Many investors keep General Electric (NYSE:GE) on their radar. They know GE stock well from its glory days and see it now trading in the single digits. At some point, there has to be value, right? Source: JPstock/Shutterstock.com Unfortunately, that’s a harder case to prove. General Electric has done a lot to overhaul its organization.
Stocks to sell
For several months, the reopening trade has been the stock market’s defining feature. It’s not about where earnings are today, but rather where they’ll be next year. In that environment, airlines, such as Delta (NYSE:DAL) stock were among the biggest winners. Source: Lerner Vadim / Shutterstock.com From a complete stop to business in March and
I wrote critically about Virgin Galactic (NYSE:SPCE) on April 14 when it was at $19.03 per share. My article struck right at the main problem for SPCE stock — nothing will help the company stop losing money. Since then, shares have fallen below $17. Source: Tun Pichitanon / Shutterstock.com And I believe SPCE stock will
They say that business is a marathon, not a sprint. And Marathon Oil (NYSE:MRO) investors sure hope that’s the case because the company looks gassed right now. The company has reported steadily worsening earnings, and MRO stock is following that trajectory on down; shares have fallen from a 52-week high of $14.70 to less than $7
So far in 2020, Nokia (NYSE:NOK) stock is up over 15%. Yet that number tells only half the story. On March 18, NOK stock hit a 52-week low of $2.34. Now, it is hovering at $4.3. Put another way, if you were brave enough to invest $1,000 in the shares in late March, your investment would
Opinions on Delta Air Lines (NYSE:DAL) come down to only one thing. How do you feel about a possible second wave of the novel coronavirus? If you watch Delta stock, the answer seems to be that investors are not that concerned. The stock is up over 40% since collapsing in March. This is despite that
At its current price of $16.49 per share, American Airlines (NASDAQ:AAL) stock is still relatively close to its 52-week low of $8.25. Investors may be tempted to pick up AAL stock because of an assumed impending price bump as flights ramp up. Source: GagliardiPhotography / Shutterstock.com But Main street investors like you and I first
For department store giants like Macy’s (NYSE:M), the novel coronavirus pandemic was precisely the opposite of what they needed. Even in the best of times leading up to the crisis, brick-and-mortar stores dependent on the slowly dying shopping mall business model were struggling. But the coronavirus was particularly cruel to Macy’s stock, which saw its
In May, J.C. Penney filed for bankruptcy. And yet, since May 20, JCP stock — which now trades under the ticker, JCPNQ, to symbolize J.C. Penney’s bankrupt nature — has essentially doubled. Source: Supannee_Hickman / Shutterstock.com Why? Unchecked, and largely unwarranted, speculation. In essence, traders appear to be doing one of two things. They are
[Editor’s Note: “Sell Moderna (MRNA) Stock as Covid-19 Catalyst Inflates Valuation” was originally published April 2, 2020. It is regularly updated to include the most relevant information.] Source: Shutterstock Is the party over for Moderna (NASDAQ:MRNA)? MRNA stock soared in May as the company’s novel coronavirus prospects looked bright. But now, as company insiders continue
The aviation industry was hit harder than many other sectors during the spread of the novel coronavirus. United Airlines (NASDAQ:UAL) struggled as demand for flights declined, sparking heavy selling of United Airlines stock. Source: travelview / Shutterstock.com Is there hope for a sustained turnaround of the airlines? A recent filing seems to suggest that United
It has been nothing but turbulence for United Airlines (NASDAQ:UAL) in recent weeks. Whenever United Airlines stock gets a tailwind behind it, it gets hit with yet another hailstorm of market volatility that pushes its share price lower. Source: NextNewMedia / Shutterstock.com The latest drop in the price of United Airlines stock came after the
Since the lows hit in March, renewable energy firm FuelCell (NASDAQ:FCEL) stock is up about 145%. FuelCell stock is currently trading at levels not seen since April 2019. Source: Kaca Skokanova/Shutterstock The company makes fuel-cell power plants that generate electricity through a chemical process. On June 12, the group released second-quarter results when it reported better-than-expected revenue. Now
One of the sad realities of the novel coronavirus is that it indiscriminately devastated most sectors. However, commiseration was no benefit to Tilray (NASDAQ:TLRY) and the rest of the cannabis space, which suffered badly. At time of writing, TLRY stock finds itself down more than 94% from its closing high. Source: Jarretera / Shutterstock.com I’d
When the novel coronavirus began to gain traction, shares of Alpha Pro Tech (NYSEAMERICAN:APT) ripped higher. Shares were trading near $5 before the market’s February selloff, but rocketed to more than $40 by the end of the month. Should investors be looking at APT stock again if a second wave is coming? Source: Shutterstock That’s
I’ve got to give some credit where it’s due — new United Airlines (NYSE:UAL) CEO Scott Kirby is speaking some truths about air travel in the post-coronavirus world. And while the airline’s new boss is being frank about the risks of air travel today, his words make it painfully clear why investors should avoid UAL
Earlier this year, Luckin Coffee (NASDAQ:LK) stock was one of the hottest names out there. The coffee chain, touted as China’s answer to Starbucks (NASDAQ:SBUX), looked like a solid long-term growth story. But in April, shares tumbled. With an investigation over accounting fraud, investors bailed, sending shares down nearly 76% in one day. Soon after
I’m not flying until this pandemic is over. Are you? If you aren’t, then why are you buying airline stocks? Source: Markus Mainka / Shutterstock.com That’s the thought that ran through my head the week of June 8, as Delta Air Lines (NYSE:DAL) stock dropped one-third of its value, from $36.97 per share to $27.20,
Are you familiar with Ocugen (NASDAQ:OCGN), the penny stock that took a massive plunge in 2019? OCGN stock closed near $14 on Sept. 26. Three sessions later, it closed at $2.19. Source: Shutterstock The stock has been on a painful descent since then, most recently closing at 25 cents. Currently, Ocugen sports a 52-week range
Carnival (NYSE:CCL) stock has had a crazy year. The shares collapsed at the beginning of the pandemic, falling from $50 in January to just $8 at their March lows. Traders reasonably assumed that the company would be one of the novel coronavirus’ biggest victims. Who would want to go cruising again anytime soon? Throw in the