Stocks to sell

Throughout 2023, energy companies struggled compared to the large rally in 2021 and 2022. The benchmark for energy companies is the Energy Select Sector SPDR Fund (NYSEARCA:XLE), which had a share price decline of 1% in 2023. In 2024, crude oil prices are expected to remain around the $80 per barrel range. OPEC+ recently made supply

In 2024, the U.S. economy faces the unexpected threat of a recession, according to Morgan Stanley (NYSE:MS) strategists. The bank predicts a hard landing for the economy, challenging the belief in a sustained soft landing. Factors such as increased policy restraint worldwide, the waning support of U.S. federal government fiscal policies and heightened uncertainty surrounding

Tesla (NASDAQ:TSLA) stock exits 2023 in great shape. With a market cap of over $800 billion, it’s the only industrial in the “Magnificent 7” we are told every investor should own. Revenue for this year should approach $100 billion, with net income at over 10% of that figure, but 2024 may be more difficult. Every

As a critical mass of risk-hungry traders now believe “the coast is clear,” now may be the perfect time to consider which meme stocks to short. What do I mean by “the coast is clear?” With the rise in expectations about the Federal Reserve slashing interest rates starting next year, investors are shifting back to

Structural shifts in the financial markets have led to interesting strategic shifts among hedge fund managers. Although the hedge fund business is merely an enclave of the financial markets, its activities provide valuable insights to market participants. Hedge fund trades fuel any investment analysis; however, they should be placed into perspective. For those unaware, hedge

While the topic of stocks to sell immediately generates controversy, it’s similar to the wacky off-season transactions that occur in baseball. At the end of the day, an organization must make the best decision to ramp up its chances of success. That means you can’t get too sentimental about your roster or in this case

For many investors, 2023 was a time to take risk off the table. However, the recent musings by Federal Reserve chair Jerome Powell have investors going to sleep with visions of rate cuts dancing in their heads. If you’re looking to put some capital to work in the market, meme stocks could be a popular

Every sector has clear winners and losers, a reality that holds even in the dynamic realm of artificial intelligence (AI). With the release of groundbreaking technologies, including ChatGPT, earlier this year, AI has taken the market by storm. This surge has made it challenging to sift through the hype and identify stocks that offer sustainable

At first glance, electric vehicle (EV) battery technology company QuantumScape (NYSE:QS) might sound like a great business to invest in. After all, QS stock moved higher in November and early December. Yet, caution is definitely advised as QuantumScape’s financial shortcomings can’t be ignored. Besides, as we’ll explain today, a prominent analyst firm published a low price

Dumpster diving can be fun when looking for beaten-down stocks to buy. Many times deeply discounted companies are simply mispriced by the market. Too much importance is placed on a one-time event or a situation that is short-term in nature. It offers investors the classic situation of buying low and selling high. Stocks may be

As the markets soar higher following the Federal Reserve’s latest decision on interest rates, now may be a great time to jettison any dividend stocks to sell from your portfolio. While stocks overall could continue to perform strongly, company-specific factors can result in poor or even negative returns with many high-yield but low-quality dividend plays.

The Federal Reserve appears set to pivot toward lower interest rates in 2024. With inflation coming down and financial conditions looking more measured, it could be time for easier monetary policy. That is great news for investments like tech stocks, which have a significant correlation to interest rates. However, investors may be getting ahead of

Renewable energy is the future. Amongst renewable energy, solar is one of the most prominent, recently becoming much more accessible to households and producing energy efficiently and for a low cost. The potential solar has as an energy of the future has been widespread, making the solar space one of the fiercest sectors in which

Investors looking for solid companies that offer a reliable source of growth may want to avoid the companies I’m listing below. They’ve all struggled with reduced cash flow, lower-than-expected full-year guidance, and possible bankruptcy. Investors may see these companies as a “Buy” due to their reduced share price, but in my opinion, it’s difficult to

The new class of weight loss drugs such as Ozempic and Zepbound are having a profound impact not only on the pharmaceutical and healthcare industries but also on areas of the economy ranging from gyms and weight loss clubs to fast food restaurants and clothing retailers. Earlier this year, the nutrition and weight management company

Tech stocks have had a stellar 2023. And with technologies such as AI taking off, traders have been rushing into more speculative investments in hopes of catching the next big thing. However, some tech stocks have run dramatically ahead of their fundamentals. It’s time to sell these three tech stocks and lock in their big

Throughout 2023, the financial sector and its financial stocks continued to perform relatively well. Specifically, the sector provided 4.6% returns from financial stocks within the S&P 500. Additionally, the sector did particularly well in November, providing 10.6% returns overall within the same grouping of equities. For context, the tech sector and the consumer discretionary sector

The iShares U.S. Home Construction ETF (BATS:ITB) has experienced illustrious form this year, surging by more than 50%. However, an inflection point has emerged, suggesting it may be a good time to cash out on some of your housing stocks. The inflection point I’m referring to is characterized by a few variables. Firstly, U.S. disinflation

Energy is a highly cyclical industry, meaning efficient portfolio management dictates frequent sector rebalancing within an alpha-seeking investor’s asset mix. Although energy companies have delivered stellar results in recent years, global supply and demand factors are smoothing out. Moreover, consumer sentiment is waning, which introduces demand-side risk. Despite the United States Brent Oil Fund (NYSEARCA:BNO)

The Electric Vehicle industry has had a rough year. Amid high inflation, supply chain issues, and low consumer spending, the demand for EVs saw a significant drop. Several EV makers have cut their production targets and are reducing their investment in EVs. While the demand for EVs will eventually pick up, several companies could be