Stocks to sell

In what seemed like an April Fools joke that had come one day late, news broke on April 2 that Luckin Coffee (NASDAQ:LK) COO Jian Liu had reported falsified sales numbers for 2019. The revelation sent LK stock down more than 80% in pre-market trading that day. Source: Keitma / Shutterstock.com Unfortunately for Luckin investors,

Chesapeake Energy (NYSE:CHK) looks as though it’s up by an insane amount this morning, shifting from 13 cents per share to more than $15. Don’t be fooled. While CHK stock may be significantly higher, this is only due to a reverse stock split. Source: Casimiro PT / Shutterstock.com Due to the violent selloff and struggling

Investing during the spread of the novel coronavirus means that you have to consider how companies are positioned during this challenging time. Some of them are positioned for success, while others aren’t. Unfortunately, buying Lyft (NASDAQ:LYFT) stock now would be an investment in a company that’s poorly positioned. Source: Allmy / Shutterstock.com A better alternative

Given the awful deluge of novel coronavirus stats and sharply negative economic metrics, we could all use some good news. Heading into Good Friday last week, senior White House adviser Dr. Anthony Fauci provided exactly that. Rather than the 100,000 to 240,000 deaths that epidemiologists forecasted, Dr. Fauci now anticipates “only” 60,000 deaths. In theory,

Due to the black swan event of the novel coronavirus shutting down virtually all air travel, companies like Booking Holdings (NASDAQ:BKNG) are in serious trouble. Source: Denys Prykhodov / Shutterstock.com Prior to this mess, Booking’s core business — owning and operating travel fare aggregators — was on the upswing in 2019. Further, warming ties between

Without a doubt, one of the worst-hit market segments due to the novel coronavirus is the travel industry. Most worryingly, cruise liners have suffered the brunt of the damage. However, that doesn’t exempt airliners such as American Airlines Group (NASDAQ:AAL). Despite a big 10%-plus jump in AAL stock heading into the Good Friday holiday, I’m

In the first quarter of 2020, Virgin Galactic (NYSE:SPCE) defied gravity. The stock peaked at an incredible $42.89 by late February. The impossible valuations came to a quick end when market selling accelerated. The nearly full shutdown across the United States and in Europe put an end to reckless stock buying. SPCE stock fell below

I can’t help but feel bad for Caesars Entertainment (NASDAQ:CZR). As any gaming and resort company in Las Vegas, they are highly dependent on consumer sentiment. Prior to the novel coronavirus upending our record-breaking bull market, CZR stock was on the verge of something special. That’s according to Caesars CEO Tony Rodio, who stated that

Amid the devastation from the novel coronavirus comes changes to our lexicon. Today, Americans are all too familiar with the term “social distancing.” But another phrase has far more crucial implications: personal protective equipment (PPE). With medical professionals and first responders throughout the nation struggling to address the pandemic, Lakeland Industries (NASDAQ:LAKE), a hazard-protection gear

Inovio Pharmaceuticals (NASDAQ:INO) has been in the spotlight recently after the company announced a potential vaccine for the novel coronavirus. Source: Ascannio / Shutterstock.com INO stock jumped more than 70% in the space of a week as investors saw promise in the Pennsylvania pharmaceutical firm. Since then, the firm’s share price has come down substantially

Shares of music streaming platform Spotify (NYSE:SPOT) have outperformed the broader market amid the coronavirus pandemic, mostly because investors have seen Spotify as relatively insulated from coronavirus-related economic disruption. Source: Kaspars Grinvalds / Shutterstock.com Spotify stock only trades about 15% below where it was in mid-February. The rest of the stock market, meanwhile, is deep

It’s often said that investing for the long-term is the way to go, and for many investors that’s true. Specific to American Airlines (NASDAQ:AAL), it’s possible that the carrier will someday soar again, but the road to recovery for AAL stock is likely to be bumpy and lengthy. Source: GagliardiPhotography / Shutterstock.com Every stock —

One of the dramatic shifts in our “new normal” is that several mundane businesses have suddenly exploded in demand. Among the biggest beneficiaries of this surge in interest is industrial giant 3M (NYSE:MMM). Previously an increasingly irrelevant organization, 3M’s N95 facemask division became a matter of national security. But without adequate production, smaller companies like

The newly publicized security vulnerabilities of Zoom (NASDAQ:ZM), combined with the likely easing of the novel coronavirus crisis in a couple weeks and the meaningful competition the company is facing, do not bode well for Zoom stock at all. As a result, investors should avoid the shares. Source: Michael Vi / Shutterstock.com On April 5,

It’s no surprise that airline stocks have been among the hardest hit names as a result of the coronavirus pandemic. It’s hard for them to make money when no one is flying. American Airlines’ (NASDAQ:AAL) stock has shed over 60% since mid-February. Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A,BRK.B) has been hammered by its exposure to airline

What’s next for Plug Power (NASDAQ:PLUG) stock? The novel coronavirus and the collapse of energy prices have taken the wind out of “green wave” stocks. But this isn’t the only issue for the hydrogen fuel cell company. Pushing the growth envelope, the company has aggressively used vendor financing, and that could create problems for it.

As the number of coronavirus cases continues to rise globally, the airlines industry is among the worst-hit sectors. From its  52-week highs, United Airlines Holdings (NASDAQ:UAL) stock plunged by nearly 70%. After the announcement of the stimulus package and a bailout for airline companies, UAL stock rebounded sharply. Source: NextNewMedia / Shutterstock.com However, I still

When I first read about how Luckin Coffee (NASDAQ:LK) fabricated much of its reported 2019 sales, I said some words that cannot be repeated on any public or professional forum. But to give you an idea, it involved a deity, an activity, and a waste product – use your imagination. Under no circumstances are these

As the coronavirus remains unsolved, each passing week seems to bring a new contender to the vaccine crown, including Moderna (NASDAQ:MRNA). This is reflected in MRNA stock, which jumped almost 12% on Thursday, April 2 and is now higher by about 76% year-to-date. The impetus behind the rally in MRNA stock on April 2 is

Travel and leisure equities, including Norwegian Cruise Line (NYSE:NCLH), are ground zero for havoc wrought by the novel coronavirus. And NCLH proves as much with a first-quarter decline of more than 80%. Source: Alfonso de Tomas / Shutterstock.com What makes the near-term outlook for NCLH stock murky is that relative to airlines, hotels and even