Stocks to sell

Carnival Corp. (NYSE:CCL) is making intelligent moves in response to novel coronavirus pandemic. The company is selling ships, cutting costs, and streamlining operations, but investors are still skeptical of investing in CCL stock. Source: Ruth Peterkin / Shutterstock.com We are still a long way away from seeing volumes return to pre-pandemic levels. Cruise lines served

Bank stocks have been one of the year’s worst-performing sectors. The median U.S. banking stock is down close to 30% on the year, and many international banks are posting similarly poor performance. The novel coronavirus has done a number on bank earnings. There’s obviously the rising risk of loan losses as consumers and businesses deal

Like its peers, the performance of American Airlines (NASDAQ:AAL) stock is largely determined  by news involving the novel coronavirus. Source: GagliardiPhotography / Shutterstock.com The shares underwent a peak-to-trough decline of more than 76% when the Covid-19 shutdown went into effect in the U.S., then more than doubled in the wake of the reopenings. But the

At a glance, the roughly 10% rally of General Electric (NYSE:GE) stock over the last month looks attractive. But that’s hardly the case. In fact, while many investors have had luck bottom-fishing in the stock market, GE may very well be one to avoid.  The company has a lousy chart, poor fundamentals and exposure to

The most important business of Brazil-based mining company Vale (NYSE:VALE) is iron ore, and the outlook for the rocks is bright. But the fact that most of the company’s mines are in Brazil, which is being very hard hit by the novel coronavirus at this point and is currently in the midst of winter, makes

San Diego-based Sorrento Therapeutics (NASDAQ:SRNE) has become one of the hottest biopharmaceutical companies investors are watching in the rush to find a cure for the novel coronavirus. So far in the year, SRNE stock is up around 130%. Source: luchschenF / Shutterstock.com However, that number tells only half the story. In mid-March, Sorrento shares hit a

Inovio Pharmaceuticals (NASDAQ:INO) is a contender in the hyper-competitive field to develop a novel coronavirus vaccine, but with the company falling behind rivals, INO stock is risky. Source: Ascannio / Shutterstock.com INO stock is up a staggering 719.70% this year, as of July 22. Under normal circumstances, a move like that in the span of

General Electric (NYSE:GE) was struggling going into the novel coronavirus outbreak and it’s struggling amid the pandemic. Is that a good enough explanation as to why to avoid it? Likely not. GE stock remains 46% below its February high, while falling almost 60% from peak to trough. Source: Sundry Photography / Shutterstock.com Based on just

Initially, many optimists viewed Luckin Coffee (OTCMKTS:LKNCY) as China’s answer to Starbucks (NASDAQ:SBUX). Certainly, it was a bold move as China is not exactly what you call a coffee-drinking culture. Nevertheless, Luckin stock enjoyed a remarkable performance, particularly when relations between the U.S. and China improved following bitter escalations of their trade war. Then, everything

Earlier last week, Nvidia (NASDAQ:NVDA) briefly eclipsed Intel’s (NASDAQ:INTC) market capitalization of $260 billion. How could a company with 15% of Intel’s revenue and 13% of the operating income share the same market value? NVDA stock insiders didn’t care to ask. Since the end of March, insiders have unloaded over $97 million in shares, compared

Hovering nicely above 52-week lows, American Airlines (NASDAQ:AAL) is at elevated risks of falling if short-sellers have their way. AAL stock has a short float of about 34.4%. Bears are betting that the airline will not stem losses fast enough to stay in business. Source: GagliardiPhotography / Shutterstock.com With more than 4.3 million positive tests

The clean energy revolution has arrived, and investors are gobbling up clean energy stocks left and right, often times without regard for valuation. This emerging dynamic has left many obscure, clean energy stocks – who have gotten caught up in the hype – trading in severely overvalued territory. One such overvalued, over-hyped clean energy stock is

Simple math highlights the case for Carnival (NYSE:CCL, NYSE:CUK). CCL stock is down 70% so far in 2020. What would happen if the stock could recapture those losses? Source: Ruth Peterkin / Shutterstock.com Well, shares would gain about 230%. If it takes a full decade, shares rally an impressive 13% annually for those ten years.

I’ve been very bearish on Apple (NASDAQ:AAPL) stock for a very long time. And, judging by the company’s stock price, my predictions about Apple could not have been more wrong. But, as I’ve pointed out in the past, from a fundamental standpoint, I’ve been more right than wrong. Source: View Apart / Shutterstock.com In line

In late June, after weeks of speculation,  Chesapeake Energy (OTCMKTS:CHKAQ) finally officially filed for Chapter 11 bankruptcy, which allows a company to operate and work out deals with creditors while effectively wiping out common equity holders. Things don’t look great for CHK stock.  Source: IgorGolovniov / Shutterstock.com On June 29, the New York Stock Exchange (NYSE) suspended the

The shares of Peloton (NASDAQ:PTON) have been on fire in 2020. This year, PTON stock has more than doubled as the Covid-19 pandemic has supercharged demand for the company’s premium, at-home fitness equipment and services. Source: Sundry Photography / Shutterstock.com In financial markets, it’s important to remember that momentum is a real thing. Stock which

Casino owner MGM Resorts (NYSE:MGM) is expected to release earnings on July 30. Year-to-date, MGM stock is down more than 45%. Source: Michael Neil Thomas / Shutterstock.com According to the American Gaming Association (AGA), as of the end of March, all 989 commercial and tribal casinos nationwide had closed their doors. As I write, only 148

Shares of artificial intelligence company Remark Holdings (NASDAQ:MARK) are on a fantastic bull run, as MARK stock is up almost 200% year-to-date. But I believe the momentum will lose steam as we move further along the road to recovery. Source: Angyalosi Beata / Shutterstock.com The reason for the exponential rise is down to Remark’s touch-free

I have to admit, there’s something to be said for Luckin Coffee (OTCMKTS:LKNCY). The company has had an accounting scandal involving millions of fraudulent transactions. That scandal caused the removal of its CEO. As a bonus, Luckin stock dropped so low it was delisted. Source: Keitma / Shutterstock.com And yet, like a phoenix rising from

This year is turning into the year of the shale company bust with Whiting Petroleum (NYSE:WLL) standing as a prime example of that ominous trend. Year-to-date, WLL stock is down an astounding 85.15%. If that’s not enough to keep investors, perhaps the following ought to be: in April, the Colorado-based company filed for Chapter 11