Stocks to sell

Editor’s note: This article was updated on June 10, 2021, to correct the year the Lucid Air is expected to release. Among the many publicly traded, electric vehicle startups, Lucid Motor appears to be firmly in the middle of the pack. That situation, along with the still-high valuation of Churchill Capital Corp IV (NYSE:CCIV) stock,

Despite intense competition and the easing of the COVID pandemic restrictions, Zoom Video Communications (NASDAQ:ZM) is still zooming. ZM stock? Not so much. Zoom’s first fiscal quarter (April) results justified all the past faith that investors put into it. The company earned $227 million, 74 cents per share fully diluted, on revenue of $947 million.

The CEO of AMC (NYSE:AMC) recently argued that the company was helping its current shareholders by selling more shares of AMC stock. Source: Helen89 / Shutterstock.com “If I was a shareholder, I’d be more concerned that we don’t have shares available to us because I think shares are a very powerful tool to do good

If you’re a spiritually-minded person perhaps you can send up thoughts and prayers for people who own Workhorse Group (NYSE:WKHS) stock. Source: rblfmr / Shutterstock.com The company has limited revenue and even more limited prospects for the same. It faces scalability concerns in a sector with growing competition, and yet there are diamond hands within the

InvestorPlace columnist Brenden Rearick recently discussed Castor Maritime’s (NASDAQ:CTRM) first profitable quarter since 2019. Interestingly, despite the positive results, CTRM stock fell on the news.  Source: Pavel Kapysh / Shutterstock.com Rearick points out that the company is ready to take advantage of the “strong demand for dry bulk transportation services” with 18 dry bulk carriers

Biogen (NASDAQ:BIIB) stock ripped higher this week on approval of its Alzheimer’s drug, Aduhelm. Source: PictureDesignSwiss / Shutterstock.com Analysts seemed taken with Biogen’s proposed pricing, $56,000 per year. It’s based on the cost of Alzheimer’s in lost life and nursing care. A scientific panel refused to endorse the drug last year. The panel voted 8-1

Naked Brand (NASDAQ:NAKD) released its latest prospectus on May 18 showing that the company now has roughly 813.8 million shares outstanding. This allows us to calculate its actual market value. Currently, NAKD has a market cap of $626 million at yesterday’s price of 77 cents for NAKD stock. As a result, the stock looks to be

There are multiple reasons to be bearish on Canoo (NASDAQ:GOEV) stock. And there are a lot of reasons to believe Canoo will lag behind the broader electric vehicle market for the foreseeable future as well. I’ll get into those too. Source: Shutterstock But one of the most current and powerful forces that will keep GOEV

Excitement over its move into lidar sent MicroVision (NASDAQ:MVIS) stock parabolic back in April, but it didn’t last wrong. As the “meme stock” hype around it faded a bit, shares have fallen back to around $14 per share, down from prices above $25 per share. Source: Shutterstock With around 21.5% of its outstanding float sold

As someone who’s been very bearish on fuboTV (NYSE:FUBO) stock, I admit that Fubo’s first-quarter results came in way above my expectations. Source: monticello / Shutterstock.com Still, I remain doubtful about whether Fubo’s service will ever be appealing to the vast majority of consumers. And I think that the company’s extraordinarily high marketing and content

In my last write-up for Lordstown Motors (NASDAQ:RIDE) stock, I suggested that the company may be overvalued based on economic metrics. Source: Postmodern Studio / Shutterstock.com Specifically, unemployment trends for the construction industry were more negative than the national trend, which suggested that commercial fleet owners would not be willing to open their wallets. Naturally,

As we race out of the global pandemic, is there still a need for the Covid-19 vaccine being developed by biopharmaceutical company Ocugen (NASDAQ:OCGN)? And what does that mean for OCGN stock? Source: Shutterstock The Malvern, Pennsylvania-based company’s share price has largely been propped up in recent months on excitement related to its proposed vaccine

Turn on business news and chances are, you’ll find more pundits talking about how the craziness in the broader investment market will continue inching forward. But at some point, everybody has to at least start considering stocks to sell. Simply put, the arena is full of both bulls and bears. And the latter may be

AMC Entertainment (NYSE:AMC) has become famous for its “meme stock” presence. In other words, AMC stock and others have become the go-to short-squeeze names and have become well-known favorites among Reddit traders.  Source: rblfmr/Shutterstock.com Earlier this year, we saw an incredible development. Massive short-squeezes across the board had algos, retail traders and others looking to

Virgin Galactic (NYSE:SPCE) is going  on a very dangerous journey over the next 12 to 18 months. Amid multiple signs that SPCE stock could very well continue to crash during this trip, I continue to recommend that investors find a way to disembark from Virgin. Source: Christopher Penler / Shutterstock.com More specifically, past technical issues,

One of my main concerns about Palantir (NYSE: PLTR) stock has been somewhat addressed, at least for the time being. My other major concern about the company is still very much in play. Source: Ascannio / Shutterstock.com I’m no longer extremely worried about the company’s growth in the wake of Palantir’s first-quarter results, but I’m

Special purpose acquisition company (SPAC) deals that looked great in February now look very dicey. Like the effort by Churchill Capital IV (NASDAQ:CCIV) to buy electric car maker Lucid Motors and become LCID. The CCIV stock story highlights the risks in the SPAC phenomenon. Source: Dmitry Demidovich/ShutterStock.com First, you don’t know the merger target. Once

Early investors in Ocugen (NASDAQ:OCGN) stock have plenty to celebrate. Over the past year, OCGN stock is up over 2,600%. Put another way, the proverbial $1,000 invested in OCGN in May last year would now be worth around $27,000. It is hard to argue with that kind of success. Source: Shutterstock Ocugen was formerly known as

Shares of Space tourism company Virgin Galactic Holdings (NYSE:SPCE) have taken a hammering in the past few months. SPCE stock is down a massive 38% in the past three months. Several red flags have emerged with the company, including insider selling, test-flight schedule delays and some aggressive moves by its competition. These elements have added

Tilray (NASDAQ:TLRY) shareholders will vote on the all-stock merger with Aphria (NASDAQ:APHA)  on April 30. Aphria shareholders will receive 0.8381 shares of TLRY stock for every one share of APHA stock they own. Source: Jarretera / Shutterstock.com Aphria’s shareholders have already voted and approved the merger on April 15. There’s no reason to believe that