Stocks to sell

[Editor’s note: “After 70% Rebound, It’s Time to Ditch Chevron Stock” was originally published April 6. It has since been updated to reflect the most relevant information available.] Source: Jeff Whyte / Shutterstock.com What’s next for Chevron (NYSE:CVX)? Like its major oil company peers, Chevron stock has been hammered thanks to record low energy prices,

From a purely technical perspective, traders might think that Uber (NYSE:UBER) is doing just fine. This outlook is understandable since the price of Uber stock has recovered nicely from March’s low point. Source: Proxima Studio / Shutterstock.com The problem here is that price action doesn’t necessarily tell the full story. You’ll need to step away

I saw an article the other day about Peloton (NASDAQ:PTON) that examined whether  Peloton stock is a better buy than Nike (NYSE:NKE).  Source: Sundry Photography / Shutterstock.com I’ll be the first to admit that I was never very bullish on Peloton. To me, it seemed like a fancy, techie version of the age-old fitness bike.

Penn National Gaming (NASDAQ:PENN) has benefited greatly over the past week from the move to reopen the country. As the company’s 41 gaming and racing properties in 19 states have started to open their doors to gamblers, PENN stock has gone through the roof. Source: Jeffrey J Coleman / Shutterstock.com Up 62% in five days

Last December, Rite Aid (NYSE:RAD) proved its skeptics wrong. RAD stock rallied from the single digits to prices above $20 per share. But, in the months since, the pharmacy chain has bounced around between $12 and $15 per share. However, holding steady isn’t too shabby, considering the performance of many stocks so far in 2020.

Virgin Galactic (NYSE:SPCE) is a good news, bad news story. And it’s important to note that the company is reporting some good news. But right now, there’s some bad news too. And all of that is serving as an anchor on SPCE stock. Source: Tun Pichitanon / Shutterstock.com First the good news. Virgin Orbit, a

Typically, I like to find unique angles regarding today’s hot investment topics. But for beleaguered Chesapeake Energy (NYSE:CHK), I don’t have anything original to offer. No matter what your perspective, you can’t ignore the dire situation the energy firm finds itself in. Even if you’re taking the speculative bullish position – which of course very

When the novel coronavirus pandemic first escaped the borders of Hubei province, China, the broader travel industry took the brunt of the damage. However, recent photos of packed airliners suggest that the travel industry is back. Is this a sign that it’s time to invest in Southwest Airlines (NYSE:LUV) and LUV stock? Source: Ryan Fletcher

Chesapeake Energy (NYSE:CHK) announced May 8 that it would prepay $25 million in compensation to 21 of the company’s named executive officers and vice presidents. If you’ve owned CHK stock for a lengthy period, this is the latest in a series of moves by the company that helps explain why it’s on the precipice of

A number of industries have been absolutely pummeled by the novel coronavirus pandemic. With the exception of cruise lines, few have taken it on the chin the way airlines have. International and domestic air travel has plummeted, and the future of air travel looks far from promising. American Airlines (NASDAQ:AAL) shares have dropped by as

Exxon Mobil (NYSE:XOM) stock is an interesting, arguably fragile place at the moment. For active traders zeroing in on the narrowest of time frames, it’s hard to ignore that the largest U.S. oil company jumped nearly 8% on May 18. Source: Jonathan Weiss / Shutterstock.com Likewise, it would be prudent to not tempt fate and

Virgin Galactic (NYSE:SPCE) missed all analyst estimates for the first quarter. It posted a larger-than-expected loss of $60 million, and revenues are down 87% year-over-year. The report featured a modest gross profit of just $65,000. Despite all that, SPCE stock surged 7.2%. Source: Christopher Penler / Shutterstock.com The good news for the company is that

The very fact that Virgin Galactic Holdings (NYSE:SPCE) is the first and only listed company to focus on commercial human spaceflight is enough to generate tremendous investor interest. After the public offering and listing, SPCE stock did skyrocket to $42.5. Source: Tun Pichitanon / Shutterstock.com However, as the initial investor exuberance declined, the stock has

General Electric (NYSE:GE) stock closed May 15 at $5.49 per share, a 29-year low for the American multinational conglomerate. Not since December 1991 has the company recorded such a low share price. That was back when George H.W. Bush was still in office, and Father of the Bride was running in theaters. Source: testing /

American Airlines (NASDAQ:AAL) is still suffering greatly from the lack of travel by U.S. consumers. Since I last wrote about AAL stock on May 4, shares have fallen even more. Nothing has changed that makes me believe the stock has any chance of recovering soon. Source: GagliardiPhotography / Shutterstock.com In fact, I believe that there

Like almost all industries, oil and energy have suffered during the coronavirus pandemic. BP (NYSE:BP) has been subject to this downturn along with all of Big Oil. The double-whammy of the Russia-Saudi price war and oil demand bottoming out has dealt energy a proportionally larger blow than most industries. BP stock has suffered, but out

Shopify’s (NYSE:SHOP) first-quarter results indicated that the company could have significant problems looming. Meanwhile, the valuation of Shopify stock remains way too high, given its declining profitability and meaningful competition. Source: Paul McKinnon / Shutterstock.com Warning Signs There was a great deal to like about the company’s Q1 results, as its total revenue soared 47%

Netflix (NASDAQ:NFLX) has been surging since the outbreak of the Covid-19 pandemic. NFLX stock is up nearly 50% since the market sell-off in mid-March. Source: Riccosta / Shutterstock.com The company’s streaming service is getting a (hopefully) once-in-a-lifetime opportunity. It seems that even consumers who held out from the streaming service are giving Netflix a try,

Given the tough challenges that Starbucks (NASDAQ: SBUX) faces, SBUX stock looks meaningfully overvalued at this point. Source: Grand Warszawski / Shutterstock.com The Recession and Social Distancing One obvious headwind that Starbucks has to cope with is the recession. Although, as I’ve pointed out previously, the vast majority of high-income individuals have kept their positions

J.C. Penney (NYSE:JCP) continues to fight for its life, but that doesn’t mean investors have to get long on JCP stock. Source: Supannee_Hickman / Shutterstock.com The novel coronavirus has hampered the retail sector, as well as many other industries and sectors. However, retail in particular is feeling the pinch — and perhaps that’s because many