Stocks to sell

PayPal‘s (NASDAQ:PYPL) investors have had a less-than-stellar year in 2023. Will 2024 be a turnaround year? Anything’s possible, but we’re assigning a “D” grade to PYPL stock and don’t consider it a compelling value right now. If the bullish argument for PayPal stock is based on the company’s value proposition, that argument will quickly fall apart.
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InvestorPlace contributor Tomas Levani recently recommended Archer Aviation (NYSE:ACHR) stock, along with two others, as the best flying stocks to own in December. There are more than three? With all the recent talk of an electric vehicle sales slowdown, it seems odd that investors would be interested in flying car companies. Yet they are, or I wouldn’t
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Every sector has clear winners and losers, a reality that holds even in the dynamic realm of artificial intelligence (AI). With the release of groundbreaking technologies, including ChatGPT, earlier this year, AI has taken the market by storm. This surge has made it challenging to sift through the hype and identify stocks that offer sustainable
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Electric vehicle manufacturer Nio (NYSE:NIO) had a challenging year in 2023. China’s uneven recovery from Covid-19, waning EV demand and fierce competition in the new-energy vehicle space created problems for Nio. Looking ahead to 2024, investors shouldn’t expect any miracles and NIO stock only deserves a less-than-stellar “D” grade. As you may recall, Nio posted a 4,556.7 million RMB
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This wasn’t a blockbuster year for folks who invested in Lucid Group (NASDAQ:LCID) stock. The prospects for Lucid Group next year aren’t promising. The best grade we can give it is a “D” and we’re not recommending it for the new year. Lucid Group is testing its investors’ patience. Stifel analyst Stephen Gengaro argued that Lucid is “two
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The future of the U.S. economy appears to be optimistic. The Federal Reserve has signaled a potential shift towards interest rate cuts in the coming year, providing relief to American households grappling with high inflation. Additionally, the Biden administration’s hope for a “soft landing,” characterized by decreasing inflation without a significant increase in unemployment or
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At first glance, electric vehicle (EV) battery technology company QuantumScape (NYSE:QS) might sound like a great business to invest in. After all, QS stock moved higher in November and early December. Yet, caution is definitely advised as QuantumScape’s financial shortcomings can’t be ignored. Besides, as we’ll explain today, a prominent analyst firm published a low price
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SmileDirectClub (OTCMKTS:SDCCQ) ceased operating on December 8 after it could not restructure through bankruptcy proceedings. The once high-flying provider of dental aligners was one of many at-risk companies entering the final quarter of 2023.  Do you remember all the articles pitting SmileDirect against industry leader Align Technology (NASDAQ:ALGN)? I sure do.  As recently as 2020,
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Since the end of October, stocks have rallied tremendously, with the S&P 500 soaring 15% and the Russell 2000 jumping 21%. This huge rebound, brought about by greater confidence in the economy and less trepidation about interest rates, resulted in many drastically overvalued stocks. For long-term, risk-tolerant investors, the latter situation created a good opportunity.
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 Growth stocks certainly have legs at the moment and it’s fair to assume that there will be a surge of investment heading into 2024. Demand should be expected to rise as the Federal Reserve continues to signal that the worst is over. The markets are expecting a soft landing and multiple rate cuts in 2024.
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