Stocks to sell

U.S. equities are dropping hard again on Tuesday, a continuation of ongoing weakness in the technology sector amid nasty looking pullbacks in one-time high-flyers such as Amazon (NASDAQ:AMZN) and Facebook (NASDAQ:FB). And the semiconductor stocks are in a tailspin. And while it is true some of this is technical in nature — driven by a
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Amazon (NASDAQ:AMZN) stock finds itself struggling after years of growth. Profits keep increasing and the company continues to find success in new ventures. However, the recent drop in Amazon stock may indicate that Wall Street has become less fascinated with Amazon’s successes. Given the changing perception about Amazon and the equity’s high multiple, I would
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Growth stocks were hot … now they’re not. And that places sectors like technology in a precarious position. October was the great unwinding of the beloved FAANG trade and many other tech stocks. How long it lasts is anyone’s guess, but for now, these names are anathema. Technical deterioration multiplied this week as sellers stuffed
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For the average American, Nio (NYSE:NIO) may not resonate as a household name. Yet, market analysts and industry experts peg the automaker as China’s Tesla (NASDAQ:TSLA). Indeed, both companies carry an almost-mythical prestige among their proponents. However, both also have critical flaws. This makes NIO stock a rather tricky proposition. On the positive front, you have
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Most of the time, blue-chip stocks are solid buys. Though they’re not always high-flying, sizzling growth names, they’ve usually got enough history and enough stability to qualify them as names you can buy and forget about for a few years. Not all of the market’s most recognized, long-lived names are always great investments, however. Sometimes,
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Crude oil was smashed lower for the 12th consecutive session on Tuesday. West Texas Intermediate lost 7.1%, returning to levels not seen since November. Investors have become more fearful over tepid demand and strong supply out of the OPEC countries and Russia. One of the largest energy stocks, Halliburton (NYSE:HAL) fell 5.5% to return to early
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There’s no need to mince words: Tilray (NASDAQ:TLRY) stock isn’t responding all that well to last quarter’s results. Tilray stock fell to the tune of 10% on Wednesday despite reporting third-quarter earnings estimates that were better-than-expected after Tuesday’s closing bell rang. Granted, revenue came up short of expectations, and despite the improved bottom line, the (legalized)
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U.S. equities were hit hard on Monday, pushing the Dow Jones Industrial Average down more than 600 points to cut below its 50-day moving average. Investors were spooked by more worries on the trade front with indications President Trump is set to tighten the clamp further with possible tariffs on imported vehicles. This, along with
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Semiconductor stocks have had it very easy for the last few years. Demand from cloud suppliers and device makers has been strong. New niches are opening in sensors and processors, adding intelligence to machines and factories. Militaries have also been focusing their purchases on technology. But every boom must bust. There comes a time to
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Receiving sharp criticism from President Trump isn’t necessarily negative for companies and stocks. After all, business tycoons, world leaders, and even celebrities have all incurred his wrath. Unfortunately, Comcast (NASDAQ:CMCSA) stock is apparently one of the rare entities that can be hurt by the president’s criticisms. After Trump, in a statement on Twitter, cited accusations
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Pharma stocks can serve as a profitable addition to investment portfolios. With 10,000 baby boomers aging into Medicare every day, and a Medicare Part D drug plan to subsidize the cost, demographics and government subsidies has created a virtuous cycle for healthcare stocks. However, some of these trends have worked too well in pushing the
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