Stocks to sell

If e-commerce is now just commerce, then ContextLogic (NASDAQ:WISH) stock is overvalued. Source: sdx15 / Shutterstock.com ContextLogic runs Wish.com. Wish is an online store that looks like China’s Pinduoduo (NASDAQ:PDD). It’s focused on creating impulse buys, on serendipity. It’s the kind of store that, in a shopping mall, you could spend hours in or walk
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Social media traders on communities such as Reddit’s r/WallStreetBets have had an amazing 2021. All of Wall Street stopped what it was doing to watch the excitement in GameStop (NYSE:GME), BlackBerry (NYSE:BB) and other such meme stocks during their historic January short squeezes. After Robinhood (NASDAQ:HOOD) temporarily suspended trading in GME stock and other meme names, however,
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This has been the year of the meme stock. Investing-focused ,online communities have flipped the script, going against virtually every norm of conventional investing. One darling of these retail investors, Support.com (NASDAQ:SPRT), has attracted a high level of short interest in the past couple of months.  SPRT stock, however, is remarkably overpriced, and it’s primarily
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Paysafe (NYSE:PSFE) stock has been on a wild rollercoaster ride since its public debut in March 2021. The company is a specialized payments provider operating in three main segments, Integrated Processing, Digital Wallet and eCash Solutions. It went public after merging with special-purpose acquisition company (SPAC) company Foley Trasimene Acquisition II Corp. Source: Sulastri Sulastri /
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Although fuboTV (NYSE:FUBO) stock continues to post very impressive year-over-year user and revenue growth numbers, its sequential sales growth was not very spectacular. Source: Lori Butcher/ShutterStock.com Additionally, the company’s losses continue to widen, and I still believe that its growth is likely to begin to decelerate sooner rather than later. Meanwhile, FUBO stock remains fairly
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In August, Pershing Square manager Bill Ackman announced that his special purpose acquisition company (SPAC), Pershing Square Tontine (NYSE:PSTH) would be returning its cash to shareholders instead of executing a deal in the SPAC’s current form. Source: Dmitry Demidovich / Shutterstock.com Ackman blamed a shareholder lawsuit for bogging down his efforts to come up with
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Not long ago, there’s wasn’t much to say about remote helpdesk provider Support.com (NASDAQ:SPRT). To be honest, SPRT stock largely flew under the radar with a relatively low daily trading volume. Source: Shutterstock That definitely changed in 2021. As we’ll see, meme stock mania took over this year and suddenly, Support.com was thrust into the spotlight.
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