Stocks to sell

The outlook of Shopify (NYSE:SHOP) stock is mixed. On the positive side, the company is growing quickly, showing that its niche is still expanding. Additionally, by some measures, it is profitable. Moreover, its chief executive officer (CEO) recently bought a large amount of SHOP stock, suggesting that he has a great deal of confidence in
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Tesla (NASDAQ:TSLA) surprised the market with its June preliminary deliveries report, which unveiled a 1.42x month-over-month increase in Chinese regional sales. Regionally, the electric vehicle giant sold more than 78,000 vehicles last month, a 1.35x year-over-year increase. Many investors are likely to jump on a recovery play as the company’s sales recovery could be misinterpreted
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Shopify (NYSE:SHOP) stock was a pandemic superstar. From the end of 2019 to last November, SHOP stock delivered a spectacular 314% return. The Canadian ecommerce company was signing up new vendors at a rapid pace, and the surge in online shopping saw the company posting record numbers. During the Black Friday and Cyber Monday weekend
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On the one hand, the semiconductor sector appears to be one of the more robust sectors to consider investing in this year. A study done earlier this year by audit house KPMG characterized industry confidence as “exceedingly high.” They expect wireless communications, automotive and internet of things to be the markets that most drive sector
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There comes a point when investors need to recognize the realities of the equities sector, which is the central theme undergirding the below stocks to sell in a bear market. It’s not about hating on particular companies. Indeed, many of these players offer intriguing business models. Unfortunately, the ground underneath us has changed, necessitating a
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The cruise line sector has taken quite the beating at the hands of the Covid-19 pandemic. Cruise ships were docked for the better part of the past couple of years, with travel and other social-distancing measures in place. Moreover, after December, omicron compelled the Centers for Disease Control and Prevention (CDC) to raise its warning
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Source: Shutterstock GameStop (NYSE:GME) continues to provide the volatility traders love, with double- and even triple-digit percentage swings. Yet, for investors, GME stock remains a risky proposition. On June 9, Reuters reported that the shorts were once again circling GameStop, “spotlighting how short sellers have grown bolder during a broader market selloff that has pummeled
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Down almost 78% this year, Rivian Automotive (NASDAQ:RIVN) looks like damaged goods. The electric vehicle maker that’s based in Irvine, California went public last November amid much hype and hoopla. It was one of the biggest initial public offerings (IPOs) of the year with the share price rocketing to just under $180 and giving the
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Netflix (NASDAQ:NFLX) isn’t the same company it was during the Covid-19 pandemic. Lockdowns and pandemic woes have lifted, making way for a post-pandemic hangover that sees a seriously shaky economy. Netflix is dealing with increased competition, which is slowing growth and leading it to predict a drop off of 2 million paid subscribers in the
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