While the winter season can sometimes bring out the holiday cheer on Wall Street, certain retail stocks to sell may court trouble. Certainly, it’s not everyone’s favorite topic. However, it’s also unavoidable. With a rough start in 2022, the year just kept worsening via geopolitical flashpoints, skyrocketing inflation and global supply chain disruptions, to name
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When was the last time you visited a GameStop (NYSE:GME)? Its management team apparently rather you didn’t know; the firm stopped reporting same-store sales in 2021. E-commerce sales are also no longer reported separately, an ominous sign for a firm whose chairman once promised to build “a powerful e-commerce platform that provides competitive pricing, broad
Check out the companies making headlines before the bell: Hormel (HRL) – The food producer’s stock slid 6.4% in the premarket after reporting a mixed quarter. Earnings beat estimates, but sales came up short of Wall Street forecasts. Hormel issued a weaker than expected outlook and said it expected a continued volatile and high cost environment.
Crude oil futures recently hit an 11-month low, with this commodity suffering a peak-to-trough decline of 15.9% in the last eight trading sessions alone. Over that stretch, oil declined in seven sessions. Despite that, I think investors should still be looking for some must-own energy stocks. Why? Because energy remains the best-performing sector year-to-date, and
Stocks across the board have plunged in 2022. Even the seemingly invincible tech giants, such as Netflix (NASDAQ:NFLX), have witnessed year-to-date (YTD) declines of over 50%. The crypto market has fallen too, as investors realize that a bet on crypto is essentially a bet on a high-risk asset. The insolvency of FTX drove the price
California-based electric vehicle manufacturer Mullen Automotive (NASDAQ:MULN) offered a great deal of promise in 2020 and 2021. Since then, however, MULN stock has had steep capital losses. A short-seller tried to warn prospective shareholders earlier this year. As it turns out, the short side of the trade was the right one, and there’s no reason
In this article HZNP CRWD NTAP HPE ASTS WDAY Follow your favorite stocksCREATE FREE ACCOUNT CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines in after-hours trading. Workday — Workday gained 6% postmarket Tuesday after earnings beat Wall Street estimates on both the top- and bottom lines.
You’ll often hear people say that bear markets are great for finding bargains, and that’s true. With the exception of energy, every major sector is in the red for the year. For its part, the iShares Biotechnology ETF (NASDAQ:IBB) is down 13% year to date. While that’s better than the S&P 500’s 17% loss, investors
As we near the end of a horrendous year for the stock market, many investors may want to reassess their portfolios. Accordingly, for many investors, shifting the focus away from the buy list to stocks to sell may be the way forward. Whether you’re a long-term investor or a short-term trader, it’s important to know
In line with the overall stock market, Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock has moved higher in recent weeks. Since hitting a new multi-year low on Nov. 3 ($83.45 per share), GOOG stock has climbed back up to around $95.14 per share. With a company-specific developments (more below) also giving shares a boost, some may believe now that a
Take a look at some of the biggest movers in the premarket: Hibbett (HIBB) – The sporting goods retailer’s stock slid 5.7% in the premarket after it missed top and bottom line estimates for its latest quarter. Hibbett was hit by higher expenses which cut into its profit margins, although the company reaffirmed its full-year
The Dow Jones Industrial Average is down more than 6% year-to-date. With slightly more than half of the index in negative territory for the year, it is easier to come up with three of the top Dow stocks for 2023. While there appears to be a recession in the cards, Wells Fargo senior global market
Investing in SoFi Technologies (NASDAQ:SOFI) stock has been akin to riding a rollercoaster. Time and time again, SOFI stock has surged on increased hopes, only to sink on yet another round of disappointment. That’s what has played out this month, with this fintech stock reversing course in a big way, after briefly jumping back above
In this article @LCO.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Tom Kaye of Plymouth, Pennsylvania tops off his neighbor’s gas tank for them on at a gas station in Wilkes-Barre, Pennsylvania, U.S. October 19, 2022. Aimee Dilger | Reuters Oil prices are defying expectations and are barely higher on the year, as the outlook
Starting to move higher after a challenging 2022, cheap large-cap stocks may be on the verge of really turning a corner in 2023. With the latest Consumer Price Index data signaling that inflation is starting to ease, the Federal Reserve may be moving closer to reversing course on its aggressive rate hike policies. According to
2022 was a disaster. Over these last 11 months, inflation hit a 40-year high. There were fears of recession. Nearly 63% of U.S. consumers were living paycheck to paycheck. Markets were crushed. Home sales began to fall at the fastest rate in decades. Consumer spending fell. Russia invaded Ukraine. China saw rare unrest over COVID
Recent news that Walt Disney Co. (NYSE:DIS) had suddenly and unexpectedly fired its CEO, Bob Chapek, and was bringing back former CEO, Robert Iger shook the business world. Chapek’s tenure running Disney lasted barely two years and was tumultuous as the company navigated its way through the Covid-19 crisis when its theme parks were forced
Take a look at some of the biggest movers in the premarket: Apple (AAPL) – Apple could reportedly see a production shortfall of close to 6 million iPhone Pro models due to Covid-related unrest at contract manufacturer Foxconn’s China factory. A person familiar with assembly operations told Bloomberg that Apple and Foxconn do expect to
The world of EV stocks continues to evolve. Once a one or two-pony show, there are many more electric vehicle producers out there than many investors think. Looking beyond industry-leading Tesla (NASDAQ:TSLA), there are a number of other competitors stepping up their game with new offerings that are enticing users across a broader spectrum. That’s a good thing,
This is an ideal time to clear your portfolio from F-rated stocks to sell. Face it – F-rated stocks can ruin your holiday by sinking your investments. This has been a difficult year already for many investors as major indices spent much of 2022 in bear market territory. And while some stocks on the market