Stocks to sell

It’s no surprise that airline stocks have been among the hardest hit names as a result of the coronavirus pandemic. It’s hard for them to make money when no one is flying. American Airlines’ (NASDAQ:AAL) stock has shed over 60% since mid-February. Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A,BRK.B) has been hammered by its exposure to airline
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Even prior to the unprecedented environment that we’re in, Under Armour (NYSE:UA, NYSE:UAA) represented a tough case against industry leaders Nike (NYSE:NKE) and Adidas (OTCMKTS:ADDYY). However, the combination of Under Armour’s baggage, along with the sharply deflated consumer market makes for an almost untenable argument for UA stock. Source: AuKirk / Shutterstock.com Primarily, I’m referring
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As the number of coronavirus cases continues to rise globally, the airlines industry is among the worst-hit sectors. From its  52-week highs, United Airlines Holdings (NASDAQ:UAL) stock plunged by nearly 70%. After the announcement of the stimulus package and a bailout for airline companies, UAL stock rebounded sharply. Source: NextNewMedia / Shutterstock.com However, I still
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In the past 2 weeks we’ve seen nearly 10 million people file for unemployment. All of them are consumers, and our economy relies on consumers for about 70% of its growth. When people aren’t spending in the US, it’s tough for everyone, especially consumer-facing companies that were the beneficiaries of much of that disposable income.
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Chesapeake Energy (NYSE:CHK) is likely headed towards bankruptcy. Don’t be fooled about this. CHK stock will then be worthless if that occurs. This is not a huge turnaround play. Source: Casimiro PT / Shutterstock.com The evidence is pretty clear. On March 16, CHK management hired two well-known restructuring firms, Kirkland and Ellis as well as
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Like every business that largely depends on American customers, Shopify (NYSE:SHOP) will face two possibilities starting in May. Specifically, either life will gradually start to go back to normal in the U.S. or the mass closures of businesses will continue in the country. Although I believe that Shopify is much better positioned than brick-and-mortar retailers
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Personally, I view Blue Apron (NYSE:APRN) as an example of getting the logic right and the results wrong. In August of 2019, I worried that a recession might hurt shares of the meal-delivery service. I came to that conclusion because at the time, the U.S.-China trade war suggested a slowdown for both economies. Further, the
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Before you think I know more about stocks than you do, consider this. Source: Shutterstock I’m the guy who recommended you buy Bed, Bath and Beyond (NYSE:BBBY) in January. Not only that, I’m the idiot who took his own advice and did it, after giving you four days to digest my stupidity. I just checked.
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