All articles tagged with #sell
Palantir's stock, despite strong profitability and strategic importance in AI and defense, is highly overvalued at over 200x forward P/E, with growth expected to slow and recent price action indicating a lack of investor conviction, leading to a firm sell rating and caution for investors to consider exiting positions.
KBW has downgraded Berkshire Hathaway to a sell rating, citing concerns over Warren Buffett's succession and several other issues affecting the company's outlook.
Senate Republicans are reviving a plan to sell 2.2 to 3.3 million acres of federal lands in Western states to fund housing development, sparking controversy within the party and opposition from conservationists.
Jim Cramer, a markets commentator, admits he was wrong about Bitcoin and premature in urging investors to sell the cryptocurrency. Despite not always making perfect calls on Bitcoin, Cramer claims to have made a lot of money from his investment in it. His predictions and love-hate relationship with crypto have become a popular meme, with many pointing out his incorrect calls at key moments.
Stocks with exposure to artificial intelligence, including Nvidia, Meta Platforms, and Adobe, have seen significant growth recently. However, market analyst Travis Hoium believes that the market is overheated and recommends selling these stocks due to the high valuation.
Oil prices and energy stocks have rallied due to supply and demand factors, but experts warn that further big gains will be difficult. The price of West Texas Intermediate crude oil has risen just over 20% to around $82 a barrel from a low point in early March. Investors are advised to consider selling their energy stocks as the party may soon be over.
Q1 earnings season for banks is approaching, and while some regional banks are struggling with deposit outflows, America's largest banks are considered buys due to their low valuations and dividend yields. Bank of America, JPMorgan, and Morgan Stanley are among the recommended buys, while Western Alliance Bank, First Republic, and PacWest are sells. Charles Schwab is a hold, with uncertainty surrounding its future earnings power. Deposit outflows are a key factor to watch as banks report earnings.
Michael Burry, the hedge-fund manager famous for predicting the 2008 financial crisis, admitted he was "wrong" to advise investors to sell stocks two months ago. Burry had issued a one-word tweet on Jan. 31 advising his followers to "sell" after a strong January run-up in the stock market. However, U.S. stocks proved resilient in March, despite fears of an economic downturn and a decline in corporate earnings. Burry also criticized contemporary traders for continuing to "buy the dip" in U.S. stocks.