In recent months, pundits and reporters have focused on the obvious hits that Disney (NYSE:DIS) is taking as a result of the new coronavirus. And indeed, the fact that the company’s parks have been closed while movie theaters have been shuttered has meaningfully hurt Disney stock. Source: Ivan Marc / Shutterstock.com But the media appears
Stocks to sell
Shares of Facebook (NASDAQ:FB) gained 10% after the tech giant announced better than expected first-quarter results on April 29. FB stock has now made up all the ground it lost since the beginning of the year. Source: rvlsoft / Shutterstock.com With people sheltered at home, user engagement numbers soared, as daily active users grew at an
Is Southwest Airlines (NYSE:LUV) stock a good “bottom-fishing” opportunity? That depends. Sure, it’s stronger than its rivals. But that may not be enough. Source: Carlos E. Santa Maria / Shutterstock.com We may have made progress on overcoming the novel coronavirus pandemic. Yet, air travel could remain in the dog house for quite some time. As
As the markets look to finish the first full week of the new calendar month, the current bullish trend in motion continues to look friendly overall. But notorious fabled advice is also making sense in select overbought price charts, hinting at stocks to sell right now. It wasn’t long ago that the novel coronavirus pandemic allowed
[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 it too late to buy Moderna (NASDAQ:MRNA) stock? The prospective novel coronavirus vaccine has made much headway in recent weeks. But many other biotech firms
Occidental Petroleum (NYSE:OXY) announced its Q1 earnings on May 5 after the market closed. The COVID-19 pandemic as well as the result of the price war between Saudi Arabia and Russia have caused oil stocks to plunge. In 2020, OXY stock has tumbled about 66%. Source: Pavel Kapysh / Shutterstock.com Yet that price decline shows only
Luckin Coffee (NASDAQ:LK) has not been trading since April 11. And when it does resume trading, there’s a fair chance that LK stock may go straight to zero. That may make the rest of this article moot. But analyzing stocks is what we do. So, whether you’re bullish or bearish on Luckin’s prospects, let’s assume
On Saturday, Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) had its annual meeting. From it, we learned that Warren Buffett’s company had sold all its positions in the airline industry. In doing so, it liquidated billions of dollars of stock. Those sales included Berkshire’s formerly large position in American Airlines (NYSE:AAL) stock. Source: GagliardiPhotography / Shutterstock.com In case
Price is what something costs. The value of something is what others are willing to pay. With that in mind, the premise behind Ocugen (NASDAQ:OCGN) stock appears to be one of value. The biotechnology sector is notoriously volatile. Many startups never make it to a public offering. And even some startups fail. Source: Shutterstock However,
With the devastation that the novel coronavirus imposed on the oil and gas industry, it’s a wonder that Halliburton (NYSE:HAL) was able to score any positives from its otherwise ugly first quarter 2020 earnings report. On an adjusted basis, the company delivered earnings per share of 31 cents. This beat the consensus target of 24
It’s been a year since the irrational exuberance related to cannabis stocks was replaced by caution and reality check. Over the one-year period, Tilray (NASDAQ:TLRY) stock plummeted by 85%. Source: Jarretera / Shutterstock.com The stock decline is a reflection of multiple industry headwinds coupled with weakening company fundamentals. Even at current levels of $7.50, I
Online homemade goods retailer Etsy (NASDAQ:ETSY) is set to report first-quarter earnings after the bell on Wednesday, May 6. While those numbers should be quite good, investors should be cautious with ETSY stock ahead of earnings. Source: quietbits / Shutterstock.com Why? Because Etsy stock is already priced for perfect. Yes, Etsy will deliver both blockbuster
To no one’s surprise, toymaker Mattel (NASDAQ:MAT) was one of the worst-hit names amid the novel coronavirus-fueled market fallout. Even after jumping up from this year’s bottom, MAT stock has dropped more than 38% since January’s opening price. Source: Shutterstock And while some contrarians have suggested that this bearish phase is a perfect opportunity to
Beyond Meat NASDAQ:BYND) is off to a solid start in 2020. BYND stock is up over 30% in 2020. Revenue has grown from $33 million in 2017 to $298 million last year. And gross margins of 34% in the fourth quarter were significantly higher than regular beef sellers. Source: calimedia / Shutterstock.com Beyond Meat continues
On Wednesday, beleaguered United Airlines (NASDAQ:UAL) received the first piece of substantive good news since the novel coronavirus destroyed the global economy. And UAL stock appreciated the breath of fresh air. Source: NextNewMedia / Shutterstock.com According to Dr. Anthony Fauci, the Director of the National Institute of Allergy and Infectious Diseases, Gilead Sciences’ (NASDAQ:GILD) drug
For quite some time, I’ve expressed skepticism toward plant-based meat producer Beyond Meat (NASDAQ:BYND). Primarily, I can summarize the enthusiasm in one word: fad. Most recently, we saw the dramatic rise and subsequent fall of National Beverage (NASDAQ:FIZZ), which attempted to capitalize on the ephemeral sparkling water craze. But the difference is that unlike BYND
Cannabis stocks are known for volatility in both directions. These names can skyrocket during good times, but during troubled times, they are difficult to own. That goes for Tilray (NASDAQ:TLRY) too, as TLRY stock has now fallen 63% from its 2020 high. Source: Jarretera / Shutterstock.com Unfortunately, it gets worse. The company’s stock has fallen
In 2020, investing in the travel sector in general and cruise companies in particular has produced losses for shareholders. Today I’m evaluating Carnival (NYSE:CCL) stock. Year-to-date, CCL stock is down an eye-popping 73%. Source: Ruth Peterkin / Shutterstock.com Carnival’s shares are dual-listed both in the U.S. and the U.K. In fact, it is the only company
To put it delicately, the oil mayhem is dominating the oil market this year, taking equities such as BP (NYSE:BP) along for the ride. BP stock is lower by 37% year-to-date as the United States Brent Oil Fund (NYSEARCA:BNO) – much of the company’s output is priced in Brent – is off a staggering 70%.
[Editor’s note: “Wait for a Pullback Before Buying United Airlines (UAL) Stock” was originally published on April 9. It is regularly updated to include the most relevant information.] Source: NextNewMedia / Shutterstock.com United Airlines (NASDAQ:UAL) stock is bouncing back. Does that make shares a buy? Yes and no. The legacy carrier isn’t out of the