Stocks to sell

Source: wutzkohphoto / Shutterstock.com Once a high-growth stock, Netflix (NASDAQ:NFLX) is going through a difficult period. After losing subscribers, it has a lot to work on. Consequently, NFLX stock has seen a massive dip over the past six months. The stock was once as high as $700 and is now down to $195. It lost
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Affirm (AFRM) recently rallied, but don’t expect the upswing to last. Consumer sentiment has reached an 11-year low, retail sales growth is slowing and U.S. debt keeps rising. Avoid AFRM stock, as its business model can make it susceptible to fallout from these issues. Source: Wirestock Creators / Shutterstock.com Affirm (NASDAQ:AFRM), a consumer financing firm,
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Snap’s (SNAP) ad-driven sales threat triggers wider sell-off and sets up three stocks to short. Meta Platforms (FB): Is troubled and holds downside risk and bearish opportunity. Twitter (TWTR): Looks like a compelling stock to short amid takeover in turmoil. Pinterest (PINS): The only ‘visual discovery’ in PINS is a weak stock chart bound for
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Coinbase Global (COIN) stock could come under pressure as a result of increased regulatory scrutiny of the cryptocurrency markets. Furthermore, it’s been reported that some insiders have dumped their shares of Coinbase Global. Investors should stay on the sidelines as the Coinbase Global share price could continue on its downward trajectory. Source: Primakov / Shutterstock.com
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DraftKings (DKNG) CEO Jason Robins caught flak for not buying more DKNG stock when it was trading so low. Investors look to insider buying as a sign of confidence in the company’s plan.   Is Jason Robins doing enough to earn his CEO compensation?  Source: Tada Images / Shutterstock.com A recent spat ensued on Twitter between
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DraftKings (DKNG) has been brutalized in the current market selloff, down 52% year-to-date. Much of the problem stems from the company’s heavy marketing spending, which has led to mounting losses. While some analysts are turning bullish on DKNG stock after the selloff, the risks of taking a position remain too great. Source: Tada Images /
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Due to overvaluation, the following stocks are likely to decline more before they start to bottom out. Apple (AAPL): Lack of stimulus and inflation will likely lead to lower profits this year. Microsoft (MSFT): Declining quarterly net income and the announcement to almost double employee salaries might lead to a disappointing earnings report. Prologis (PLD):
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Nio’s (NIO) Singapore listing isn’t going to do investors any favors. Recent earnings results show weakness. Nio is a surprisingly minor player in its biggest market. I’ve long been a proponent of Chinese EV manufacturer Nio (NYSE:NIO) and its stock. However, a host of recent factors is causing me to change that opinion. Nio’s current
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Meme momentum is fading rapidly for AMC Entertainment (AMC) and AMC stock. Positive sentiment alone accounted for AMC’s price rise. Investors should take this opportunity to bail from AMC now. Investors may cite improving movie attendance as a reason to buy AMC Entertainment (NYSE:AMC) stock. At the same time, they are shunning Netflix (NASDAQ:NFLX) and
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Shares of Sunrun (RUN) have reversed higher after the company’s Q1 results. The company remains unprofitable and faces headwinds. It is not clear whether RUN stock has found a bottom or has further to fall. Source: IgorGolovniov / Shutterstock.com Have shares of solar panel company Sunrun (NASDAQ:RUN) finally hit bottom? Signs look encouraging. On May
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Strong first quarter (Q1) earnings have AMC (AMC) stock momentarily moving upward.  A short squeeze potential exists again for AMC stock. The earnings beat is also affecting other meme stock prices.  Source: QualityHD / Shutterstock.com If nothing else, AMC Entertainment (NYSE:AMC) stock continues to prove its ability to shock the market. The news this time
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