Stocks to sell

I’ve long been a skeptic of Beyond Meat (NASDAQ:BYND). Why? A variety of reasons. Many see BYND stock as a secular growth story. But, between my concerns that “plant-based meat” is a fad, and the risk of competition limiting is its growth, I don’t see it as a great opportunity. Source: Sundry Photography / Shutterstock.com

Over the last few weeks, the shares of Luckin Coffee (OTCMKTS:LKNCY) have been hot. In fact, since Sept., Luckin stock has soared from a low of $2.27 to $5.05 as of Friday’s close. If it can break above its double-top resistance at $6.23, it could run higher. Source: Keitma / Shutterstock.com There’s no compelling reason

The last (and only) time I wrote about Westwater Resources (NASDAQ:WWR) was approximately three weeks ago. Regardless of a recent executive order from President Donald Trump, which was intended to reduce the country’s reliance on foreign suppliers of critical minerals such as graphite, I couldn’t recommend WWR stock except for the most speculative investors. Source:

2020 has meant a perfect storm of headwinds for Exxon Mobil (NYSE:XOM). First, of course, the novel coronavirus pandemic. I don’t have to tell you why the virus, and the resultant “stay at home economy,” has decimated demand for crude oil. In turn, it has also meant big losses for XOM stock. Source: Jonathan Weiss

2020 has seen investors chase some strange stocks, but Luckin Coffee (OTCMKTS:LKNCY) might be at the top of the list. Luckin disclosed one of the most brazen frauds in history, leading its stock to plunge. But since the disclosure, investors have piled in: Luckin stock now has nearly quadrupled from late June lows. Source: abolukbas

Hertz Global Holdings (OTCMKTS:HTZGQ) is now trading on the “pink sheets” as an unlisted security. On Oct. 30, the New York Stock Exchange filed SEC Form 25 and kicked Hertz stock off of the NYSE with immediate effect. Source: Eric Glenn/Shutterstock.com This is an indication that Hertz stock has virtually no value and no one

After Apple (NASDAQ:AAPL) received a boost from the work-at-home trend in its quarter that ended in June, AAPL stock appears to have reverted to form last quarter, with one exception. Source: dennizn / Shutterstock.com The company’s China business, in-line with my previous warnings, sharply contracted, indicating that the hardware giant could have a big, ongoing

Electric vehicle (EV) makers have been in demand this year, Nikola (NASDAQ:NKLA) included. However, Nikola stock has fallen out of favor with investors, just as it should. Even with the stock’s major decline, it’s still one to avoid.  Source: Stephanie L Sanchez / Shutterstock.com Nikola has a potentially big contract with General Motors (NYSE:GM) hanging

Heading into the 2020 election, incumbent President Donald Trump and former Vice President Joe Biden came in with very different policy plans when it came to energy. And that disparity has had companies like BP (NYSE:BP) awaiting the results with bated breath. As a vertically integrated organization operating in every area of the oil and

I like the enthusiasm and I like the story of the electric vehicle mounting an assault against internal combustion engines. ICE cars are still the norm but thanks to Tesla (NASDAQ:TSLA), the battle is on. Nio (NYSE:NIO) is a smaller soldier in it and it’s doing its part. TSLA has the early mover advantage and

Are we reaching a “buy the dip” moment for Hyliion (NYSE:HYLN)? Not so fast. Sure, after tumbling massively in recent weeks, we may be reaching a bottom in Hyliion stock. Source: Shutterstock But, shares offer exposure to the EV megatrend, there’s no guarantee this particular play is going to crush it in the coming years.

Although Kaixin (NASDAQ:KXIN), which has operated used-car dealerships in China, has some potential positive macro catalysts, KXIN stock is extremely puzzling and difficult to analyze at this point. Source: lumen-digital / Shutterstock.com In addition to operating dealerships, Kaixin has sold vehicles online and provided financing for auto purchases. The shares surged about 1,400% in five

The story of Eastman Kodak Co. (NYSE:KODK) reads like a poor imitation of a Stephen King novel. In this case, though, the tale is non-fiction, and man is it a dud. Under the company’s leadership, KODK stock has become a penny-stock tenant. Source: Katherine Welles / Shutterstock.com That’s not a good place to be. Traders

When publicly traded companies get in big trouble, the problems don’t necessarily blow over once there’s a changing of the guard. Witness Wells Fargo (NYSE:WFC), which still hasn’t reclaimed investor confidence following the 2016 account fraud scandal that took out CEO John Stumpf and community banking head Carrie Tolstedt. Fast forward to 2020 and even

Kaixin Auto Holdings (NASDAQ:KXIN) announced Nov. 5 that it’s merging with Haitaoche, a Chinese company that operates an e-commerce platform for imported automobiles. Very few details were given other than Haitaoche shareholders will end up owning 51% of KXIN stock.  Source: lumen-digital / Shutterstock.com As I write this, Kaixin’s stock is up 35% in mid-day

Investors with a strong love of adventure often aren’t adventurous with their money. But, if you enjoy playing with your money, then you’d likely be comfortable with betting on the shares of  Virgin Galactic (NYSE:SPCE). For everyone else, there are better investments than SPCE stock. Source: Tun Pichitanon / Shutterstock.com I know that’s resisting the

Just hours before Halloween, hapless investors in Hertz (OTCMKTS:HTZGQ) got the rudest of awakenings, not that it was a shocker. On Oct. 30, the New York Stock Exchange delisted Hertz stock, which had traded there since 1954. And the once mighty rental car colossus — which fetched more than $100 per share as recently as

Although the new normal created some amazing trades this year, you can’t defy fundamental realities forever. That’s really the defining takeaway when you look at Hertz Global (OTCMKTS:HTZGQ). Source: aureliefrance / Shutterstock.com Even before the pandemic, Hertz stock has been a frustrating investment at best over the past few years. Now, with so much geopolitical

No, this isn’t 1995. Yet Eastman Kodak (NYSE:KODK) has become somewhat relevant once again. However, Kodak stock isn’t in the news as a camera company or in cloud-management for photos. Instead, it’s for its role against the novel coronavirus. Source: Katherine Welles / Shutterstock.com It makes very little sense, right?  Long story short, Kodak stock

Just as the world resumed life after past pandemics, things will eventually go back to normal. The novel coronavirus will fade into history. As that transition occurs, many companies that are currently benefiting from the work-from-home trend will start to lose revenue. Investors will become much less enchanted by these work-from-home stocks. And with multiple