Stocks to sell

A little over two months ago, I warned about the hype surrounding Nio (NYSE:NIO) stock. Nio’s CEO, William Li, made an impressive appearance on 60 Minutes to share the electric vehicle maker’s story with the world. NIO stock, predictably, surged as people learned about China’s potential Tesla (NASDAQ:TSLA) killer. Source: Shutterstock Unfortunately, investors got a little ahead
0 Comments
China-based electric-vehicle maker Nio (NYSE:NIO) continues to suffer. A rally that briefly took Nio stock above $10 per share in March came to a screeching halt following earnings. Source: Shutterstock Now, on top of increased competition and mounting losses, worries about its status in the U.S. market following tariffs have added to the uncertainty. The
0 Comments
Investors already knew Sprint (NYSE:S) has been on the defensive, struggling to remain competitive in a market that powerhouses AT&T (NYSE:T) and Verizon Communications (NYSE:VZ) dominate. But, until Tuesday of last week, when Sprint reported its fiscal fourth-quarter results, the owners of Sprint stock may not have fully realized just how much trouble the company
0 Comments
I suppose every analyst has that one company that they can’t seem to get right. For me, that’s Shopify (NYSE:SHOP). I haven’t found Shopify stock convincing because I don’t really care for its financial performance. Nevertheless, many investors could care less about what I think, and with SHOP, they’re absolutely right. Last year, in May,
0 Comments
Tech stocks among most U.S. equities are getting hammered on Friday as the U.S.-China trade talks ended in acrimony, with the President Donald Trump administration pushing ahead with higher tariffs on $200 billion worth of Chinese imports. The tariff rate will increase from 10% to 25%. Additionally, Trump announced they are starting the process of
0 Comments