Stocks to sell

Tech stocks have emerged as winners of the stock market for the first two decades of the 21st century. One would suspect that the trend should continue into the third, considering how the sector has grown over the years. With the growing influence of technology in different industries, tech stocks have evolved from being mere
0 Comments
With novel coronavirus lockdowns easing, Activision Blizzard’s (NASDAQ:ATVI) second- and third-quarter growth may disappoint some investors. As a result, Activision Blizzard stock could retreat meaningfully following its second-quarter results. Source: Lauren Elisabeth / Shutterstock.com Activision is due to report its Q2 results on Aug. 4. Activision Rallied Amid Widespread Bullishness The market seems to be
0 Comments
For anyone that has lived through the Great Recession – or watched the film The Big Short – the words leverage and mortgages in combination tends to at least raise eyebrows, if not send involuntary shudders. And sure enough, MFA Financial (NYSE:MFA), which specializes in leveraged mortgage-backed securities, has been one of the worst-hit companies
0 Comments
DocuSign (NASDAQ:DOCU) stock has been on fire in 2020 amid surging demand for digital contract management solutions, with DocuSign up more than 160% year-to-date. Source: Sundry Photography / Shutterstock.com Wall Street’s love affair with this work from home favorite, however, is overdone. DocuSign is a great company. But DOCU stock is significantly overvalued at current
0 Comments
As of June 29, Beijing-based coffee retailer Luckin Coffee (OTCMKTS:LKNCY) got delisted from the NASDAQ Exchange. Now, Luckin stock is a penny stock that may also be a bankruptcy-candidate. Source: Keitma / Shutterstock.com There has recently been increased day trading interest in shares of potentially bankrupt companies, such as Hertz Global (NYSE:HTZ), JCPenney (OTCMKTS:JCPNQ), and Whiting Petroleum (NYSE:WLL).
0 Comments
Carnival’s (NYSE: CCL) fiscal second-quarter earnings fell short of investor expectations by a wide margin. Analysts, on average, were expecting a net loss of $1.76 per share on $737.8 million of revenue.  On June 18, Carnival reported a net loss of $3.30 per share on $700 million of revenue. Since the announcement CCL stock has shed
0 Comments
Occidental Petroleum (NYSE:OXY) continues to follow the basic track of other oil stocks. In early June, I could understand investors taking a flyer on OXY stock. After all, initial concerns about the company’s liquidity appear to be unfounded. Source: Pavel Kapysh / Shutterstock.com And so, in some ways, it makes sense that the stock would
0 Comments
Kohl’s (NYSE:KSS) and Kohl’s stock don’t look like winners in the short term or the long term. The retailer just doesn’t appear to have what it takes to succeed during the novel coronavirus crisis in particular or the e-commerce revolution in general. Source: Sundry Photography/Shutterstock.com For retailers with hundreds of brick-and-mortar stores to thrive in
0 Comments