Stocks to sell

It’s last call at the Covid-19 vaccine party and shareholders of Novavax (NASDAQ:NVAX) stock should be headed for the coat check. Source: rarrarorro / Shutterstock.com Novavax’s share price is down 41% year-to-date, bringing its six-month decline to 65%. The prospects of the biopharmaceutical company bringing a vaccine against Covid-19 to market in the U.S. grow

Nio (NYSE:NIO) stock started the week on a weak note and the shares are trading below $25. Source: xiaorui / Shutterstock.com This does not mean that the company is doing something wrong but it is due to the market sentiment that is on the edge for several reasons including the Russia-Ukraine crisis. Many EV stocks

I’ve had an open mind about recommending real estate services company Matterport (NASDAQ:MTTR) stock. Source: Ken Wolter / Shutterstock.com I was initially bullish on it around $10 as it was completing its special purpose acquisition company (SPAC) merger. MTTR stock then shot to $30, and I urged caution as the valuation had jumped ahead of the

Carvana (NASDAQ:CVNA) stock has had a weird or at least unexpected ride these last weeks, tumbling nearly 45% year-to-date. The used car dealer known for its vending machine storage units, offers investors a mystery. While used car prices remain high, with dealers like AutoNation (NYSE:AN) seeing fairly stable stock prices, Carvana stock is down by

Twitter (NASDAQ:TWTR) has been drifting down due to its lower-than-expected forecast for revenue this year. It ended last year at $43.22, but as of Thursday, Feb. 17, TWTR stock was at $35.43, or down 18% year-to-date (YTD). Source: Worawee Meepian / Shutterstock.com Investors can probably expect more of the same as analysts revalue the company’s

The driving force behind Gamestop’s (NYSE:GME) initial community-driven surge has been down to an overly liquid market and analysts’ event-driven predictions. Moving forward, though, investors will want to understand why the influencing variables of GME stock will be subject to change. Source: rblfmr / Shutterstock.com At this stage, I’d imagine that readers aren’t entirely sure

Palantir Technologies (NYSE:PLTR) took Reddit by storm last year. Palantir launched its direct listing in late 2020 with its shares priced around $9 each. However, investors associated with WallStreetBets drove the price of PLTR stock up to $35. Source: Ascannio / Shutterstock.com It was an incredible valuation, well north of $60 billion, for the secretive

Back in August 2021, I wrote that Shopify (NYSE:SHOP) was overvalued by any reasonable metric. At the time, SHOP stock was trading at $1,525 per share, but later it climbed to a peak close of around $1,690 on Nov. 19. Now, the stock is changing hands around the $655 mark. However, I think it’s still

Zillow Group (NASDAQ:ZG) is facing one major threat and one huge unknown. Given these issues, it’s impossible to recommend ZG stock to any investors at this point. Source: OpturaDesign / Shutterstock.com The company’s major threat is the Fed’s looming interest rate hikes that will likely weaken the U.S. housing market. And the unknown is whether

At first glance, Michigan-based veterinary testing and pharmaceutical product specialist Zomedica (NYSEAMERICAN:ZOM) might sound like a great company to invest in. After all, ZOM stock is really cheap, and pet healthcare certainly sounds like a high-growth niche market. Source: Postmodern Studio / Shutterstock.com On the other hand, we have to wonder why Zomedica’s shares are so

The old maxim “never judge a book by its cover” is on full display when it comes to Paysafe (NYSE:PSFE). Sure, the “safe” in the corporate name of PSFE stock has to do with the nature of its payment processing business, rather than being in reference to the stock itself. Source: Sulastri Sulastri / Shutterstock.com Yet

Investors probably should consider not buying Teladoc (NYSE:TDOC) stock prior to its upcoming Feb. 22 earnings announcement. Source: Piotr Swat / Shutterstock.com Although there is news which suggests it could significantly outpace guidance, there are just too many other negatives. We’ll dig into the negatives but first: the good news for TDOC stock. The Good

With millions of corporate employees still working from home, the inflationary spike in gasoline prices might not have had the same shock value if the coronavirus pandemic never happened. However, with everything rising in cost — and some in-demand products not available altogether — no American has been able to avoid the impact of troubling

I’ve been bearish on Sofi Technologies (NASDAQ:SOFI) for many months. And, like most of my bearish picks in the last year, SOFI stock has indeed struggled. In fact, over the past one year, the name has tumbled a huge 50%. Source: rafapress / Shutterstock.com Now, with the company facing three relatively new hurdles and my

The verdict is still out on the viability of Gores Guggenheim (NASDAQ:GGPI) stock. Source: Jeppe Gustafsson / Shutterstock.com Gores is a special purpose acquisition company (SPAC) with plans to merge with Polestar, an EV maker gaining serious attention. If you’re connected to the electric vehicle industry, the new normal presents both opportunities and frustrations. On

Peloton (NASDAQ:PTON) is making headlines again. This time it’s not a 21% single-day gain for PTON stock based on acquisition rumors. That was Monday. There are currently three big developments on the Peloton front. The company’s CEO is stepping down, while Peloton is also laying off a large chunk of its workforce and abandoning its

Digital World Acquisition Group (NASDAQ:DWAC) is likely to fall shortly after the SPAC (special purpose acquisition corp) merger with Trump Media & Technology Group (TMTG) closes. DWAC stock is at an exorbitantly high valuation, especially considering its potential earnings and dilution issues. Source: rafapress / Shutterstock This is way too high for a company that

In my most recent articles on Matterport (NASDAQ:MTTR), I’ve taken a bearish view on the stock. But I haven’t been bearish on MTTR stock primarily because of the firm’s prospects. Source: Matterport Instead, my view has been that the richly-priced shares  have more room to fall because the market has been shunning pricey growth stock on

QuantumScape (NYSE:QS) has big plans to become a major player in the electric battery industry as it claims it is “building the best battery.” QS stock benefitted greatly as electric vehicle (EV) manufacturers exploded in popularity during the pandemic. But as lofty valuations return to earth, real questions about QuantumScape’s business have become a sore

In one sense, stock-trading app Robinhood Markets (NASDAQ:HOOD) could hardly have timed its initial public offering better. HOOD stock went public on July 29 at $38 a share. Less than a week later, it hit an intraday high of $85 for a 124% gain. Source: OpturaDesign / Shutterstock.com Remember that this was a time of