It’s been a thrilling year of ups and downs for Inovio (NASDAQ:INO). INO stock rocketed as much as 1,000% earlier this year following news that Inovio had a leading candidate in the race for a novel coronavirus vaccine. Things have gotten more complicated since summer, though. Source: Ascannio / Shutterstock.com The government left Inovio out
Stocks to sell
Facing novel coronavirus headwinds, possible product challenges, and difficult competition, Alteryx (NYSE:AYX) stock should be avoided at its current high valuation. Source: Shutterstock More specifically, the company said that, in the second quarter, the amount of time it needed to make deals increased significantly, and it relied more on shorter-term “adoption deals.” Meanwhile, Alteryx provided
The stock market has been defying gravity ever since its spectacular March crash, leading some to wonder if another big fall is in store. With a contentious presidential election on the horizon and plenty of pandemic-related uncertainty hanging over equities, it’s fair to assume there are a lot of overvalued stocks out there. Just because
We’re in the midst of what’s being called the “tech wreck.” After running higher and leading the bull market since mid-April, technology stocks have pulled back in September as investors take profits and evaluate the potential for a second wave of Covid-19 as well as the upcoming presidential election. After rising 75% from a low
Royal Caribbean’s (NYSE:RCL) ships are docked since March, but RCL stock is surprisingly up 34% in the past two months. There’s nothing to justify the increase at this point, with the company’s debt ballooning and a bleak outlook for the rest of the year. Therefore, it’s clear that RCL stock is overvalued at this point.
Is Plug Power (NASDAQ:PLUG) topping out? Or is this stock, one of the best performers of 2020, ready for another breakout? I’m going with the former. Sure, the future may still be bright for this “green wave stock.” But, with the “EV bubble” more so than its fundamentals driving this year’s epic run, expect said
Simultaneously, Hertz Global (NYSE:HTZ) is both an obvious investment in terms of trajectory prediction as well as the most perplexing. When the novel coronavirus hit us earlier this year, one of the most disrupted sectors was transportation. As you can imagine, the appetite for travel – especially air travel – dropped to a staggering low
Workhorse Group (NASDAQ:WKHS) stock has moved up dramatically in the last year, soaring almost 600%. In fact, WHKS stock is up 665% in 2020 and has even fallen about 10% from its peak. But there are rising concerns about the stock having rallied too far and too fast. Source: rblfmr / Shutterstock.com Since my last
In sports, a losing team’s first move is to fire the manager. In business, this is the last move. Cisco Systems (NASDAQ:CSCO) has been adrift ever since Chuck Robbins became CEO in 2015. Once the world’s most valuable company, Cisco stock has gained less than 10% each year over the last five. Source: Valeriya Zankovych
Chesapeake Energy (OTCMKTS:CHKAQ) is trading at dirt-cheap prices. But any investors tempted to dip their toes are forewarned. There is no profit to be made on Chesapeake Energy stock, whether it be now or after it emerges from Chapter 11. Source: IgorGolovniov / Shutterstock.com Why is that so, though? Chesapeake has been around for more
Has any sector of the economy been harder hit by the novel coronavirus pandemic than the entertainment industry? From live concerts to movie theatres, theme parks to sports arenas, entertainment has been devastated this year. Other than streaming services and podcasts, every facet of the entertainment industry has been brought to a virtual standstill by
For a well-diversified portfolio, it always makes sense to have a mix of high and low beta stocks. When markets are in an uptrend, high beta stocks help in maximizing returns. On the other hand, when markets are bearish, low beta stocks help in capital preservation. At the same time, there might be high-risk stocks
With shares of Norwegian Cruise Lines (NYSE:NCLH) at just $17 right now, it’s easy to imagine investors thinking of its $53 levels from just last year and concluding there’s 210% upside as we see a once things “go back to the way they were.” Source: Roberto Sorin / Shutterstock.com There’s just one problem: NCLH stock
While volatility is on the rise in broader markets, investors wonder if now could be a good time to buy Royal Caribbean (NYSE:RCL). After all, like many other battered travel and cruise names, RCL stock is down over 50% year-to-date. Source: NAN728 / Shutterstock.com However, that metric tells only half the story. Since the lows hit
The fate of past, very promising technologies makes me wary of investing in Kensington Capital (NYSE:KCAC) at this point. The relatively high valuation of Kensington Capital stock and the recent tech sell-off also gives me pause. Source: Tada Images / Shutterstock.com For the uninitiated, those who buy Kensington Capital will eventually own the shares of
Luckin Coffee (OTCMKTS:LKNCY), the controversial, downtrodden Chinese coffeehouse operator, is finally taking some steps in the right direction, but Luckin stock remains a gamble. Source: Keitma / Shutterstock.com Still reeling from the effects of a revenue-inflating scandal that took Luckin from being a Chinese growth darling to trading over-the-counter, the company recently reappointed Sean Shao,
Traders have to be ruthlessly myopic at times. They look at a stock like Occidental Petroleum (NYSE:OXY) and immediately think of Warren Buffett’s axiom to be brave when others are fearful. So they buy OXY stock while others are avoiding it. But being cautious isn’t the same as being fearful. And being bold doesn’t always
Investors in Hertz (NYSE:HTZ) stock should be under no delusions that their equity stake is anything other than worth zero. HTZ stock trades for a bit above a dollar per share ($1.28, as of Sept. 21), and its market capitalization is $206 million. Source: Eric Glenn/Shutterstock.com But, in all likelihood, once its Chapter 11 bankruptcy
As you can imagine, covering the largest banking firms can be quite a complex task. But at the end of the day, the most important consideration for organizations like Bank of America (NYSE:BAC) is that they are economic bellwethers. Sure, the nuances of their specific fundamentals allow for some distinction. But especially at a time
The cruise industry has been hammered ever since the onset of the novel coronavirus. Despite a steady recovery by the stock market, investor sentiment towards cruise stocks remains poor. As a result, the share price of Norwegian Cruise Line (NYSE:NCLH), a household name in the sector, has dropped almost 75% this year, burning many owners