Stocks to sell

The summer months provided a brief respite from the ugliness of 2022’s bear market, but there is reason to believe things could get worse from here. U.S. consumer confidence increased slightly following the passage of the Inflation Reduction Act and amid falling gasoline prices. Last week, the index moved above the 50-point mark for the first
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In the aftermath of the Covid-19-induced sell-off in the first quarter of 2020, high-growth stocks sprung to life. In particular, EV stocks charged higher. As investors soured on growth stocks, though, the highest fliers became some of the recent bear market’s biggest losers. And while there may be opportunities in some of the more established
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Not long ago, Vroom (NASDAQ:VRM) stock garnered attention in the financial press. Reportedly, Bill Gates’s organization, the Gates Foundation, took a stake in the New York-headquartered digital car-buying platform. However, individual investors must make their own decisions. Besides, based on Vroom’s financials, it looks like the company is having major problems. Celebrity status can enhance the
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Previously obscure Helbiz (NASDAQ:HLBZ) stock suddenly received a lot of attention among traders recently, likely due to a resurgence of the meme-stock movement. Cautious traders should observe that Helbiz isn’t a profitable company, though, and would be wise to stay out of the trade altogether. Helbiz’s main business is micro-mobility services, which might sound intriguing. However,
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There will always be ups and downs when it comes to stocks. But sometimes, the downturn can be more severe than usual. Knowing which stocks to sell during a downturn is important to save your portfolio. Deciding which stocks to sell can be difficult. You need to watch the general market trend as well as
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New York-headquartered Mind Medicine (NASDAQ:MNMD), sometimes informally known as MindMed, was largely unknown on Wall Street. Recently, however, Mind Medicine garnered attention because one meme-stock trader reportedly bought shares of MNMD stock. It would be hasty to jump into this trade, though, as Mind Medicine’s business fundamentals aren’t ideal. Mind Medicine develops medical and/or mental health
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While no guarantees of a housing market crash exist, investors may need to start considering sector-related stocks to sell. Primarily, it’s no longer amateur doom-and-gloom luminaries broadcasting bearishness. Instead, the National Association of Realtors confirmed what the National Association of Home Builders admitted: residential real estate has entered a recession. Per a CNBC report, home
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There’s seemingly good news, but really more bad news, when it comes to neo-banking firm SoFi Technologies (NASDAQ:SOFI) stock. It’s true that SOFI stock popped after the company released its second-quarter 2022 earnings data. Yet, this might have been an over-enthusiastic response to less-than-ideal quarterly results. Besides, SoftBank (OTCMKTS:SFTBY) is selling some or all of its stake
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Electric vehicle (EV) stocks have had a tumultuous few years. A number of factors have made some electric-vehicle stocks very risky for investors. Particularly dangerous are EV makers that are generating huge losses, are running low on cash and are far from mass producing EVs. The first factor that has made some EV stocks very
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Lucid Group (NASDAQ:LCID) stock hasn’t had a great week. The company recently released its second-quarter 2022 financial and operational results and investors weren’t thrilled. Lucid CEO Peter Rawlinson openly acknowledged issues related to logistics and supply chains. s a result of these challenges, Lucid has slashed its vehicle production goal in half. Traders started bailing and more share-price
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