Stocks to sell

In recent times, crude oil traded at highs of $95 in September 2023. However, as contractionary monetary policies impacted global growth, crude has declined. It’s unlikely that oil will witness further correction from current levels of $75. Therefore, it’s a good time to look at some of the best energy stocks to buy. Coming to

Amidst the turbulent seas of the stock market, the U.S. is facing a storm. The recent surge in December 2023 retail sales cast a shadow over the hopes of early interest rate cuts by the Federal Reserve this year. The unlikely robustness in consumer spending sent shockwaves through the market, pushing the 10-year Treasury yield

Anticipating the U.S. Securities and Exchange Commission (SEC) approval of a Bitcoin (BTC-USD) ETF, the digital currency exploded from an October low of about $25,000 to a high of $49,954.  Investors were hopeful it would open the floodgates for retail and institutional interest. Instead, approval was met with an expected sell-the-news reaction. It sent Bitcoin

Since the great stock market crash of 2022, company performance has been recovering, as evidenced by the record growth of the S&P 500, the peak values of the Dow Jones Industrial Average and the Nasdaq Composite. Investors were rewarded for their resilience and began to feel safe from the downturn. However, the overall market situation

Coinbase (COIN-USD) has become the leading U.S. exchange by trading volume. Over the past 12 months, COIN stock has rebounded by an astonishing 175%. The bullish outlook for 2024 relies on Bitcoin (BTC-USD) surpassing previous highs, with other leading tokens following. Rising crypto prices drive trading volumes, the main source of Coinbase’s revenue and earnings.

The metaverse has been a hot topic for several years now. Ever since Facebook founder and CEO Mark Zuckerburg renamed his company to Meta Platforms (NASDAQ:META), investors have taken this concept seriously. We’ve seen Super Bowl ads and all sorts of other mainstream attention for the metaverse concept. Unfortunately for some, this has led to

Artificial intelligence is expected to perform many types of jobs that humans currently do. In most cases, that change will greatly help companies since computers are much cheaper to train and maintain than human employees. But what about the firms that currently provide the services that AI will carry out? In the future, instead of

Wall Street seems to have determined that Coinbase (NASDAQ:COIN) will be more hurt than helped by the new Bitcoin (CCC:BTC) spot ETFs. Meanwhile, COIN’s valuation remains extremely high, and the potentially ruinous lawsuit against the firm by the Securities and Exchange Commission will soon be prominent in investors’ minds. Most law-abiding COIN users will probably

Investing in high-yield dividend stocks is one of the best ways to accumulate wealth to fund your retirement. For the better part of a century, dividend-paying companies have far outperformed non-payers with less risk. However, not all dividend stocks are created equal. Investors ignore the warning signs they sometimes give off at their peril. Even

The oil market has been on a roller coaster ride in the past few years, with prices fluctuating wildly due to various factors like pent-up travel demand post-COVID and geopolitical tensions between Western nations and Russia. Brent crude prices are now sitting around $78/bbl, well below where it was in mid-September 2023, above $90/bbl. For

In a previous column, I noted that each political party has sectors of the economy that they tend to support more than the opposing party. Furthermore, when Republicans and Democrats are in office, they usually reward their supporters and often take steps to harm the opposing party’s backers. I also pointed out that the party that controls

Tesla (NASDAQ:TSLA) has been the undisputed champion of electric vehicle stocks over the past decade. Indeed, without Tesla, perhaps this industry may not exist in its current fashion. Electrification and strong EV sales drive high valuation for auto maker, but its lead has been diminishing. BYD Co. (OTCMKTS:BYDDF) and other Chinese rivals have surpassed Tesla

Green energy has gained much traction in the past few decades, and big oil is taking the hit. The historic United Nations Climate Change Conference, better known as COP28, had just penned a deal that commits to transitioning away from fossil fuels and focusing on renewable energy sources. More than half of the 200 attending

With markets turning south to start 2024, now is not the time for investors to take risks. With stocks falling, investors need to avoid risky bets and play it safe until we get a clearer indication of where we’re headed in the year ahead. This means selling underperforming stocks that are likely to continue declining

In the tech world, the rise of artificial intelligence (AI) has been a game changer, driving innovations and reshaping industries. The excitement around this technology has led to predictions of a massive AI industry, capturing the interest of investors. Yet, it’s important to approach AI stocks with caution and consider which AI stocks to sell.

As a new year begins, the state of play for investors in the electric vehicle (EV) sector is still bright in the long term. It’s the short-term you should be concerned about. That’s why it’s important to identify EV stocks to avoid or sell in January. You can believe EVs will be the future of

After a sizzling close to 2023, many investors are hoping the rally in tech stocks will continue into 2024. Some of that optimism is based on expectations that the January effect will occur. However, in every bull market, not every stock is a screaming buy. And that’s the reason for this list of tech stocks

Throughout 2023, energy companies struggled compared to the large rally in 2021 and 2022. The benchmark for energy companies is the Energy Select Sector SPDR Fund (NYSEARCA:XLE), which had a share price decline of 1% in 2023. In 2024, crude oil prices are expected to remain around the $80 per barrel range. OPEC+ recently made supply

In 2024, the U.S. economy faces the unexpected threat of a recession, according to Morgan Stanley (NYSE:MS) strategists. The bank predicts a hard landing for the economy, challenging the belief in a sustained soft landing. Factors such as increased policy restraint worldwide, the waning support of U.S. federal government fiscal policies and heightened uncertainty surrounding

Tesla (NASDAQ:TSLA) stock exits 2023 in great shape. With a market cap of over $800 billion, it’s the only industrial in the “Magnificent 7” we are told every investor should own. Revenue for this year should approach $100 billion, with net income at over 10% of that figure, but 2024 may be more difficult. Every