Stocks to sell

Small-cap healthcare company Co-Diagnostics (NASDAQ:CODX) had a fantastic run in recent weeks. But it appears that the good times have come to a decisive end. CODX stock dropped more than 5% Thursday during the regular trading session, and it has fallen another 7% in early morning trading. Source: Shutterstock That’s because, on Thursday, Co-Diagnostics suffered

The airline industry revenue has collapsed due to the novel coronavirus pandemic. While I am positive on a few names in the industry, American Airlines (NASDAQ:AAL) is one company I would avoid. AAL stock has plummeted by 72% from 52-week highs and currently trades at $9.65. Even after this big downside, the stock remains unattractive.

The shares of the major U.S. airlines continue to sink. For the past week, airlines have hit new lows almost every day, and Delta (NYSE:DAL) stock is following the trend. DAL is down 10% in the last week and is below $20 for the first time since 2013. Source: Markus Mainka / Shutterstock.com As you

Federal Reserve Chairman Jerome Powell made prepared remarks on May 13 that suggested the economy is not about to bail out General Electric (NYSE:GE). If you own GE stock, I’d be very worried your investment is dead money until sometime in 2021, maybe longer.  Source: Sundry Photography / Shutterstock.com Among the things Powell said in

Like its gaming brethren, MGM Resorts (NYSE:MGM) is suffering due to the novel coronavirus pandemic this year. While MGM stock has nearly doubled off its March lows, it’s going to take a while, probably years, for it to get back to its previous levels. Source: Michael Neil Thomas / Shutterstock.com Actually, the MGM recovery could

The story with Salesforce (NYSE:CRM) isn’t all bad. The company has multiple strong products, and it has a high level of recurring revenue. Moreover, its acquisitions have improved its existing products, and it should be able to use the current economic downturn to make new acquisitions cheaply. Source: Bjorn Bakstad / Shutterstock.com But on the

To no one’s surprise, video game publisher Activision (NASDAQ:ATVI) has been red hot amid the novel coronavirus pandemic. Year-to-date, Activision Blizzard stock is up nearly 25%, as locked up consumers under stay-at-home orders have spent more time and money on video games over the past few months than ever before. Source: Eric Broder Van Dyke/Shutterstock.com

Carnival Cruise Lines (NYSE:CCL) has been one of the biggest gainers in the entertainment and travel space in recent weeks. Sure, CCL stock is still down sharply since before the novel coronavirus began. However, since the March lows, Carnival’s stock has soared from a low of around $8 back to almost $14 now. That’s a

Few sectors of the economy have maintained their composure amid the spread of the novel coronavirus. And with travel volumes at multi-year lows, the airline industry has suffered major setbacks. Consequently, some shareholders have lost patience with United Airlines (NASDAQ:UAL) stock. Source: travelview / Shutterstock.com This is the type of situation in which monitoring every

Marathon Oil (NYSE:MRO) just cut its dividend during its first-quarter earnings announcement on May 6. That is not good for MRO stock in the long run. I was wrong about this — I thought that it had enough cash flow to cover the dividend. Source: IgorGolovniov / Shutterstock.com Marathon Oil said it was temporarily suspending

The plight surrounding Royal Caribbean Cruises (NYSE:RCL) reminds me of car dealerships’ go-to sales pitch, but in reverse. During negotiations, salespeople will often remark that their customers are really hurting them to convince them that they’re getting the better end of the deal (they’re not). Here, the cruise line is trying to convince investors that

In recent months, pundits and reporters have focused on the obvious hits that Disney (NYSE:DIS) is taking as a result of the new coronavirus. And indeed, the fact that the company’s parks have been closed while movie theaters have been shuttered has meaningfully hurt Disney stock. Source: Ivan Marc / Shutterstock.com But the media appears

Shares of Facebook (NASDAQ:FB) gained 10% after the tech giant announced better than expected first-quarter results on April 29. FB stock has now made up all the ground it lost since the beginning of the year. Source: rvlsoft / Shutterstock.com With people sheltered at home, user engagement numbers soared, as daily active users grew at an

Is Southwest Airlines (NYSE:LUV) stock a good “bottom-fishing” opportunity? That depends. Sure, it’s stronger than its rivals. But that may not be enough. Source: Carlos E. Santa Maria / Shutterstock.com We may have made progress on overcoming the novel coronavirus pandemic. Yet, air travel could remain in the dog house for quite some time. As

[Editor’s Note: “Sell Moderna (MRNA) Stock as Covid-19 Catalyst Inflates Valuation” was originally published April 2, 2020. It is regularly updated to include the most relevant information.] Source: Shutterstock Is it too late to buy Moderna (NASDAQ:MRNA) stock? The prospective novel coronavirus vaccine has made much headway in recent weeks. But many other biotech firms

As the markets look to finish the first full week of the new calendar month, the current bullish trend in motion continues to look friendly overall. But notorious fabled advice is also making sense in select overbought price charts, hinting at stocks to sell right now. It wasn’t long ago that the novel coronavirus pandemic allowed

With the pronounced destruction caused by the novel coronavirus, it wasn’t surprising to see railroad transportation specialist CSX (NASDAQ:CSX) suffer significantly during the first three months of the year. For investors, CSX stock is where the rubber meets the road. If any economic indicator of recovery is to be believed, theoretically, you should see it

Occidental Petroleum (NYSE:OXY) announced its Q1 earnings on May 5 after the market closed. The COVID-19 pandemic as well as the result of the price war between Saudi Arabia and Russia have caused oil stocks to plunge. In 2020, OXY stock has tumbled about 66%. Source: Pavel Kapysh / Shutterstock.com Yet that price decline shows only

[Editor’s Note: “30 Stocks on a Deathwatch” was originally published in March 2020. It is regularly updated to include the most relevant information.] In the middle of the turmoil brought on by the novel coronavirus, it’s hard to think positively. Yet at some point, we will get through this, remembering this moment years from now

On Saturday, Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) had its annual meeting. From it, we learned that Warren Buffett’s company had sold all its positions in the airline industry. In doing so, it liquidated billions of dollars of stock. Those sales included Berkshire’s formerly large position in American Airlines (NYSE:AAL) stock. Source: GagliardiPhotography / Shutterstock.com In case