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
Stocks to sell
Eastman Kodak (NYSE:KODK), a name long forgotten, is making major news headlines this year. The company was a pioneer in the advent of the film camera but fell off the bandwagon in the early 2000s. In a surprising turn of events this year, Congress enlisted the help of Kodak to manufacture medical supplies. Kodak stock
I am a sucker for reading new books. But I will admit, I was a bit skeptical when I heard Fareed Zakaria was coming out with a new volume, Ten Lessons for a Post-Pandemic World, when we aren’t out of the woods as of yet. The novel coronavirus pandemic is an unprecedented event in the history
After selling off in the past few months, is it time for XpresSpa (NASDAQ:XSPA) stock to make a comeback? Source: Maridav / Shutterstock XpresSpa stock soared after its move into the airport testing business on the heels of the novel coronavirus. But, despite taking the old adage, “when life gives you lemons, you make lemonade,”
The once-mighty General Electric (NYSE:GE) has fallen on such horrific times that one has to wonder whether the company and GE stock will ever look as robust they did a generation ago. And I mean, ever. Source: Sergey Kohl / Shutterstock.com While so many other investments have fully bounced back from their novel coronavirus funk
With the awful impact of the novel coronavirus pandemic, the oil industry — let alone individual names like Exxon Mobil (NYSE:XOM) — faces a steep uphill battle. Not only that, the sector is in a knife fight, one in which it will survive. However, it will not emerge unscathed. But figuring out which companies will
Some investors are attracted to Chinese beverage chain Luckin Coffee (OTCMKTS:LKNCY) like moths are drawn to a bright light at midnight. Investors should know better, though, and resist spending their money on shares of Luckin stock before they get burned by the hot bulb of reality. Source: Robert Way / Shutterstock.com Luckin thinks of itself
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
Palantir’s (NYSE:PLTR) connections with President Donald Trump and the likely antagonism towards the company by Democrats make PLTR stock quite risky ahead of the U.S. elections. Source: Sundry Photography / Shutterstock.com More specifically, Palantir is likely to be hurt down the road if Democrat Joe Biden beats Trump. That’s largely because Palantir was founded by
We’ve been here before with Hertz (NYSE:HTZ). Hertz stock has soared, and at least some investors see upside. Source: aureliefrance / Shutterstock.com But do you remember the past rallies in the stock? They’ve all fizzled. Notably, the company traded under $1 after it declared bankruptcy in May. Then by June, the stock was above $5.
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
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 /
As we’ve seen from Plug Power (NASDAQ:PLUG), alternative energy is no longer the next big thing. In many ways, it’s already here and is a viable alternative to fossil fuels. That would mean PLUG stock is a sure shot pick for your portfolio, right? Well, yes and no. Source: Shutterstock Plug Power is a hydrogen fuel
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.
China-based EV developer Nio (NYSE:NIO) has been in overdrive. The chart on Nio stock is, well, mostly upward sloping since April, with the return of 9X or so. Source: xiaorui / Shutterstock.com Granted, Nio has had to deal with some major challenges. In 2019, the company had to recall about 5,000 ES8 SUVs because the
It’s been a month since the Food and Drug Administration put a partial clinical hold on INO-4800, Inovio Pharmaceuticals’ (NASDAQ:INO) Covid-19 vaccine. I wrote about this issue shortly after the FDA’s announcement. At the time, I suggested that only speculative investors should invest in INO stock, reminding readers there were better options. Source: Ascannio /
Kodak (NYSE:KODK) is pledging to move ahead with making Active Pharmaceutical Ingredients (APIs) for generic drugs, even though the company has not received assurances that it will obtain government funding for that business. Unfortunately for the company, investors don’t seem to be enthused about the venture; as of this writing, Kodak stock is down 17%
Once a dominant leader in the semiconductor space, Intel (NASDAQ:INTC) has suddenly found itself trailing its peers. The company is starved of growth and the performance of Intel stock reflects as much. Source: Kate Krav-Rude / Shutterstock.com Over the last year, shares are down about 6%. In 2020, Intel stock is off almost 19%. Not
While it’s a good idea to go through your portfolio at least once a quarter and evaluate how your stocks are doing, special circumstances dictate that you do it more scrupulously, and our present pandemic certainly counts. The markets are caught in limbo, awaiting another stimulus package after a massive run from late March through
Aside from the possibility that the predominantly male investment analyst community might be a tad more focused during Naked Brand Group’s (NASDAQ:NAKD) earnings conferences, there’s not much to get excited about when it comes to NAKD stock. Source: Shutterstock Yes, Naked Brand owns what should be a compelling mix of undergarment brands. Unfortunately, it seems