Stocks to sell

With the movie-theater sector continuing to face very tough challenges and AMC (NYSE:AMC) still carrying a tremendous debt load, AMC stock remains tremendously overvalued, and its long-term outlook is terrible. Theaters Are Still Struggling In line with my previous predictions, movie theaters are struggling, even though the coronavirus pandemic is in the rearview mirror. Since
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These are precarious times for the U.S. housing market, and related homebuilder stocks. High-interest rates, a slowing economy, and a recent banking crisis are bad omens for the real estate market. And some analysts are now warning of a housing correction, as others forecast a full-blown crash. Worse, the Dallas Federal Reserve says a new
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Following last month’s banking crisis, investors are on the prowl for bargains among financial stocks. When searching for low-priced bank stocks on a screener, Ally Financial (NYSE:ALLY) stock is likely to pop up. Changing hands for around $25 per share today, this automotive-focused bank also trades at a sizable discount to its book value of
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We’re starting to see a shakeout in the electric vehicle (EV) sector as some automakers pull ahead and others fall behind. With established motor vehicle makers such as General Motors (NYSE:GM) and Toyota (NYSE:TM) spending billions to electrify their fleets, it’s getting harder for smaller start-up companies to compete. Plus, some of the bigger players, such as Tesla (NASDAQ:TSLA) have slashed prices to
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When stock markets ended the first quarter of this year with strong gains, speculators bought the most short-sold stocks. They bet that despite the deteriorating business conditions, the stock would overcome unfavorable valuations. Although bears hold a high short float against the stock, traders are betting on a short squeeze. The stock price rises rapidly
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To immediately answer the question posed by the headline of this column, I believe that Lucid (NASDAQ:LCID) and LCID stock are headed for much worse fates than Nikola (NASDAQ:NKLA) and NKLA stock. Moreover, the longer-term outlook of NKLA is much better than that of LCID. Unless Lucid can change its overall strategy or suddenly create buzz about itself and
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The discussion around artificial intelligence (AI) has taken a dark turn. In recent days, a number of well-known technology leaders, including Tesla (NASDAQ:TSLA) CEO Elon Musk and Apple (NASDAQ:AAPL) co-founder Steve Wozniak, signed an open letter calling for a pause in the development of generative AI that they say poses high-level risks to humans and society. The strongly worded letter stated:
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When I last wrote about Bed Bath & Beyond (NASDAQ:BBBY) earlier this month, I talked mainly about the struggling retailer’s recent financing transaction with Hudson Bay Capital Management, and what it meant for BBBY stock in the future. In a nutshell, I argued that Hudson Bay was making an asymmetric wager on favorable terms, yet
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Investors are always looking for a good bargain. And companies whose share prices have plunged can represent great buying opportunities if conditions are right. But there are some stocks to avoid at any price given their operating losses and flawed business models. Traders tolerated large losses in recent years if a company seemingly had a
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