Shopify (NYSE:SHOP) stock has plateaued. SHOP had a massive run-up, as Shopify stock more than tripled in eight months. However, SHOP stock pulled back dramatically in August and has traded in a range since that time. Source: justplay1412 / Shutterstock.com Now many wonder what SHOP stock will do next. Will it retest its all-time high
Stocks to sell
Absent broader context, consumer technology giant Apple (NASDAQ:AAPL) appears like a no-lose proposition. Despite some bearish calls that the Apple stock price is stretched – including my own two cents – shares have continued to defy gravity and the critics. On a year-to-date basis, AAPL is up over 50%. Source: Shutterstock Again, by any other
For the most part, I envy JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon. In my cynical view, he’s the real “leader” of the free world. Yet it’s times like these where I’m glad I’m just the average Joe. With a critical third quarter of 2019 earnings report coming up early next week, all eyes are on
Shares of tobacco giant Altria (NYSE:MO) have taken a pounding in 2019 amid escalating headwinds in the e-cigarette market. Year-to-date, Altria stock is down 12%. Source: Kristi Blokhin / Shutterstock.com Recent weakness simply adds to what has been a secular decline in Altria stock, which dates back to mid-2017. The driver of this secular decline?
Prior to the most recent dust up in U.S.-China relations, the case for Alibaba Group (NYSE:BABA) was an interesting one. After Alibaba stock peaked in the early summer 2018, shares have consistently met upside resistance. However, an apparent thaw in trade war tensions suggests a potential breakthrough. After all, a Chinese delegation was willing to
Love them or hate them, when it comes to bellwether stocks, you don’t have to look further than the big banks. With their unrivaled resources and influence on the economic machinery, financial institutions like Citigroup (NYSE:C) carry significant clout. In particular, analysts dissect their earnings report, seeking clues for what may lie next. And if
Amid increasing negativity, Nio (NYSE:NIO) continues its slide. A poorly-handled quarterly report and continuing downward revisions have weighed on Nio stock as the company continues to lose money. Source: Sundry Photography / Shutterstock.com However, traders often forget about the Chinese mindset when considering the behavior of the companies and stocks within the People’s Republic. Although
Shares of hyper-growth enterprise software company Atlassian (NASDAQ:TEAM) have been on fire for the past several years. Atlassian hit the public markets in December 2015 at an IPO price of $15 per share. Today, TEAM stock trades hands around $130, representing a 767% share price increase in less than four years. Source: flowgraph / Shutterstock.com
When Lyft (NASDAQ: LYFT) stock jumped 8.7%, closing at $78.29 on its first day of trading back in March, I felt I needed to warn people to “avoid Lyft stock like the plague.” Source: Tero Vesalainen / Shutterstock.com Unfortunately, six months later, with LYFT stock price now at $39, very little has changed about my
The decline experienced by Tilray (NASDAQ:TLRY) this year is breathtaking, even by cannabis industry standards. Tiray stock shed nearly two-thirds of its value this year, nearly quadruple the loss of the ETFMG Alternative Harvest ETF (NYSEARCA:MJ). Source: Jarretera / Shutterstock.com Tilray stock’s 52-week high is just under $179. On Friday, Oct. 4, the shares barely closed
I’ve seen Nio (NYSE:NIO) stock called many things, including the Chinese Tesla (NASDAQ:TSLA) and the poster boy for IPO disappointment. Those are harsh words, and I’ve tried to defend Nio, but my “give it a chance”-attitude is fading fast. Source: Sundry Photography / Shutterstock.com I do feel sympathy for folks who purchased Nio stock and watched
One of the classic rules of investing is to always be worried when a company puts out a press release on Friday afternoon. It’s never good news. If the company wants attention, it doesn’t put something out just ahead of a weekend. So when Hexo (NYSE:HEXO) released news on Friday after the market closed, you’d
A total of 36 analysts cover Lyft (NASDAQ:LYFT) and Uber (NYSE:UBER). Source: Tero Vesalainen / Shutterstock.com Despite the fact that the two companies have each lost billions over the past 12 months, Lyft stock and Uber stock are both held in high esteem by Wall Street analysts. In this article, I’m only going to talk
Over the last several months, I’ve been consistently bearish on electric vehicle maker Nio (NYSE:NIO). Commonly referred to as China’s Tesla (NASDAQ:TSLA), that comparison originally had a positive connotation. But with both companies’ equity shares – and especially the Nio stock price – underperforming this year, it’s now a regrettable assessment. Source: xiaorui / Shutterstock.com
The stock price of Nvidia (NASDAQ:NVDA), the premiere graphics-chip maker, has been choppy in recent weeks. Since mid-September, semiconductor stocks, including Nvidia stock, have been among the hardest hit by the uncertainties facing the market. Source: michelmond / Shutterstock.com Given Nvidia’s innovations in multiple areas, including AI and machine learning, there’s a strong bull argument for Nvidia stock. However,
Shares of struggling pharmacy retailer Rite Aid (NYSE:RAD) went on a roller coaster ride of epic proportions in September. RAD stock price entered September at $6.50. A few days into September, RAD stock was trading just shy of $10. By the end of the month, RAD stock price had come crashing back down to $6.50.
Shares of GoPro (NASDAQ:GPRO) tumbled in early October after new product announcements from the action camera maker were overshadowed by news of production delays and a sharp second-half 2019 guidance cut. Specifically, although GoPro announced the new HERO8 Black and HERO MAX cameras, management also announced that a late stage production delay would push back
Netflix (NASDAQ:NFLX) got what looked like good news about subscriber loyalty recently, but it isn’t great news for Netflix stock. Source: Flickr via Mike K. Most Netflix subscribers say they’re not interested in also subscribing to the rival service offered by Disney (NYSE:DIS), called Disney+, set for a November launch. And, most Netflix customers are also
Aurora Cannabis (NYSE:ACB) shareholders just can’t catch a break. Just when it looked like ACB stock might stop its post-earnings tumble, the company found itself on the wrong side of analysts’ action. Yesterday MKM Partners warned investors it doesn’t believe Aurora’s EBITDA will turn positive until early 2021, versus the market’s previous assumption that the
Rite Aid stock (NYSE:RAD) really has no chance of turning around anytime soon. After all, RAD stock is down from a peak price of $173 in early 2017 to just $6.90. But Rite Aid stock has no real prospects right now of turning around. Source: Ken Wolter / Shutterstock.com This pharmacy/retail company has huge financial