These streaming stocks to sell may struggle against Netflix as debt and losses weigh further The video streaming scene is a tough place to be these days unless, of course, your name is Netflix (NASDAQ:NFLX). Undoubtedly, with the number of new rivals on the scene, many would have thought that Netflix’s moat would have been […]
Though the cloud computing sector has seen generous growth over the last five years, some analysts have wondered if the market is overvalued. However, there is no simple answer to this question, as the concept of cloud computing can refer to any number of companies that provide an offsite technical solution for customers. With the […]
The stock market is a rollercoaster of highs and lows, where fortunes are made and lost in the blink of an eye. This makes the case for the top sorry stocks to sell before your wallet goes empty in 2024. While the allure of quick gains can be enticing, it’s important to remember that investments may not […]
Source: Arina P Habich / Shutterstock.com No matter what happens to electric vehicle manufacturer Tesla (NASDAQ:TSLA), there will always be some eternal optimists, it seems. For months, they’ve been waiting for Tesla stock to stage a spectacular rally. However, we’re assigning the stock a “D” grade as the outlook isn’t great for Tesla. A Barron’s report listed […]
Source: shutterstock.com/ChrisStock82 The meme-stock rally of 2024 was, for the most part, very short-lived. Moreover, most of the meme stocks became stocks to sell by quickly retreated to points not far above their pre-rally levels. A few factors, in my opinion, caused the surge to last such a short time and largely dissipate so quickly. […]
Source: rafapress / Shutterstock.com Video game retailer GameStop (NYSE:GME), along with global movie-theater chain AMC Entertainment (NYSE:AMC) and a handful of other companies, are the talk of Wall Street again. It feels like 2021 all over again, but that’s not necessarily a good thing for sensible investors. After delving into the company’s financial facts, you’ll hopefully be convinced to […]
Investors beware. Starbucks (NASDAQ:SBUX) is likely has further to fall before it hits bottom. Starbucks stock is down 25% over the last 12 months, including an 18% drop so far this year. The share price has barely moved since 2019. Value investors may consider buying Starbucks stock at its 52-week low. It’s a mistake because […]
Wall Street can’t seem to get its act straight when it comes to Nio (NYSE:NIO) stock. As my colleague Eddie Pan recently noted, during the first quarter Morgan Stanley (NYSE:MS) was the biggest buyer of the Chinese electric vehicle manufacturer’s stock. The investment house scooped up 10.1 million shares of NIO, increasing its stake in […]
Competition and other key factors are going to be important for investors to hone in on Once the king of the EV sector, Tesla’s (NASDAQ:TSLA) outlook has clearly shifted. The company has long defied critics, but it’s clear that the company is at a key crossroads. Now down nearly 30% year-to-date (a marked improvement off […]
Source: C.Aphirak / Shutterstock.com Investors should not get overly excited about President Biden’s decision to reclassify marijuana. The potential move toward becoming a less dangerous schedule 3 drug is lengthy and will not result in cannabis becoming federally legal. That has important implications in relation to access to financing for cannabis firms among other things. […]