Stocks to sell

Snap (NYSE:SNAP) stock collapsed after its first-quarter earnings report. The share price is now down about 72% for 2022. Snap reported a net loss of $359 million, 22 cents per share fully diluted, on revenue of $1.06 billion, on April 21. The result sent shares down 43% in a single day. Snap was due to
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HEXO (NASDAQ:HEXO), a company that produces, markets, and sells cannabis in Canada, has seen its shares decline 70% in 2022 to now trade at approximately 20 cents. How low can the shares go? In early January, they were trading at about 74 cents. The company has reported its third-quarter (Q3) 2022 results. Investors should analyze
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Source: OlegRi / Shutterstock Energy bulls looking for a low-cost way to bet on higher fuel prices in 2022 should stear clear of Houston-based Camber Energy (NYSE American:CEI). While shares of the diversified energy and power solutions company currently trade for less than 50 cents, CEI stock isn’t the right investment for energy sector profits. Every
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Source: Michael Vi / Shutterstock.com Shares of Chinese electric vehicle maker Nio (NYSE:NIO) have surged more than 30% this month despite a troubling first-quarter earnings report. And NIO stock is up 44% from its recent low, made 10 days ago. Much of investors’ enthusiasm for NIO stock likely comes from the easing of Chinese Covid-19
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Selecting stocks to sell has become an urgent priority for those investors who want to cash out before the expected recession hits hard. Investors are wary of further declines to come in this bear market. The benchmark S&P 500 index is down around % year-to-date (YTD). Meanwhile, the sell-off in growth stocks led to a 30%
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QuantumScape (NYSE:QS), a development stage company that focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications, is claiming it is building the best battery for electric vehicles. That probably sounds like great news to anyone holding QS stock. Its solid-state lithium-metal battery technology brings significant enhancements compared to
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For the past few weeks, Bitcoin (BTC-USD) has repeatedly failed to break above its $30,000 resistance level and has started its downfall. The overall world economy has taken a slump, including the crypto market and stocks. However, crypto remains especially fragile due to its high volatility.  Blockchain technology is still in its early stage and
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Based in New York, FuboTV (NYSE:FUBO) is a virtual content provider with a sports streaming and betting angle. Even if you feel that this is a high-conviction niche market, FUBO stock isn’t the best investment as the company’s results are subpar. Without a doubt, sports streaming and wagering became red-hot markets during the Covid-19 lockdowns of
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Source: Pixel B / Shutterstock.com 3D printing startup Desktop Metal (NYSE:DM) has gotten itself into a jam. The firm previously raised hundreds of millions of dollars from well-known investors including Google Ventures (NASDAQ:GOOG, GOOGL) and Ford Motor (NYSE:F). However, Desktop Metal has struggled to commercialize its technology, and the value of DM stock has collapsed 82%
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Amazon (NASDAQ:AMZN) stock has surged by more than 12% (on a relative basis) in the past month amid enthusiasm about its 20-for-1 stock split. Many investors seem over the moon about their gains, and rightly so. However, it’s time to think about matters prospectively. I sincerely doubt that Amazon stock will resume its upward trajectory
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Reports of electric van maker Electric Last Mile Solutions’ (Nasdaq:ELMS) bankruptcy filing on Sunday flew under the market news radar. Electric Last Mile came public via a SPAC in 2021 amid a wave of other EV startups. At the time, it was pitched to investors as one of the best pure-plays on commercial fleet electrification.
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