Stocks to sell

When I last wrote about Bed Bath & Beyond (NASDAQ:BBBY) earlier this month, I talked mainly about the struggling retailer’s recent financing transaction with Hudson Bay Capital Management, and what it meant for BBBY stock in the future. In a nutshell, I argued that Hudson Bay was making an asymmetric wager on favorable terms, yet
0 Comments
Investors are always looking for a good bargain. And companies whose share prices have plunged can represent great buying opportunities if conditions are right. But there are some stocks to avoid at any price given their operating losses and flawed business models. Traders tolerated large losses in recent years if a company seemingly had a
0 Comments
There were some big changes made to the S&P 500 on March 17, with several well-known stocks getting reclassified. For instance, Target (NYSE:TGT), Dollar General (NYDE:DG) and Dollar Tree (NASDAQ:DLTR) are now classified as consumer staples rather than consumer discretionary stocks. And Visa (NYSE:V), Mastercard (NYSE:MA) and Paypal (NASDAQ:PYPL) have been moved from the technology
0 Comments
It may be tempting to go bottom-fishing with bank stocks. However, you need to pick and choose your assets carefully. Ally Financial (NYSE:ALLY) stock might appeal to some traders because of takeover rumors that are floating around. Be careful if you’re making investment decisions based on gossip, though. Besides, Ally Financial has significant problems that you
0 Comments
For Coinbase (NASDAQ:COIN) and Coinbase stock, the signs of impending doom could hardly be stronger or more obvious. The Securities and Exchange Commission has crippled other crypto exchanges that, like Coinbase, have defied it, and the agency has issued multiple warnings that it will take similar steps against Coinbase. Through many actions and statements, the Biden administration
0 Comments
Although electric vehicle stocks have become far less hot during this bear market, the pivot towards vehicle electrification keeps moving forward. Even so, that doesn’t mean every EV stock is a buy. In fact, there are plenty of names one should consider EV stocks to sell. Why? The overall trend may be favorable, but in the
0 Comments
Like with other financial stocks, the recent banking crisis has affected the performance of Ally Financial (NYSE:ALLY) stock. However, after plunging on the heels of many bank collapses, ALLY stock has found support. Growing speculation that legendary investor Warren Buffett’s firm, Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B), already a large Ally Financial shareholder, will make a takeover
0 Comments
Lately, it appears that Bed Bath & Beyond (NASDAQ:BBBY) has been following the playbook of many distressed publicly listed businesses. The company is seeking to enact a reverse split of BBBY stock. Furthermore, Bed Bath & Beyond is still pursuing its equity offering agreement even though the company’s shares are rapidly losing value. These measures are
0 Comments