Stocks to sell

Travel is once again booming in the United States. A whopping 90% of Americans traveled in the last three months, according to a recent survey. Of that amount, 73% stayed in a hotel and 67% took a domestic flight. Travel over the Memorial Day and Labor Day holidays reached record levels this year. Yet despite

High-interest rates are here to stay for the foreseeable future. Financial services stocks promise to be some of the most affected by the Fed’s pronouncement. Though markets dipped hard this week and portend further downside, some financial services stocks haven’t yet had a complete reckoning. Rate hikes affect multiple aspects of typical financial services companies.

The Dow 30 is a select group of stocks representing prominent companies in a variety of industries and sectors. A common characteristic of Dow stocks is their status as blue-chip stocks. Since blue-chip stocks are known for their stability, Dow stocks wouldn’t normally be on a list of stocks to sell. However, many of the

With recession fears on the rise, now might be a good time to consider the top retail stocks to sell in 2023. Indeed, with retail buyer’s consumption patterns shifting, many investors are beginning to take a step back. The macroeconomic landscape is not what it was pre-pandemic, and consumers are spending less on non-essentials and more on

Despite the industrial sector playing a less outsized role in the American economy, it still is a major force in global economy. The industrial sector simply refers to companies at the heart of the economy. They produce goods and services for various industries such as aerospace, construction, mining, transportation and manufacturing. However, not all industrial

With the potential for consumer spending to decrease in the months ahead, uncertainty is rising with consumer stocks. Sure, U.S. consumers have been resilient despite challenges such as high inflation and rising interest rates. However, this resilience may morph into weakness. Just this week, the Conference Board announced that the Consumer Confidence Index just hit

Investors are trying to decide which AI stocks to sell. AI stocks are facing a weakening outlook after the Fed’s latest rate decision on Sept. 20. Although the Fed did not raise rates, it did signal that rates would remain higher for longer, dealing a blow to the tech sector. The markets had already grown

Investors should stay away from companies continually declining in share price and return just as much as they should be looking to find stocks to invest in for the long term, hoping to see a substantial return eventually. The last thing you want to do is buy into a company that is a sinking ship

It’s important to keep a look out for dividend stocks to sell in your portfolio. I’ll always believe that there’s nothing better than a quality dividend stock, one that not only provides a decent return but also has a solid dividend history to reward shareholders. That’s why I will also be disappointed in a poor

Student loan repayments resume on Oct. 1 after a three-year hiatus due to Covid-19. The repayments on the $1.6 trillion in student loan debt are bound to affect retail spending and, in turn, retail stocks. The question economists are trying to answer is how much of an effect payment resumption will have on curbing consumer

Small-cap stocks are a perennial favorite among retail investors. On average, small-cap stocks (as a category) outperform the overall market over a long enough period. Since analysts began breaking down market capitalization by category in the US, small-cap stocks returned more than 17% annually on average.  However, the upside potential is coupled with greater downside

While up on the year, transportation stocks continue to trail the market. The S&P Transportation Index is up 10% in 2023, but over five years, the index is up only 12%. Railways, trucking companies, airlines, and shipping firms continue to make the global economy run but can’t seem to gain any traction with investors. And

The skies haven’t exactly been clear for the aviation world. Casting our gaze back, we recall the catastrophic impact of the pandemic, a time when the sector came to an abrupt halt, and carriers had to grapple with long spells of contracted operations. The daunting financial turbulence of 2020 set the airline industry back by

Inflation has been a recurring theme of the economy, but it’s gotten extra hot in recent years. Reckless money printing is the primary catalyst for higher prices and higher interest rates, and the return of student loan payments doesn’t make matters any better. This is wreaking havoc on e-commerce stocks and making several of them

Apparently, electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) is expanding its business operations into a new area — again. The MULN stock bulls might celebrate this, but consider the big picture. All in all, the risk-to-reward balance still doesn’t favor Mullen Automotive and its investors. I’ll admit, there may be a news item or two

In early September, I chose Nio (NYSE:NIO) stock as my top electric vehicle (EV) stock pick. Now, however, I’m having second thoughts. There’s no need to panic-sell your Nio shares, if you have any. However, it’s not a great time to add to a share position or start a new one. As we’ll see in a

We’re all too familiar with this month’s catchphrase – “higher for longer.” The Fed’s promise to keep rates up through (potentially) 2026 spooked investors, and markets reacted accordingly. The S&P 500 fell by almost 5% since the announcement, but more pain could be ahead.  Higher rates pose a risk to stocks on two primary tenets.

Back in the dot-com boom of 1999, Qualcomm (QCOM), the wireless communication trailblazer powering the internet, became the poster boy of the “internet boom.” Shares of Qualcomm then soared 2,659% … in less than a year.  But could Qualcomm live up to the hype?  We know now that it could not, as QCOM stock lost

The fintech industry has been booming in the past few years, as more people have begun relying on digital platforms for banking, payments, investing, and other financial services. The global fintech market is expected to reach $556.6 billion by 2030, according to a report by Grand View Research. Still, not all fintech stocks will succeed

The housing market is in a tricky spot right now. Higher interest rates are causing problems and distortions in the market. With the average interest rate charged on a home mortgage in the U.S. now above 7%, existing home sales have all but collapsed. However, new home construction is booming right now, having risen more