The electric vehicle industry is back on the upswing. In fact, after a dismal 2022, EV stocks saw far stronger returns in Jan. Industry leader Tesla (NASDAQ:TSLA), for example, has seen its stock price run up more than 50% over the past month. Tesla’s headline-grabbing rebound breathed new life into many of the smaller EV stocks as
Stocks to sell
Meme stocks are back in the spotlight to begin 2023 (along with crypto) as investors seem to be shaking off the doldrums of the past year and wading back into equities. Several of the most popular meme stocks that took the market by storm in 2021 are up big this month, helping to fuel speculation
Investors often turn towards blue-chip stocks when the market is in turmoil. Yet, there is no guarantee that those stocks will continue to perform when the market is down. While they do add safety and stability to your portfolio, there are many companies that one should stay away from. It is mainly due to valuation concerns, and
The meme dream is clearly over for AMC Entertainment (NYSE:AMC). AMC stock, which alongside GameStop (NYSE:GME), became one of the top meme stocks during 2021, has all but coughed back all of its gains from this odd chapter in investing history. Shares in the movie theater chain have made a noticeable move higher since the
As the adage goes, “where there’s risk, there’s reward.” Unfortunately, this is not universal when it comes to penny stocks. While there are plenty of stocks in “penny territory” (under $5 per share) that are strong opportunities, there are also scores of low-priced names best characterized as penny stocks to sell. When it comes to
When it comes to dividend stocks, the consensus is that the higher the yield, the better. High dividend yields can often be an indication that something is wrong. Dividend stocks are not always as safe and secure as some assume. Despite what conventional wisdom may lead you to believe, high dividends should not necessarily be
They’re back! As we conclude the first month of 2023, it appears that meme stocks are once again rallying. Some of the most popular names in the meme-stock craze that dominated markets and news headlines two years ago are soaring to begin the New Year, much to the dismay of traders and short sellers on
The prices of used cars have skyrocketed in the past few years. Coming out of the pandemic, supply-chain constraints made it difficult for people to get their hands on new ehicles, pushing many people to the used car market. Consequently, the demand for and prices of used cars, trucks and SUVs spiked. Automotive industry expert
The tech market saw a poor 2022. While it continues to represent one of the most popular investment sectors on the market, the industry shaved $4.6 trillion in market capitalization throughout the year. There were thousands of tech employees who suffered from the rampant layoffs throughout the year. And it seems this rout is only
Just because you believe that a market sector will grow in the coming years, doesn’t mean every company deserves your investment capital. A prime example is electric vehicle (EV) manufacturer Arcimoto (NASDAQ:FUV). The FUV stock price has already declined substantially, and more downside is likely. After discovering the company’s delivery data and desperate self-preservation tactics,
Based on its performance in recent days, QuantumScape’s (NYSE:QS) appeal as a possible short-squeeze play appears to be fading. The QS stock rally has lost momentum in recent days. Nevertheless, you may believe that the QS rebound has yet to come to an end. Short squeeze buzz hasn’t been the only factor driving the electric
Judging by a large number of articles about Mullen Automotive (NASDAQ:MULN), and the number of people talking about MULN stock on social media, Mullen has become a leading meme stock with a sizable cult following. However, as hot as it may appear from the outside, the company appears to be untrustworthy to me. I also
Investors of used-car retailer Carvana (NYSE:CVNA) are, without a doubt, looking for any piece of positive news. Perhaps they were relieved to hear that Carvana is using a strategy to potentially protect its assets. Yet, CVNA stock investors shouldn’t celebrate and might consider selling their shares, as Carvana’s problems haven’t gone away. It’s one thing to
Luxembourg-based electric vehicle (EV) manufacturer Arrival (NASDAQ:ARVL) unquestionably wants to sell cars in the U.S. The company has big dreams and some major investors, but does this make ARVL stock a good buy? Not necessarily, as a deep dive into Arrival’s financials should dissuade cautious investors from taking a share position. Don’t get me wrong. It’s
On Jan. 20, Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) followed the lead of its big tech peers, by announcing large-scale layoffs. While unfortunate for the 12,000 employees now out of work, the question for investors is what it means for GOOG stock going forward. Following this news, shares in the Google parent have rallied, yet it’s possible that investors
Electric vehicle manufacturer Lucid Group (NASDAQ:LCID) can enjoy one piece of supposedly positive news. Reportedly, a judge dismissed a fraud-related lawsuit against Lucid. Feel free to take a moment to celebrate this, if you’d like. Then, re-focus on the company’s financials and you’ll surely be convinced to steer clear of LCID stock. For two years, Lucid
SoFi Technologies (NASDAQ:SOFI) stock continues to inch higher. Investors are slowly getting back into speculative growth stocks as recent economic data suggests macro ease may be on the verge of improving. The economy may experience a soft landing rather than a hard landing. A recovery could happen far faster than once expected. However, I wouldn’t
The outlook for the world economy is getting gloomier. Two-thirds (67%) of private and public sector chief economists surveyed by the World Economic Forum (WEF) recently said they expect a global recession in 2023. While the stocks of companies that sell essential products, such as healthcare, utilities and groceries, would likely hold up well during
With tech stocks continuing to rise, it is becoming increasingly difficult to decide which companies are worth buying, and which are simply stocks to sell. This article will give readers an overview of the best tech stocks to sell to maximize their returns. The U.S., European, and Chinese stock markets have experienced positive gains since
The 21st century will be one dominated by connectivity and the internet. Already, 5G technology is ushering in a new era of smart cities, remote workforces, streaming video and powering virtual reality. And that, in my opinion, puts the attention squarely on cybersecurity stocks. Cybersecurity is critical for keeping our banking records private, our cloud
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