In navigating the turbulent waters of the stock market, it’s probably the right time for investors to identify the worst performing EV stocks to sell as a potential downturn looms. The gathering clouds of uncertainty suggest a need for portfolio reevaluation, particularly concerning high-risk sectors such as the EV sphere. The promise of long-term returns
Stocks to sell
There are plenty of electric vehicle manufacturers out there that you can invest in. Frankly, there’s no compelling reason to choose Nikola (NASDAQ:NKLA) stock in particular. If Nikola’s CEO has his way, there could be more NKLA stock in circulation this year. Besides, Nikola is facing a delisting threat, so there’s no need to enter
Summer is in full swing. June can be a great time of the year. It’s time to go to the beach, catch some rays and unwind. But if you’ve got F-rated stocks to sell in your portfolio, June won’t be fun for you at all unless you take some swift action. Historically, June isn’t a
Few are expecting Rivian Automotive (NASDAQ:RIVN), which went public at $78 per share, and at one time traded for as much as $172.01 per share, to ever re-hit its high-water mark. However, there are plenty who believe that RIVN stock could at least make a partial comeback. Over the past month, commentators and investors alike
If a well-established firm made a sizable investment in electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID), does that mean you should buy LCID stock now? Not necessarily. Lucid Group’s pricing strategy seems to exclude a large number of automotive buyers. There’s evidence that Lucid might even be aware that its EVs are too expensive, but the
The landscape looks quite grim as we assess underperforming energy stocks. Despite the anticipation that China’s economic reopening would rekindle some lost vigor, many energy stocks are in a troubling position. Mounting oil inventories and growing concerns over recession have compelled investors to ponder over which energy stocks to sell in June to cut losses.
Since mid-May, shares in Lucid Group (NASDAQ:LCID) have found some support from the market. During this time, LCID stock has experienced a double-digit percentage rally, moving from around $7 per share, to around $7.75 per share. With this slight rally, some investors may now believe shares in this electric vehicle (or EV) stock has finally
Before diving into the discussion of overvalued stocks due for correction, we need to establish one thing about this list: every company you see here represents a fundamentally sound business. In other words, the focus of this narrative centers on trimming exposure. We’re absolutely not here to discuss shorting embattled organizations, which is a different
Navigating the financial sector’s tumultuous waters has been incredibly challenging, especially with the unexpected collapse of Silicon Valley Bank in March. This event has cast a long shadow over the sector, causing bank shares to struggle and putting Wall Street on high alert. Amidst this uncertainty, short-sellers and fundamental investors seeking value are looking to
While the concept of market success glamorizes taking shots on potential winners, a holistically positive plan can’t ignore stocks to cut losses on. In other words, it doesn’t really matter if you pick a handful of moonshots if the other losses in your portfolio end up sinking your net holdings into the red. At some
Amid 2023’s continued stock market drama, homebuilder stocks have remained surprisingly resilient even as analysts predict an imminent crash. But homebuilder financial and operational reporting is built on a foundation of lagging indicators. Those indicators may be catching up to reality. The homebuilding market is rife with examples of the bullwhip effect; changes in consumer
Buying stocks and purchasing homes are similar in some ways. For example, homebuyers want to buy a house at a cheap price, but they get suspicious if the price is too low. Investors feel the same way when it comes to buying stocks. That’s because if the price of a home or a stock is
Since Facebook formally changed its name to Meta (NASDAQ:META), the Metaverse has been a siren song for investors and companies alike. Billions of dollars have been dashed upon the rocks chasing metaverse profit that often failed to materialize. In such times, wise investors need to cut their losses and sell the metaverse stocks that fail to deliver.
While there are plenty of bargains to buy among penny stocks, there are also a good amount of overvalued penny stocks to sell. While significantly lower-priced now than they were at their respective high water-marks, many of these stocks are hardly bargains, trading at valuations unsustainable relative to their current operating performance. Rather than having high
Investors are looking for government-dependent stocks to avoid during the debt ceiling drama. At first glance, the debt ceiling might not seem like a big deal. After all, it is something of an artificial limit. Historically, Congress always raises the debt ceiling and the federal government continues its deficit spending as if nothing had happened.
Navigating the tumultuous housing landscape can be a nerve-racking endeavor for long-term investors. With towering home prices, escalating mortgage rates, and a shrinking inventory, the echoes of a potential housing market crash are difficult to ignore. Hence, investors may want to consider which stocks to avoid, if the housing market tanks. The housing market’s health
There’s no denying that Shopify (NYSE:SHOP) stock hit a grand slam with the company’s quarterly results, released earlier this month. It’s also encouraging to know that Shopify plans to focus on its core e-commerce business and will cut costs by reducing its headcount. On the other hand, investors might want to take it slow with SHOP
The phrase “from bad to worse,” may sound cliché, but it is perhaps the best way to describe the current situation with Mullen Automotive (NASDAQ:MULN). Over the past few weeks, MULN stock has kept rapidly depreciating in value. A grab bag of longstanding risks continues to persist. If that is not bad enough, there’s one
Not all bank stocks are bad ones. Finding some gems out there is certainly possible, but I won’t be beating down the bushes looking for opportunities in the banking sector. These days there’s more to dislike about bank stocks than there is to appreciate them. Regional bank stocks are depressed because of the Silicon Valley
For more than two months, shares in electric vehicle maker Rivian Automotive (NASDAQ:RIVN) have languished at prices in the low-to-mid teens per share. That’s a far cry from the more than $30 per share RIVN stock traded for as recently as December. This former hot stock’s high-water mark was $172 per share, hit not too long
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