Stocks to sell

Opendoor Technologies (NASDAQ:OPEN) stock has declined 65% in 2022. Although some investors still hope for the stock to make a comeback, I’d argue that now is the time time to walk away from OPEN stock. With that said, here’s why should ignore any remaining hype and avoid Opendoor stock moving forward. Ticker Company  Recent Price
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Inflation stormed the stage again this week with a pair of hotter-than-expected reports for June. The news had investors rushing the exits as odds of a 1% rate hike at the Federal Reserve’s next meeting surged past 50%. Emboldened bears have returned, and the backdrop for risk assets is as treacherous as ever. While some
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Nasdaq bulls have narrowly reclaimed critical field position in July. But with more challenged price action to kick-off the workweek and market bears still worthy adversaries, having seven Nasdaq stocks to sell or short and profit from, should the bulls fumble control, could be key to a stronger portfolio in 2022’s second half. Investor anxiety
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Things are only getting worse for Nio (NYSE:NIO) stock. In addition to the many other woes impacting the Shanghai-based company, such as Covid-19 lockdowns that have hurt its production and deliveries, a vehicle crash that killed several staff members and went viral online and a trademark lawsuit in Europe, Nio now has to contend with
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Growing fears of a recession are weighing on Carnival (NYSE:CCL) stock. In the last four weeks, CCL stock has fallen 14%. The company’s shares are now trading below $10 and near a 52-week low of $8.10. The last time Carnival’s stock was this low was in 1993. The current drop is particularly concerning given that
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The outlook of Shopify (NYSE:SHOP) stock is mixed. On the positive side, the company is growing quickly, showing that its niche is still expanding. Additionally, by some measures, it is profitable. Moreover, its chief executive officer (CEO) recently bought a large amount of SHOP stock, suggesting that he has a great deal of confidence in
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Tesla (NASDAQ:TSLA) surprised the market with its June preliminary deliveries report, which unveiled a 1.42x month-over-month increase in Chinese regional sales. Regionally, the electric vehicle giant sold more than 78,000 vehicles last month, a 1.35x year-over-year increase. Many investors are likely to jump on a recovery play as the company’s sales recovery could be misinterpreted
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Shopify (NYSE:SHOP) stock was a pandemic superstar. From the end of 2019 to last November, SHOP stock delivered a spectacular 314% return. The Canadian ecommerce company was signing up new vendors at a rapid pace, and the surge in online shopping saw the company posting record numbers. During the Black Friday and Cyber Monday weekend
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On the one hand, the semiconductor sector appears to be one of the more robust sectors to consider investing in this year. A study done earlier this year by audit house KPMG characterized industry confidence as “exceedingly high.” They expect wireless communications, automotive and internet of things to be the markets that most drive sector
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There comes a point when investors need to recognize the realities of the equities sector, which is the central theme undergirding the below stocks to sell in a bear market. It’s not about hating on particular companies. Indeed, many of these players offer intriguing business models. Unfortunately, the ground underneath us has changed, necessitating a
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