Stocks to sell

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
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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
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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.
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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
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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
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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:
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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
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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
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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
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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
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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.
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