Verizon (NYSE:VZ) stock certainly hasn’t been a winner for folks who bought and held it over the past couple of years. Yet, hope springs eternal among income-focused financial traders. Verizon might pay what looks like a decent dividend, but by itself, this shouldn’t persuade cautious investors to take a share position now. We’ve already warned
Stocks to sell
The Nvidia (NASDAQ:NVDA), its stock price surged over threefold in 2023, driven by high demand for AI chips. However, Asian chip makers, responsible for Nvidia’s chips, are seeing their lowest earnings in years. Investors optimistic about Nvidia’s ongoing impressive performance should take heed of the challenges the global advanced chip industry is currently facing. Nvidia’s
Artificial intelligence (AI) is no longer just a buzzword, with its prominence in the tech landscape surging like never before this year. This next-level technology effectively opens doors to an array of applications for consumers, businesses and other entities. Moreover, its application in investing is often understated, so investors must consider the stocks AI warns
Earlier this year, analysts and investors were quite fond of enterprise artificial intelligence (AI) company C3.ai (NYSE:AI). Yet, after a massive rally, AI stock is now vulnerable to a substantial pullback. The catalyst for this potential drawdown could be a significant near-term event in which C3.ai will have to live up to Wall Street’s high expectations. Previously,
After a great deal of legal wrangling, it appears that the battle over student loan forgiveness has drawn to a close. And this news has put three stocks to sell squarely in the line of fire going forward. As things stand now, it appears that student loans will begin accruing interest again starting in September.
After a summer rally for meme stocks, the party appears to be winding down. August has traders looking at meme stocks to sell, with many formerly popular names taking big tumbles. Given the dark clouds on the economic horizon, there is good reason for caution. The Federal Reserve has raised interest rates at a historic
In the complex stock market, some companies are supported by favorable fundamentals while others struggle against fundamental odds. The article lists three stocks that were once hailed as potential game-changers, now surrounded by uncertainty and skepticism. The first one, a retail haven, grapples with macroeconomic headwinds, pandemic aftershocks, and a shaky supply chain. Meanwhile, The
Canada-based cannabis companies have by-and-large had a rough past couple of years, but this has been especially the case for Aurora Cannabis (NASDAQ:ACB) stock. Issues with growth and profitability have weighed on ACB stock in a big way. Over the past five years, this cannabis stock has declined in price by over 99%. Yet while
Blue-chip stocks are considered a more conservative way to invest, relative to more speculative names like early-stage growth stocks or penny stocks. However, that doesn’t mean owning them offers a guaranteed path to solid returns. At any given time, there are stocks in the blue-chip category that are not worth owning, at all. In some cases,
The energy market is currently difficult to read, but finding energy stocks to sell is not challenging. On the one hand, investment banks are signaling that oil prices will increase for the remainder of 2023. Yet, on the other hand, the International Energy Agency recently adjusted its global oil demand forecast downward on macroeconomic headwinds. Despite those
August is a tough month for tech investors, particularly as many expected July’s climbing prices to continue. But the past few months may have been a bull trap, as stocks are falling back in a massive correction, shaking investors. The S&P 500 already fell 5% this month, with the prospect of more pain to come.
If any company is a darling on Wall Street in 2023, it’s definitely Nvidia (NASDAQ:NVDA). Analysts scrambled to lift their ratings and price targets on NVDA stock after its spectacular rally this year. Now, a call for clear-minded thinking is needed as a major near-term event could shut the party down. There’s no disputing that Nvidia
So far this month, Mullen Automotive (NASDAQ:MULN) has popped back on the radars of many investors. A big reason for this is several major developments directly related to MULN stock. These include announced progress with some of the early-stage electric vehicle maker’s growth efforts. A reverse-stock split, which will enable Mullen to keep its Nasdaq
With Lucid Group (NASDAQ:LCID) shares slumping back to their 52-week low, plenty are curious whether LCID stock could soon make a comeback. This is due largely to LCID’s high short interest. In the eyes of risk-hungry traders, this factor points to an increased potential for a “short squeeze,” or a big run-up in shares caused
Whether you’re risk-inclined or not, Tilray Brands (NASDAQ:TLRY) isn’t a promising investment as a cannabis stock, let alone an alcohol play. The company has made some moves within the alcohol sector,which I’ll get to in a minute, but its core business continues to underperform. The company’s recent earnings reinforce the view that this is likely
Dividend stocks have become investors’ favorites in recent months. Tech turbulence and high-interest rates combined to make high-yield stocks an alternative to riskier equities while still beating the yield on fixed-income investments like treasuries. Unfortunately, many investors chase the bottom-line yield stat without looking too closely into the underlying company. Dividend stocks are usually seen
When a company issues a quarterly press release, typically it will put a positive spin on the company’s recent performance. That’s fine, but it means that investors should view Plug Power’s (NASDAQ:PLUG) latest earnings letter with a skeptical eye. After delving into the data, financial traders should seriously think about avoiding PLUG stock. The point
There is little doubt about the bull story for electric vehicles. With global penetration still at a low level, some of the best EV companies will continue to grow at a healthy pace. Given the bright outlook for the industry, competition has intensified in the last few years. This means there are some EV stocks
We’re back to the bear/bull seesaw in August, but bears seem to be winning. The market’s dropped sharply since the end of July, bringing more pain each day. Furthermore, signs point to much of the touted “soft landing” victory cries being premature. Total Federal public debt hit an all-time high at $31.46 trillion in May. Consumers are
With stocks with high exposure to the artificial intelligence mega-trend pulling back recently, now may be the time to make an exit from overvalued AI stocks. Since late last year, when the launch of OpenAI’s generative AI chatbot ChatGPT kicked off a massive move by big tech into this new digital frontier, investors responded by
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