Stocks to sell

The whole fintech movement has been a popular theme for investors going back quite some time. One of the leading beneficiaries of this is SoFi Technologies (NASDAQ:SOFI) stock. Source: rafapress / Shutterstock.com SoFi is a financial services company offering a variety of consumer products. The product portfolio covers a number of services such as personal,

Chinese stocks that ended up being targeted by Beijing have been pummeled in recent weeks. But after China’s government tried to reassure companies and investors that it was not trying to decimate the country’s stocks, some on Wall Street seem to believe that the government was giving the “all-clear” sign. But I don’t think that’s

Since I last wrote about it, Meta Materials (NASDAQ:MMAT) stock traded sideways. Yet that doesn’t mean the oil and gas turned metamaterials play has bottomed out following its post-meme collapse. Source: Yuriy Golub / Shutterstock.com As you may recall, shares in the former Torchlight Energy shot “to the moon,” ahead of a reverse merger that

Robinhood Markets (NASDAQ:HOOD) which just went public on Aug. 2, is unprofitable and not likely to see any net income until next year. The market might not exactly know this, especially since HOOD stock has risen over $20 since going public on July 29, closing at $34.82 on its first day. Source: mundissima / Shutterstock.com

The infamous short squeeze that skyrocketed video game retailer GameStop’s (NYSE:GME) stock price has been remarkably long-lived, but the clock is ticking. Source: Shutterstock It sent GME stock from $20 to a record high of $480 back in January. After dipping to the $50 mark, the stock has hovered over $100 for the past few

Palantir (NYSE:PLTR) is a company that I cannot find a better phrase to describe than the well-known “Houston, we have a problem.” PLTR stock made its debut in 2020 through a standard IPO and gained significant traction in early 2021. With a 52-week high price of $45, it has sold off that early traction in

Robinhood Markets (NASDAQ:HOOD) got off to a rocky start following its recent initial public offering. HOOD stock closed its first trading day down more than 8%. Source: OpturaDesign / Shutterstock.com In the days that followed, Robinhood has skyrocketed to more than double its $38 IPO price. There’s no question Robinhood has been a tremendous success

Ashford Hospitality Trust (NYSE:AHT) claims to be “well-positioned to capitalize on the lodging recovery” its investor presentation. But judging by the price action of AHT stock, the shareholders have definitely not been capitalizing as they’ve struggled to get back to break even. Source: Shutterstock Regardless, the company claims to have a “clear path forward to capitalize

Throughout 2021, I’ve been periodically weighing in on the original meme stock –GameStop (NYSE:GME). My message has been to have fun trading GME stock, but don’t buy and hold it for the long term. Source: quietbits / Shutterstock.com I’ve taken a lot of heat this year for simply pointing out that the share prices of

As longtime readers know, I’m a huge electric vehicle (EV) stock bull. I’m 100% confident that electric vehicles will entirely replace gas-powered by cars by 2040, thanks to improving EV technology, falling battery costs, shifting consumer demand to eco-friendly products, and increasing supply of EVs. At this point, the EV Revolution is inevitable, and EV

Putting it simply, Vinco Ventures (NASDAQ:BBIG) is the kind of penny stock that’s a hard pass in normal market conditions. But, of course, what we have seen play out in the past year has been anything but normal. With phenomena like “meme stock madness,” rolling the dice on something like BBIG stock has become a

Meme stocks have dominated in 2021, and SOS Limited (NYSE:SOS) has benefited from the trend of irrational exuberance in investments. If you’re considering taking a position in SOS stock, there are a few things you should know first. Source: Mark Agnor / Shutterstock.com From its unfocused business model to its shaky fundamentals, SOS Limited is

So far crypto mining company SOS Limited (NYSE:SOS) has not released either its Q1 or Q2 earnings (in this case losses) or its balance sheet. That makes SOS stock nothing more than a gamble right now. Source: Mark Agnor / Shutterstock.com As I wrote in my last article on SOS stock, I expect that it will

Last month, Marin Software (NASDAQ:MRIN) enjoyed a meme stock rally that made similar runs seem tame by comparison. But that doesn’t mean it’s wise to buy MRIN stock now as it crashes back to earth. The circumstances that helped the digital marketing software stock rise 16-fold aren’t likely to repeat themselves. Three factors worked in

This was supposed to be a comeback year for Carnival (NYSE:CCL) stock, but the world’s largest cruise operator already seems to be taking on water. With only four cruise ships that have resumed operations so far, the company cannot gain momentum during the peak summer season. Last week, a U.S. Court of Appeals ruling reversed

Back in January, I covered Sundial Growers (NASDAQ:SNDL) and wrote a bearish article. Essentially, I called SNDL stock a gamble. Now, seven months later, things have not changed much. Source: Shutterstock Of course, it’s hard for a company to present enough news and positive financial performance to radically change an investment thesis over such a

Nio (NYSE:NIO) stock has an awful lot riding on its upcoming earnings report. Source: Sundry Photography / Shutterstock.com For any publicly traded company, earnings reports are critical as they present a showcase for stakeholders and prospective buyers. But for Nio, the financial disclosure for the second quarter will truly determine whether people can trust its

Bionano (NASDAQ:BNGO) is a small life sciences company. Biotech companies use Bionano’s Saphyr system for researching DNA and to diagnose illnesses caused by genetics. Up until recently, Bionano has had difficulty achieving widespread market adoption for Saphyr. However, BNGO stock has gone on a wild ride over the past year as traders gravitated to Bionano’s

At one point, Zomedica (NYSE:ZOM) could do no wrong. ZOM stock would explode some 2,900% from its November 2020 lows. The company was nearing commercialization of its point-of-care diagnostic product. Even the pet industry was howling about the opportunity. Source: Postmodern Studio / Shutterstock.com Nowadays, Zomedica has become a slow-motion train wreck. In fact, the last

In a matter of weeks, DiDi Global (NYSE:DIDI) stock has gone from a hot IPO to an undeniable disaster. Soon after its debut on the U.S. stock market at an initial price of $14 per share, the China-based ride-hailing company was hit hard by the  Chinese government’s decision to investigate and penalize it. The shares