Stocks can plunge for any number of reasons — investors may need to raise cash for large milestone purchases, or algorithms could be triggered by stop losses which create massive selloffs. Whatever the case, InvestorPlace’s journalists weed out the markets’ losers, keeping you informed of which stocks to cash out of before they come crashing down.
Stocks to Sell
WFC stock has caught a bid as big banks have rallied. But this is not the choice in the group, even if that rally continues.
The Covid-19 race is close to ending. It seems unlikely that Sorrento stock can pull a rabbit out of a hat with the frontrunners emerging.
Investors are waiting on a big multi-billion deal to justify the rise in WKHS Stock, and the longer they wait, the riskier it gets.
RIDE stock has been a huge winner in less than a month since its trading debut, but Lordstown Motors shares are still speculative.
While INO stock has boasted a banner year, Inovio appears no closer to a Covid-19 vaccine than any of the other 150 contenders.
Shares of Hertz stock likely will be worthless after the bankrupt company reorganizes and you shouldn’t waste your money.
AYRO stock has soared on optimism toward electric vehicles, but minimal revenue and a thin product line suggest investors should look elsewhere.
Hertz stock has been left for dead, hence its new over-the-counter ticker, "HTZGQ." Thus, let this be a lesson for penny stock speculators.
Hertz stock is heading towards zero even after it exits bankruptcy proceedings. Any traders doing more than speculating will need a miracle to profit.
As we reach the end of 2020, let's take a look at seven stocks to sell whose share prices have had impressive up moves in recent weeks.
PLUG stock has greatly benefitted from the green wave around the Presidential election
However, this likely won't hurt the stock, as the EV bubble continues. Yet, why buy this highly-uncertain electric vehicle play, when there are more certain opportunities out there, also benefiting from the continued euphoria for this sector? Bottom line: sit out on FSR stock, and consider the more solid EV plays out there.
Bottom line: there's little reason to buy SNDL stock. Whether as a pot legalization play. Or, as a wager on the company's still-pending turnaround efforts. If you are bullish on pot stocks, look elsewhere.
It's a very different air travel industry than what we had in the pre-pandemic days, and this leaves AAL stock holders in a holding pattern.
Hyliion stock rose and fell quite fast, and we don't have lots of insight into its financials. So is it a buy here?
Buy low, sell high. Here are some stocks that are very high, on which you can take profits now.
Nio stock has surged in 2020, but jumping into it looks risky here, for anyone looking at its fundamentals. Use caution.
Avoid Sorrento Therapeutics which is still burning cash with no end in sight. SRNE stock will become more diluted as the company consistently raises cash.
These tech stocks have fallen on hard times and if you are holding onto an investment, you may want to sell your shares before it’s too late.
CCL stock will continue to weaken as Carnival continues to suspend its operations raising concerns about its potential recovery