Within a day of each other, one analyst covering American Airlines (NASDAQ:AAL) upgraded AAL stock and one downgraded it. It seems analysts are having a hard time deciding whether the airline is likely to recover in 2020. In my opinion, American Airlines is the worst investment of the Big Four U.S, airlines and only should
Stocks to sell
With shares back above $20 per share, should you dive into Virgin Galactic (NYSE:SPCE) stock? Not so fast! Recent developments, and overall excitement over space exploration companies, may have sent shares higher. But at today’s prices, the risk/return proposition is even less in your favor. Source: Tun Pichitanon / Shutterstock.com How so? Right now, Virgin
Inovio Pharmaceuticals (NASDAQ:INO) is a hot stock to watch right now.The shares of INO stock are up more than 647% from a year earlier. Source: Ascannio / Shutterstock.com In some ways, that is surprising, given that the pharmaceutical company doesn’t currently have any products on the market. The stock jumped after Inovio entered the race
Over the past few months, I’ve supported the comeback narrative of Carnival (NYSE:CCL) and the cruise ship industry. At some point, CCL stock will make for a tremendous discounted opportunity. At the same time, you must look at reality. That means you should wait out the storm before pulling the trigger on Carnival. Source: Ruth
What in store for American Airlines (NASDAQ:AAL) post-pandemic? Sure, a rapid comeback in AAL stock is possible. But, compared to other airline plays, it faces a tougher road ahead. Source: GagliardiPhotography / Shutterstock.com How so? Firstly, one could argue that low-cost carriers like Southwest (NYSE:LUV) are better airline recovery plays. Secondly, the airline faces more
As expected, General Electric’s (NYSE:GE) second-quarter earnings were dismal, sending GE stock lower by 4.35% on July 29, the day the report was delivered. Source: Sergey Kohl / Shutterstock.com The industrial conglomerate lost 15 cents a share in the June quarter though revenue of $17.75 billion beat Wall Street estimates of $17.12 billion. Although revenue
Spotify (NYSE:SPOT) stock dropped in late July after the global music streaming giant reported shaky second quarter earnings that missed expectations and included a weak guide for the rest of the year. Source: Kaspars Grinvalds / Shutterstock.com Zooming out, Spotify’s earnings broadly confirm that SPOT stock is overvalued at current levels. From a product, platform,
When trading volumes surged to record levels, that may have signaled the end of Nio’s (NASDAQ:NIO) rally on the stock market. NIO stock peaked at $16.44 in early July, driven by three positive catalysts. Source: xiaorui / Shutterstock.com Strong monthly delivery numbers, China-based stocks trading at new highs, and hype on Tesla (NASDAQ:TSLA) gave Nio
If ever there was a symbol of Robinhood traders, beleaguered car-rental company Hertz (NYSE:HTZ) would be it. Hertz stock defied convention, as it unexpectedly spiked soon after the company filed for bankruptcy protection. While the firm itself has laid out 18 specific reasons why its stock has become a risky bet, investors are still piling
As you may know full well, Chesapeake Energy (OTCMKTS:CHKAQ) is bankrupt. So, is there any value left in Chesapeake stock? Right now, markets believe that’s the case. Instead of trading for close to zero, shares change hands today at nearly $9 per share. Source: Casimiro PT / Shutterstock.com But, when’s all said and done, consider
Sometimes I get asked to write an article and feel like my InvestorPlace colleagues have said everything I can think of saying. That’s the case with Hertz (NYSE:HTZ). The company is in bankruptcy proceedings, yet somehow Hertz stock has become the apple of speculators’ eyes. Source: aureliefrance / Shutterstock.com Because of this interest in Hertz
Investors seem to have an appetite for airlines. And among those, Delta Airlines (NYSE:DAL) stock is viewed by many as the best of the bunch. Source: NextNewMedia / Shutterstock.com That may be true, but Delta can control as many variables as it can, it still doesn’t mean it’s in control. And that has implications for
Carnival Corp. (NYSE:CCL) is making intelligent moves in response to novel coronavirus pandemic. The company is selling ships, cutting costs, and streamlining operations, but investors are still skeptical of investing in CCL stock. Source: Ruth Peterkin / Shutterstock.com We are still a long way away from seeing volumes return to pre-pandemic levels. Cruise lines served
In my previous article, I mentioned how General Electric (NYSE:GE) stock is a bad investment and will continue to be so for the foreseeable future. Since then, not a lot has changed. In fact, things have gotten a tad bit worse, with shares trading at historic lows. Source: Sundry Photography / Shutterstock.com You know things
Bank stocks have been one of the year’s worst-performing sectors. The median U.S. banking stock is down close to 30% on the year, and many international banks are posting similarly poor performance. The novel coronavirus has done a number on bank earnings. There’s obviously the rising risk of loan losses as consumers and businesses deal
It’s been nearly a month since Nasdaq delisted Luckin Coffee (OTCMKTS:LKNCY). It was quite the fall from grace for a company that went public only a year earlier. Source: Robert Way / Shutterstock.com Luckin stock was one of the most highly anticipated IPOs of 2019. The startup was seemingly growing at a rapid clip, and
At a glance, the roughly 10% rally of General Electric (NYSE:GE) stock over the last month looks attractive. But that’s hardly the case. In fact, while many investors have had luck bottom-fishing in the stock market, GE may very well be one to avoid. The company has a lousy chart, poor fundamentals and exposure to
San Diego-based Sorrento Therapeutics (NASDAQ:SRNE) has become one of the hottest biopharmaceutical companies investors are watching in the rush to find a cure for the novel coronavirus. So far in the year, SRNE stock is up around 130%. Source: luchschenF / Shutterstock.com However, that number tells only half the story. In mid-March, Sorrento shares hit a
Inovio Pharmaceuticals (NASDAQ:INO) is a contender in the hyper-competitive field to develop a novel coronavirus vaccine, but with the company falling behind rivals, INO stock is risky. Source: Ascannio / Shutterstock.com INO stock is up a staggering 719.70% this year, as of July 22. Under normal circumstances, a move like that in the span of
Initially, many optimists viewed Luckin Coffee (OTCMKTS:LKNCY) as China’s answer to Starbucks (NASDAQ:SBUX). Certainly, it was a bold move as China is not exactly what you call a coffee-drinking culture. Nevertheless, Luckin stock enjoyed a remarkable performance, particularly when relations between the U.S. and China improved following bitter escalations of their trade war. Then, everything