Stocks to sell

It doesn’t matter if times are tough or if they’re great, there are still going to be companies that go belly up. A perfect example? Look at 2008 vs. 2018. Just 10 years apart and look at how much has changed. Yet bankruptcy stocks are still popping up all over the map, and there’s not
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It doesn’t take a genius to realize that social media company Snap (NYSE:SNAP) is in serious trouble. Last year, SNAP stock dropped more than 55%, making it one of the worst-performing investments in the marquee New York Stock Exchange. Unfortunately, the embattled organization will likely suffer a repeat performance in 2019 unless it can turn the
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Stocks are continuing to struggle with the 24,000 level on the Dow Jones Industrial Average as investors deal with various crosscurrents. Parts of the Federal government remain shuttered. U.S.-China trade talks continue to grind on as the Chinese economy shows signs of slowing. The fate of Brexit remains unknown. And the Federal Reserve seems scatterbrained,
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Typically, the holiday season presents a joyous moment for the markets on a substantive basis. With businesses borrowing money to ramp up for manic shoppers, the fourth quarter is the chance to deliver the goods. But with the upcoming earnings reports, investors should probably brace for disappointing results. According to the latest report from The
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Shares of cardiovascular health sciences company Amarin (NASDAQ:AMRN) surged 22% on Thursday. That continues an amazing ride for the maker of Vascepa, an Omega-3 fatty acids treatment to fight very high triglycerides. Amarin stock has soared from $3 in September to as high as $23 following its decisive REDUCE-IT study results. These results showed that Amarin’s formulation
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Canopy Growth (NYSE:CGC), along with other marijuana stocks, has enjoyed a strong rebound in January. On Wednesday, those gains accelerated, with CGC stock in particular up 13%. It wasn’t just Canopy Growth though, the ETFMG Alternative Harvest ETF (NYSEARCA:MJ) marijuana ETF also jumped almost 5% on the day and is up 20% off the recent low. What’s
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A disappointing run for video game publisher Activision Blizzard (NASDAQ:ATVI) continues. Activision stock traded down 6% in after-hours trading Thursday after disclosing it was ending a partnership with Destiny developer Bungie. The decline interrupts a brief bounce in ATVI stock, which had gained 18% from December lows. Of course, those December lows represented a 45%-plus drop
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Over the past several years, there have been murmurs that the world was approaching peak smartphone. After all, smartphone penetration rates are around 80% for both developed and developing economies. Total mobile phone penetration rates, four decades after their introduction, are just a few points higher at 90%. Thus, the runway for growth in the
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