During most of the second half of 2021, Sea Limited (NYSE:SE) stock traded at around $300. Dubbed an e-commerce giant of Asia and a metaverse play, SE stock looked like it would keep rising. Instead, investors failed to recognize major insider selling. Its spat with India also accelerated selling pressure. Sea eventually bottomed at $85, rallying back to over $116 recently. On the stock chart, technical chart readers will predict that Sea’s downside ended. Unfortunately, charts only give investors a historical picture of the stock price. The Singapore-based firm has headwinds to overcome first before its share price stops falling. Insider Sold SE Stock On Jan. 4, Chinese gaming and social media firm Tencent Holdings (OTCMKTS:TCEHY) sold a whopping 14.5 million shares for $208 each. After t

SoFi Technologies(SOFI) has filed forms to the U.S. Securities and Exchange Commission (SEC) detailing a resale of capital of $1 billion. The capital includes common stock, preferred stock, stock options and warrants. SOFI stock is down more than 55% year-to-date (YTD). SoFi Technologies (NASDAQ:SOFI) stock is in the spotlight today after a news-packed week. Shares are currently up almost 5%.First, shareholders voted last week to give the board discretionary authority to enact areverse stock splitover the next 12 months. SOFI stock shareholders expressed mixed views about this, as reverse splits are generally seen as a negative. However, a higher stock price could possibly attract more institutional interest and analyst coverage.Now, the fintech company hasfiled formsto the U.S. Secur

The electric vehicle (EV) space is sporting reasonable valuations, thanks to the correction witnessed amid the current geopolitical and macroeconomic turbulences. After peaking at $57.71 on Nov. 22, 2021, the iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) has pulled back notably toward its lowest level in about 1-1/2 half years. Apparently, there is a mismatch between valuations and the outlook for EVs. There is no denying of the fact that the present is tense for the industry. Components are in short supply and the Covid lockdowns in China hasn’t helped matters any further. The demand picture isn’t very encouraging as well, as inflation and a rising rate environment have set tongues wagging about demand destruction. For those willing to look past the current noises, the rewards coul

Amidst the selloff in the stock market, investors are increasingly focused on identifying high-quality stocks that are trading below fair value. Different analysts may use different quantitative methods to find the fair value of a stock.For instance, Morningstararrives at a company’s fair value by determining “how much we would pay today for all the streams of excess cash generated by the company in the future.”Their analysts use a “detailed discounted cash-flow model”that factors in projections for a firm’s income statement, balance sheet, and cash-flow statement.Investors have access to various market screeners to find high-quality stocks that trade below fair value. I  used a screener.With that information, here are seven high-quality stocks that are currently trading beh

Bank of America(NYSE:BAC) stock has been largely sideways for the last 12 months. While there is little to talk about it in terms of price action, Bank of America seems to be making significant inroads into sustainable finance. Over the medium- to long-term, the sustainable finance theme is likely to create value for investors. This makes BAC stock attractive at a forward price-to-earnings ratio of 12.66. Let’s discuss sustainable finance and why it is likely to have a positive impact on value creation. Bank of America recently announced that itdeployed $250 billion in sustainable financein 2021. Furthermore, the bank is accelerating its capital mobilization and plans to deploy $1.5 trillion in sustainable finance by 2030. Climate change and a more equitable future are some of the biggest

The appetite for meme stocks that swept Wall Street in early 2021 may have lost its steam but the phenomenon is still alive and kicking. The likes ofAMC(NYSE:AMC) andGameStop(NYSE:GME) became the poster children for the meme phenomenon – one which was driven by retail investors.This social-media-driven buying was well supported by discount brokerages, which offer the convenience of trading from anywhere on a mobile phone and allow zero-commission trades. For investors, meme stocks provided an option to splurge the disposable income they accumulated due to limited spending avenues during the pandemic.Social media discussion areas such as the “WallStreetBets” Reddit forum served as places for rallying investors around stocks considered underdogs. This led to mass and concerted buying in thes

With Twitter (NYSE:TWTR) and TWTR stock facing multiple, tough threats and possessing no major positive catalysts, I recommend that investors sell the shares. Overall, the biggest threat facing Twitter and its shares is the possibility that the takeover of the company — led by Tesla (NASDAQ:TSLA) CEO Elon Musk — will not close. Such an outcome could occur if regulators, many of whom are probably not pleased with Musk, find a reason to decline to approve the transaction. Additionally, Musk could back out of the transaction because he does not have the stomach to deal with constant criticism of him and his free-speech principles. Or, he could bow out due to the possibility of the takeover materially harming Tesla. Meanwhile, research firm Hindenburg, which is shorting TWTR stock, recently wa

Shares ofSoFi(NASDAQ:SOFI) are in full-focus after a proxy statement revealed that the company may be contemplating areverse stock split. At the July 12 annual stockholders meeting, investors will be allowed to vote on whether or not to grant SoFi’s board the power to enact a reverse stock split over the next year. To be clear, shareholders are not voting to enact a reverse stock split now but rather the power to grant SoFi’s board discretionary authority to do so.A reverse stock split is when a company reduces the number of outstanding shares in order to boost share price. For example, envision that you own two shares of SoFi that are trading at $6. After a 1-for-2 reverse split, the price would change to $12 and you would only own one share. However, the market capitalization would remai

Shopify(SHOP) stock is down 72% this year and could go lower. CEO Tobias Lutke’s love for crypto has become a distraction and his demand for control problematic. Shopify’s latest acquisition needs to deliver profits fast to get analysts back on-side. I have never been a fan ofShopify(NYSE:SHOP) stock.I have been forced to eat my words.I called Shopify a bubble stockin 2017. I told investors to ignore the crowd rushing into itin 2019.At the time of my 2019 story, Shopify was trading at about $315/share. It opened June 14 at around $315.All internet stocks have had a tough 2022. TheNasdaqaverage is down 27%, solidly in bear market territory. MightyAmazon (NASDAQ:AMZN) is down 37%. But investor losses at the Canadian e-commerce player top them all, the stock down 72%.Shopify shares cost

Occidental Petroleum (OXY)Berkshire added to itsOccidental Petroleum(NYSE:OXY) position aggressively. At a 17.4% stake, it may position itself to take over Occidental. Still, Buffett may not want to deal with all the regulatory requirements of a takeover. Investors should consider OXY stock as a good investment instead.The energy firm is taking advantage of high energy prices. It will use its free cash flow to cut its debt. In January, S&P raised Occidental’sdebt rating to BB+. Persistently high energy prices will increase Occidental’s profits. It will retire more debt and reach investment-grade status.OPEC is unlikely to increase the oil supply. It does not have any spare capacity to do so. In addition, energy demand will rise as summer travel increases. As the colder season approache