Stocks to sell

SoFi Technologies (NASDAQ:SOFI) is a fintech company seeking to disrupt the traditional banking market. SOFI stock officially launched earlier this year after it completed a merger with one of Chamath Palihapitiya’s special purpose acquisition companies (SPACs). Source: rafapress / Shutterstock.com Out of the gate, SoFi generated a lot of excitement. Unlike some of its fintech
0 Comments
For the last few months I have been warning investors away from Vinco Ventures (NASDAQ:BBIG) stock. Since my first story came out in September, the shares are down 67%. They closed November 23 at $3.13. Source: shutterstock.com/Postmodern Studio My problem with the company is that there is nothing there. It’s all hype and buzzwords like streaming
0 Comments
Although Gevo (NASDAQ:GEVO) made a few positive deals recently and it could benefit from multiple government initiatives, the company is still facing difficult hurdles. Moreover, the valuation of GEVO stock remains elevated, given the company’s uncertain outlook. Source: Scharfsinn / Shutterstock.com As a result of the company’s challenges and weaknesses, along with its high valuation,
0 Comments
Buying stocks on dips can sometimes be a profitable strategy. However, grabbing shares of Paysafe (NYSE:PSFE) could be harmful to your fiscal health, as PSFE stock has entered into a harsh and persistent bear market. Source: Sulastri Sulastri / Shutterstock.com If you abide by the principle of “the trend is your friend,” then there’s nothing
0 Comments
With Thanksgiving and other winter holidays fast approaching, it’s a good practice to stop and consider what we’re grateful for. When it comes to the professional realm, I’m appreciative for the ability to get paid for crafting (hopefully) compelling stories. Through this journey, I’ve reached out to millions and even make regular TV appearances. But
0 Comments
QuantumScape (NYSE:QS) is back on the upswing. After a difficult year for QS stock, shares have doubled in recent weeks. The stock is still down sharply from its old highs, but at least shareholders have some reason for optimism. Source: Michael Vi/Shutterstock.com There are two things powering up QuantumScape here. For one, the company announced
0 Comments
IonQ (NYSE:IONQ) has been on a run. IONQ stock doubled in November. Heading into the company’s third-quarter results, it appeared that the stock’s momentum might dampen a bit following the earnings release. Source: Shutterstock The company announced its quarterly results on Nov. 15. Not surprisingly, given its startup status, IonQ generated a mere $223,000 of
0 Comments
I continue to believe that Remark (NASDAQ:MARK) stock has vast amounts of potential. But with the company seemingly having difficulty converting that huge potential into revenue and profits, investors should move to the sidelines for now. Source: Phonlamai Photo / Shutterstock.com Also worth noting is that the company, to my knowledge, has not articulated a
0 Comments
Shares of Lucid Group (NASDAQ:LCID) sold off today, falling more than 10% as investors took profits. Yet, LCID stock still has a ludicrous market cap of more than $76 billion. Source: ggTravelDiary / Shutterstock.com That puts the electric vehicle startup on par with some of the biggest U.S. automakers. Ford Motor (NYSE:F) and General Motors (NYSE:GM),
0 Comments
Rivian (NASDAQ:RIVN) is yet another example of the current retail investing revolution. With hot trends like electric vehicle (EV) stocks still top of mind, there has been a continuous struggle between small-time investors and institutional players. What’s more, Rivian has already delivered a ton of excitement to believers, sporting gains of 120% from its initial
0 Comments