Stocks to sell

2023 was a rough year for electric vehicle space. Industry leaders like Tesla (NASDAQ:TSLA) have seen their shares dramatically underperform as traders focus on other fields like artificial intelligence and semiconductors. It’s not just sentiment, though. EV firms struggle to generate much profitability amid intense competition and an unfavorable macroeconomic backdrop. It seems a period of consolidation

When considering a long-term framework, there’s a lot to like about online personal finance company SoFi Technologies (NASDAQ:SOFI). Throughout 2023, the company’s brand equity has steadily grown among U.S. adults. Even better, the message has resonated with its core demographic: high-earning young adults. Since millennials and Generation Z represent the future, the narrative seems compelling

AMD (NASDAQ:AMD) stock has started off the year strong with the share price up nearly 50% YTD. They have been a market darling in the AI race, as the company plans to release their MI300 AI chips in 2024.  While AMD boasts impressive long term growth prospects in the AI GPU market, some factors suggest

Tesla (NASDAQ:TSLA) stock remains the world’s most valuable auto company, and by a wide margin. With a market cap of $558 billion, it’s worth $230 billion more than Toyota Motor (NYSE:TM), which is second at $329 billion. But the lead is narrowing. Toyota stock is up 75% over the last year. Tesla’s is flat. No

Rivian (NASDAQ:RIVN) shareholders got some much-needed good news on March 7 when it unveiled its R2 SUV at a company event in California. The news boosted RIVN stock by more than 10%.  However, the bigger surprise  — the R2 unveiling was leaked in the week leading up to it — was the unveiling of a prototype

Tesla (NASDAQ:TSLA) stock has continued to get hammered in 2024, with the stock down more than 25% this year alone. This move, in line with outperformance from the company’s peers, has led TSLA stock to drop out of the top 10 most valuable companies list on the S&P 500 for the first time in a

LCID (NASDAQ:LCID) stock is having a rough year thus far with the stock down nearly 25% YTD. The electric vehicle company has failed to meet investor expectations and their long term growth prospects remain questionable.  Lucid has had itself an abysmal operational year in 2023, failing to meet its vehicle delivery targets. Additionally, the company

GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) saw their shares skyrocket in early 2021 after several Reddit users incited a rally. Investors may have largely lost interest in these two stocks. However, a number of other meme stocks are loved by r/WallStreetBets currently. Maybe they shouldn’t. U.S. equities are in the midst of a rally with the Nasdaq and S&P500

I often note that the ongoing downturn in the EV market could present a strong buying opportunity for aggressive investors. However, that sentiment doesn’t apply to all EV stocks. Not all EV companies are created equal, and some huge discrepancies make certain EV stocks worth steering clear of. The only position you’d want in these

Beware of falling for value traps! In today’s challenging market environment, some stocks may look enticingly cheap on the surface. But if you peer a little deeper, you’ll realize many of these companies are just barely staying afloat, waiting out their last days or hoping for a miracle turnaround. While many startups stand little chance

In the world of China-based EV producers, Nio (NYSE:NIO) remains a top option many growth investors continue to pay close attention to. Unfortunately, NIO stock has continued to trade in a rather bearish fashion, now hovering just above its 52-week lows. Of course, the overall EV sector has been hit by growth concerns, as competitive

Intel (NASDAQ:INTC) has pulled back slightly since January, but at around $45.29 per share today, INTC stock remains at price levels well above its 52-week low ($25.97 per share). It’s not surprising that the chip maker’s shares have held onto the lion’s share of these recent gains. The market remains somewhat bullish about Intel’s AI

Lithium-ion batteries are better than lead-acid batteries because they are more efficient and offer greater capacity. Solid-state batteries go one better, offering even more capacity which allows for longer distances traveled on a single charge. They are also lighter, safer and offer faster charge times. However, making them at scale to power a vehicle is

When it comes to figuring out what are the stocks to sell now, bearish analyst ratings are an important factor to consider. The sell-side typically doesn’t issue many “sell” ratings. In fact, a majority of ratings are “buy” or equivalent, with around 5%-10% being “sell” or equivalent and the rest “hold” or equivalent. As I

In 2024, investors are wondering if artificial intelligence (AI) stocks are the latest bubble that is doomed to burst. But right now, FOMO reigns supreme. And as investors shift money into AI stocks, they’re pulling money out of other sectors such as electric vehicles. Whether you like EV stocks or not, now is not the time

Overall, it’s certainly great for investors that we’ve entered the phase of the bull market in which nearly everyone is becoming much more upbeat about stocks. After all, it’s obviously much easier to make money now in the market than it was last year and many times easier than was the case in 2022. At

Some stocks just aren’t worth owning. This is especially true when the company has fallen on hard times, lost its competitive edge, and is trying to turnaround its business. While investors might be attracted to the stock of a company that is in turnaround mode, especially if that company is a storied brand that was

The artificial intelligence trend is still in full swing, and right now the market is enamored with AI server manufacturer Super Micro Computer (NASDAQ:SMCI). However, even if you’re ultra-bullish about AI hardware, there’s no need to pay an exorbitant price for SMCI stock. Granted, Super Micro Computer posted impressive quarterly results and is about to

Rivian Automotive (NASDAQ:RIVN) and other early-stage EV companies posted disastrous Q4 earnings. Last week, RIVN stock made quite the waves in the startup EV industry (for the wrong reasons), plunging to its lowest levels in a year.  The EV stock bubble peaked in Q4 2021, just when Rivian went public, with Tesla’s (NASDAQ:TSLA) market cap

Are you feeling good about the stock market? You should. The market continued to show strength in early 2024, which is all the more reason to rid your portfolio of F-rated stocks. When the stock market’s this strong, it’s no time to consolidate your positions around bottom-dwellers at bargain prices. This is a time to