Stocks to sell

After leading the market higher coming out of the 2022 bear market, technology stocks have hit a rough patch. Sentiment towards the mega-cap tech companies has also shifted, as it now looks like interest rates will remain higher for longer. At the same time, geopolitical instability and spiking bond yields have zapped investors’ risk appetite.

Tesla (NASDAQ:TSLA) stock has tumbled more than 5% in recent days as two executives depart the EV maker. Plus, the company announced workforce cuts of over 10%. According to a CNBC memo, CEO Elon Musk said the cost reductions are necessary as the company is more focused on enhancing productivity for more stabilized growth. Executives

Tesla (NASDAQ:TSLA) stock suffers as the company is now in what appears to be a very very bad spot in the global EV market. After poor Q1 numbers and declining vehicle deliveries, the U.S. EV giant announced significant price reductions. Shares are below $150, and Tesla is reducing its workforce by 10%. Amid overextension issues,

If the recent sell-off with artificial intelligence stocks has you thinking that this is a prime “buy the dip” opportunity, think again. What should be top of mind instead is what are the AI stocks to sell. There’s a good chance that the AI stock rout of April 19 was not an overreaction, but an

The stock market hasn’t had a good start to the second quarter. Major indices like the S&P 500 and the Nasdaq 100 seem determined to give up their year-to-date gains. Macroeconomic concerns are heating up as interest rates will likely stay higher for longer. Inflation is also back and came in hotter than expected in

Is the rally crude oil about to stall out? After several months of consistent oil price advances, the price of oil has dipped over the past week. It seems some traders are using the tensions in the Middle East as a “sell the news” event. Particularly if there is de-escalation between Iran and Israel, we

Stocks, even fundamentally strong ones, can plunge for any number of reasons. The chances that fundamentally weak stocks plunge are much higher. Since the value of a company’s shares is directly tied to both its business model and performance, lacking this stability poses a significant financial risk. Moreover, the companies discussed in this article were once

In recent months, investors have become more hesitant to take a bite out of Apple (NASDAQ:AAPL) and add it to their portfolios. That’s not surprising. Macro worries may be weighing on all of the “Mag 7” stocks, but in the case of Apple stock, blame it more on company-specific issues. Namely, continued weak demand for

High-yield stocks often catch the eye of investors due to the seemingly significant, tangible returns on investment. Yet, not all that glitters is gold. In fact, it’s often the case that many names offering outsized yields are attached to a number of risks. Some mask such lurking risks beneath their attractive yields, these are known

Headlines are flooding in over former president Donald Trump’s Trump Media stock (NASDAQ:DJT), as its stock has seen a decline of more than 65% from its peak following its initial public offering a few weeks ago. A key SEC filing which showed how much the company lost last year led the way lower for this

Tesla stock (NASDAQ:TSLA) dominated the global market for electric vehicles just two years ago. It had enormous margins, which it plowed into new plants and new technology. It was worth a premium price. All that is gone now. Thanks to the distraction of the CyberTruck, and losing its lead in batteries, Tesla created its own

U.S. stocks sold off on Friday due to a number of reasons, including increased geopolitical tensions, higher-than-expected inflation figures, as well as elevation valuation. If the current macroeconomic environment persists, investors are likely to come up with a list of stocks to avoid in the near term. Moreover, the earnings season isn’t off to a

Internet providers have enjoyed impressive stock performances, With larger-than-average dividends, consistency has persisted over their long life spans. However, the impending end of the Affordable Connectivity Program is stressing out Americans who use it to get a discount on their internet bills. These three internet provider stocks represent some of the worst-performing and overpriced options.

Given the recent weakness of cryptocurrencies and my belief that they could fall much further, along with the extremely elevated valuation of Robinhood stock (NASDAQ:HOOD), I recommend selling HOOD stock at this point. Also making me bearish on Robinhood stock stock at this point is my belief that U.S. stocks could easily decline 10%-15% in

Last week, I recommended “5 Stocks to Buy as Interest Rates Begin to Fall.” Declining borrowing costs looked set to turn these loss-making firms profitable again – a historically bullish sign for stocks. The five companies also had strong underlying businesses; their lack of profitability was from financing issues, not operational ones. An unexpectedly hot

Concerns about inflation and higher for longer interest rates have markets on edge. After a great first quarter, volatility has returned to stocks. This has hedge fund managers scrambling to adjust their portfolios. In fact, hedge funds are selling stocks at the fastest pace in three months and increasing their short bets as they batten

As the state of Maryland works to recover from the Baltimore bridge disaster, potential long-term financial consequences are becoming present. With each passing day, the gargantuan task of recovering and removing debris from the seafloor slows Baltimore’s local economy. Currently, the major hurdle for the Unified Command handling the situation consists of removing enough containers

Intel stock (NASDAQ:INTC) is synonymous with the semiconductor industry. Their chips power everything, from laptops and desktops, to data centers and immersive gaming experiences.  Once the undisputed king of the semiconductor domain, the company is experiencing major setbacks that challenge its near term growth prospects. This includes the company’s large operating losses, use of debt,

Xiaomi (OTCMKTS:XIACY), known for its smartphones, is making a bold entry into the electric vehicle (EV) market. The company announced it will launch its first EV at competitive prices, which put several names in the EV stocks to avoid category following the highly successful SU7 launch. Xiaomi co-founder Lei Jun unveiled the SU7 range, with

A March 2024 article on CNBC suggested the EV euphoria is dead. This view was backed by the fact that automakers have been scaling back on their EV expansion plans. Undoubtedly, the industry is suffering from factors that include competition, macroeconomic headwinds, and slower adoption by consumers. However, it’s too early to believe it’s the