Stocks to sell

What does a Joe Biden victory mean for election stocks? The Democratic nominee is favored to win in the Nov. 3 U.S. presidential election. While many are concerned potential policy changes could impact the markets, David Kass, a clinical professor of finance at the University of Maryland’s Robert H. Smith School of Business, sees some
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Bear markets are never nice. Whether you were caught on the wrong side during 1973–1975, 2000–2002, or in 2008, you felt the pain. We saw more of the same earlier this year, when the novel coronavirus pandemic upended markets, leaving retail investors in the lurch. With the second Covid-19 wave already upon us, many investors
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Cloudflare (NYSE:NET) appears to offer solid content delivery networks and IT security products that should enable the company to grow significantly going forward. But given the sky-high valuation of NET stock, and the strong threat from Fastly (NYSE:FSLY), I recommend that investors sell Cloudflare at this time. Source: Shutterstock Cloudflare’s bread and butter seems to
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For investors willing to take a risk, 2020 has offered many opportunities. Exxon Mobil (NYSE:XOM) isn’t one of them. Despite XOM stock being down 52% from the start of the year, don’t bet on Exxon Mobil shares suddenly becoming a hot commodity. Even now that oil surpluses are running dry and prices have begun to
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While Tesla (NASDAQ:TSLA) has a big lead in China’s electric vehicle market, the government there is determined to make it a short-lived one. To that end it has gone all-in on Nio (NYSE:NIO), originally a “Chinese Tesla” launched by a Chinese Musk named William Li. Meanwhile, shares of Nio stock have climbed. Source: Sundry Photography /
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Cloud stocks and tech stocks have outperformed in 2020, despite all the uncertainty. There was the spike in volatility back in March 2020, then the massive stock market sell-off (and the even more remarkable stock market rally) in the months that followed. And then there’s the coronavirus pandemic, an external factor nobody could have predicted.
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