Stocks to sell

Some analysts aren’t optimistic about electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN). Why is that? There are various reasons, but the concerns often revolve around Rivian Automotive’s vehicle production and deliveries, compared to the amount of money the company is actually making on those vehicles. If Rivian continues to burn cash and maintain unacceptably low
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GameStop (NYSE:GME) decided to give up on the potentially lucrative consumer electronics/technology e-commerce market prematurely, while the sales of its brick-and-mortar stores will probably drop going forward. Moreover, after the interactions that GameStop Chairman Ryan Cohen had with Bed Bath & Beyond (NASDAQ:BBBY) over the last year, I’m not very optimistic about his management skills or
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Electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) has plenty of skeptics. It’s been difficult to defend RIVN stock as it has lost ground in 2023 so far. Unfortunately, the outlook isn’t bright, as Rivian Automotive’s expenditures are disproportionately high. This isn’t to suggest that Rivian Automotive is doing everything wrong. For example, it’s notable that
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In recent weeks, the Nio (NYSE:NIO) stock slide has continued, following a poorly-received monthly deliveries report Bullish bottom-fishers and dip-buyers may still believe this is prime time to accumulate a position. Mostly, because of their view that the China-based electric vehicle (or EV) maker will experience a strong growth resurgence later this year. As you
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With the broader equity indices struggling for traction, rising recession fears brings the glaring spotlight back on so-called real estate bubble stocks. Due to the unique circumstance underlying the Covid-19 crisis and subsequent governmental response, housing prices skyrocketed. In turn, several companies plying their trade in the arena benefitted. But as the saying goes, all
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Earlier this month, I discussed how negative sentiment about Plug Power (NASDAQ:PLUG) shares continues to increase. As the hydrogen fuel cell company continues to execute poorly, sell-side analysts continue to grow bearish on PLUG stock. Investors have kept on abandoning it in droves, resulting in PLUG falling back to sub-$10 per share price levels. Shares
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There’s a lot going on with app-based bank SoFi Technologies (NASDAQ:SOFI) stock lately. The company acquired Wyndham Capital Mortgage, a digital-focused mortgage lender. This might or might not prove to be a successful strategy. Also, SoFi Technologies is susceptible to changes in public policy regarding student loan repayments. All of this adds up to a less-than-stellar
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