Stocks to sell

For brief periods of time, stock traders will get excited about electric vehicle battery technology company QuantumScape (NYSE:QS). Don’t get caught in a trap, though. As QuantumScape’s battery-market rivals relentlessly move forward, QS stock remains vulnerable to a pullback even if it catches a bid from time to time. Here’s an example. Previously, QuantumScape stock rallied
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In my last article on QuantumScape (NYSE:QS), I discussed the recent rally with QS stock, and whether this rally was due to the possible unveiling of game-changing news in the EV technology company’s then-upcoming earnings release. Flash forward to now. QuantumScape’s latest results/updates have just hit the street. As of this writing, the earnings release
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Lucid Group (NASDAQ:LCID) stock faces significant challenges as its CEO plans to take on Tesla (NASDAQ:TSLA), raising concerns for investors. Despite a recent partnership announcement with another automaker, Lucid Group’s stock remains risky and not a high-confidence pick.  The company’s public offering and move into China’s EV market raise concerns for long-term investors. That said,
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It’s no secret that a few names have reached excessive valuations during the recent growth stocks rally. And so, they are overdue for a correction. Even if you think that AI will generate hundreds of billions in revenue within this decade, these stocks of AI-related businesses are trading far too ahead of the curve. Therefore,
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Traders have made artificial intelligence (AI) 2023’s hottest investing theme and with good reason. It’s truly remarkable how quickly generative AI solutions have developed in chatbot and image generation fields. However, this technology has created a lot of overvalued AI stocks. Reportedly, there were approximately 2,000 companies involved in the U.S. car industry in its
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While the stock market has performed well this year, the gains have not been spread broadly. Many well-known companies and underperforming blue-chip stocks have trailed the market’s performance and disappointed investors. Poor-performing blue chips reached their current predicaments due to several factors, such as declining sales, weak earnings, sour sentiment, and rising competition. Whatever the
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Based on Qualcomm’s (NASDAQ:QCOM) recent price performance, it is clear that growing optimism is helping to counter more negative aspects to the QCOM stock story. The mobile chip maker’s possible generative artificial intelligence catalysts excites some investors. As I discussed previously, Qualcomm’s management has been touting how it is well-positioned to benefit from a likely
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