thing as big banking stocks. Well, we’ve seen that banking isn’t what it used to

Aircraft-maker Boeing (NYSE:BA) has been one of the juggernauts of the American and worldwide aviation industry. However, the past few years have been tough for the company due to its short-sighted management and the debacle of the 737 MAX plane. Source: Marco Menezes / Shutterstock.com Adding to its woes, the novel-coronavirus pandemic damaged the world’s

Fisker (NYSE:FSR) is facing tough competition. What’s more, the company is still not conveying any concrete points that differentiate its upcoming Ocean SUV. Because of that, I remain bearish on Fisker stock. Moreover, I’m less than thrilled with the automaker’s partnership with Magna (NYSE:MGA) as well as the fact that shares continue to trade at

Because of the once-in-a-century pandemic that is the novel coronavirus outbreak, many if not most people believed that during the onset of the crisis, this catastrophe would spell doom for the equities sector. However, thanks to the unforeseen (and largely successful) transition to working from home, many stocks enjoyed remarkable gains. However, several others represented

On so many levels, Chipotle Mexican Grill (NYSE:CMG) has been a winner. Gone are the days when the company was associated with a disturbing series of food-poisoning incidents, after which CMG stock traded at one point well under $300. Today Chipotle’s shares are above $1,350. Source: Northfoto / Shutterstock.com Therefore, congratulations are in order for

Short-term rental platform Airbnb (NASDAQ:ABNB) rewarded investors with holiday cheer to close out 2020. However, Airbnb stock is still not out of the woods regarding the pandemic. Source: BigTunaOnline / Shutterstock.com The lockup period after its initial public offering (IPO) has just come to an end. This, combined with the continuing pandemic, adds more than

I can see why many investors are excited about Jumia (NYSE:JMIA). Basically, JMIA stock is a bold bet on the rise of e-commerce in Africa. Yet — while it has the potential to scale into a massive online shopping powerhouse — you shouldn’t put the cart before the horse. Source: Christopher Penler / Shutterstock.com That is

2020 was a huge year for electric vehicle (EV) companies. Kaixin Auto Holdings (NASDAQ:KXIN) is not one of the more famous stocks within the sector. However, it did make a splash this fall. KXIN stock shot up as much as 1,000% at one point, soaring from under a buck up to $8. Shares have given back

Food-delivery leader Doordash (NYSE:DASH) made its debut on Dec. 9 at an opening price of $192. On the same day, Doordash stock  hit a record high of $195.50. Now it is flirting with $140. Put another way, in a matter of three weeks, the stock has lost about 23% of its value. Source: Sundry Photography /

No doubt, 2020 was a banner year for SPACs. Yet that wasn’t enough to save Hyliion Holdings (NYSE:HYLN) stock. Shares in the company, previously known as Tortoise Acquisition, soared in the run-up to its merger with the hybrid truck maker. Source: nrqemi / Shutterstock.com But since September, shares have fallen from as high as $55.85

Recently Hertz Global Holdings (OTCMKTS:HTZGQ) sold one of its subsidiaries to a private equity firm for $825 million. But don’t be lured into thinking this will be enough to get Hertz out of bankruptcy. The truth is Hertz stock is completely worthless. It has been rising lately and this might lure some into believing it

XpresSpa (NASDAQ:XSPA) is trying to redo its business model. It used to be an airport spa company, but Covid-19 destroyed that model. Now it’s becoming an airport Covid-19 testing company. It has already signed up a number of airports in this new model. For owners of XSPA stock, the hope is that this model will