Stocks to sell

PayPal (NASDAQ:PYPL) stock has had a spectacular month, but its second-quarter 2022 fiscal results had some negative points that some investors are likely ignoring, but shouldn’t. Furthermore, it would be hasty to buy PYPL stock just because activist investor Elliott Investment Management took a position in the shares. There’s a phenomenon in the financial media that might
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Global movie-theater chain AMC Entertainment (NYSE:AMC) stock made the financial headlines recently when it announced plans to issue a special dividend in the form of preferred equity units. This has some of the company’s fans, or “apes,” excited. However, investors should be careful as the movie-theater chain is still unprofitable. If you’re active in financial social
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As the market reacts to recent labor reports, there are plenty of stocks to watch for big moves. Tech companies have been bogarting the headlines this year for reasons they probably wouldn’t like. Aside from the broad-based market sell-off and legal tussles, we’ve also seen several layoffs in the industry. The low-interest rate environment saw
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The best investors know how to identify winners and fill their portfolios with equities that have the best potential for returns. And at the same time, they know which stocks to avoid. Identifying red flags that make a once-promising name a likely loser is a skill that any investor needs to cultivate. That’s why the
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Just recently, Pinterest (NYSE:PINS) released the company’s second-quarter 2022 financial results. As it turns out, Pinterest’s revenue growth is slowing, and the company’s monthly active user count is down year over year. Furthermore, activist investor Elliott Management’s stake in PINS stock is grabbing the financial headlines, but it doesn’t mean that you have to buy the
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Overrated stocks generate interest beyond the numbers, somehow blinding investors into overvaluing them even when the evidence is weak. The S&P 500 has had its worst start in years as the equities market continues to find form. Several stocks trading at frothy valuations have faced massive corrections and are trading at more rational prices. Despite
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Like other fintech stocks, shares of SoFi Technologies (NASDAQ:SOFI) stock have had a tough year. Blame it on the market’s changing view of high-growth stocks, plus the expectation that economic conditions will become more challenging. Trading above $15 per share at the start of January, SOFI stock at one point fell into penny-stock territory (under
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Growth stocks have been crushed amid the bear market. However, the bear market began long before most investors realize. While the S&P 500 and other major indices didn’t suffer major corrections until January 2022, overrated growth stocks began their correction about a year earlier. It’s interesting, as there was a large divide in growth stocks.
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Lucid Group (NASDAQ:LCID) stock hasn’t had a great week. The company recently released its second-quarter 2022 financial and operational results and investors weren’t thrilled. Lucid CEO Peter Rawlinson openly acknowledged issues related to logistics and supply chains. s a result of these challenges, Lucid has slashed its vehicle production goal in half. Traders started bailing and more share-price
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Electric vehicle (EV) startup Rivian Automotive (NASDAQ:RIVN) plans to release its second-quarter 2022 fiscal results on Aug. 11. It might be tempting to load up on RIVN stock beforehand. However, Rivian is reducing its workforce. That’s not a positive sign. Also, the company is acknowledging problems related to a climate deal proposal in Congress, as well
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With recent indicators suggesting that the U.S. is in the middle of a downturn, interest regarding stocks to avoid in a recession has naturally picked up. Though contrarianism is an exciting concept, in many cases, it’s better not to fight the tape. Here, large-scale fundamentals along with common sense are your best friends. During the
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This earnings season has definitely highlighted the winners and losers on Wall Street. It has also helped investors identify large-cap tech stocks to sell now. Over the last few days, investors have gained confidence thanks to positive economic data, better-than-expected earnings, and Federal Reserve optimism. The trio of upbeat information drove two-month highs in the
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Macroeconomic headwinds continue to weigh on fintech stocks, and PayPal (NASDAQ:PYPL) is no exception. However, a recent development is helping to renew interest in this digital-first provider of payment solutions and other financial services. Activist hedge fund Elliott Investment Management is building a stake in PYPL stock. Per news reports, Elliott’s plan is to push
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Streaming device company Roku (NASDAQ:ROKU) recently released its second-quarter 2022 financial results. Immediately after those results were made public, ROKU stock plummeted. The company tried to spin its results as positive, but Wall Street’s clearly not buying it. It’s been a busy earnings season, and there have been some big winners and some huge losers along
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Headquartered in San Francisco, Lyft (NASDAQ:LYFT) is an American ride-share business. Not only is the company reducing its workforce, but Lyft is also shutting down its business segment that rents cars to riders. Plus, an analyst recently provided a warning about LYFT stock as inflation-related headwinds could weigh on the company’s bottom line. Inflation is a concern
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