The United States stock market continues to chug along, hitting new highs. The Federal Reserve is allowing interest rates to fall. Consumers are keeping the economy going. Why worry about bad stocks when it seems that the end of the year is going to be as strong as the rest of the year has been?
Stocks to sell
Ford (NYSE:F) stock is enjoying a brief rally as investors cheered the company’s restructuring plan. Shares of Ford and rival General Motors (NYSE:GM) are doing better than the automotive index. Source: overcrew / Shutterstock.com However, like most corporate restructurings, Ford’s plan needs time. Unfortunately, time may be a commodity the automaker does not have. Even
On Wall Street, there are consensus stocks to buy and crowded trades. There are also situations where analysts and investors are divided over a particular name. Mobile payments provider Square (NYSE:SQ) appears to be in the latter category. Source: Jonathan Weiss / Shutterstock.com Once high-flying, SQ stock has fallen on hard times of late, tumbling
Aurora Cannabis (NYSE:ACB) stock price has been on a deep slide lately. ACB stock is down 14% since it reported earnings on September 11 for the quarter ending June. Source: Shutterstock The market was deeply disappointed. ACB had guided analysts to expect revenues from $100 million CAD to $107 million CAD for the quarter. But
If we really are headed toward a market downturn, the share price of mobile-gaming specialist Zynga (NASDAQ:ZNGA) isn’t showing it. Since the opening volley of this year, Zynga stock has gained a mind-blowing 56%. Moreover, its recent earnings beat for the second quarter provides a fundamental basis for optimism. Source: 360b / Shutterstock.com The gaming
Like others in the cannabis industry, Canopy Growth Corp (NYSE:CGC) is facing some challenges. CGC stock has performed poorly and the company is losing large amounts of money. Source: Shutterstock In fiscal 2017, it reported losses of about $55 million. In 2018, CGC posted even greater losses of around $670 million. This number is artificially
In early May 2019, cloud computing and virtualization software giant VMware (NYSE:VMW) looked unstoppable. VMware was riding high on big-time partnerships with cloud platform giants Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT), the numbers looked great and VMW stock was soaring towards fresh all-time highs around $200. Source: Sundry Photography / Shutterstock.com But, as seasoned investors know,
The past six months have gone from bad to worse for Canadian cannabis producer Aurora Cannabis (NYSE:ACB). In just a few short months, Aurora Cannabis stock has shed nearly 70% of its value as both the industry and the firm itself faced severe headwinds. Source: Shutterstock Despite being a popular pick among millennial investors this
There’s not a stock in the market with a more pitched bull and bear divide than Tesla (NASDAQ:TSLA) stock. Bulls cite a massive growth opportunity — and a company that can help improve life on Earth. Bears point to the company’s lack of profitability, a long list of broken promises and an arguably inflated valuation.
It’s been a great September for shares of banking giant JP Morgan Chase (NYSE:JPM). Month-to-date, the JPM stock price is up nearly 10%, handily outpacing the S&P 500 index’s 2.5% gain in September. But, JP Morgan stock is doing more than outperforming the broader markets recently. Over the past two weeks, the shares are up
There is a feeling in financial markets right now that the U.S. and global economic environments are actually improving. Look no further than Citi’s Economic Surprise Index, which measures how economic data is coming in relative to expectations. For the first time since early 2019, this index has poked into positive territory. If the U.S.
In the nearly-eight years Ginni Rometty has served as CEO of International Business Machines (NYSE:IBM), IBM stock has lost 23% of its value. From the shares’ peak in early 2013, while her predecessor’s initiatives were still in motion, the IBM stock price has fallen 33%. Source: JHVEPhoto / Shutterstock.com The performance of IBM stock, of
Gaming stocks are finally showing a little life again. After a dreadful couple of quarters, the gaming names have started to recover from their worst levels. Activision Blizzard (NASDAQ:ATVI) stock, in particular, is back to the $56 range after reaching $40 earlier this year. Source: Lauren Elisabeth / Shutterstock.com Is the optimism justified? Some analysts
Anyone who has bought and held Netflix (NASDAQ:NFLX) stock for more than a couple of years has made a killing as the company has spearheaded the cord-cutting, anti-cable-TV revolution. Netflix was the undisputed leader in the streaming niche for a long time — and still is, perhaps, but some well-known names are poised to take
Many people colloquially refer to Nio (NYSE:NIO) as the Tesla (NASDAQ:TSLA) of China. The term is meant to describe the company’s attractive and futuristic electric vehicles. The problem is, like Tesla, Nio is running a race to long-term profitability that still seems elusive. Source: Shutterstock However, a greater concern for investors regarding Nio stock is
If you’ve followed my work over the past year, you know that I’m a strong supporter of marijuana stocks. While the viability of individual names varies, overall, the lack of a defined upside excites me. In other words, the cannabis market could be the most transformative of our generation. Or it could crash and burn.
Nio (NYSE:NIO) should be a better investment than it is, but Nio stock looks as if it’s going to lose the EV race in a big way. Source: THINK A / Shutterstock.com The electric car revolution is coming and investors are readying their portfolios. Not only are the quieter and cheaper to run than their
In breaking news on Wednesday, President Trump announced that he would delay scheduled tariffs against China by two weeks. As he put it, the delay represents a goodwill gesture to China, and comes at the request of China’s Vice Premier, Liu He. And on the surface, this development seemingly bodes well for JD.com (NASDAQ:JD) and
Shares of General Electric (NYSE:GE), the once beloved now oft-maligned industrial conglomerate, are up nearly 10% over the past week, arguably a jaw-dropping move for slumbering, slow-growth company with plenty of headline risk. Source: testing / Shutterstock.com Still, 10% in a few days is nothing to scoff at, nor is GE stock’s year-to-date gain of
It goes without saying that Canopy Growth (NYSE:CGC) has endured a rough summer. Market leadership could not compensate for falling multiples, earnings and revenue misses, and a CEO firing. Canopy Growth has bounced back from near-term lows. Still, it remains too early to tell whether that bounce represents a pause in the decline or a