Hope springs eternal — among some retail traders, at least — for used-car retailer Carvana (NYSE:CVNA). Yet, a comeback probably isn’t in the cards for CVNA stock. A slew of downward-trending data points cast Carvana in a negative light, and the company’s debt burden threatens Carvana’s viability as a going concern. For what it’s worth,
Stocks to sell
Sliding lower throughout February, investors in Nio (NYSE:NIO) perhaps were expecting NIO stock to kick off the new month with a big move higher, following the release of the China-based electric vehicle maker’s latest quarterly results. Unfortunately, far from rallying post-earnings, NIO made yet another move lower following the Mar. 1 earnings release. With both
The market’s increasing unwillingness to speculate is a warning for investors to look for EV stocks to sell. The persistently high inflation will force central banks to keep interest rates at current levels of nearly 5.0%. Risk-averse investors are better off holding cash than speculating on sectors that make no money. On the business side
Once one of the hottest electric vehicle stocks around, Lordstown Motors (NASDAQ:RIDE) has experienced a sharp price decline over the past two years. Trading at prices topping $30 per share in 2021, you can buy RIDE stock today for around $1 per share. So, with this sharp price drop, risk/return is highly favorable now, right?
Based on recent headlines, it’s clear the situation keeps getting worse for Carvana (NYSE:CVNA). So then, why are so many still dabbling in CVNA stock? Buzz surrounding CVNA’s short squeeze potential, for one. Short-term traders have cycled in and out of the stock in recent weeks for this reason. However, some speculators have dived into
Hedge fund managers sell certain stocks for a variety of reasons. Those reasons can include changes in the company’s financial performance, shifts in market conditions or investor sentiment, or changes in the fund’s investment strategy. There’s little difference between institutions and individuals in that regard. And like all other investors, if a company’s financial performance
Could Exela Technologies (NASDAQ:XELA) stock literally become a penny stock (as in, worth just a penny per share), or even go to zero? Don’t assume that everything will be all right with Exela Technologies, as the company is prone to fraying fundamentals and ongoing noncompliance with exchange-listing requirements. Based in Texas, Exela Technologies apparently specializes in
Much as I had anticipated, shares in Lucid Group (NASDAQ:LCID) experienced a sharp drop, after the electric vehicle maker reported its latest quarterly results and updates to guidance on Feb. 22. On the trading day following the earnings release, LCID stock dropped by double-digits. Shares have stabilized since then. They have coughed back the remainder
With major economic weakness possibly lurking around the corner, investors should consider targeting stocks to sell. Specifically, market participants should note securities that feature rising short borrow fees. As the name suggests, brokerage firms charge fees to clients who borrow shares for shorting purposes. Further, the more difficult the underlying security is to borrow, the
It’s fine to be bullish on clean-energy vehicles in general. However, this doesn’t mean you have to put your faith in Luxembourg-based electric vehicle (EV) manufacturer Arrival (NASDAQ:ARVL). There’s a chance that ARVL stock could get kicked off of the Nasdaq exchange at some point. Plus, Arrival’s debt burden will remain heavy even if the automaker plans
It was nearly a month ago that Amazon.com (NASDAQ:AMZN) released a disappointing earnings report, but AMZN stock continues to trend lower. The market keeps on absorbing the prospect of slowing growth. Add in reheightened macro-related worries among investors, as “sticky inflation” points to a further rise in interest rates, and it makes sense why the
Companies caught off-guard from the Chatbot shift need to prepare their list of stocks to sell. When ChatGPT launched its artificial intelligence chat, its 100 million active user growth in just two months shook up the technology sector. In an ironic twist, companies that rode the hype by announcing ChatGPT integration are the stocks to
Speculating in Carvana (NYSE:CVNA) has so far this year been a profitable trade. Changing hands for around $4.81 per share at the market open on Jan. 3, CVNA stock went on a short-squeeze rally during late January and early February. At one point, shares in the automotive e-commerce company traded for prices nearing $20 per
Is Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) losing its mojo as a tech titan? That’s a valid question as Microsoft (NASDAQ:MSFT) takes an early and powerful lead in deploying generative/conversational artificial intelligence. Furthermore, GOOG stock might seem like a good value at first glance, but it only deserves a “D” rating as Alphabet continues
These days, the U.S. economy isn’t looking so hot. Inflation is still red-hot. The Federal Reserve will more than likely keep its foot on the gas with interest rates. And more than half of Americans are now forced to live paycheck to paycheck. So, it comes as no real surprise that companies, like Walmart, sounded
Will investors of Walt Disney (NYSE:DIS) have a “magical” experience in 2023? It’s hard to be confident in DIS stock when Disney is preparing to bring back dividend payments but also intends to reduce its capital outlays. Plus, Disney is losing subscribers for its streaming service and appears to have a cash-burn problem. Generations of
It seems as if all of the latest news regarding Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) has been of the negative variety. This has played a big role in the continued underperformance of GOOG stock. Since last year, issues for the tech giant have included a weak digital advertising market, rising competition, and regulatory scrutiny. Over the past month,
Let’s face it – there are some stocks to sell that just have no hope left. Hope is a great thing. If it wasn’t for hope there wouldn’t be any such thing as investing. Putting your hard-earned money into an equity is essentially an act of hope and faith, anchored in the knowledge you’ve acquired
Over the past year, it has become difficult to argue the bull case for Lucid Motors (NASDAQ:LCID). Sure, market conditions have been a big reason why LCID stock has fallen from $25 to under $10 per share during this time. However, a much larger factor has been the electric vehicle (or EV) maker’s inability to
Luxembourg-based electric vehicle (EV) manufacturer Arrival (NASDAQ:ARVL) wants to make its mark in the U.S. clean-energy vehicle market. It won’t be easy, as Arrival’s competitors include automotive giants like Tesla (NASDAQ:TSLA) and Ford (NYSE:F). Plus, ARVL stock investors should be concerned about the possibility of a delisting from the Nasdaq exchange. You may be familiar with Tesla’s huge