Stocks to sell

John Chen, the CEO of BlackBerry (NYSE:BB), is highly optimistic about the company, but that’s to be expected. Unfortunately for BB stock investors, BlackBerry’s fiscal data doesn’t show that the company is successfully transitioning into a modern technology business of the 2020s. It feels like a million years ago that former President Barack Obama had
0 Comments
Henrik Fisker, CEO of electric vehicle manufacturer Fisker (NYSE:FSR), declared that his company has a “unique business model.” However, it’s not a proven business model yet. FSR stock looks risky in 2023 as Fisker’s ambitious goals don’t ensure financial or operational success in the U.S. or abroad. Fisker’s “unique” business model involves getting the Ocean electric
0 Comments
If you’re considering buying shares of electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) now, you have a lot to think about. It’s certainly encouraging that Mullen has a contract with the government of Washington, D.C. On the other hand, Mullen Automotive’s recent press release about possible stock manipulation is alarming. All in all, cautious investors
0 Comments
Given the S&P 500’s 7.3% year-to-date advance and the threat of a recession in the second half of the year or early 2024, overvalued S&P 500 stocks are more prevalent than investors realize.   At the end of February, JPMorgan Chase strategists suggested that because of real interest rates, stocks were 2.5 times too expensive. “Risk-reward for
0 Comments