Children’s entertainment company Genius Brands (NASDAQ:GNUS) went on a wild ride earlier this summer. GNUS stock rallied from less than 50 cents to a peak of more than $10 in share in June. Source: patat / Shutterstock.com At the time, traders rushed to call the company’s new Kartoon Channel app the Netflix (NASDAQ:NFLX) for kids. That comparison
Stocks to sell
Coca-Cola (NYSE:KO) is the world’s largest soft drink maker and it has one of the most recognizable brands of any company in any industry, but KO stock lacks sizzle and it has for some time. Source: Fotazdymak / Shutterstock.com Undoubtedly, there was a time when Coca-Cola was a cornerstone of many Americans’ portfolios. Should today’s
Readers of mine know that I’m very bullish on clean energy stocks, since I see the world in 2030 as one being populated with electric vehicles, hydrogen fuel cells and hydrogen/wind/solar power. But one obscure, small clean energy stock which I haven’t rung the bull horn on is FuelCell Energy (NASDAQ:FCEL). That’s because in my
Since the pandemic began, I’ve been bullish on U.S. airline equities, including American Airlines (NASDAQ:AAL), as I predicted that demand for flights in the U.S. this summer would far surpass the Street’s average estimates, but as summer starts to wind down it’s unclear that AAL stock is still a buy. Source: GagliardiPhotography / Shutterstock.com My
The last time I wrote about Ocugen (NASDAQ:OCGN), OCGN stock was up 34% only halfway through the month of January. Since then, a whole bunch of stuff happened, some of it good, some of it bad, none of it worthy of you betting the farm on the clinical-stage biopharma company. Source: luchschenF / Shutterstock.com Here’s
There are always investors looking to make a contrarian play. Maybe that’s why you’re considering Hertz (NYSE:HTZ). Even though Hertz stock is in bankruptcy, you’re thinking you see something that other investors haven’t identified. Source: aureliefrance / Shutterstock.com Stop. Just stop it, at least when it comes to Hertz stock. Because the rental car company
Overstock.com (NASDAQ:OSTK) stock is proof of why investors shouldn’t be scared to chase rallies, so long as those rallies are well-founded and the valuation leaves room for further upside. Back in early May, OSTK stock flew on my screen as one of the hottest e-commerce stocks in the market. Source: Burdun Iliya / Shutterstock.com At
This year changed the travel industry in more ways than one. Cruise operators like Carnival (NYSE:CCL) have seen their operations come to almost a complete halt. As a result, CCL stock is down over 70%. In early January, Carnival prided itself on being the world’s largest cruise operator. The group owns major cruise brands including
Ford (NYSE:F) surprised Wall Street earlier this month with second-quarter results that were “way, way, way better than feared.” Ford stock jumped 4.3% on the news as investors rushed back in. According to Robintrack, Ford is now the most owned company by Robinhood investors. Source: Philip Lange / Shutterstock.com But there’s a problem: Ford isn’t
I have been consistently negative on iBio (NASDAQ:IBIO) as a potential vaccine play for most investors. You might be better off avoiding IBIO stock to find a successful novel coronavirus vaccine play. One of the reasons is that the company is far behind its competitors in their vaccine trials. Source: Shutterstock Despite the progress report
Home Depot (NYSE:HD) stock failed to rally in mid-August despite reporting second quarter numbers that simply blew estimates out of the water. Source: Jonathan Weiss / Shutterstock.com Normally when a red-hot stock fails to rally after super-strong numbers, that’s a sign of valuation friction and rally exhaustion. And that’s exactly what we’re seeing with HD
As anticipated debuts go, the ride-hailing company Lyft (NASDAQ:LYFT) rolled onto Wall Street with some mighty flat tires. For starters, Lyft stock’s March 2019 IPO wasn’t fit for investors to hail; it came off a net loss of $911 million, 32% wider than 2017. Source: Tero Vesalainen / Shutterstock.com After its debut at $72 per
Is BigCommerce (NASDAQ:BIGC) set to be a huge winner in the e-commerce space after BigCommerce stock enjoyed one of the year’s hottest initial public offerings so far? Source: William Potter/Shutterstock.com BigCommerce started marketing its IPO at a price of $18-$20 per share. Thanks to strong demand from investors, the company’s investment bankers ended up launching the
Shares of Ocugen (NASDAQ:OCGN) have climbed nearly 180% in the last month. However, OCGN stock is still trading at just 57 cents a share. That’s the life of a penny stock. And that’s the only story you need to know about Ocugen. Source: Shutterstock The reason the stock is rising is genuinely good news. The
Marathon Patent Group (NASDAQ:MARA) hit a 52-week high of $5.25 on Aug. 6. The bitcoin miner filed a shelf registration to sell up to $100 million of MARA stock in the future. Source: Shutterstock While it’s fallen back some since the announcement, it’s still much higher than it was in late July when it sold $6.9
Is there any bank stock as unappealing as Wells Fargo (NYSE:WFC)? For my money, Wells Fargo stock is the worst of a weak bunch. Source: Martina Badini / Shutterstock.com Wells Fargo has been the black sheep of bank stocks for a few years now, and nothing that it’s accomplished lately is making people forget that.
Simply put, I’m not sold on Beyond Meat (NASDAQ:BYND). But my skepticism toward Beyond Meat stock doesn’t derive (purely) from the stock’s hefty valuation. Source: Sundry Photography / Shutterstock.com To be sure, Beyond Meat stock looks expensive. It trades at almost 20x trailing twelve-month revenue — and this is a food manufacturer, not a software
American Airlines (NASDAQ:AAL) stock enjoyed a modest recovery. Shares spiked up to $20 in June as hopes of a V-shaped recovery emerged. Since then, however, the novel coronavirus formed a second wave. U.S. passenger traffic stalled, and with it, so did the airline stocks. AAL stock fell back to just $11 a share. Source: GagliardiPhotography
Twitter (NYSE:TWTR) stock perked up in early August after the social-media platform’s CFO, Ned Segal, talked up the company’s potential subscription service. Segal’s statement came only weeks after CEO Jack Dorsey said on a conference call with analysts that we will likely see “some [subscription] tests this year.” Source: Worawee Meepian / Shutterstock.com Naturally, investors
Before we dive into why investors should stay far away from Hertz Global (NYSE:HTZ), we should first appreciate why people continue to speculate on the bankrupt rental car company. After all, Hertz stock isn’t buying itself. Primarily, raw emotions combined with the speculative draw of a cheap asset price is leading inexperienced traders into a