It’s easy to get the sense that Aurora Cannabis (NYSE:ACB) is at real risk of bankruptcy, which would send Aurora stock to zero. The steady decline of ACB stock over the past nine months suggests that at least some investors have that fear. Source: ElRoi / Shutterstock.com After all, Aurora Cannabis probably has been the
Stocks to sell
Pinterest (NYSE:PINS) stock is doomed to slower growth and will likely continue losing money. These are the main reasons not to buy Pinterest stock. I could leave it at that, but my thesis requires some explanation. Source: Nopparat Khokthong / Shutterstock.com To begin with, never be impressed with the lines that a major internet company
As promised, Constellation Brands (NYSE:STZ) brought one of its own executives to fill the CEO chair at Canopy Growth (NYSE:CGC), the cannabis company it invested in back in 2018. Source: Shutterstock Newly picked David Klein’s mission is to oversee Cannabis 2.0, a line of beverages and edibles infused with pot that became legal in Canada
Hexo (NYSE:HEXO) has been on my radar for a while, and not in a good way. Hexo stock seems to consistently find new ways to disappoint. Source: Shutterstock Over the past few months, I’ve said over and over and over again that investors should avoid shares of the Canadian cannabis producer. The thesis has remained
Back in mid-September, I wrote on InvestorPlace that caution was warranted on cloud computing and virtualization software giant VMware (NYSE:VMW) for one very simple reason: valuation. Specifically, I said that although the outlook of VMware in cloud virtualization was good, it wasn’t good enough to warrant the high valuation of VMW stock at the time. Source: Sundry
AT&T (NYSE:T) is having a great year in the markets. Up 40.4% in 2019, including dividends, through December 9, it seems AT&T stock can do no wrong. Source: Lester Balajadia / Shutterstock.com If T stock was a boxing match, Mad Money host Jim Cramer would be in one corner while MoffettNathanson analyst Craig Moffett would
U.S. equities have stalled on Wednesday as Wall Street prepares for a barrage of catalysts including policy decisions by the Federal Reserve and European Central Bank as well as the outcome of the United Kingdom’s latest election — which will have implications for whether or not Brexit actually happens. We are also fast approaching the
If you invested in Snapchat stock (NYSE:SNAP) on Jan. 2, 2019, you’ve had a good year. The SNAP stock price has grown 162% year-to-date. But if you look at the long-term trajectory, the stock is telling a different story. Source: dennizn / Shutterstock.com Since the company’s initial public offering (IPO) in March 2017, the stock
Wells Fargo (NYSE:WFC) stock has risen over 25% since its August lows. In late September, Wells Fargo announced it had hired a new CEO. And it’s safe to say that WFC stock has been on a sort of honeymoon hike since then. But for many investors, questions remain about its difficult fundamentals and relative valuation.
As I’ve noted in previous columns for InvestorPlace, I’ve been a bull on Nokia (NYSE:NOK) stock for awhile. But of course, I’ve turned out to be very wrong about NOK stock. Source: RistoH / Shutterstock.com In 2019, Nokia stock has climbed just 39%, despite a strong bull market, which has lifted many tech stocks like
Low-priced pharmaceutical stocks are known troublemakers, and emblematic of the pharma niche is Teva (NYSE:TEVA). Over the course of its history, TEVA stock has taken shareholders on a ride from a few cents to the $70 level, only to retreat back below $10. Source: JHVEPhoto / Shutterstock.com However, a government crackdown on alleged opioid-dealing firms
New Age Beverages (NASDAQ:NBEV) stock is a loser. NBEV stock is down 73% from its peak this February and off over 74% from its 52-week high. Source: Shutterstock The CEO, Brent Willis, consistently sells portions of his shares each month. Furthermore, this company, including its recently added multi-level marketing company Morinda, is losing money and
Without a doubt, e-commerce marketplace Shopify (NYSE:SHOP) has been a revelation. After a brilliant performance in 2017 and a respectable one in 2018, Shopify stock is simply on fire this year. Despite a general slowdown in momentum in the second half, shares are still up nearly 169% year-to-date. Still, with so much positivity, it’s fair
Canopy Growth (NYSE:CGC) is unquestionably one of the leading names in the cannabis sector. There are some good reasons for that. It is one of the sector’s largest growers. And while oversupply has become a prevailing theme in the cannabis sector, at some point this should become a competitive advantage. Source: Shutterstock Canopy also has
Chinese electric vehicle maker Nio (NYSE:NIO), likely a favorite of the day trading crowd, has been on a roll of late. However, even with its run higher, the company reminds us of the perils of dancing with low-priced stocks. There’s a reason markets focus on percentages. Source: Sundry Photography / Shutterstock.com Even with a 6.2%
For stocks like Roku (NASDAQ:ROKU), growth has beaten valuation almost every time in this market. Whether it’s ROKU stock, or Shopify (NYSE:SHOP), or (for the most part) the likes of Amazon.com (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX), investors have proven that they will pay almost any price for solid growth. Source: JHVEPhoto / Shutterstock.com And so, for
Wall Street is in Santa Claus rally mode at the end of the week. But will it be another and more bearish December to remember? One thing is for certain, blue-chip stocks 3M (NYSE:MMM), ExxonMobil (NYSE:XOM) and Home Depot (NYSE:HD) are showing technical signs that admired income streams will be trumped by capital gains for
I’d like to start this article on Costco (NASDAQ:COST) stock by saying two really important things. First, Costco is as good as it gets in the retail world. Source: Helen89 / Shutterstock.com Costco has been dominant because it has utilized two successful retail models: the warehouse retail model, which is successful because it optimizes convenience
Although tech stocks generally comprise a hot space, not all companies within the space are hype-worthy. The technology sector is one of the biggest gainers of the year. With an almost 40% year-to-date gain, 2019 will go down in the history books as a banner year for tech stocks. Its ranks are full of out-sized
The decline for Chesapeake Energy (NYSE:CHK) continues unabated. The stock is already lower by 82% from 2019 highs of $3.44. As fundamental concerns persist, there is little reason to believe that CHK stock can bounce back in the foreseeable future. At this point, between investor worries and formidable headwinds, Chesapeake Energy doesn’t look good. Source: