Stocks to sell

SoFi (NASDAQ:SOFI) reported third-quarter results that showed strength in some areas. But the company remains unprofitable and its EBITDA actually dropped year-over-year last quarter, while a number of the bulls’ main theory theories on the company appear to be misguided. Moreover, boding badly for SOFI stock, many entities sold the shares in recent months, and

In the last year, Ocugen (NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there, the stock is up over 1,600%. Source: shutterstock.com/PhotobyTawat However, it’s worth noting that OCGN stock was trading well below one

I’ll be frank here. I’m pretty surprised that GameStop (NYSE:GME) stock managed to hold on to at least a portion of its gains in 2021. GME stock opened the year at $19 a share; today, it’s at $154. Source: Shutterstock / mundissima Much of that is due to GameStop’s huge, loyal following on Reddit’s r/WallStreetBets.

By all rights, SmileDirectClub (NASDAQ:SDC) shareholders should be a happy bunch right now. After all, Covid-19 kept many people out of dental offices, creating the perfect opportunity for a company built around remote teledentistry. In addition, pandemic-weary consumers have spent 2 years of boosting spending on self-care. Improving their smile should have been a no-brainer. However,

Sometimes a stock mysteriously rises without any identifiable logic. That’s essentially what happened in the case of AeroClean Technologies (NASDAQ:AERC) stock, which rose meteorically, only to quickly plummet.  Source: Maridav/ShutterStock.com It is really a very strange tale in the world of the stock market. There’s plenty of precedent in recent times for strange tales within

EV charging company ChargePoint’s (NASDAQ:CHPT)  revenue grew rapidly again last quarter. However, the market hasn’t paid much attention to that, and CHPT stock has lost over 28% of its value in the past month. Source: Michael Vi / Shutterstock.com The company wants investors to believe that it’s a software-as-a-service (SaaS) company, but the margins and

Despite its massive drop in price since last winter, there’s still a lot of optimism for Desktop Metal (NYSE:DM). Given the potential growth the additive manufacturing (3D printing) industry could see in the coming years, I understand why many may continue to give the company some slack and hold onto their positions in DM stock. Source:

From a topical perspective, Opendoor Technologies (NASDAQ:OPEN), despite an overall challenging economic environment, offers investors reason to believe in OPEN stock. Source: Tada Images / Shutterstock.com Yes, inflation in the housing market seems well overstretched, possibly due for a correction, but then, data is king. The data shows that housing prices in the U.S. keep

Phunware (NASDAQ:PHUN) stock apparently soared in October due to its connections to cryptocurrencies and the 2020 reelection campaign of President Donald Trump. Phunware’s software allows companies “to engage, manage, and monetize their mobile applications.” Source: mundissima / Shutterstock.com Because of Phunware’s links with the Trump campaign, some investors believed that the company would be utilized

I’m often a contrarian voice on stocks. But when it comes to AMC (NYSE:AMC) stock, I embrace what appears to be the view of most pundits and analysts. Source: rblfmr / Shutterstock.com Specifically, I agree that AMC’s shares have peaked and that they are headed much lower. Indeed, with movie theater attendance still very low

Ocugen’s (NASDAQ:OCGN) chances of finding success with its Covid-19 vaccine candidate Covaxin have continued to drop. So, too, has the price of OCGN stock. Trading for around $7 per share when I last wrote about it, today it’s around $4.90 per share. Source: shutterstock.com/PhotobyTawat Now, not all of its recent slide can be chalked up to

“What a difference a year makes” is the best way  to describe the situation of ContextLogic (NASDAQ:WISH). A year ago, WISH stock was marking its debut on the Nasdaq Exchange, via an IPO that priced it at $24 per share. Source: sdx15 / Shutterstock.com Today the shares of the e-commerce company which operates the Wish.com platform

Several reports say the U.S. is planning to add eight more Chinese firms, including the country’s largest commercial drone maker, to its investment blacklist before year’s end. U.S. investors are barred from taking stakes in companies on the list, which currently comprises about 60 firms. The report prompted a selloff in Chinese stocks listed in

Tilray (NASDAQ:TLRY) stock has been on a negative run for the past six months, dipping more than 50%. Hence, the recent pullback is quite intriguing. Source: Jarretera / Shutterstock.com However, it trades at 3.79 times forward sales, which is pricey despite Tilray’s encouraging performance in the past year. Tilray is one of the largest marijuana

Meme stocks have been a dominant retail investor phenomenon polarizing the markets in 2021. And love them or hate them, meme stocks persist. Pundits have long speculated that the bottom will fall out of the overall movement. But that hasn’t happened yet — and it simply may never happen.  The truth is that demand buoys

Shares of MicroVision (NASDAQ:MVIS), a technology company developing lidar sensors primarily for the automotive industry supporting autonomous driving applications, have had an interesting 2021. So far, MVIS stock reached meme stock status, hit a 52-week high of $28 a share, and crashed to a current price of $6.02, as of Dec. 16. Source: temp-64GTX/Shutterstock.com Looking

I have been deeply skeptical of ContextLogic (NASDAQ:WISH) stock, as you might have guessed if you read my last article about WISH stock on June 18. Source: sdx15 / Shutterstock.com The title of that article, “Wish Stock Is Cheap, But Not a Bargain,” displayed my belief that WISH stock was not going to rise anytime

Investors generally look at a company’s business prospects, its sector, and the general macroeconomic outlook in deciding whether or not to own an investment. That’s with good reason. However, it’d be a mistake to overlook company CEOs, as well. Sometimes, even a business that is seemingly in the right place at the right time will

Disciplined investors who avoid political and country risks would not look at Alibaba (NYSE:BABA). The crackdown on technology companies is hurting the e-commerce giant. The U.S./China trade war, which began during the last U.S. administration and is continuing through President Joe Biden’s administration, is not helping BABA stock. Source: testing / Shutterstock.com China ordered Didi

Canoo (NASDAQ:GOEV) has been a volatile EV stock in 2021. It’s rallying in November, but GOEV was declining in March and April. It’s seen gains of about 38% in the past 3 months, but it’s down about 52% over the past 12 months. Source: shutterstock.com/rafapress The volatility isn’t just news-driven, as it should be, but also