Stocks to sell

The disruption that the novel coronavirus caused last year was nothing like we’ve had in centuries. Luckily, we have amazing vaccine companies that succeeded, plus others like Novavax (NASDAQ:NVAX) trying their hardest. NVAX stock is still full of potential and today we will debate owning it. Source: Ascannio/Shutterstock.com Pfizer (NYSE:PFE), Moderna (NASDAQ:MRNA) and AstraZeneca (NASDAQ:AZN)

After reviewing the statements of experts on the state of the pandemic in the U.S., reading CDC projections on the course that the coronavirus is likely to take and analyzing Ocugen’s (NASDAQ:OCGN) recent first-quarter earnings conference call, I remain extremely bearish on OCGN stock. Source: Shutterstock.com Ocugen has said that it is trying to get

It’s abundantly clear that the Reddit-driven rallies in names like Sundial Growers (NASDAQ:SNDL) stock went too far. The supposedly epic “short squeezes” promised since late January haven’t materialized. GameStop (NYSE:GME), AMC Entertainment (NYSE:AMC), SNDL stock and others remain well off their peaks. There’s plenty of reason for skepticism toward those names going forward as well.

In this crazy market environment where bearishness equates to a reason to buy a particular equity unit, it should be no surprise in this context that Zomedica (NYSEAMERICAN:ZOM) previously dominated the charts. Given that ZOM stock once closed near the $3 level, shares at less than 80 cents sounds like a reasonable opportunity. But if

Vaxart (NASDAQ:VXRT) tried to produce a Covid-19 vaccine that could be taken orally as a pill, but it failed. As a result, VXRT stock is probably headed down 85% to its cash per share level, or about $1.00. Source: Ascannio / Shutterstock.com This is nothing new. Most investors will remember the stock’s collapse back in

While no one knows for sure what the recent rumblings in the major indices entails, looking at the bigger picture, the post-novel-coronavirus rally has been one of the most remarkable in history. Naturally, the bullishness extended to high-profitability potential growth investments like Senseonics (NYSEAMERICAN:SENS). As a play on the science, Senseonics is brilliant. As a

Quantumscape (NYSE:QS), the lithium-metal solid-state battery company, has a funding hole over the next four years. This could easily drag QS stock down further, despite its miserable performance so far. Source: Michael Vi / Shutterstock.com That is a depressing prospect for shareholders who have seen the stock deteriorate. It is down 68% year-to-date, and even

The pandemic hasn’t been easy for anyone, but it has been the toughest for AMC Entertainment (NYSE:AMC). The theatre chain has faced several problems over the past year, and after being a target of Reddit’s short squeeze, AMC stock has consistently been volatile.  Source: Helen89 / Shutterstock.com The stock went from $2 to hit a

Gevo (NASDAQ:GEVO), the Colorado-based renewable jet fuel producer, has $530.6 million in cash, but its market cap is now about $1.048 billion. This means cash is now 50% of its market value or $2.66 per share. Wait for GEVO stock to drop closer to the cash per share, despite the value of its much-touted patents.

It could be said that movie-theater chain AMC Entertainment (NYSE:AMC) stock is the ultimate beneficiary of the recovery from the Covid-19 pandemic. Or at least, that’s what some AMC stockholders are hoping for. Source: Helen89 / Shutterstock.com Granted, AMC has reopened nearly all of its theaters in North America. Moreover, the company is gradually bringing moviegoers

If I never have to talk about cannabis firms again, it might be too soon. The one market category that gives me nightmares — and I’m a cryptocurrency investor for goodness sake! — is weed. Following an incredibly auspicious start to the new year, Tilray (NASDAQ:TLRY) is once again looking pedestrian. I’m at a point

Palantir (NYSE:PLTR) stock may be starting to get out of its slump. Since February, the big data play, and Reddit favorite, has slid significantly from its highs. But, thanks to a strong earnings report, and a possible investment of company funds into Bitcoin (CCC:BTC-USD), shares have bounced back, after briefly falling below the $20 per

AT&T (NYSE:T) continues to face strong pressures on multiple fronts and the company’s longer term outlook appears to be particularly negative. As a result, I recommend that investors sell T stock into its recent strength. Source: Jonathan Weiss/Shutterstock Although AT&T reported better-than-expected first-quarter results on April 22, driven by  the strength of its mobility business,

Sundial Growers (NASDAQ:SNDL) is one of many Canadian cannabis stocks that has become a hot stock on message boards and one of the “ground floor” opportunities in the sector. Source: Shutterstock But before we get into the particulars, I want to explain a broader point on this sector. The quote about let a hundred flowers

For multiple reasons, I believe that Skillz (NYSE:SKLZ) stock looks to be meaningfully overvalued at its current levels. Therefore, I recommend that investors sell this name. Source: Dean Drobot/Shutterstock.com I’m not at all convinced that the popularity of esports in the U.S. will ever become strong enough to come close to supporting the current, high

There are two figures that highlight the case for and against Nio (NYSE:NIO) stock. Source: Sundry Photography / Shutterstock.com The bull case is strengthened by the fact that NIO stock has pulled back 43% from its January highs. Obviously, that fact alone doesn’t make the shares worth buying. The massive rally of electric-vehicle stocks that

Virgin Galactic (NASDAQ:SPCE) and SPCE stock are a perfect example of what is wrong with special purpose acquisition companies (SPACs). Source: Tun Pichitanon / Shutterstock.com As Groucho Marx said in The Cocoanuts nearly a century ago, “You can have any kind of a home you want. You can even get stucco. Oh, how you can

The global electronic vehicle (EV) industry is rapidly growing and is flooded with companies focusing on climate change. As countries across the world begin reducing carbon emission and increasing sustainability, EV manufacturers are making the most of the moment. One such automaker is Fisker (NYSE:FSR). FSR stock gained recognition and popularity when the company unveiled its

Coinbase (NASDAQ:COIN) has been public for approximately three weeks as I write this. While it went out like a house on fire, jumping as high as $429.54 on its first day of trading (April 14), it finished the day up 31.3% at $328.28. Source: sdx15 / Shutterstock.com It’s been downhill ever since. Now trading a

As I’ve said before, I truly hope General Electric (NYSE:GE) succeeds in its comeback. GE has been a great American company for decades, and it still has a massive workforce. But hope isn’t a reason to buy, or to recommend, GE stock. Source: JPstock/Shutterstock.com Admittedly, hope has driven General Electric’s stock higher over the last