Nio (NYSE:NIO) stock has an awful lot riding on its upcoming earnings report. Source: Sundry Photography / Shutterstock.com For any publicly traded company, earnings reports are critical as they present a showcase for stakeholders and prospective buyers. But for Nio, the financial disclosure for the second quarter will truly determine whether people can trust its
Stocks to sell
Bionano (NASDAQ:BNGO) is a small life sciences company. Biotech companies use Bionano’s Saphyr system for researching DNA and to diagnose illnesses caused by genetics. Up until recently, Bionano has had difficulty achieving widespread market adoption for Saphyr. However, BNGO stock has gone on a wild ride over the past year as traders gravitated to Bionano’s
At one point, Zomedica (NYSE:ZOM) could do no wrong. ZOM stock would explode some 2,900% from its November 2020 lows. The company was nearing commercialization of its point-of-care diagnostic product. Even the pet industry was howling about the opportunity. Source: Postmodern Studio / Shutterstock.com Nowadays, Zomedica has become a slow-motion train wreck. In fact, the last
Movie theater chain AMC Entertainment (NYSE:AMC) has had a busy few weeks. First, the Reddit favorite abandoned its request that its shareholders approve the issuance of 25 million new shares. Then, AMC announced that CEO Adam Aron would also become its chairman, replacing an executive at billionaire-controlled Dalian Wanda Group. Both of these news items
Meta Materials (NASDAQ:MMAT) is a Canadian company that recently listed on the Nasdaq via a SPAC (special purpose acquisition corporation) reverse merger. To put it bluntly, MMAT stock is the kind of highly speculative stock you ought to avoid. Source: Shutterstock This high-tech company develops nanocomposite materials and products. The debt-free company announced it had closed
In a matter of weeks, DiDi Global (NYSE:DIDI) stock has gone from a hot IPO to an undeniable disaster. Soon after its debut on the U.S. stock market at an initial price of $14 per share, the China-based ride-hailing company was hit hard by the Chinese government’s decision to investigate and penalize it. The shares
Other than a short-lived rally in June fueled by Reddit users, ContextLogic (NASDAQ:WISH) stock is on a permanent trajectory downward. Source: sdx15 / Shutterstock.com WISH stock peaked at $32.85, shortly after its initial public offering earlier this year. The company’s unfavorable valuations, mixed first-quarter results, and poor sales forecast continue to weigh on its share
Shares of digital marketing platform Marin Software (NASDAQ:MRIN) have been on a rollercoaster of late. MRIN stock was trading at $3.50 on June 24 and shot up to highs of $27 in the first week of July. It has surged in popularity due to the growing retail trading interest in the stock and news of its
A decade ago, after returning to finance from 30 years covering computer technology, I got into an argument over a company called Dendreon. You’ll see why this lingering thoughts connects me to BIIB stock below. Source: PictureDesignSwiss / Shutterstock.com Dendreon had launched a treatment for prostate cancer called Provenge. It is an immunotherapy, tied to
Over the last few weeks, there have been more than enough reasons to be skeptical about the record-breaking run in equities. Recently, I’ve been harping on the ridiculous amount of speculation in the market. But even more problematic is the Covid-19 pandemic. Just when you thought the crisis was fading into the rearview mirror, cases
With Covid-19 vaccination rates slowing around the world, now is not the time to buy biotechnology company Novavax (NASDAQ:NVAX) stock. Source: Ascannio/Shutterstock.com NVAX stock fell 10% between July 20 and July 27 as hope fades that the company will be able to get its Covid-19 vaccine to market in time to capitalize on demand for
GameStop (NYSE:GME) stock has been one of 2021’s most incredible investing stories. The initial short squeeze was incredible to watch. Few market analysts could have ever imagined that a struggling mall retailer like GameStop could see its shares surge thousands of percent. Source: rblfmr / Shutterstock.com That surge, in turn, saved the company. GameStop raised
It’s been a wild month for investors in the company formerly known as Torchlight Energy. Torchlight traded as TRCH stock and sought to develop its Hazel property into a major oil play. Source: FreezeFrames / Shutterstock.com However, Hazel didn’t end up striking it rich, and Torchlight looked to exit the oil and gas business. Instead,
Torchlight Energy Resources and TRCH stock are now history. How so? Well, the company recently merged with Metamaterials to form the new Meta Materials (NASDAQ:MMAT) stock. Source: Shutterstock However, it’s not as simple as that. Rather, TRCH stock has made a lot of news lately and moved way too fast. Further, the mix of news
A deep dive into SoFi Technologies (NASDAQ:SOFI) stock provides reason enough not to get on board. Those fundamentals will provide the backbone of my argument against investing in SoFi. Source: rafapress / Shutterstock.com I would argue that potential investors avoid the buzz and buzzwords around the SPAC gone public financial services company. Specifically, I’d urge investors,
I’m not breaking news to say that the U.S. real estate market is on fire. This has helped place many homebuilders in the spotlight as investments to consider. But one thing you want to understand is, it’s not just individuals and families that are buying houses these days. There are hedge funds, alternative investment funds
As traders look desperately for another short squeeze candidate, some folks have turned their attention to Creatd (NASDAQ:CRTD). However, a closer look could suggest a bleak future for anyone holding CRTD stock, which I give a “D” in my Portfolio Grader. Source: Shutterstock First of all, trying to predict the next short squeeze stock is a
The stock market has gotten volatile lately. Shares dropped sharply in recent days on worries around the renewed spread of Covid-19 and its Delta variant. However, stocks rapidly rebounded as investors went bargain-hunting, particularly in Covid-impacted stocks. In any case, the stock market indexes remain fairly near their all-time highs. This makes it a good
When it comes to stocks, I tend to be a glass-half-full kind of person, which is why I don’t often write about stocks to sell. Alas, you can run, but you can’t hide. So I’ve been asked to come up with 10 names I feel investors ought to jettison before they crash and burn. What
Based on my financial analysis, I would not touch Bionano Genomics (NASDAQ:BNGO) right now. I would run fast and far away from BNGO stock. But why? There are several reasons, and they all have to do with fundamentals. Source: Natali_ Mis/ShutterStock.com While the company has a positive catalyst here and there, its revenue and subsequent