Stocks to sell

U.S. equities are fighting back from deep losses near the open on Thursday, after a fresh easing action by the European Central Bank was met with selling after officials warned of risks to the economic outlook. The stimulus package — another round of term bank loans — was a bit underwhelming. The selloff comes as
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Computer memory manufacturer Western Digital (NASDAQ:WDC) has finally bounced. Between March and December of last year, Western Digital stock lost over two-thirds of its value. Since hitting a six-year low late last year, however, WDC stock has gained some 55%, rising 42% in 2019 alone. Source: Shutterstock The question is whether the bounce will continue.
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U.S. equities are shifting lower on Wednesday as Wall Street becomes increasingly irritated with a lack of firm progress in U.S.-China trade talks. The latest chatter is that President Trump, who often uses the stock market as a barometer of his on-the-job performance, is thinking of backing a weaker trade deal in order to juice
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In the internet era, middlemen companies like Expedia Group (NASDAQ:EXPE) are increasingly in trouble as more and more companies are able to bypass them and reach customers directly. Earlier this week, yours truly detailed the growing problem as it applies to online travel agent Booking Holdings (NASDAQ:BKNG). The problem won’t impact owners of EXPE stock quite as
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{Editor’s note: This story was previously published in November 2018. It has since been updated and republished.} 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
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Booking Holdings (NASDAQ:BKNG) dished out current-quarter profit guidance that sent Booking stock lower to the tune of 11% on Thursday, but the sellers weren’t interested in following through on Friday. Perhaps the longer-term uptrend can now resume in earnest. Or, maybe it won’t. Source: Shutterstock The basic bullish argument still holds water. While softness in
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Few sectors invite near-universal consensus like ecommerce. Digitalization has impacted every area of our lives, so it’s only natural that investors are bullish for online retail. That said, individual names like Wayfair (NYSE:W) invite robust debate. After soaring to dramatic heights this year, people unsurprisingly have questioned the longer-term viability of Wayfair stock. Source: Shutterstock
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Humphrey Bogart’s last movie was a little gem called The Harder They Fall, in which a fighter that a veteran reporter is touting as a title contender is being set up to fail. Something along those lines happened to me a year ago, when I called Activision Blizzard (NASDAQ:ATVI) investors’ favorite video-game stock . Unfortunately, like the
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Chinese electric vehicle company Nio (NYSE:NIO) has described itself as the Tesla (NASDAQ:TSLA) killer. Since the company’s U.S. initial public offering last year, NIO stock hasn’t exactly knocked Tesla off the pedestal just yet. But a recent 60 Minutes feature is giving Nio a huge new burst of attention. Source: Shutterstock If Nio is to become a Tesla-killer,
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In retrospect, Tuesday’s news that Dean Foods (NYSE:DF) was exploring strategic alternatives should have been a clue that Wednesday’s earnings report would be anything but great. Thriving companies don’t need to change a thing. Still, the actual depth of the company’s woes was shocking. Dean Foods stock plummeted nearly 14% on Wednesday, after falling short
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Shares of J C Penney (NYSE:JCP) soared on Thursday, after the department store retailer reported fourth-quarter numbers that were above expectations everywhere it counts. Revenues topped expectations. Same-store sales fell by less than anticipated. Earnings came in nearly double the consensus Street estimate. In response, beaten up JCP stock rose as much as 31% before settling.
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