If you bought shares of Qualcomm (NASDAQ:QCOM) stock back in 1999 at $88 a share, I feel a bit sorry for you. And if you held on to QCOM stock throughout the decades, you finally achieved break-even last week and now you’re in the green. Source: Akshdeep Kaur Raked / Shutterstock.com What a long, strange
Stocks to sell
It’s already here. The sights. The sounds. The red cups. The holiday spending frenzy is once upon us — whether we are ready for it or not. For many retail stocks, this is the most critical period all year. The don’t call it Black Friday for nothing. However, the consumer spending environment continues to get
Rite Aid (NYSE:RAD) has been a slow-motion train wreck for years. Since its highs of $173 in early 2017 to its less than stellar lows of $5.50, investors have left RAD stock for dead. Source: NYCStock / Shutterstock.com And, it’s all thanks to heavy competition that sent revenue streams plummeting, taking with it margins and
Beyond Meat (NASDAQ:BYND) stock is down over 60% from July. After its initial public offering (IPO) on May 2, BNYB stock price exploded to a peak of $234.90. Even with the steep plunge, BNYD stock is still up over 20% from its May 2 closing price. Source: Shutterstock But the party may be ending for
For those who want to gamble on social media firm Snap (NYSE:SNAP), I can appreciate where they’re coming from. Since the start of January, the SNAP stock price has jumped nearly 162%. That easily trumps the year-to-date performances of rivals Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR). Still, I’d consider pocketing some profits if you’re in the
In the last month, United States Steel (NYSE:X) stock has surged 30% already-from oversold levels. Still, the stock still remains underwater, down 27% year to date. That 2019 performance pales in comparison to the 4.7% year-to-date gain in the VanEck Vectors Steel ETF (NYSEArca:SLX), which holds 27 steel and related peers of U.S. Steel stock.
Give credit where credit is due. I’ve had more than my share of worries about Intel (NASDAQ:INTC) this year, but thanks to a third-quarter earnings report last month that impressed investors, Intel stock has rallied nicely. Source: Sundry Photography / Shutterstock.com And the gains are deserved. From a fundamental perspective, Intel’s Q3 was impressive. Headline
Generally, people turn to large-cap stocks when the future looks uncertain. It’s almost cliche but has an element of truth to it. Large-cap stocks are generally more diversified, so if one part of the company’s portfolio gets hit, it has more to make up for it. And some even have counter-cyclical components, specifically for this
You know things are bad when a $101 million loss is the best thing Chesapeake Energy (NYSE:CHK) had to report Nov. 5 when it announced its third-quarter results. CHK stock dropped almost 18% on the news. The oil and gas producer continues its long death march to irrelevance and there is nothing the owners of Chesapeake
Recently, my good friend Talal paraphrased a common adage: the devil you know is better than the angel you don’t. I think this is a perfect description for Beyond Meat (NASDAQ:BYND). While it might be tempting to jump on the heavily-discounted BYND stock price, investors should exercise vigilance. Short-term gains are possible, but lurking in
It’s not a good year to be a tech unicorn. The latest example of this has been eCommerce retailer Wayfair (NYSE:W). Wayfair stock has been on fire over the last few years as the firm has been able to successfully compete against the Amazons (NASDAQ:AMZN) and Walmarts (NYSE:WMT) of the world. However, that growth seems to
U.S. equities are sliding lower this week as China pours some cold water on all those trade deal hopes, implying it is in no hurry to rush into a bad deal. The chatter is that Beijing wants a meaningful rollback in recent tariff increases; not merely a halt to new tariffs. As a result, the
Square (NYSE:SQ) sits right at the corner of just about every major trend of the modern age. But is SQ stock worth owning now? When you do your homework on this payment-processing company, you’ll find much for bulls to appreciate here – and one major warning sign for investors – ahead of Wednesday evening’s earnings
It was an ugly October for shares of Canadian cannabis producer HEXO (NYSE:HEXO). Early in the month, the company announced preliminary fourth quarter fiscal 2019 numbers that fell short of expectations. At that time, management also withdrew its full-year fiscal 2020 revenue guide amid mounting cannabis market challenges and uncertainties. Source: Shutterstock Later in the
It has been a dramatic few months for investors in the so-called tech unicorn stocks. Originally, a unicorn was a privately held tech company that had achieved at least a $1 billion valuation in its latest funding round. Over the past year or so, many of these unicorns are shedding the private part of the
Stocks have taken a pause to reflect on some economic numbers and earnings. It seems investors are caught between optimism for what the fourth quarter holds for consumers and the rising risk that the U.S. isn’t immune from the global slowdown. There are plenty of ways to argue both for and against a strong Q4,
Markets were not impressed when Shopify (NYSE:SHOP) reported third quarter 2019 results on Oct. 29. Without doubt, there are positives in Q3 results. Revenue growth was robust at 45%, monthly recurring revenue continues to trend higher and gross merchandise volumes also swelled. However, SHOP stock seems to have moved way ahead of fundamentals. Source: Beyond
Shares of action camera maker GoPro (NYSE:GPRO) printed a fresh all-time low in early October of $3.25 after the company reported that its new products, the HERO8 Black and HERO Max, would launch later than expected because of production delays. Since, GoPro stock has rebounded some to the $4 level as both cameras have already
A stock like Hexo (NYSE:HEXO) is going to look intriguing to some investors. After all, the HEXO stock price has dropped 73% in a little over six months. Source: Shutterstock That plunge itself could draw in investors who try to time bottoms, particularly those who are bullish on the long-term opportunity in cannabis. Certainly, in
Aurora Cannabis (NYSE:ACB) stock continues to fall. As the supply glut worsens and the cost of regulation turns buyers to the black market, investors continue to sell off Aurora and its peers. Source: ElRoi / Shutterstock.com Given the continuing drop in ACB stock and worsening industry conditions, I would not expect a turnaround soon. Put