As we enter the new year, it’s time to go through your portfolio and discover which meme stocks to sell. In many ways, I believe that 2022 can be viewed as the year of “the baby and the bathwater” for U.S. stocks. By that, I mean, of course, that both horrible, overvalued stocks and good
Stocks to sell
With a contentious time in 2022 coming to a close, it may be helpful to look back and consider the most sold-off stocks last year. Similar to learning from prior mistakes, investors may be able to garner lessons from the worst-hit market ideas. Basically, these are companies that currently sit just a few steps away
As we head into New Year 2023, we wanted to take a look at some of the top pharmaceutical blunders of the last several months. While many pharmaceutical stocks can hold immense profit potential, others can wipe out your accounts in the blink of an eye. That’s because – far too often — investors buy
After months of relatively little news, early-stage electric vehicle battery Quantumscape (NYSE:QS) is again making headlines. However, far from giving shares a jolt in the arm, this latest news has only had a short-lived positive impact on the price of QS stock. After briefly spiking on the news it would ship prototypes, shares have given
If you’re thinking about which stocks to sell heading into 2023, you might want to start with companies whose CEOs are overpaid. The Financial Times published an article in mid-December discussing how to pay executives in the age of stakeholder capitalism. It pointed out that Amazon (NASDAQ:AMZN) CEO Andy Jassy earned nearly $213 million, 6,474
It seems like yesterday that environmentally friendly fuel-cell systems provider FuelCell Energy (NASDAQ:FCEL) was all the rage on Wall Street. Lately, however, FCEL stock has been a money loser for investors. It’s sensible to check FuelCell Energy’s financials carefully – and considering the unfavorable value proposition of the shares now, it’s hard to give them anything
Last Wednesday, we finally got the announcement: Elon Musk had sold another $3.6 billion of Tesla (NASDAQ:TSLA) stock earlier in the week. (SEC filings tend to lag several days behind transactions). Such a sale had been months in the making. Not only did Mr. Musk likely overpay for his Twitter acquisition. A series of unforced
Although a new year tends to bring feelings of optimism, when it comes to the current market dynamics, it’s time to consider hot stocks to book profits in before 2023 arrives. At first, circumstances appeared favorable, with CNN reporting on Dec. 13 that inflation cooled more than expected. However, by the following day, the Federal
At the start of December, Nio (NYSE:NIO) stock appeared to be on the verge of getting out of its extended slump. As you may know, at the time shares in the China-based electric vehicle maker were rallying, following the release of strong vehicle delivery data, and news of China easing on its ‘zero Covid’ restrictions.
If you’re looking for consumer discretionary stocks to sell, VF Corp. (NYSE:VFC) shareholders might want to reconsider their positions. CEO Steve Rendle stepped down as CEO of the apparel conglomerate on Dec. 5. The move, which came as a surprise to many industry experts, suggests that the board increasingly was growing disenchanted with the company’s
Since the Gamestop (NYSE:GME) short squeeze shook the investing world in 2021, investors have been focused on finding the next meme stock. It’s been a long, hard search with no clear end. Little-known companies have risen out of nowhere only to fall again just as quickly. Stocks cast aside by Wall Street like GME have
Just a year ago, Rivian Automotive (NASDAQ:RIVN) stock was flying high. Trading for more than $100 per share, RIVN was considered one of the most promising vehicle electrification plays out there. It was also among several companies considered to be in the running to supplant Tesla (NASDAQ:TSLA), and become the top dog among EV companies
Is it always a good thing when a company’s management is ultra-confident? Not necessarily, when it comes to Intel (NASDAQ:INTC) stock. Some traders and analysts aren’t fully convinced that the chipmaker can recover its lost ground in 2023. Before jumping into the trade, take a serious look at Intel’s headwinds and consider sitting on the sidelines
The current market downturn has not been equal or fair. Some stocks have taken a much worse beating than others amid the volatility and churn. Technology stocks and stocks that thrived during the pandemic have been particularly hard hit since markets peaked in Nov. 2021 and turned lower. While some stocks have started to recover,
QuantumScape (NYSE:QS) develops solid-state lithium-metal batteries for electric vehicles (EVs). Someday, QS stock might be worthy of a small-scale investment. For now, though, it’s a no-go because QuantumScape’s grand vision is much bigger than the company’s current capital position can accommodate. QuantumScape was a darling of the retail trading crowd in the wake of the
Google parent Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) now has yet another headwind on its plate. At least, that’s the takeaway from recent headlines about GOOG stock. The financial and tech worlds are buzzing about a possible “disruptor” of the tech giant’s core search advertising business. In my view, much of this talk of “disruption” and a possible “game
Although the concept of dumping shares often arouses intense emotions, when it comes to the topic of stocks to sell for tax-loss harvesting in 2022, it’s an unavoidable discussion. To get everyone on the same page, tax-loss harvesting refers to selling losing investments to offset capital gains involved in selling some winners. That way, you
As 2022 comes to a close, investors in SoFi Technologies (NASDAQ:SOFI) may be hoping that 2023 to be the year this hard-hit fintech stock starts to make a recovery. Yet despite the massive sell-off experienced by SOFI stock so far this year, which has pushed it to rock-bottom prices, I wouldn’t “bank” on next year
Lucid Group (NASDAQ:LCID) stock has been a poor performer in 2022, to put it politely. Do the electric vehicle maker’s financials justify a turnaround to the upside? The answer is definitely no, and Lucid’s attempt at an economy EV won’t likely convert today’s inflation-wracked consumers into buyers. Lucid Group loves to talk about luxury in
The economy is either already in recession or it is likely to be in one in 2023. As a result, some dividend stocks are worth buying for investors. But as with any category of equities, there are also bad dividend stocks that investors should sell This column, as indicated by the headline, features a list