Despite mixed quarterly results, Nio (NYSE:NIO) stock has been on the rise following its Sept. 7 earnings release. The main factor behind this has been a spate of analyst upgrades for shares in the China-based electric vehicle (EV) maker. Confidence is rising again that the company’s production ramp-up will result in a big jump in sales
Stocks to sell
Wall Street enjoyed a relief rally during the summer. However, over the past month investors’ sentiment has once again changed. As a result, Americans are increasingly focused on picking stocks to sell while they brace for more volatility ahead. The S&P 500 has lost 16.5% in 2022. Meanwhile, the Nasdaq 100 index is still in
Based in California, Roblox (NYSE:RBLX) provides gamers with a fun, immersive and interactive platform. This might sound like a high-potential niche market to invest in. However, it appears that some overeager folks are trading RBLX stock as if it’s a video game. It’s definitely not a game, and investors should check Roblox’s financial metrics before taking
Given recent developments, you may be wondering why today we are talking about solar stocks to sell rather than buy. Between the incentives provided by the Inflation Reduction Act and the energy crisis in Europe, it may appear as if there are plenty of industry-specific tailwinds to outweigh the headwinds currently affecting the overall economy. Yet
While down massively from its pandemic-era highs, it’s easy to see why some investors are still interested in Meta Platforms (NASDAQ:META) stock. At today’s prices, it sports a low valuation. This makes it appealing to many in the value-investing community. Although it is currently dealing with growth deceleration, growth investors still may see big potential
iBuying business Opendoor Technologies (NASDAQ:OPEN) revealed a collaboration with home buying and selling platform Zillow (NASDAQ:Z, NASDAQ:ZG) in early August. This didn’t help put struggling OPEN stock at all, as the remainder of August only brought more pain for Opendoor’s shareholders. Moreover, clues from the U.S. Federal Reserve about the housing market’s future indicate further potential downside.
Microprocessor manufacturer Intel (NASDAQ:INTC) stock has encountered problems in 2022, and they’re likely to get worse. For one thing, issues between China and the U.S. are flaring up, and semiconductor makers like Intel are in the crosshairs. Furthermore, at least two Wall Street experts have provided stern warnings for prospective investors in chipmakers. All in all,
News directly related to Nvidia (NASDAQ:NVDA), as well as market-related factors, keep putting pressure on NVDA stock. Hitting a new 52-week low earlier this month, shares in the chip maker could continue to struggle in the near term. With this, you may be wondering what lies ahead. Will it make a major comeback in 2023?
Investors in Arizona-based Carvana (NYSE:CVNA) haven’t had a great 2022 so far. The worst probably isn’t over for CVNA stock yet, though. That’s because Carvana swung from a profitable to an unprofitable profile not long ago, which is worrisome. Besides, central bank policy in the U.S. hasn’t been friendly to businesses that make auto loans —
Whether or not you’ve dabbled in GameStop (NYSE:GME) stock before, you may be tempted to do so following the big drop over the past month. Down more than 41% since August, shares are showing a little life ahead of the videogame retailer’s earnings report at market close today. But before you decide to “buy the
Global movie theater chain AMC Entertainment (NYSE:AMC) made a splash in the financial headlines when it issued AMC’s Preferred Equity (NYSE:APE) shares. CEO Adam Aron seems to enjoy attracting attention and rallying the troops (or apes) with stunts like this. However, it’s all a distraction from the company’s fiscal problems, so it’s wise to just avoid AMC
In early August, Magic Empire Global (NASDAQ:MEGL) received a lot of attention, and MEGL stock shot up quickly. However, this is most likely due to a Reddit-fueled short squeeze. Regarding the company itself, there isn’t a strong argument to invest in Magic Empire Global. So, it’s wise to stay away from this particular stock even if
Mullen Automotive (NASDAQ:MULN) stock has come back into the spotlight over the past month. Due to several developments throughout August, shares in the electric vehicle (EV) maker briefly experienced renewed enthusiasm. However, I wouldn’t view any of these developments as a signal to buy. Recent progress notwithstanding, the big concerns/red flags with this stock continue
No matter your opinion on President Biden’s student debt relief plan, for SoFi Technologies (NASDAQ:SOFI) stock, it’s hard to deny that this announcement has only provided temporary relief. After surging on the news, shares in the fintech firm have given back their gains. Returning to around $6 per share, you may think SoFi has bottomed
Considering the slowdown in the world’s second-largest economy, it’s probably the right time to think about some Chinese stocks to sell. China barely escaped contraction during the second quarter as consumer and manufacturing activity slowed down in the face of repeated lockdowns. Retail and industrial sales came in weaker-than-expected, while youth unemployment rates hit almost
Following Federal Reserve Chairman Jerome Powell’s latest remarks on monetary policy, investors are more concerned with which stocks to sell. The central bank remains committed to continuing hiking interest rates, in its quest to curb inflation. In turn, the market may have a ways to go before truly bottoming out. This points to more volatility
Michael Burry made a name for himself during the Great Recession. His bearish bet against the housing market made the contrarian investor a fortune. Alongside this fortune came fame, when the book detailing his winning trade was made into a film in 2015. When Burry makes changes to his portfolio, it makes headlines. That’s exactly
With consumer prices hitting multi-decade highs, investors should consider avoiding the worst stocks to buy during inflation. True, the inflation rate dipped a bit in July to 8.5%. In the month prior, the metric hit 9.1%. Nevertheless, it’s important to realize that overall, consumers have endured sustained spikes in prices. Over time, that can hurt
After a parabolic rise, shares of Bed Bath & Beyond (NASDAQ:BBBY) tumbled after GameStop (NYSE:GME) Chairman Ryan Cohen divested all of his stake in Bed Bath & Beyond. Also, the company plans to hold a conference call with a “strategic update” on Aug. 31. However, this could be a hit-or-miss event and could push BBBY stock
Fortune released some data on Aug. 24 about the impending housing market crash. Over 183 housing markets in the U.S. could see home prices drop by 20% if a recession hits. If that happens, the worst stocks to hold at that point would be anything related to residential real estate, except for owners and builders
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