Kraft Heinz (NASDAQ:KHC) stock soared 20% on Friday as part of a broader market rally that boosted many stocks by double-digit percentages. Source: Casimiro PT / Shutterstock.com The gains were glorious in their own right, but the sad reality is that they pale in comparison to the dismantling KHC stock has suffered this year. And
Stocks to sell
In a post I wrote for InvestorPlace on Feb. 4, I covered three reasons to stay away from Chesapeake Energy (NYSE:CHK). At the time, the shares were trading at the distressed level of 52 cents a share. But of course, the situation has gotten even worse since then. Consider that CHK stock is now at
The coronavirus is grinding businesses, schools and in some cases, entire countries to a complete halt. While life will eventually go on and people will begin shopping once again, Visa (NYSE:V) stock may still have downside ahead. Source: Teerawit Chankowet / Shutterstock.com Don’t get me wrong, I love Visa from a company standpoint, and have owned
Like the coronavirus from China, it’s no surprise that the ensuing market bloodbath has aggressively attacked the old and vulnerable. At one point, General Electric (NYSE:GE) was a revered American industrial giant. Now, the company is just American, with its previously associated characteristics no longer having much meaning. So far, GE stock is down nearly
Things are going from bad to worse for conglomerate 3M (NYSE:MMM) stock. Source: Pavel Kapysh / Shutterstock.com Large The maker of Scotch Tape, Post-It notes and Ace bandages has been hammered on Wall Street for close to a year now. MMM stock is down 13% year-to-date, and has collapsed more than 30% since April 2019.
Energy stocks are getting hammered along with the rest of the market, but for a slightly different reason. OPEC met with Russia last weekend, hoping to formalize an agreement to cut crude oil protection and raise prices. As the coronavirus from China spreads, oil prices keep falling, and the outbreak is certain to hurt the
U.S. stocks have plunged nearly 20% in about a month on fears that the coronavirus from China will materially slow economic activity and could tip the global economy into a recession. Very few stocks are being spared in this selloff. Even traditionally strong payments stocks like Visa (NYSE:V) stock have tumbled. Source: Teerawit Chankowet /
Through no fault of its own, Apple (NASDAQ:AAPL) may have a bigger and longer-lasting problem in China than many realize. And the company’s difficulties in the world’s second-biggest economy will likely have a meaningful negative impact on the iPhone maker and Apple stock for an extended period of time. Source: dennizn / Shutterstock.com Many media
I’ve heard of transformative investments, but rebel billionaire Richard Branson is taking it to the next galaxy, and he hopes quite literally. With Virgin Galactic (NYSE:SPCE), Branson intends to make space travel commercially accessible, not only for recreational purposes but also for advancing scientific innovations. There’s just one problem with SPCE stock. Source: Christopher Penler
Since early 2018, 3M (NYSE:MMM) stock has been in a grueling downtrend. The shares have gone from nearly $260 to its current levels just under $147. Of course, with the meltdown in the markets, things have gotten even worse. However, for perspective, MMM stock is now at a price not seen since early 2016. Source:
For traders, FuelCell Energy (NASDAQ:FCEL) is a stock worth watching. In the last year, FCEL stock has been significantly volatile. From a high of $5.75 in March 2019, the company’s shares crashed to 13 cents by June 2019. From an investment perspective, there are just too many uncertainties related to FuelCell’s business for its stock
With shares trending lower, is Canopy Growth (NYSE:CGC) stock a buying opportunity? Don’t even think about it. Source: Jarretera / Shutterstock.com The company may be making smart moves restructuring its operations, but don’t expect upside anytime soon. The “Cannabisphere” remains a hot mess, to say the least. Canopy may be faring better than competitors like
I’ve heard of “morning blues,” but what happened on the Mar. 9 session was exceedingly sour. In a single session, the Dow Jones Industrial Average dropped more than 2,000 points, setting a dubious record. But few sectors suffered more than cruise liners like Carnival (NYSE:CCL). Indeed, you can easily make the argument that CCL stock
Aurora Cannabis (NYSE:ACB) doesn’t need a headline-grabbing, fear-inducing new virus to drive share prices into the toilet. It can do that on its own, thank you very much. Source: Shutterstock At $1.31, Aurora stock is now the cheapest stock on my watchlist. It’s an unenviable position to be sure, and speaks to just how low
U.S. equities are suffering one of the greatest one-day routs in history on Monday, with the Dow Jones Industrial Average touching a loss of more than 2,000 points after circuit breakers tripped in early trading and forced a 15-minute halt to trading. Things are moving extremely fast, with Wall Street reacting to the ongoing spread
Oracle (NYSE:ORCL) is the Silicon Valley giant that missed the point. Source: Jer123 / Shutterstock.com The company has spent the 21st century fighting open source, the idea that software should be a shared endeavor whose benefits go mainly to customers. This made it late to the cloud, the most profitable trend of the last decade,
U.S. equities are facing growing pressure this week as the COVID-19 virus continues to spread. Equities are trying really hard to put a positive gloss on things following the Federal Reserve’s emergency 0.5% interest rate cut as well as optimism surrounding Joe Biden’s solid Super Tuesday performance. But the bond market, where the more mature
Since late January, Beyond Meat (NASDAQ:BYND) has been under some selling pressure. Keep in mind that the shares have gone from $120 to $99. Source: calimedia / Shutterstock.com But of course, since the company went public in May 2019, this kind of volatility has been the norm. To get a sense of things, the initial offering
Shares of Pfizer (NYSE:PFE) jumped more than 6% on Wednesday, after the company announced a plan to test some of its antiviral products as a potential treatment for the coronavirus from China. Source: photobyphm / Shutterstock.com More than 35 million shares traded on the news — about 48% more than normal — as investors looked
I’m more than a little surprised that Nio (NYSE:NIO) stock has traded so well of late. Certainly, shares have seen significant volatility amid the gyrations in the broad market. But the stock at least has held up, trading down less than 4% year-to-date. Source: Carrie Fereday / Shutterstock.com I’d have expected a much bigger decline.