Stocks to sell

In the wake of Lucid’s (NASDAQ:LCID) fourth-quarter results, reported on Feb. 28, Wall Street and the media seem to be very focused on the reduction in the automaker’s production guidance. Conversely, I’m much more interested in another metric that’s tremendously more important for the long-term outlook of LCID stock: demand. Source: Around the World Photos

Lumen Technologies (NYSE:LUMN) stock, formerly known as CenturyLink, is not going to be worth investors’ capital. This is despite recent earnings which provide some reason for optimism. Some investors might want to show Lumen Technologies some optimism and invest their capital.  Source: Postmodern Studio / Shutterstock.com But take a long-term view on this stock and

Easily my least favorite stock to cover, Vinco Ventures (NASDAQ:BBIG) is the bane of my existence. While some companies can be rather obfuscating regarding what they actually do, Vinco really takes the cake. It’s a self-inflicted stun grenade — or flashbang to use special operator parlance — one that leaves BBIG stock staggering in a

Boeing (NYSE:BA) stock effectively symbolizes the strength of U.S. diplomatic influence and its military prowess. However, the thorns of interconnectivity raise big questions for the company. Source: vaalaa / Shutterstock.com As you know, the Biden administration along with western allies have imposed severe sanctions on Russia following its decision to invade Ukraine. Due to the

The consensus of the InvestorPlace brain trust is that AT&T (NYSE:T) becomes a better company once it completes the WarnerMedia spinoff and subsequent merger. That might be true, but that doesn’t make T stock a buy. Source: Shutterstock Here’s why I feel this way. T Stock Trades at 1996 Prices As I write this, AT&T’s share

Does the world really need another electric vehicle (EV) start-up? This is the question which California-headquartered Mullen Automotive (NASDAQ:MULN)  — and really, anyone considering investing in MULN stock — will need to answer. Source: Shutterstock It’s going to be difficult for Mullen to justify its existence, as there are plenty of EV manufacturers already and

With DraftKings (NASDAQ:DKNG) continuing to face very tough competition that’s severely undermining its profitability and also about to deal with an important, near-term hurdle, the outlook for DKNG stock remains poor. Source: Lori Butcher / Shutterstock.com Given the intense competition that DraftKings is facing, I’m unsure if the company will ever be profitable. DraftKings is facing

Three years ago, I warned against buying stock in Nio (NYSE:NIO), the Chinese luxury electric vehicle (EV) maker.  At the time, the stock was selling at $6 per share. Source: Robert Way / Shutterstock.com I was wrong. Two years ago, as the Covid-19 pandemic began, China’s government put a floor under the NIO stock price.

Much like its corporate name, sentiment about Block (NYSE:SQ), formerly Square, seems to change at the drop of a hat. Before, the crowd was avoiding SQ stock in droves. Source: Sergei Elagin / Shutterstock.com Partially due to the cycling out of tech, but mostly due to growing bearishness about its prospects, shares in the fintech

Tritium DCFC Limited (NASDAQ:DCFC) is a designer, manufacturer and supplier of current chargers for electric vehicles (EVs) across the globe. The company was incorporated in 2001 and is based in Australia, but it made headlines when it went public by combining with Decarbonization Plus Acquisition Corporation II. In other words, DCFC stock went public via

When it comes to gambling, they say, “the house always wins.” But that hasn’t been the case with DraftKings (NASDAQ:DKNG) and DKNG stock. The i-gaming and online sportsbook operator has captured a large share of the fast-growing U.S. internet gambling market. Source: Tada Images / Shutterstock.com The problem is that it spends around $2.83 on expenses

Embattled theatre chain operator AMC Entertainment (NYSE:AMC) stock has picked up in the past month. A lot had to do with its somewhat encouraging preliminary fourth-quarter results. Source: Helen89 / Shutterstock.com It’s now released its final fourth-quarter earnings results, which are nothing to feel joyful about despite showing progress. AMC stock continues to trade at

Cassava Sciences (NASDAQ:SAVA) is a clinical-stage biotechnology company trying to fight and cure Alzheimer’s disease. Its laudable mission is “to detect and treat Alzheimer’s disease.” The “mission” of SAVA stock, on the other hand, is unclear. Source: Pavel Kapysh / Shutterstock.com Since 2016, this biotechnology company has had no revenue at all. None. This is a

Evidence strongly indicates that the Chinese government is continuing to intentionally harm Alibaba (NYSE:BABA). Meanwhile, the company’s recently released third-quarter results for BABA stock were uninspiring. Source: Nopparat Khokthong / Shutterstock.com Its cloud business, after existing many years, is still losing money. Given all of these points, I remain bearish on BABA stock. Indeed, I

There really isn’t any good news in relation to DiDi Global (NYSE:DIDI) stock. Bottom fishers could concoct some sort of bullish thesis about the beaten down Chinese ride share stock in an effort to convince investors to get on board. That might convince a little bit of capital to rush into the shares. But at

Six months before Enron fell more than 98%… When Wall Street and the media were still praising it as a great company to buy… Louis Navellier’s legendary stock grading system flashed an urgent warning to get out. Unfortunately, thousands of everyday people missed out on this warning and were led right into the historic collapse.

Vinco Ventures (NASDAQ:BBIG) is a complicated company. Vinco is planning to merge with ZASH Global, it is acquiring digital advertising service AdRizer and it is spinning off its crypto business, Cryptyde. As a result of all these moves, BBIG stock has been quite volatile. Source: vincoventures.com Over time, however, it’s becoming clear that Vinco faces

If you go bottom-fishing for value, you might get trapped. This is a harsh lesson that California-based Skillz (NYSE:SKLZ) is unintentionally teaching investors as SKLZ stock just keeps on printing fresh lows. Source: Dennis Diatel / Shutterstock.com Now, this might sound appealing to value-focused investors. After all, you’re supposed to buy low and sell high, right?

Headquartered in Burlington, Mass., Desktop Metal (NYSE:DM) is an additive manufacturing company that’s mainly known for its 3D printing business. The terms “additive manufacturing” and “3D printing” might entice technology investors to consider a long position in DM stock, but be careful. Source: Pixel B / Shutterstock.com It’s entirely possible to believe in a business niche,

AMC Entertainment (NYSE:AMC) announces its Q4 2021 results today after the market closes. While they’re expected to be positive, that won’t save AMC stock. Source: Helen89 / Shutterstock.com In early February, I suggested that AMC’s best year from a financial perspective was 2018 when revenues were $5.46 billion with $265 million in operating profits.  Heading