Stocks to sell

The stock market is now highly volatile and investors still fear that the Federal Reserve rate hikes could result in a recession. However, even in the best-case scenario, some stocks remain overvalued. These overvalued stocks will likely face a sharp decline during a market crash. Multiple stocks have already gone through a correction. However, there
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Source: Shutterstock Cannabis stocks have experienced significant growth in the past few months. However, this trend came to an end in the last few weeks when the stocks of many cannabis companies started to plummet. Unfortunately, HEXO (NASDAQ:HEXO) stock is not an exception in this regard. Following a string of unfortunate events, the Canadian cannabis
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Source: bacho / Shutterstock.com Equity market headwinds may dent flows into equities in the following quarters. Rising interest rates and ramping inflation should continue to weigh on world economic growth and bring additional downside on growth stocks. Since the beginning of the year, equity markets measured by the SPDR S&P 500 Trust ETF (NYSEARCA:SPY) dipped
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Source: Postmodern Studio / Shutterstock.com New York-headquartered Teladoc Health (NYSE:TDOC) is a telemedicine specialist that seemed to offer great promise during 2020’s emergence of the Covid-19 pandemic. While TDOC stock did have its glory days, they’re in the rear-view mirror. As a result, it’s wise to avoid it now. Even if you believe in the future
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Source: Shutterstock Before November 2021, most investors and pundits believed that the Street’s favorite large-cap tech stocks — including Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) — were mostly or completely immune from major downturns. As a result, many, if not most, institutional investors loaded up on these names and others like them. But now,
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June is a good time to sell large-cap stocks that may not be able to create much shareholder value in the second half of the year. Coinbase Global (COIN): The crypto exchange is likely to stay volatile as digital assets decline further. Roblox (RBLX): Revenue growth is on the decline and Roblox has no definite path
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Source: wutzkohphoto / Shutterstock.com Once a high-growth stock, Netflix (NASDAQ:NFLX) is going through a difficult period. After losing subscribers, it has a lot to work on. Consequently, NFLX stock has seen a massive dip over the past six months. The stock was once as high as $700 and is now down to $195. It lost
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The 10 to 2 year spread on the treasury yield suggests that durable good sales could contract soon. Ford (F) is overvalued relative to its fair book value. Quantitative metrics suggest that F stock doesn’t exhibit an attractive risk-return tradeoff. Source: JuliusKielaitis / Shutterstock.com Upgrades and downgrades are thrown around cheaply these days. Of course,
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Affirm (AFRM) recently rallied, but don’t expect the upswing to last. Consumer sentiment has reached an 11-year low, retail sales growth is slowing and U.S. debt keeps rising. Avoid AFRM stock, as its business model can make it susceptible to fallout from these issues. Source: Wirestock Creators / Shutterstock.com Affirm (NASDAQ:AFRM), a consumer financing firm,
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Snap’s (SNAP) ad-driven sales threat triggers wider sell-off and sets up three stocks to short. Meta Platforms (FB): Is troubled and holds downside risk and bearish opportunity. Twitter (TWTR): Looks like a compelling stock to short amid takeover in turmoil. Pinterest (PINS): The only ‘visual discovery’ in PINS is a weak stock chart bound for
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While large-capitalization firms are generally solid bets, during recessionary cycles, they’re liable for heart-wrenching drops, making them stocks to avoid. Apple (AAPL): Guaranteed to arouse anger, it’s nevertheless worrying that famed investor Michael Burry is short Apple. Tesla (TSLA): Another crowd favorite, TSLA is sure to rise again but for now, market conditions make it
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