Rivian’s shares have plummeted more than 90% since its record-breaking IPO in 2021, dropping to $14.50 at the time of writing. This move places Rivian stock firmly within the beaten-down, previous high-flying category of EV companies out there. Rivian’s downfall is considerable, for several reasons. Of course, there are investors who lost a significant chunk
Stocks to sell
Artificial intelligence is the buzzword of 2023, and that has AI stocks exploding higher. Some names, like Nvidia (NASDAQ:NVDA) are a real driving force in AI. Others are just over-hyped AI stocks riding the coattails of giants ever-higher. Either way, we’re starting to see frothy price action among risky AI stocks, which has indirectly also been pushing
The price performance of Nio (NYSE:NIO) stock has been horrendous over the past year. However, NIO stock might have performed even worse, if not for the “growth resurgence” narrative. It’s one of the few things keeping shares in this China-based electric vehicle maker from capitulating. Bullish investors who have subscribed to management’s aggressive guidance have
As the race to survive in the electric vehicle world tightens, it’s probably time to consider with EV stocks to avoid. Besides Tesla (NASDAQ:TSLA) which is already a leader, there are several other EV makers who are trudging through the initial years of growth. However, the crowded market may make it difficult for many companies
How do most companies die? Some blow up spectacularly. Firms like Lehman Brothers and Long Term Capital Management left craters in the U.S. banking sector when leverage caught up with them. Others vanish in million-dollar buyouts. HP bought Compaq for $25 billion in 2002 and discontinued the trademark 11 years later. However, most companies die
Investors in the robotics sector need to carefully evaluate their portfolio as several risky robotics stocks are predicted to experience a decline. Companies categorized as overvalued or risky within the robotics industry may warrant consideration for selling. With expected downward trends, assessing these stocks’ financials and market position becomes crucial to make informed investment decisions.
The tremors of an unsettling banking crisis continue to shake the U.S. market landscape, putting investors on high alert. The unnerving drop in bank stocks has unsettled Wall Street, suggesting that it may be time to contemplate bank stocks to sell. Fears of substantial unrealized losses and ominous warnings over the banking outlook by experts paint
Blue-chip stocks are usually sturdy and reliable — But not always. Some well-run companies that are sector leaders fall behind. Whether it’s due to macroeconomic conditions, market forces or losing their competitive edge. Even stocks of companies that were once sure bets can turn on investors and fall into the red. While frustrating, the best
AMC Entertainment (NYSE:AMC) stock has experienced mixed news of late. On the downside, a reputable investment fund has reportedly sold its entire stake in the company. However, on the positive side, an analyst predicts potential growth for AMC based on anticipated box-office revenues. AMC Entertainment has gained attention from meme-stock traders and enthusiasts, known as
This month, QuantumScape (NYSE:QS) shares have modestly climbed in price. Is this due to any news directly related to QS stock? No. The electric vehicle battery startup has not made any big announcements in well over a month. As you may recall, QS last reported earnings on April 26, and released an up-to-date investor presentation
Tech stocks are flying high once again. However, some, including these seven make up the top tech stocks to avoid. The common theme among these seven companies is that they’ve enjoyed huge rallies despite rather uninspiring fundamentals. These aren’t necessarily bad businesses, but with skyrocketing share prices, these are now dangerously overvalued tech stocks. Don’t let the
It seems like anything and everything with an artificial intelligence (AI) angle is red-hot nowadays. This can help to explain why Upstart (NASDAQ:UPST) stock rallied in May and early June. Before you jump on the bandwagon and invest in Upstart, however, just remember that price-chasing can be bad for your financial health. As we’ll discover, AI
Are you ready for June 9? On that morning, before the U.S. market opens, China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO) will release an important set of data points. This could boost NIO stock, but I wouldn’t count on it. Much more likely, Nio’s loyal investors will continue to witness their holdings lose value. I warned
Are you wondering when to start trimming winning investments? If you have significant stakes in AI stocks, you’re likely pondering this now, as well as when to skim AI stocks for profit. Every company linked to artificial intelligence seems to enjoy a market-approved valuation boost. AI mentions in earnings calls have surged, matching the growing
The biotechnology sector has seen better days. From the heady days of the pandemic when companies were racing to develop a vaccine against Covid-19, the industry is now enduring a hangover as both demand and sales decline. This means there’s more than a couple biotech stocks to sell. The iShares US Pharmaceuticals ETF (NYSEARCA:IHE) that
The stock market is on the upswing, with more speculative companies in particular making big moves in May. As such, there’s a lot of interest in volatile penny stocks today. However, investors should avoid buying most penny stocks. In general, companies end up with a low stock price because of a structural problem, be it a failed
Time and time again, additional reasons emerge to dissuade financial traders from investing in electric vehicle manufacturer Lucid Group (NASDAQ:LCID). If you were thinking about buying LCID stock now, you should probably reconsider. There’s a recent disclosure from Lucid Group indicating that the automaker is willing to do almost anything to raise money at this point.
Figuring out which growth stocks to sell may be the last thing on your mind right now. After all, rising hopes for a pivot on interest rates by the Federal Reserve, plus secular growth trends such as accelerating adoption of artificial intelligence (or AI) have provided a massive boost for shares in fast-growing companies lately. However,
Artificial Intelligence has effectively transformed multiple sectors, but the meteoric rise of AI stocks has raised many eyebrows in financial circles. It has also led to an increasing focus on AI stocks to sell. The recent concerns stem from a potential “baby bubble” in this sector, as termed by the Bank of America (NYSE:BAC) analysts. Despite the
I’ve never been a fan of risky meme stocks. More often than not, they’re terrible companies with either faulty business models or lousy products and services. Worse still, they’re often penny stocks trading for less than $5. One of the last meme stocks I wrote about was AMC Entertainment (NYSE:AMC) in May 2022. It had