Stocks to sell

The story sounded like a good one at the time. Snap (NYSE:SNAP), the parent company of messaging platform Snapchat, was following in the footsteps of highly successful social networking companies like Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR). Surely SNAP stock would be a winner, too. That’s clearly not how things have worked out, though. After launching
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Facebook’s (NASDAQ:FB) second-quarter earnings showed that the company’s multiple headwinds are clearly weighing on its results and outlook. Consequently, Facebook stock fell sharply in the wake of the results. Since these stiff headwinds are unlikely to ease any time soon, investors should avoid owning Facebook stock. Negative Catalysts Hurt Facebook’s Results As I predicted previously,
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Credit Suisse analyst John Pitzer isn’t wrong about Micron Technology (NASDAQ:MU). The stock is “extremely cheap” right now. Likewise, Appaloosa Management’s David Tepper isn’t necessarily wrong to continue plowing into an ever-bigger stake in Micron stock. The world’s computers, servers and mobile devices need more and more memory, and Micron is the creme of the
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Cannabis mania is in full swing, and the stock that is creating the most hype is Tilray (NASDAQ:TLRY). Seven weeks ago, Canadian cannabis supplier Tilray went public at $17 per share. Today, Tilray stock trades at well over $100, a 600% increase in seven weeks. If that isn’t pure mania, I don’t know what is.
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Micron Technology (NASDAQ:MU) has become a battlefield stock, as analysts debate whether memory chip prices are falling or crashing. But it’s clear that MU stock is facing a deteriorating supply-demand dynamic and increasing competition from China. It will be difficult for Micron’s CEO, Sanjay Mehotra, to overcome these challenges. I think he’ll triumph in the
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Roughly a month-and-a-half ago, Apple (NASDAQ:AAPL) made headlines around the world when it became the first $1 trillion company. Not only that, Apple stock has continued to impress Wall Street, gaining over 34% year-to-date. Who says that what goes up must come down? Still, many investors are understandably leery about diving into such astounding momentum.
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Although global economic activity has improved throughout 2018, shares of industrial giant 3M (NYSE:MMM) have actually struggled. So far this year, 3M stock is down about 12%, versus an 8% gain for the S&P 500, with the weakness due largely to valuation worries and concerns regarding a forthcoming global economic slowdown. 3M stock took another leg
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When the concept first materialized, autonomous vehicles were strictly limited to science fiction. As technology shifted from merely processing data into independently analyzing it, the driverless industry became science fact. Naturally, investment analysts pushed self-driving car stocks as the next big thing. Now, autonomous vehicles may risk going full circle. A recent article from The
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There’s no better way to look dumb in this market than to try to call an end to a rally based on valuation. And so there’s a case to simply hold onto Roku (NASDAQ:ROKU), even with ROKU stock up almost 150% since early April. After all, there’s a fantastic story here, as I’ve repeatedly argued, most
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