Stocks to sell

If you’ve ever glanced at Luckin Coffee (OTCMKTS:LKNCY) and thought about buying some Luckin stock, hear me say this: don’t do it. Even though company shares are down 95% from their peak, Luckin’s $2.50 stock price still reflects a buoyant alternate universe. Source: NewsToday / Shutterstock.com In reality, corporate insiders, preferred shareholders, and Chinese market
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There’s something about space and the great unknown that has always intrigued us. Movies and novels have tried to quench our thirst, but our quest for the stars does not end there. Virgin Galactic (NYSE:SPCE) stock offers the only opportunity to invest in space travel at the moment. However, that’s not to say the company
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At one point in the post-pandemic period, American Airlines (NASDAQ:AAL) and its competitors appeared to offer a solid contrarian case. And while the novel coronavirus was still infecting people, daily cases, hospitalizations and deaths had declined. Subsequently, air traveler confidence improved, based on the dramatic surge in demand from the March and April doldrums. But
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Since the beginning of the coronavirus pandemic, investors have nervously searched for quality “stay-at-home” stocks to protect their portfolio. Streaming stocks, in particular, have been a relatively bright spot in an otherwise down economy, with Amazon (NASDAQ:AMZN), Spotify (NYSE:SPOT), and Netflix (NASDAQ:NFLX) up between 50%-80% this year. So why is Roku (NASDAQ:ROKU), a video-on-demand (VOD) platform
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After peaking at over $100 earlier in July, sellers pulled Fastly (NYSE:FSLY) shares down to below the $80 level. Last week, FSLY stock rose by over 20% ahead of its earnings report scheduled for August 5, after the market closes. Source: Pavel Kapysh / Shutterstock.com Why are investors so enamored with this application software company?
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Inovio Pharmaceuticals (NASDAQ:INO) is a hot stock to watch right now.The shares of INO stock are up more than 647% from a year earlier. Source: Ascannio / Shutterstock.com In some ways, that is surprising, given that the pharmaceutical company doesn’t currently have any products on the market. The stock jumped after Inovio entered the race
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As expected, General Electric’s (NYSE:GE) second-quarter earnings were dismal, sending GE stock lower by 4.35% on July 29, the day the report was delivered. Source: Sergey Kohl / Shutterstock.com The industrial conglomerate lost 15 cents a share in the June quarter though revenue of $17.75 billion beat Wall Street estimates of $17.12 billion. Although revenue
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What in store for American Airlines (NASDAQ:AAL) post-pandemic? Sure, a rapid comeback in AAL stock is possible. But, compared to other airline plays, it faces a tougher road ahead. Source: GagliardiPhotography / Shutterstock.com How so? Firstly, one could argue that low-cost carriers like Southwest (NYSE:LUV) are better airline recovery plays. Secondly, the airline faces more
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Sometimes I get asked to write an article and feel like my InvestorPlace colleagues have said everything I can think of saying. That’s the case with Hertz (NYSE:HTZ). The company is in bankruptcy proceedings, yet somehow Hertz stock has become the apple of speculators’ eyes. Source: aureliefrance / Shutterstock.com Because of this interest in Hertz
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There’s a long-term case for travel stocks even as the novel coronavirus continues to spread. At some point, even if it’s years off, normalcy will return to everyday life. Whether a company like Moderna (NASDAQ:MRNA) develops a vaccine, treatments improve, or natural factors intervene, this pandemic fortunately won’t last forever. And with many travel stocks
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