Like many investors, I’m sure you’ll be more than happy to bid adieu to 2022, and to portfolio laggards. In fact, to help get you started, here are several growth stocks to sell. The end of the year is no time to be sentimental. Instead, it’s time to cut your losses and sell stocks that are
Stocks to sell
Technology stocks are showing some signs of life with the Nasdaq Composite up nearly 10% over the past four trading days. The renewed interest in growth stocks has been triggered by lower-than-expected inflation readings. The hope is that the Federal Reserve will begin to ease its aggressive rate-hiking campaign. However, the recent data is far
As we look ahead to next year, we must consider which stocks to sell and which opportunities to pursue. This year has been about de-risking portfolios, and that trend will likely continue for the foreseeable future. Stocks have been under duress for several months now, and the trend isn’t going away anytime soon. The Federal
Advanced Micro Devices (NASDAQ:AMD) stock is zooming, but does this mean that the company’s business is booming? Before you answer this question, be sure to check the chipmaker’s financials. Then, closely listen to Advanced Micro Devices CEO’s words of warning. Only then can you make a fully informed decision. When all is said and done,
Last week, SoFi Technologies (NASDAQ:SOFI) shares made a sharp move higher. Between the market close on Nov. 9, and the market close on Nov. 11, SOFI stock surged by a total of 19.5%, briefly re-hitting the $6 per share price level. Much of this big move higher had to do with the broad market rally
Undoubtedly, electric vehicle stocks have been on a roll in recent days. Sparked by positive comments about the sector from Chinese President Xi Jinping, the lack of a big Republican victory in America’s recent congressional elections, and China’s reopening initiative, the beleaguered sector is definitely in the midst of a comeback. Another factor that may
There are many misconceptions about dividend stocks. The conventional wisdom is that dividend stocks are safe investments that provide shareholders with a steady and reliable income stream. To that end, many investors assume that the higher the dividend yield, the better. Not so fast. Often, a high dividend yield is a sign of trouble. Unusually high
The explosive stock market rally seen on Nov. 10 may have invited some investors to start thinking this downturn is coming to a close. However, before you make the move from “risk-off” to “risk-on,” there are certainly concerns to consider. That goes double for those planning to dive back into speculative investments. There are plenty
Things seem to be getting worse in China. In recent months, Chinese President Xi Jinping has consolidated his grip on power. He’s pledged to return China’s economy to its socialist roots and move away from the free market path it had been on. This follows more than a year of crackdowns on publicly traded Chinese
At long last, after taking a beating all year long SoFi Technologies (NASDAQ:SOFI) stock had a good day. On Nov. 1 share shot higher after SoFi released its third-quarter 2022 financial results. Yet, those gains were quickly coughed up as SOFI stock retreated over the next couple of days. Investors must ask themselves: Why did this happen, and
Like many of its FAANG peers, Amazon (NASDAQ:AMZN) stock has experienced a post-earnings plunge in recent weeks. Following the cloud computing and e-commerce giant’s latest quarterly earnings release, AMZN stock has hit multi-year lows. More or less, the stock has fallen back to price levels last seen at the start of the Covid-19 pandemic. Considering
As interest rates (and the chance of a recession) keep rising, the likelihood we see this bear market in tech stocks continue into 2023 increases. However, while some high-quality, reasonably-priced names in the sector may make for great long-term buys right now, there are quite a few tech stocks to avoid. Despite the significant multiple
There’s a decent chance that any stock investment is bound to decline in value right now. The Federal Reserve recently instituted its fourth consecutive 75 basis point (0.75%) interest rate hike. This move signaled that the ultimate terminal rate required to bring down inflation may be higher than initially anticipated. For most stocks, this has
Meme stocks represented one of the most remarkable developments in the equities space during much of the new normal. However, by 2022, this sector received a very rude awakening. To be fair, this space enjoys backing from powerful Internet communities, making a shorting proposition wildly risky. So, that’s not what I’m going to talk about.
For years, investing in growth stocks was the key to building an incredible long-term portfolio. Investing in such stocks resulted in oversized returns, which enabled investors to build a robust portfolio. However, given the wild market gyrations, growth stocks have dipped to multi-year lows. Though this may seem like an excellent opportunity, it’s more prudent
In the dumpster fire that is the U.S. stock market in 2022, the Dow Jones Industrial Average is the only one of the major indices that is not currently in a bear market. Year to date, the blue-chip index is down around 10% compared to a 21% decline in the S&P 500 and a 33%
Although an uncomfortable subject based on financial sensitivities, the topic of Nasdaq stocks to avoid cannot be avoided much longer. To be clear, it’s not so much about the companies specifically. Rather, with the Federal Reserve committed to its hawkish monetary policy, borrowing costs will rise. With that, the incentive for expansion-driven protocols will likely
Suffice it to say, microprocessor manufacturer Intel (NASDAQ:INTC) stock has disappointed its investors for the majority of 2022. However, financial traders went into a feeding frenzy with INTC stock after the company reported its quarterly earnings. They apparently ignored a number of issues that Intel is still facing. Furthermore, one analyst reaffirmed a $20 price target
If there’s one thing we learn in a market crash, it’s that no company is too big to fail. The financial crisis of 2008 had plenty of memorable examples, from Lehman Brothers to Circuit City. But one other legacy of 2008 is that too many investors fixate on “bull markets” and “bear markets” in stocks… Even
When it comes to certain stocks to sell, being overly optimistic can become a liability. No, this is not a popular topic by any means, usually arousing anger among the investing faithful. However, everyone must realize that when it comes to money, it’s best to look out for number one. And if that means dumping