Stocks to sell

The very sharp increase in interest rates since March 2022 has caused the number of home sales to plunge. That’s because many consumers prefer to stay in their current homes. These homeowners are paying very low interest rates. If they moved into new homes, they would probably pay much higher rates. In October, an index

Tilray (NASDAQ:TLRY) stock has faced a steep decline, plummeting more than 99% from its $300 2018 peak. The Canadian cannabis market fell short of growth expectations, leading to challenges. Tilray is diversifying its business model with craft brewing ventures. With the stock trading under $2 per share, newfound delisting concerns that are plaguing the stock.

Underperforming bank stocks are casting a shadow over the U.S. financial landscape on the back of diminished investor confidence, shaken by the March banking crisis. The banking sector, still reeling from the Silicon Valley Bank collapse and struggles of smaller lenders, has yet to see the same benefits of rising interest rates. This bleak scenario

The Nasdaq has rebounded strongly since the start of 2023, gaining more than 10% in the past month. The index has benefited from the positive economic data that showed a slowdown in inflation and consumer spending, easing the pressure on the Federal Reserve to raise interest rates further. However, not all tech stocks have participated

The year 2023 has been a volatile one for the equities markets and investors, especially for those playing in the small-cap space. The S&P500 and Nasdaq faced an extended sell-off and even entered “correction” territory between August and November, as investors worried about inflation and the impact of the Fed’s rate hikes.  Fortunately, the recent

As a proud Canadian, it bothers me that Canadian airlines rank last for on-time arrivals in North America. While not surprising, given most Canadians aren’t known for seeking competence from their duopolistic domestic businesses, American investors are wise to put Canadian airline stocks at the top of their list of Canadian stocks to avoid.  Fortunately,

In the unpredictable terrain of the stock market, meme stocks to avoid have become a critical watchlist for investors. The social media-driven phenomenon has effectively turned stocks you’d typically avoid into viral sensations, leading to temporary price surges as communities rally to boost their value. While this could potentially lead to short-term gains, the underlying

This has been a rough year for the real estate investment trusts. While the S&P 500 index is showing returns of nearly 20% in 2023, many of the top REIT exchange-traded funds are barely holding their own. There are plenty of REITs to avoid these days. REITs own and manage income-generating real estate properties, everything

Once a blockbuster hit in the financial markets, Nio (NYSE:NIO) stock can’t seem to gain traction in 2023. Will next year be any better? Don’t get your hopes up, as the recent news items pertaining to Nio don’t give a very positive impression. China-based EV manufacturer has the unenviable task of competing against Tesla (NASDAQ:TSLA), which started an

Since plunging during the summer, Nio (NYSE:NIO) stock slid lower. This is not surprising, given how the latest news and developments bode badly for the company’s future prospects. Many investors are optimistic about shares rebounding soon, as has happened several times in the past following any spark of good news. Then again, this time, it

Tech stocks are in the green in 2023, but not all fintech stocks have fared well. PayPal (NASDAQ:PYPL) stock certainly hasn’t been a winner this year, and the near-term prospects aren’t great. It’s a textbook example of the principle that just because a stock has declined sharply doesn’t mean isn’t a bargain. PayPal stock gets a “D”

When an investor’s interest in a company starts to soar due to positive news, an acquisition, an earnings beat, and a number of other events, it usually causes a drastic increase in the underlying stock price. A situation many investors find themselves in is wanting to buy into a company that is on a great

After a strong first half of 2023, Tesla (NASDAQ:TSLA) faced challenges with price cuts, reduced margins, and disappointing delivery growth, leading to a decline in stock value. This move has come amid what many contend will likely be a weak demand period for high-priced EVs, suggesting margin compression may be on the horizon. Indeed, CEO Elon Musk

The Electric Vehicle industry is nothing like it was in 2022. This year has been difficult and many EV makers are glad that it is coming to an end. With high-interest rates, rising inflation, and low consumer spending, the demand for EVs has dropped. Several EV makers had to trim their production targets and restrict

Palantir Technologies (NYSE:PLTR) has shown strong performance this year, given investor interest in AI stocks. The company’s earnings reports provided plenty of optimism and fueled this rally. However, with the company’s government revenue slightly below expectations at $308 million, while commercial revenue rises 23% to $251 million, there’s room for discussion concerning how good these numbers were. Of course,

If you’re going to invest in an electric vehicle manufacturer in 2023 and 2024, you need to be selective. EV demand is slowing, and Rivian Automotive (NASDAQ:RIVN) isn’t necessarily the best pick of the bunch. The best grade we can assign to RIVN stock is a “D” and prospective buyers should spend extra time on their due

As the U.S. Senate rallies to lower broadband costs, it’s a pivotal moment for investors to scrutinize telecom stocks. Amidst this legislative whirlwind, key initiatives have emerged as game-changers. Firstly, Senator Jacky Rosen (D-NV) and 31 colleagues advocate fervently for the Affordable Connectivity Program funding extension. This vital program, a lifeline for countless households, ensures

2023 has ended up being a solid year for stocks. Despite inflation, war, and other worrisome headlines, the market indexes managed to shrug off the negativity and appear set to close the year near the highs. With the rally, however, some stocks have run far ahead of their fundamental underlying value. These three S&P 500

At the end of September, long-time MarketWatch contributor Mark Hulbert wrote a piece that argued the S&P 500 was still overvalued despite a recent 6% correction. Since that article appeared, the index has gained another 5%, suggesting the November rally has produced several overbought stocks. Hulbert’s article pointed out that the average price-to-sales and price-to-earnings

Investor views on the gas market could be better with demand slowing and prices decreasing. The market’s sentiment may continue to linger on the bearish side. The commodity has already accumulated a loss of 17.5% in November. It aligns with the outlook on some companies that operate in the same business due to their close