Category: Stocks to sell

Exercise Extreme Caution With Clover Health Stock

Exercise Extreme Caution With Clover Health Stock

Clover Health (NASDAQ:CLOV) stock is up 57% in the last month. The price action highlights the uncertainty of investing in celebrity SPAC (special purpose acquisition company) plays. Source: Shutterstock Bit of background here. Venture capitalist...

Is the Ride Over for Lordstown Motors?

Is the Ride Over for Lordstown Motors?

Lordstown Motors (NASDAQ:RIDE) stock, the electric car start-up, took a hard fall but then rose again on a management re-shuffle. Source: Postmodern Studio / Shutterstock.com The company admitted misstatements in demand for its Endurance...

Castor Maritime’s Profit Doesn’t Make Its Stock a Buy

Castor Maritime’s Profit Doesn’t Make Its Stock a Buy

InvestorPlace columnist Brenden Rearick recently discussed Castor Maritime’s (NASDAQ:CTRM) first profitable quarter since 2019. Interestingly, despite the positive results, CTRM stock fell on the news.  Source: Pavel Kapysh / Shutterstock.com Rearick points out that...

Biogen Gets an Unearned Rip on an Unproven Drug

Biogen Gets an Unearned Rip on an Unproven Drug

Biogen (NASDAQ:BIIB) stock ripped higher this week on approval of its Alzheimer’s drug, Aduhelm. Source: PictureDesignSwiss / Shutterstock.com Analysts seemed taken with Biogen’s proposed pricing, $56,000 per year. It’s based on the cost of...

7 Stocks to Avoid Due to Pandemic Worker Shortages

7 Stocks to Avoid Due to Pandemic Worker Shortages

Here’s a little-known stat. American summer camps import approximately 25,000 counselors each summer through the J-1 visa cultural exchange program. Like many industries, camps are facing labor shortages this summer. If I were aware...

Sell QuantumScape Stock at Any Opportunity

Sell QuantumScape Stock at Any Opportunity

Hopeful investors gave up in the weeks that followed QuantumScape’s (NYSE:QS) quarterly results. QS stock tried to bounce back to above the $30 range last month but failed. Source: Michael Vi/Shutterstock.com Investors cannot get...