Stocks to sell

I’ll be frank here. I’m pretty surprised that GameStop (NYSE:GME) stock managed to hold on to at least a portion of its gains in 2021. GME stock opened the year at $19 a share; today, it’s at $154. Source: Shutterstock / mundissima Much of that is due to GameStop’s huge, loyal following on Reddit’s r/WallStreetBets.

Sometimes a stock mysteriously rises without any identifiable logic. That’s essentially what happened in the case of AeroClean Technologies (NASDAQ:AERC) stock, which rose meteorically, only to quickly plummet.  Source: Maridav/ShutterStock.com It is really a very strange tale in the world of the stock market. There’s plenty of precedent in recent times for strange tales within

From a topical perspective, Opendoor Technologies (NASDAQ:OPEN), despite an overall challenging economic environment, offers investors reason to believe in OPEN stock. Source: Tada Images / Shutterstock.com Yes, inflation in the housing market seems well overstretched, possibly due for a correction, but then, data is king. The data shows that housing prices in the U.S. keep

Despite its massive drop in price since last winter, there’s still a lot of optimism for Desktop Metal (NYSE:DM). Given the potential growth the additive manufacturing (3D printing) industry could see in the coming years, I understand why many may continue to give the company some slack and hold onto their positions in DM stock. Source:

I’m often a contrarian voice on stocks. But when it comes to AMC (NYSE:AMC) stock, I embrace what appears to be the view of most pundits and analysts. Source: rblfmr / Shutterstock.com Specifically, I agree that AMC’s shares have peaked and that they are headed much lower. Indeed, with movie theater attendance still very low

Phunware (NASDAQ:PHUN) stock apparently soared in October due to its connections to cryptocurrencies and the 2020 reelection campaign of President Donald Trump. Phunware’s software allows companies “to engage, manage, and monetize their mobile applications.” Source: mundissima / Shutterstock.com Because of Phunware’s links with the Trump campaign, some investors believed that the company would be utilized

AMC Entertainment (NYSE:AMC) stock may have begun its final descent. Source: viewimage / Shutterstock.com If the market gods are real, they certainly have a twisted sense of humor. At the beginning of this year, Wall Street was forced to recognize a new phenomenon: meme trading. In this case, AMC, which appeared on the verge of

Ocugen’s (NASDAQ:OCGN) chances of finding success with its Covid-19 vaccine candidate Covaxin have continued to drop. So, too, has the price of OCGN stock. Trading for around $7 per share when I last wrote about it, today it’s around $4.90 per share. Source: shutterstock.com/PhotobyTawat Now, not all of its recent slide can be chalked up to

“What a difference a year makes” is the best way  to describe the situation of ContextLogic (NASDAQ:WISH). A year ago, WISH stock was marking its debut on the Nasdaq Exchange, via an IPO that priced it at $24 per share. Source: sdx15 / Shutterstock.com Today the shares of the e-commerce company which operates the Wish.com platform

Several reports say the U.S. is planning to add eight more Chinese firms, including the country’s largest commercial drone maker, to its investment blacklist before year’s end. U.S. investors are barred from taking stakes in companies on the list, which currently comprises about 60 firms. The report prompted a selloff in Chinese stocks listed in

Tilray (NASDAQ:TLRY) stock has been on a negative run for the past six months, dipping more than 50%. Hence, the recent pullback is quite intriguing. Source: Jarretera / Shutterstock.com However, it trades at 3.79 times forward sales, which is pricey despite Tilray’s encouraging performance in the past year. Tilray is one of the largest marijuana

Meme stocks have been a dominant retail investor phenomenon polarizing the markets in 2021. And love them or hate them, meme stocks persist. Pundits have long speculated that the bottom will fall out of the overall movement. But that hasn’t happened yet — and it simply may never happen.  The truth is that demand buoys

Shares of MicroVision (NASDAQ:MVIS), a technology company developing lidar sensors primarily for the automotive industry supporting autonomous driving applications, have had an interesting 2021. So far, MVIS stock reached meme stock status, hit a 52-week high of $28 a share, and crashed to a current price of $6.02, as of Dec. 16. Source: temp-64GTX/Shutterstock.com Looking

I have been deeply skeptical of ContextLogic (NASDAQ:WISH) stock, as you might have guessed if you read my last article about WISH stock on June 18. Source: sdx15 / Shutterstock.com The title of that article, “Wish Stock Is Cheap, But Not a Bargain,” displayed my belief that WISH stock was not going to rise anytime

Disciplined investors who avoid political and country risks would not look at Alibaba (NYSE:BABA). The crackdown on technology companies is hurting the e-commerce giant. The U.S./China trade war, which began during the last U.S. administration and is continuing through President Joe Biden’s administration, is not helping BABA stock. Source: testing / Shutterstock.com China ordered Didi

Investors generally look at a company’s business prospects, its sector, and the general macroeconomic outlook in deciding whether or not to own an investment. That’s with good reason. However, it’d be a mistake to overlook company CEOs, as well. Sometimes, even a business that is seemingly in the right place at the right time will

Canoo (NASDAQ:GOEV) has been a volatile EV stock in 2021. It’s rallying in November, but GOEV was declining in March and April. It’s seen gains of about 38% in the past 3 months, but it’s down about 52% over the past 12 months. Source: shutterstock.com/rafapress The volatility isn’t just news-driven, as it should be, but also

Cloudflare (NYSE:NET), the cloud-based security technology company, produced excellent top-line numbers for Q3. However, NET stock has been falling lately, just as I predicted, mainly due to its overvaluation. Analysts are now starting to accept this and offering downgrades. Source: Sundry Photography / Shutterstock.com I recently wrote about this in my article last week. I

I’ve been trying to convey to investors for a while now that a good company doesn’t necessarily make for a good stock buying opportunity. Network security technology provider CrowdStrike (NASDAQ:CRWD) is a great example of this concept. CRWD stock was a hot commodity in 2020 and the better part of 2021 as retail money flooded

Momentum-focused traders won’t like this one — not at all. Nashville-based dental aligner designer SmileDirectClub (NASDAQ:SDC) is definitely out of favor on Wall Street, as the price trajectory of SDC stock is clearly to the downside. Source: Helen89 / Shutterstock.com On the other hand, some value hunters might perk up at the thought of buying SmileDirectClub