The EV sector is broadening out, with other high-quality options other than Tesla to invest in Source: Arina P Habich / Shutterstock.com Tesla (NASDAQ:TSLA) stock has a roughly $560 billion valuation, down more than 50% from its peak with more downside possible. TSLA reduced production to align with demand in key markets because of declining […]
Source: Tada Images / Shutterstock Apparently, there’s a fund with a large financial stake in electric vehicle manufacturer Lucid Group (NASDAQ:LCID) stock. Sensible investors should consider the bigger picture when assessing a company. Despite having a financial backer, LCID stock receives an “F” grade. Slowing EV demand means that manufacturers like Lucid Group are under tremendous pressure. Investors […]
It’s time to take some chips off the table as investor sentiment reaches extremely greedy levels Is the stock market getting too euphoric? It’s clear that the indexes are on fire right now, and the gains seem effortless as the markets keep notching new highs. However, sentiment may be getting out of hand. One popular […]
The green hydrogen leader fights not only government bureaucracy but its own wasteful ways Source: silicaetran / Shutterstock.com Plug Power (NASDAQ:PLUG) stock is leading the green hydrogen revolution. It has established itself as the only one-stop shop for obtaining fuel cells, electrolyzers and green hydrogen fuel. The problem is, creating the entire infrastructure from top […]
It’s been a tough road for consumer discretionary stocks since the pandemic ended. Sky high inflation, rising interest rates and economic worries have led consumers to tighten their purse strings. At the same time, discretionary dollars have flowed more towards travel and experiences and away from spending on goods and products. The result is that […]
Source: Sergei Elagin / Shutterstock.com It’s exciting, to watch Coinbase (NASDAQ:COIN) stock ride higher on Bitcoin’s (BTC-USD) coattails. This makes the stock susceptible to a retracement because of Coinbase’s high valuation. It’s fine to believe in Coinbase and Bitcoin. The last thing you need is to get trapped in an unfavorable trade. Coinbase has revenue growth opportunities and […]
This time of year brings many tasks, holiday shopping and making Easter eggs, mowing the grass for perhaps the first time all year, and giving the house a deep spring cleaning. So why not do the same with your portfolio and rid it of stocks to sell? There’s no time like the present when ridding […]
Investors have made a ton of money in cloud computing stocks over the past 15 years. The transformation from on-premise to off-premise software, data storage, and security has been truly revolutionary for the technology industry. But at some point, a concept may get played out. And it seems like we’re reaching that point with cloud […]
Changing consumer behaviors can ruin companies and these are consumer stocks to sell as a result of the upheavals Changing consumer behaviors can and often do cause upheaval for entire sectors of the economy. For example, newspapers and bookstores can’t keep their heads above water because of the internet. Similarly, the advent of music downloads […]
Unfortunately, many of defense stocks are struggling. Defense stocks consist of equities investors turn toward during economic or geopolitical tumult. While inflation may be under control and interest rates likely to come down later in the year, geopolitical conflicts continue proliferate. These days there is not only a war in Ukraine, but also one in the […]