Stocks to sell

If you want a candidate for surprise picks of the year, Comcast (NASDAQ:CMCSA) surely deserves consideration. As a traditional media and TV services provider, the company obviously faces risk from the cord-cutting phenomenon. Simply put, people, especially younger people, don’t consume content entertainment like they used to. Nevertheless, the Comcast stock price is up a

Undoubtedly, cloud services companies like Okta (NASDAQ:OKTA) offer the most relevant products and platforms. With more organizations taking advantage of the connectivity and cost efficiencies that cloud functions provide, OKTA stock has witnessed a surge in buying interest. Source: Sundry Photography / Shutterstock.com That said, the industry is still relatively in its infancy. While early

Struggling pharmacy retailer Rite Aid (NYSE:RAD) has shown surprising signs of life recently, as RAD stock has rallied an impressive 40% over the past seven trading days. That’s a big rally in a short amount of time. Indeed, it’s the biggest seven-day rally RAD stock has staged in the past five years. Source: Ken Wolter

Stocks suffered a terrible August with the Dow, S&P 500, and Nasdaq losing 1.7%, 1.8%, and 2.6%, respectively. If you didn’t take the time this past month to figure out which stocks to sell, you might want to do that before too long.  September is historically the worst-performing month on the calendar. Over the past

After Aurora Cannabis (NYSE:ACB) sold its remaining 10.5% stake in cannabis supplier Green Organic Dutchman Holdings (OTCMKTS:TGODF) ACB stock was up, but only for a short while. Given time to think about it, traders ultimately decided Aurora Cannabis stock wouldn’t be worth any more without than with it. They may be right. Granted, the sale

Snap (NYSE:SNAP) stock has defied the predictions of many analysts, myself included, and made a comeback. The social media company has become more successful by offering new functionality and making its platform more useful to advertisers. Source: ArthurStock / Shutterstock.com However, SNAP stock price has slid in recent weeks, and worries about SNAP”s competition have

I’ve followed the cannabis space for a long time now, and in my years observing marijuana stocks, I’ve come to one very important conclusion:  there are a lot of pot stocks out there, but only a handful of them will turn into long-term winners. Most of them will fall to zero in the long-run. Source:

Nio (NYSE:NIO) stock continues to move backward. While often compared to Tesla (NASDAQ:TSLA), Nio stock has failed to gain the traction of its U.S.-based counterpart. Source: THINK A / Shutterstock.com While the car may review well, competition and mounting problems with the company create questions about whether the company holds much of a future. Nio

Over the last several years, Advanced Micro Devices (NASDAQ:AMD) has achieved a remarkable turnaround, and AMD stock has followed comfortably along. Source: Sundry Photography / Shutterstock.com Long considered an afterthought to Intel’s (NASDAQ:INTC) innovative leadership, the spirited semiconductor firm has been punching well above its weight. As a result, the AMD stock price over the

Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) has become range-bound. Google stock has failed to gain traction over the last year. Despite double-digit profit growth, lawsuits and privacy concerns have left Alphabet stock unable to gain traction. Source: Valeriya Zankovych / Shutterstock.com To be sure, the company continues to innovate. Although it still derives the majority of its revenue

It was not a good August for General Electric (NYSE:GE) stock. Accountant Harry Markopolos, famous for blowing the whistle on Bernie Madoff,  published a 175-page report, which alleged that GE had widespread fraud, including concealing $38 billion of losses. On the news, General Electric stock plunged 11%. Source: testing / Shutterstock.com But GE’s management swiftly

Canopy Growth Corporation (NYSE:CGC) just reported its Q1 2020 results, which gave CGC stock a bump, but still wasn’t what many investors were hoping for. Source: Shutterstock The company highlighted that the net revenue generated in the quarter was close to $91 million and that recreational dried cannabis sales increased by 94% over Q4 2019. 

If its production numbers hold up, Tesla (NASDAQ:TSLA) looks like a viable car company. In the second quarter, TSLA announced delivery of 92,500 vehicles. This number not only beat analysts’ expectations, but beat the company’s own internal estimate for 90,966. The Model 3 also seems to have a strong audience in Europe. Strong numbers in

Nio (NYSE:NIO) stock has traded sideways over the past month. Shares in the Chinese electric vehicle (EV) maker opened at $3.21 a share on August 2, and closed at $2.86 a share on August 30. Investor sentiment continues to be negative. Source: THINK A / Shutterstock.com Shares continue to trade more than 50% below their

The price of Hexo (NYSE:HEXO) stock continues to decline. HEXO stock fell down to the $4 threshold this past week, and has now declined more than 50% from its recent peak. Like industry rivals Tilray (NASDAQ:TLRY) and Canopy Growth (NYSE:CGC), Hexo stock has faced relentless selling. Source: Shutterstock Hexo stock has largely declined because of the huge

Netflix (NASDAQ:NFLX) was already struggling in the United States, losing 130,000 domestic subscribers a quarter ago, sending Netflix stock much lower as a result. Source: Riccosta / Shutterstock.com Now, a recent survey taken by UBS sets the stage for even more shareholder setbacks. As it turns out, a sizable number of U.S. consumers say they’re

Even though I’m not a fan of electric vehicle maker Nio (NYSE:NIO), I understand the allure of the Nio stock price. At one point earlier this year, shares closed up just above $10. And in September of last year, we saw NIO finish a session near $12. Today, you can pick up this equity for

Shares of social media platform Twitter (NYSE:TWTR) have been on fire in 2019, with Twitter stock rallying nearly 50% year-to-date. Deservedly so. Twitter’s numbers have been really good this year – big user, revenue, and profit growth in each of the three quarters Twitter has reported in 2019. Source: Worawee Meepian / Shutterstock.com The market

Many investors looking for a home run, i.e., a growth stock that lifts their portfolios tremendously, have invested in Lyft (NASDAQ:LYFT), the ride-sharing company that went public in March at an opening price of $87.24. On Mar. 29, the day of Lyft stock’s IPO, the shares reached  an all-time high of $88.60. Since then, the early

The decline for Nio Inc (NYSE:NIO) stock has been relentless since March 2019. Nio stock price has slumped due to several fundamental concerns and these worries sustain. While a bounce back from oversold levels is entirely likely, NIO is far from being considered a portfolio stock. Source: THINK A / Shutterstock.com This coverage on Nio