Stocks to sell

Lucid Group (NASDAQ:LCID) is among the top EV stocks many investors are focused on. The company’s focus on making high-quality EVs is certainly appealing, and is one of the reasons I initially dove into this stock. That said, looking under the hood, there are certain red flags investors should be aware of. For starters, Lucid’s

The last time I wrote about QuantumScape (NYSE:QS), a developer of solid-state batteries for electric vehicles, was in May 2022. At the time, QS stock traded at $15. It’s now less than half that.  My article discussed how nickel could become less important to produce these batteries. Interestingly, the metal could be replaced by iron,

It appears that interest rates have peaked, at least for this part of the economic cycle. The U.S. Federal Reserve has softened its language around inflation and is now seemingly set to cut interest rates in an attempt to engineer a so-called soft landing in the economy. Not surprisingly, investors are looking at companies affected

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

The Magnificent Seven stocks really pulled the brakes in the first week of 2024. Fast forward to today (three trading weeks down, less than one to go), and most Magnificent Seven members are flying higher again. That said, not all Magnificent Seven names have been able to stay too magnificent on a year-to-date basis, and

Investors don’t have to dive far into the EV market outlook for evidence that electric vehicle stocks are in trouble. Headlines like this one from Bloomberg quickly indicate that the sector is in ‘shambles.’ Tesla (NASDAQ:TSLA) – the market leader – has seen its share prices drop to levels that it hasn’t tested for two months. It’s been a

SoFi’s (NASDAQ:SOFI) competition continues to be strong, while its valuation is quite high and it is likely to be meaningfully hurt by actions taken by the Biden administration now and in the future. Given these points, I recommend that investors sell SOFI stock. Tough Competition On the consumer loan front, SoFi faces steep competition from

If you’re wondering which AI stocks to sell, look no further. Artificial intelligence (AI) continues to be a key driver for the stock market. The tech-focused Nasdaq 100 Index is currently at an all-time high. This is due in large part to investors remaining excited about the potential of AI to remodel society and businesses.

Stocks are surging right now. The Federal Reserve seems intent on cutting interest rates in 2024. That should help lift valuations for a broad swath of the U.S. equity market, but the stocks to sell out there are ready to burst. With investors enjoying the prospect of cheap money again, irrational valuations are springing up

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

As the market shakes out, it’s time to consider which EV stocks to avoid. It’s no secret that 2023 was an incredibly tough year for the electric vehicle industry. The industry is going through growing pains that have caused material demand issues that continue to reverberate throughout. That truth is reflected perhaps nowhere better than

Bargain hunters, beware! The outlook isn’t great for electric vehicle manufacturer Lucid Group (NASDAQ:LCID) stock as the company’s 2023 production and delivery numbers weren’t stellar. Consequently, it’s too risky to go on a bottom-fishing expedition with beaten-down LCID stock. Besides, the EV industry is generally having a demand problem. Giant automakers like Tesla (NASDAQ:TSLA) should be able to

With the latest wave of “AI mania” in full swing since November, you may not think that now is a time to be thinking about which AI stocks to sell, rather than which AI stocks to buy. But while adoption of generative AI and other artificial intelligence technology is rising rapidly, suggesting a trend not

The “Magnificent 7” stocks experienced a great rally in 2023. These tech giants were also the key reason why the S&P 500 and the Nasdaq Composite rose 43% and 24% last year, respectively. While many of the magnificent 7 stocks were largely safer bets amidst much of the macro-induced market volatility, chances are 2024 will not be the same. Below

As governments globally endorse and incentivise the adoption of electric vehicles, there is some big money to be made in the industry. Therefore, it’s not surprising that dozens of new companies have emerged globally with focus on EVs. Further, established traditional automakers are making big investments to accelerate the portfolio shift towards electric vehicles. So,

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

Since November, excitement about lower interest rates has boosted interest-rate-sensitive stocks like real estate investment trusts (or REITs). However, as rate cut enthusiasm cools, now may be the time to determine what REITs to sell. Yes, it’s not as if lower interest rates in 2024 are no longer on the table. A recent statement from

Lucid Group (NASDAQ:LCID) has been a penny stock for months, but LCID stock initially appeared to have found a floor within the upper range of “penny stock territory” (between $4 and $5 per share). Shares in this EV manufacturer have plummeted in the past month. The stock has fallen 44.5% in a month, from $4.75

Quantum computing is seen as the next stage of computing and IonQ (NASDAQ:IONQ) rode that wave to huge gains in 2023. But the reality of where the market is at in its life cycle is bringing shares down to earth. This will have important implications for IONQ stock moving forward. After surging 259% last year