Stocks to sell

Less than seven weeks after  Hertz Global Holdings (NYSE:HTZ) filed bankruptcy, HTZ stock is still trading. Not only are those bankrupt shares still changing hands, but in huge volumes, driving the stock price as high as $5.53 on June 8. Why? Source: Eric Glenn/Shutterstock.com I sort of understand why traders might like to speculate on

In contradiction to everything that conventional wisdom represents, Whiting Petroleum (NYSE:WLL) has become a target of traders seeking fast action and quick gains. The daily trading volume on WLL stock would suggest, if we didn’t know any better, that there’s a bright future in store for this once-promising shale company. Source: Shutterstock But let’s not

In a cascading wave of negative impact, the novel coronavirus battered the American economy and wreaked havoc on the steel industry, in particular. One undeniable victim of this fiscal domino effect was United States Steel (NYSE:X), commonly known as U.S. Steel. As a result, X stockholders have struggled to get back to the break-even point this

It seems like Rite Aid (NYSE:RAD) finally is headed in the right direction. New management has re-inspired investor confidence and fiscal first quarter results from last month looked impressive. As a result, RAD stock has soared, more than tripling from August lows. Source: Jonathan Weiss / Shutterstock.com Despite that good news, I’m not quite convinced.

With the markets generally moving in a positive direction following the devastation of the novel coronavirus, investors who feel they missed the initial boat are looking for underappreciated opportunities. One name that has caught contrarian eyes is General Electric (NYSE:GE). Steeply impacted due to the disproportionate hit on the travel industry, GE stock is attractive

After years of flirting with bankruptcy, it appears that the time has come for retail giant J.C. Penney (NYSE:JCP). Given the massive uncertainty at this time, its best for current shareholders to dump JCP stock and get whatever value they can at this time. Source: Supannee_Hickman / Shutterstock.com The company has continued on a downward

Many shares have come off their March lows to hit recent highs. However there are exceptions, such as Xerox (NYSE:XRX). Xerox stock currently hovers around $15.15 and slowly inching down to its 52-week low of $14.22 seen on May 14. Year-to-date, the stock is down 60%. Source: BalkansCat / Shutterstock.com Today I’ll take a closer look

Advanced Micro Devices (NASDAQ:AMD) stock rode out the novel coronavirus. But, after seeing shares rebound from their March sell-off lows, what’s next for the CPU and GPU powerhouse? Right now, shares hold steady between $50 and $55 per share. Yet, what factors could move the needle? Conversely, what risks could send shares lower? Source: Joseph

In early June, it appeared all the tumblers were coming into place for General Electric (NYSE:GE). After over a year of cost cutting and streamlining, the company looked like things might be turning around. In the first five trading days of June, GE stock climbed over 25%, nearly in lockstep with Boeing (NYSE:BA) stock. Source:

Well, that was fun. That was my reaction to a quick spin around the Naked Brand Group (NASDAQ:NAKD) website. But a deeper dive made me realize that this is not a company that’s in it for the long haul, and by the look of the NAKD stock, it may not be in business for much

Beyond Meat (NASDAQ:BYND) is a special case. Although BYND stock is a food stock, it trades like a tech stock. Source: Sundry Photography / Shutterstock.com I wrote in June it was priced well beyond fundamentals. It still is. This is despite two sharp plunges that have it trading 17% below its June 11 price. Beyond

You don’t need any special skill sets to recognize the dire picture for Carnival (NYSE:CCL). Recently, S&P Global Ratings downgraded the cruise ship operator’s long-term credit rating by three levels to BB-. This cut comes after Moody’s Investors Services rated the company as “junk.” Naturally, this leaves CCL stock in quite a predicament. Source: Ruth

The writing has been on the wall for quite some time for Chesapeake Energy (NYSE:CHK) stock. Over the last few weeks, the company underwent a 200:1 reverse stock split. It was drowning in $9 billion in debt. Then, weeks later it told the U.S. regulators there was “substantial doubt about the company’s ability to continue as

If you’re in upper management at United Airlines (NASDAQ:UAL), U.S. Surgeon General Dr. Jerome Adams probably doesn’t rank among your favorite people in government. It was his exasperated plea to the public not to buy masks that resulted in a concerted public campaign effort to save protective equipment for healthcare professionals. But subsequent confusion about

As one of the strangest states in our country, Florida is known for many things. Personally, when I think of the Sunshine State – which is not much at all – alligators are about the only thing that comes to mind. Of course, I’m being facetious. Every four years, it plays a pivotal role as

The last time I weighed in on American Airlines (NASDAQ:AAL) stock and its peers,  I said, “The party is over for airlines, especially with ‘second wave’ coronavirus fears making the rounds.” Source: GagliardiPhotography / Shutterstock.com That was on June 11. And, unfortunately, I was right. Most of the top airlines have just begun to fall

Virgin Galactic (NYSE:SPCE) seems to be in the business of making news. For example, the company is pointing to increased demand for space travel even though they still seem years away from putting those individuals in flight. However, that doesn’t seem to be deterring investors from buying SPCE stock. In fact, the stock is up

I would not touch XpresSpa (NASDAQ:XSPA) stock with a ten-foot pole. I rarely say that or anything similar about a stock, but XSPA stock is truly in a unique situation. Source: Cryptographer / Shutterstock.com Before this year, the company specialized in providing massages and facials at airports. Now has decided to start offering tests for

Lyft (NASDAQ:LYFT) stock is one of two names, along with Uber (NYSE:UBER), which dominate the ride-share sector. Pundits consider Lyft to be the ‘pure-play’ between the two as it is solely focused on transporting people. Some analysts point to this as being a factor for choosing to invest in shares of Lyft over Uber. However,

I’ve drawn the Ford (NYSE:F) straw today. The last time I wrote about F stock was in May. At that time, I argued that because it has so much cash per share, it provides aggressive investors with an interesting bet. A lottery ticket, if you will. Source: Art Konovalov / Shutterstock.com Just a few days