Stocks to sell

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
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
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:
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
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
There were some big changes made to the S&P 500 on March 17, with several well-known stocks getting reclassified. For instance, Target (NYSE:TGT), Dollar General (NYDE:DG) and Dollar Tree (NASDAQ:DLTR) are now classified as consumer staples rather than consumer discretionary stocks. And Visa (NYSE:V), Mastercard (NYSE:MA) and Paypal (NASDAQ:PYPL) have been moved from the technology
It may be tempting to go bottom-fishing with bank stocks. However, you need to pick and choose your assets carefully. Ally Financial (NYSE:ALLY) stock might appeal to some traders because of takeover rumors that are floating around. Be careful if you’re making investment decisions based on gossip, though. Besides, Ally Financial has significant problems that you