General Electric (NYSE:GE) was struggling going into the novel coronavirus outbreak and it’s struggling amid the pandemic. Is that a good enough explanation as to why to avoid it? Likely not. GE stock remains 46% below its February high, while falling almost 60% from peak to trough. Source: Sundry Photography / Shutterstock.com Based on just
Stocks to sell
The most important business of Brazil-based mining company Vale (NYSE:VALE) is iron ore, and the outlook for the rocks is bright. But the fact that most of the company’s mines are in Brazil, which is being very hard hit by the novel coronavirus at this point and is currently in the midst of winter, makes
Earlier last week, Nvidia (NASDAQ:NVDA) briefly eclipsed Intel’s (NASDAQ:INTC) market capitalization of $260 billion. How could a company with 15% of Intel’s revenue and 13% of the operating income share the same market value? NVDA stock insiders didn’t care to ask. Since the end of March, insiders have unloaded over $97 million in shares, compared
With how much the novel coronavirus has changed the world, there were bound to be a few unlikely investments to become Wall Street’s flavor of the moment. One of those is Alpha Pro Tech (NYSEAMERICAN:APT), a company specializing in face masks and other personal protective equipment (PPE). As I’ve mentioned multiple times, I don’t like
The clean energy revolution has arrived, and investors are gobbling up clean energy stocks left and right, often times without regard for valuation. This emerging dynamic has left many obscure, clean energy stocks – who have gotten caught up in the hype – trading in severely overvalued territory. One such overvalued, over-hyped clean energy stock is
With so many terrible events that have happened this year, I don’t want to throw around the word tragedy lightly. Yet, that’s the only descriptor I have when I think about General Electric (NYSE:GE). A dumpster fire if there ever was one, GE stock was on a comeback trial in 2019. Of course, the novel
I’ve been very bearish on Apple (NASDAQ:AAPL) stock for a very long time. And, judging by the company’s stock price, my predictions about Apple could not have been more wrong. But, as I’ve pointed out in the past, from a fundamental standpoint, I’ve been more right than wrong. Source: View Apart / Shutterstock.com In line
Of all the bad CEOs who ruled the 2010’s, I think the worst was Virginia Rometty of International Business Machines (NYSE:IBM). Rometty, who became CEO in 2012 and finally retired this year, put her priority on dividends and buybacks while the company and interest in IBM stock burned. Source: Laborant / Shutterstock.com Under Rometty, IBM
The shares of Peloton (NASDAQ:PTON) have been on fire in 2020. This year, PTON stock has more than doubled as the Covid-19 pandemic has supercharged demand for the company’s premium, at-home fitness equipment and services. Source: Sundry Photography / Shutterstock.com In financial markets, it’s important to remember that momentum is a real thing. Stock which
Shares of artificial intelligence company Remark Holdings (NASDAQ:MARK) are on a fantastic bull run, as MARK stock is up almost 200% year-to-date. But I believe the momentum will lose steam as we move further along the road to recovery. Source: Angyalosi Beata / Shutterstock.com The reason for the exponential rise is down to Remark’s touch-free
As I write this on July 15, Southwest (NYSE:LUV) is having an excellent day on the markets with LUV stock up more than 8% on the day and just a little more than 60 minutes of trading until the 4 p.m. bell. Source: Carlos E. Santa Maria / Shutterstock.com The $2.81 move by Southwest puts
I have to admit, there’s something to be said for Luckin Coffee (OTCMKTS:LKNCY). The company has had an accounting scandal involving millions of fraudulent transactions. That scandal caused the removal of its CEO. As a bonus, Luckin stock dropped so low it was delisted. Source: Keitma / Shutterstock.com And yet, like a phoenix rising from
This year is turning into the year of the shale company bust with Whiting Petroleum (NYSE:WLL) standing as a prime example of that ominous trend. Year-to-date, WLL stock is down an astounding 85.15%. If that’s not enough to keep investors, perhaps the following ought to be: in April, the Colorado-based company filed for Chapter 11
Tech stocks have emerged as winners of the stock market for the first two decades of the 21st century. One would suspect that the trend should continue into the third, considering how the sector has grown over the years. With the growing influence of technology in different industries, tech stocks have evolved from being mere
It’s no surprise Penn National (NASDAQ:PENN) stock has held onto its epic gains from the past few months. With its casinos coming out of lockdown, investors are still itching to wager on a rapid recovery. But, more importantly, Penn’s sports wagering catalyst (its partnership with Barstool Sports) stands to move the needle, if the NFL
The electric vehicle industry is on fire at the moment, trading at 52-week highs. Tesla (NASDAQ:TSLA) is leading the charge, but Chinese electric vehicle maker Nio‘s (NYSE:NIO) stock isn’t far behind. Source: THINK A / Shutterstock.com However, investors are asking the all-important question: is the rally over, and if so, should we wait for a
With many brick-and-mortar stores closed in recent months thanks to the novel coronavirus, shipping companies like FedEx (NYSE:FDX) are seeing increased traffic and profits. FDX stock is up 20% in the last month. Source: Antonio Gravante / Shutterstock.com But I’m not looking for this ride to last. In fact, FedEx is living on borrowed time.
It’s perfectly fine to speculate in the cannabis market. However, we don’t want to see you throw good money at bad marijuana stocks. And some of them, unfortunately, don’t look like they’ll survive through the end of 2020. As an informed investor, it’s important to be able to recognize the signs of a troubled company
For anyone that has lived through the Great Recession – or watched the film The Big Short – the words leverage and mortgages in combination tends to at least raise eyebrows, if not send involuntary shudders. And sure enough, MFA Financial (NYSE:MFA), which specializes in leveraged mortgage-backed securities, has been one of the worst-hit companies
To say that Lemonade (NYSE:LMND) has gotten off to a hot start after its initial public offering (IPO) is the definition of an understatement. The digital insurance company has seen its shares climb over $90 per share off an initial IPO price of $29 per share. Source: Piotr Swat / Shutterstock.com Stocks are notoriously volatile