Stocks to sell

The change of year and Administration hasn’t popped the electric vehicle bubble. Nio (NYSE:NIO) stock’s 21% gain since the start of 2021 is proof. Source: Andy Feng / Shutterstock.com The Chinese government-backed alternative to Tesla (NASDAQ:TSLA) sports a market capitalization of about $90 billion on estimated revenue of under $2.5 billion. With the near 22% year-to-date
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Zomedica Pharmaceuticals (NYSEMKT:ZOM) stock is the latest pump-and-dump looking to take investors for a ride. Don’t let its 342% rally since Jan. 4 cloud your judgment. Those who got in early and bought back when ZOM stock was changing hands at 23 cents per share are sitting pretty. But those who got in at $1
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As the calendar has ticked into 2021, investors are sorting through last year’s Covid-19 stocks to determine which ones are still appealing and which to unload. Novavax (NASDAQ:NVAX) stock seems to be in a gray area. Source: Ascannio/Shutterstock.com Novavax’s novel-coronavirus vaccine appears to be successful and is likely to generate significant commercial sales. On the
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FuboTV’s (NYSE:FUBO) value for most consumers is questionable, making the longer-term outlook of FUBO stock appear to be negative. Source: Lori Butcher/ShutterStock.com fuboTV has two main problems. First, it does not appear to be meaningfully cheaper than traditional paid TV options, including cable satellite, and  Fios from Verizon (NYSE:VZ) or Frontier (OTC:FTRCQ). Secondly, Fubo’s biggest
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General Motors (NYSE:GM) announced on Jan. 12 that it was launching BrightDrop, the company’s push to become a big player in electric commercial vehicles. If you’re a Workhorse Group (NASDAQ:WKHS) shareholder, that’s not good news. Interestingly, WKHS stock barely moved on the announcement. Source: Shutterstock It appears investors aren’t concerned just yet about GM’s big
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ContextLogic(NASDAQ:WISH), which owns and operates the Wish discount e-commerce site has multiple problems that make WISH stock a sell for now. However, I think the company and its niche are somewhat promising, so the shares could be worth buying at some point in the future. Source: sdx15 / Shutterstock.com In addition to slowing growth, eroding profitability, and
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New year, same old overpriced electric vehicle (EV) stocks. After a mammoth 2020, investors were hoping for some relief. Unfortunately, that doesn’t seem likely. Meanwhile Nio (NYSE:NIO) has seen its stock maintain the positive momentum as well, climbing 30.6% in one month. Source: Carrie Fereday / Shutterstock.com That momentum is puzzling since several negative news
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In past columns about Palantir stock, I’ve noted in general terms that Palantir Technologies (NYSE:PLTR) actually has many competitors. More specifically, I’ve noted that there are multiple government-focused systems integrators, which, like the Denver-based firm, help government agencies develop conclusions from data. And I’ve also pointed out that multiple tech companies also provide data-analysis tools.
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