Stocks to sell

Back in July, I wrote that Aurora Cannabis (NYSE: ACB) had a cash burn problem. In the past week, it has become painfully clear HEXO (NYSE: HEXO) stock has one too. Source: Shutterstock The HEXO stock price has tanked another 22.8% in the past two weeks. Unfortunately, analysts are not recommending investors buy the dip

This has been a good year for investors in Micron Technology (NASDAQ:MU). Year-to date, Micron stock is up more than 50%. Source: Valeriya Zankovych / Shutterstock.com On Sep. 26, the company reported earnings results for the fourth quarter as well as the full year of fiscal 2019. As we get ready to wrap up another

Cronos (NASDAQ:CRON) is down over 64% from its peak but it is still quite overvalued. Moreover, compared to all the other major Canadian cannabis stocks, Cronos stock is the most expensive. Source: Shutterstock You can see from this table below that CRON stock is trading at high multiples of revenue compared to its peers. The

After touching year-to-date 2019 highs of $3.44 in the beginning of April, Chesapeake Energy (NYSE:CHK) has been tumbling fast. CHK stock is already lower by 59% and I don’t see any respite. Source: Casimiro PT / Shutterstock.com Chesapeake Energy has certainly been trying to lower the cost and increase the weight of oil in production.

Snap (NYSE:SNAP) has benefited from an impressive, unexpected comeback in 2019. Because the company has begun earning more revenue from ads, investors have snapped up SNAP stock. Source: dennizn / Shutterstock.com However, once investors look closely, they may find that SNAP has not entirely escaped the challenges that briefly took Snapchat stock below $5 per

U.S. equities are treading water ahead of the Federal Reserve’s latest policy decision, with the Dow Jones Industrial Average holding near the 27,000 level. While most stocks are holding steady ahead of what is expected to be another interest rate cut, energy stocks are weakening here as West Texas Intermediate drops back below the $55-a-barrel

Since I wrote about the massive overvaluation of Shopify (NYSE:SHOP) last month nothing has occurred to change my mind. If anything, SHOP stock has gotten worse, especially now that Amazon (NASDAQ:AMZN) has decided to take on Shopify’s potential threat (more on that below). Source: BalkansCat / Shutterstock.com You need to be more than a little

This year, Amazon.com (NASDAQ:AMZN) had some good news for customers: one-day shipping is now standard for Amazon Prime orders. But in last Thursday’s quarterly report, this translated into bad news for investors in AMZN stock. The effort contributed to a spectacular earnings miss: Last year, Amazon earned $5.75 per share in the third quarter. Analysts were expecting

Back in July of this year, International Business Machines (NYSE:IBM) stock holders had pinned their hopes on the company’s acquisition of Red Hat. Granted, it was an expensive purchase at $34 billion, but this was supposed to make IBM stock a power player in the cloud-computing space. Source: JHVEPhoto / Shutterstock.com Since that time, investors

In the recent past, most of the discussions about Qualcomm (NASDAQ:QCOM) have revolved around the launch of 5G. Without a doubt, the rollout of 5G is likely to be a game-changer for QCOM and for several industries. QCOM stock has responded positively to the company’s impending growth opportunity, surging 44% so far in 2019. Source:

With a market cap of over $41 billion, Activision Blizzard (NASDAQ:ATVI) is one of the most important interactive software and content developers, holding the keys to some of the biggest video game franchises. Year-to-date, Activision Blizzard stock is up about 17%. The group is expected to report quarterly earnings on Nov. 7. So what kind of

Bank of America (NYSE:BAC) stock may not be as great a bargain as some have hyped it to be. Yes, BAC stock is cheap. Or it appears to be. And yes, the recent quarterly earnings came in fairly positive and pleased the market. Source: Michael Vi / Shutterstock.com But what lies underneath this story are

The hype around Disney (NYSE:DIS) has again brought attention to Disney stock. The company will soon launch its streaming service Disney+ and release a new Star Wars movie. Since DIS has not moved significantly in recent months, some now wonder if the equity finally has a new catalyst. Source: David Tran Photo / Shutterstock.com Unfortunately,

In 2018, CSX (NASDAQ:CSX) was the tenth-largest railroad company in the world by revenue. That includes big nationalized railroads in Germany, France, Russia, India and Japan. In the United States, it’s the No. 3 railroad by revenues. Source: Wangkun Jia / Shutterstock.com It’s also the top railroad east of the Mississippi River, with solid free

Plug Power (NASDAQ:PLUG) stock might have surged by 142% in year-to-date 2019. But I remain skeptical about the scalability of the business model in the long term. Understandably, Plug Power has different views. The company is targeting revenue of $1 billion and adjusted EBITDA of $200 million by 2024. Source: Shutterstock Considering the rally in

General Motors (NYSE:GM) stock has shown signs of life heading into earnings next Tuesday. There has been some good news along the way that has helped General Motors stock rally nearly 6% over the last twelve sessions. Source: Katherine Welles / Shutterstock.com Most notably, a concerning strike by the United Auto Workers union has been

Tilray (NASDAQ:TLRY) stock seems to be in disarray after having declined by more than 90% from its all-time-highs. But the company’s September 2019 presentation seems to indicate that the opportunities of the cannabis industry are endless. Source: Jarretera / Shutterstock.com That may be true, but the presentation does not touch on a single challenge facing

U.S. equities look ready to take a leg lower as the political situation in Washington worsens and the flow of Q3 corporate earrings and economic data suggest a real slowdown is underway. As a result, the Dow Jones Industrial Average is falling away from the 27,000 level and looks set for a break below its

With almost every passing week, the price of Nio (NYSE:NIO) stock continues to decline. Following its recent weak earnings report, Nio stock price plummeted to fresh depths. It broke the $2 mark, and reached a new all-time low of $1.19 before bouncing. Source: Sundry Photography / Shutterstock.com Be careful about holding Nio stock too long following any

It’s been a rollercoaster for Amazon.com (NASDAQ:AMZN) stock all year. After clawing its way to new 52-week highs in mid-July, AMZN promptly fell off on a Q2 earnings miss. Today, its year-to-date gain has been cut in half. And, believe it or not, AMZN stock’s price-to-earnings ratio is near its lowest levels since 2015, when