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
Rising gold prices are usually a strong indicator to avoid banking investments like BAC stock. Now, money velocity is giving you another reason to run, not walk, away.
Stay away from Hertz stock since it is very likely worthless. HTZ stock will not survive the outcome of its Chapter 11 bankruptcy as creditors are still fighting among themselves.
While the financial impact of the pandemic contiues to adversely affect Royal Caribbean's operations, RCL stock cannot make new highs.
Norwegian Cruise Lines stock is reeling amidst the uncertainty in the cruise industry and its relatively weak balance sheet
NCLH stock has doubled off its March lows, but high leverage and low vaccine visibility mean there are better cruise line stocks to buy.
High-risk stocks that have under-performed and are likely to remain under-performers with high industry, business and financial risk.
The smoke circling GrowGeneration stock suggests investors might want to take their time buying into this growth story.
Norwegian Cruise Line stock is down more than 70% this year and there's no real chance of recovery any time soon. NCLH is a sell.
DiamondPeak stock is the latest EV stock to catch investors' fancy. But there is a lot of uncertainty to deal with before products arrive in late 2021.
IBIO stock has faded from its highs with good reason: the company isn't giving investors enough reason to jump in.
Yet, that's not to say it's smooth sailing ahead for GNOG and LCA stock. Limited runway, and increased igaming competition, could sink shares as well. Add in a deal that may benefit a billionaire more so than rank-and-file shareholders, and it's clear selling into the recent strength is the way to go. And those who haven't bought in yet? Wait for a pullback before buying.
Intel stock has steady revenue and a reliable dividend. But with competitors eating away at market share, investors are asking about growth.
United Airlines may have survived the toughest part of the pandemic, but even with a vaccine, UAL stock faces a long road to recovery.
AMD is facing new, tough threats from Nvidia and Intel. As a result, investors should sell AMD stock at this point.
FCEL stock shed another 18% this summer as the company failed to stem losses. It's time for investors to sell this money-losing venture.
Unless you have a deep understanding of drug development, buying NVAX stock on hopes it will win the vaccine race is risky.
DraftKings stock is a long-term winner, but with it being up 50% over the past month, DKNG is due for a near-term pullback.
Genius has to generate solid revenues before GNUS stock can make a comeback.
Tilman Fertitta’s first special purpose acquisition company flamed out. Why should Landcadia Holdings II and LCA stock be any different?
Given Nike's supply and demand issues, investors should avoid Nike stock heading into the company's Q1 results.