In the midst of the eCommerce revolution, Pier 1 (NYSE:PIR) doesn’t have what it takes to generate positive returns for the owners of PIR stock. Source: Jonathan Weiss / Shutterstock.com In all likelihood, the troubled retailer’s results will continue to deteriorate. It may stay in business in zombie-like form for a long time while its
Stocks to sell
All things considered, Americans are a forgiving bunch. Either that, or they’re too apathetic to hold a grudge for long. Whether it’s a food-poisoning crisis at a popular eatery or a severe data breach, most folks seem willing to accept an extended olive branch. Unfortunately, Wells Fargo (NYSE:WFC) isn’t benefitting from American graciousness. In fact,
Chesapeake Energy (NYSE:CHK) looked to be on the mend. From late November, the shares went from $0.57 to $0.95. But unfortunately, the gains proved to be temporary. Keep in mind the CHK stock is now at $0.52. Source: Casimiro PT / Shutterstock.com Even though the company is at penny-stock levels, the valuation on the equity
U.S. equities are rebounding after an overnight bloodbath in the Chinese markets as fears of the spreading coronavirus remain largely relegated to China. As of right now, the spread into Western countries seems largely contained. And the latest reports are that Gilead (NASDAQ:GILD) is preparing to conduct human vaccine trials, raising hopes of a quick
Normally, investors are encouraged to “think like an investor, not a customer” when considering whether to buy a stock. The thinking is that no matter how much we like a product, fundamentals matter. Source: Casimiro PT / Shutterstock.com In the case of Chesapeake Energy (NYSE:CHK), I want to encourage any remaining bulls to do something
January has seen many stocks, as well as broader indices, continue the year-end rally. However, CVS Health (NYSE:CVS), the integrated pharmacy healthcare company, is not one of these stocks, as YTD CVS stock is down about 6%. Source: Shutterstock The company is expected to report Q4 earnings Feb 12. As we go through another earnings season,
Should you buy Walmart (NYSE:WMT) stock on the dip? Shares have slipped so far this year, falling from $118.86 on Jan. 2 to $115.89 at the close Jan. 29. With the markets getting back to business after the coronavirus selloff, Walmart stock could start to rally again. Source: Jonathan Weiss / Shutterstock.com But, valuation remains
Marijuana has been a hot topic among investors this year as they speculate on whether the industry will see another big push after a dismal 2019. While I’d agree that marijuana is a sector worth considering for 2020, there are a lot of pitfalls within that space, and Aurora Cannabis (NYSE:ACB) is one of them.
For the most part, it’s been tough for recent unicorn IPOs. Just look at the offerings from companies like Uber (NYSE:UBER), Lyft (NASDAQ:LYFT) and SmileDirectClub (NASDAQ:SDC). They have all sustained material losses for shareholders. Then again, Wall Street has been getting antsy with companies that do not have a clear path to profitability. Source: Sundry Photography
Mobile video gaming has turned into a big growth market, and as it has, shares of dominant mobile video game publisher Zynga (NASDAQ:ZNGA) have soared. In late 2018, this was a $3.50 stock. In early 2020, Zynga stock nearly touched $7. Source: JHVEPhoto / Shutterstock.com That’s roughly 100% upside in just over a year. Can
It’s been close to two years since IQIYI (NASDAQ:IQ) came public. But the company, which is often compared to the Netflix (NASDAQ:NFLX) of China and is a spin-off of Baidu (NASDAQ:BIDU), has had a choppy performance since its offering. The Initial Public Offering for IQ stock was at $18 a share. As of now, the
It’s safe to say Nio (NYSE:NIO) has defied all bearish expectations. When I last weighed in on the stock, I noted, “I’m not a fan of the stock with the EV market pulling back. You can find better opportunities elsewhere at the moment. This slow-motion train wreck will continue for the foreseeable future.” Source: Carrie Fereday
Alibaba (NYSE:BABA) has been in the bull mode since early October with BABA stock going from $161 to a high of $230. Source: BigTunaOnline / Shutterstock.com The main driver, of course, was the Phase One agreement between China and the U.S. regarding the massive trade dispute. While the settlement was somewhat modest, Wall Street still
Is the rebound over for Canopy Growth (NYSE:CGC) stock? Shares ripped from their November lows around $14 per share up to $25 in early January. But, with infused beverage launch delays, investors are getting impatient. Will Cannabis 2.0 be a game-changer for the floundering Canadian pot stocks? Source: Shutterstock The way things are going, Cannabis
The narrative from bulls has long been that Chesapeake Energy (NYSE:CHK) stock simply was, and perhaps still is, too cheap. That narrative never held much water, and in recent months it’s absolutely collapsed. Source: Casimiro PT / Shutterstock.com To be sure, CHK stock certainly looks cheap at Friday’s close of 56 cents. And there has
I’m not going to blame one specific company or its stock for what ails the American stock market today. However, there are a handful of companies that encapsulate just how stretched this market has become. And I would place Shopify (NYSE:SHOP) among them, as Shopify stock’s price run has been absolutely relentless. Source: Jirapong Manustrong
After last month’s epic rally, Rite Aid (NYSE:RAD) stock was too hot to touch. However, with investors taking profits, shares fallen back from their 52-week high of $23.88 to its current price of $12.21. With this month’s dip, is now the time to buy RAD stock? Source: NYCStock / Shutterstock.com December’s earnings surprise sprung life
It’s a myth that health insurers have no interest in seeing healthcare costs contained. They’re just not very good at it. Source: Jonathan Weiss / Shutterstock.com Those which are trying the hardest, United Health (NYSE:UNH) and Centene (NYSE:CNC), have prospered in the last decade. Even those who have used their power reluctantly, like CVS Health (NYSE:CVS),
Struggling home furnishings retailer Pier 1 (NYSE:PIR) is in crisis mode right now. Sales are in free fall, margins are eroding and losses are widening. Cash balance is dwindling, liquidity risks are escalating and management is planning to close nearly half of the company’s locations. Source: Jonathan Weiss / Shutterstock.com In a nutshell, nothing is
Naked Brand Foods Group (NASDAQ:NAKD) stock has been terrible, there’s no other way to put it. NAKD stock is down 98.5% over the past year and 99.8% over the past two years. It has led to one of the worst charts I have ever seen. Source: Shutterstock The apparel company has gone through what I