Stocks to sell

Is Shopify (NYSE:SHOP) the future of eCommerce? Investors are increasingly betting that Shopify stock will be the next online star. Source: Jirapong Manustrong / Shutterstock.com A new wave of eCommerce is forming and threatens Amazon (NASDAQ:AMZN). Shopify demonstrated that fact with its Black Friday sales last holiday season when its platform averaged nearly $1 million in
0 Comments
According to a Jan. 17 SEC filing, UK investment management firm Baillie Gifford has increased its stake in Nio (NYSE:NIO), the up-and-coming Chinese electric vehicle manufacturer. It now owns 101.4 million American Depositary Shares or 13.1% of Nio stock. Source: xiaorui / Shutterstock.com At this time last year, Baillie Gifford owned 11% of NIO. Already
0 Comments
The shares of consumer packaged goods giant Procter & Gamble (NYSE:PG) dipped slightly recently after the company reported mixed second-quarter numbers. Its profits topped analysts’ average expectations, its gross margins expanded, and PG increased its full-year sales and profit guidance. But PG’s organic volume and sales growth slowed versus Q1, its expense/revenue ratio rose year-over-year,
0 Comments
U.S. equities are pulling back on Thursday as the worries over a global contagion out of China spreads. New cases have been reported in places like Scotland and the U.S. The worry is that officials will have no choice but to lock down travel to prevent the disease from spreading, which would dampen global growth.
0 Comments
Facing a glut of legal product and a flood of illegal competition, Aurora Cannabis (NYSE:ACB) has spent the last several months cutting back. Source: Shutterstock Once seen as the industry’s biggest producer, Aurora has halted production on a grow house in Denmark, cut back at its main facility in Alberta and put another facility located
0 Comments
After at least several dozen headlines affirming the phase-one U.S.-China trade deal in recent weeks, markets continue to float higher. And as more bullish investors participate in the market, fair valuations are of little concern. Slowing growth for companies whose stock prices are at 52-week highs is getting ignored, too. When the market’s optimism gets
0 Comments
It was back in late June that the shares of FuelCell Energy (NASDAQ:FCEL) sank below 20 cents a share. After all, the company was suffering from falling revenues and dwindling cash. It actually looked like FCEL stock could be wiped out with a possible bankruptcy filing. Source: Kaca Skokanova/Shutterstock But it was a false alarm.
0 Comments
Aurora Cannabis (NYSE:ACB) has turned into one of the market’s most controversial stocks. It seems that, almost every week, an analyst makes another bold prediction about Aurora’s fate. Source: Jarretera / Shutterstock.com In fact, many folks have taken to treating Aurora like a binary bet. Apparently, these investors either think the stock is going to
0 Comments
In late 2019, shares of premium fast casual restaurant chain Shake Shack (NYSE:SHAK) plummeted on the heels of a disappointing third-quarter earnings report that included the company’s slowest comparable sales growth rate in a year, significant margin compression and a reduced full-year comparable sales and margin guide. SHAK stock, which was flying high around $105
0 Comments
Nio (NYSE:NIO) stock will be worthless in several weeks unless the company can immediately raise cash. That is clear from the company’s third-quarter earnings report. Source: Sundry Photography / Shutterstock.com Numerous reports came out on Wednesday, Jan. 15 that Nio had raised $1 billion in financing from Guangzhou Automobile Group (OTCMKTS:GNZUF). However, on Thursday, the
0 Comments