7 Stocks to Sell Before They Head to the Graveyard

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7 Stocks to Sell Before They Head to the Graveyard

InvestorPlace2022-10-20

Worse yet, rising interest rates and a possible recession could not only push certain growth plays, such as these seven stocks to sell, lower. These factors could also keep them languishing at rock ...

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·2022-10-20
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These factors could also keep them languishing at rock ...</p>\n\n<a href=\"https://investorplace.com/2022/10/7-stocks-to-sell-before-they-head-to-the-graveyard/\">Source Link</a>\n\n</div>\n","source":"investorplace","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Stocks to Sell Before They Head to the Graveyard</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Stocks to Sell Before They Head to the Graveyard\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-20 04:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/10/7-stocks-to-sell-before-they-head-to-the-graveyard/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Worse yet, rising interest rates and a possible recession could not only push certain growth plays, such as these seven stocks to sell, lower. These factors could also keep them languishing at rock ...</p>\n\n<a href=\"https://investorplace.com/2022/10/7-stocks-to-sell-before-they-head-to-the-graveyard/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QLD","symbol_name":"纳指两倍做多ETF","start_time":0,"source_url":"https://investorplace.com/2022/10/7-stocks-to-sell-before-they-head-to-the-graveyard/","article_id":"2276468046","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2276468046","pubTimestamp":1666210174,"sourceInfo":{"source_id":"investorplace","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Worse yet, rising interest rates and a possible recession could not only push certain growth plays, ","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"QLD":"纳指两倍做多ETF","LU0052750758.USD":"富兰克林中国基金A Acc","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","BK4023":"应用软件","BK4532":"文艺复兴科技持仓","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","NIO":"蔚来","BK4531":"中概回港概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4534":"瑞士信贷持仓","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","TQQQ":"纳指三倍做多ETF","NIO.SI":"蔚来","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4214":"汽车零售","BK4555":"新能源车","LU0823411888.USD":"法巴消费创新基金 Cap","QQQ":"纳指100ETF","BK4509":"腾讯概念","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4566":"资本集团","BK4536":"外卖概念","TSLA":"特斯拉","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4535":"淡马锡持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC",".IXIC":"NASDAQ Composite","BK4550":"红杉资本持仓","BK4526":"热门中概股","QID":"纳指两倍做空ETF","09866":"蔚来-SW","LU2063271972.USD":"富兰克林创新领域基金","BK4574":"无人驾驶","BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","UPST":"Upstart Holdings, Inc.","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4511":"特斯拉概念","MSTR":"MicroStrategy","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD"},"translate_title":"在他们去墓地之前要卖掉7只股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UPST":1,"TSLA":1,"MSTR":1,"NIO":1,".IXIC":0.68,"BTCmain":0.68,"TQQQ":0.6,"QQQ":0.6,"SQQQ":0.6,"NIO.SI":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"09866":0.6,"MNQmain":0.6},"content_text":"Worse yet, rising interest rates and a possible recession could not only push certain growth plays, such as these seven stocks to sell, lower. These factors could also keep them languishing at rock bottom prices for quite some time.\nAirbnb (ABNB): Despite \"cash cow\" status, changing economic conditions could apply more pressure to this popular travel stock.\nCarvana (CVNA): More pain for investors in this hard-hit automotive stock may lie ahead, as used car market conditions keep deteriorating.\nMicroStrategy (MSTR): This software firm's big bet on crypto could send shares lower, with little chance of climbing back up.\nNio (NIO): Growth deceleration extends this China EV maker's path to profitability, which could put more pressure on its valuation.\nTesla (TSLA): According to one analyst, this popular EV play may be at risk of becoming a \"zombie stock.\"\nUber Technologies (UBER): Unprofitable and overvalued, the ride-share and delivery app company's labor troubles could get worse.\nUpstart Holdings (UPST): Despite a big drop in its stock price, this fintech could take another plunge, if faith in its underwriting model unravels.\n\n\n\n\n\n \n\nSource: Shutterstock\n\n\n\nWith this year’s stock market downturn, it may seem too late to figure out which stocks to sell. Yet while major indices are down massively from their all-time highs, and scores of individual stocks have experienced far more severe price declines, many stocks still may have a ways to go before reaching their respective “bottoming out” moment.\nAs the Federal Reserve continues to raise interest rates to fight inflation, growth stocks, felled already by the impact of higher rates on their valuations, could continue to get knocked down further due to multiple compression.\nAlso, a recession may be just around the corner. According to a Bloomberg poll of economists, there is now a 60% chance of a U.S. Recession within the next twelve months. After reporting blockbuster results during the pandemic recovery, companies in more cyclical industries may be set to start reporting far less impressive numbers. This, too, could push former high-fliers lower.\nWorse yet, rising interest rates and a possible recession could not only push certain growth plays, such as these seven stocks to sell, even lower. These factors could also keep them languishing at rock-bottom prices for quite some time.\nABNB\nAirbnb\n$116.65\nCVNA\nCarvana\n$14.76\nMSTR\nMicroStrategy\n$225.72\nNIO\nNio\n$10.84\nTSLA\nTesla\n$221.77\nUBER\nUber Technologies\n$27.46\nUPST\nUpstart Holdings\n$22.68\n\n\n\n\n\n\nAirbnb (ABNB)\nSource: BigTunaOnline / Shutterstock.com\nCompared to other “shared economy” stocks, Airbnb (NASDAQ:ABNB) is admittedly in much better shape. In contrast to continued cash burn, as seen with another of the stocks to sell listed below, this vacation rental property platform operator is consistently profitable.\nAs an online commentator recently argued when discussing the strengths of ABNB stock, the company generates a high amount of free cash flow. It has little in the way of capital expenditures. However, this “cash cow” status may not be enough to keep the stock steady, much less send it higher. This status may also be fleeting.\nAs I’ve argued previously, a recession could end the “revenge travel” trend. Trading for 55 times earnings, growth deceleration, and rising interest rates could push Airbnb down to a lower valuation. This could harm its profitability/cash flow.\n\n\n\n\n\n\nCarvana (CVNA)\nSource: Jonathan Weiss / Shutterstock.com\nTake a look at a chart for Carvana (NYSE:CVNA), and it’s clear this stock has already made it to the market graveyard. So then, why even mention it as a stock to stay away from ahead of this fate?\nAs Louis Navellier discussed earlier this month, with its significant drop in price, some may be tempted to bottom-fish in CVNA stock, but to do so is a very risky move. Given that the used car market has only started to enter a downturn, there may be more pain ahead for investors.\nNavellier isn’t the only one arguing that the situation could get far worse for Carvana. On Oct. 18, Wedbush analyst Seth Basham downgraded the stock, citing issues like deteriorating market conditions and a bloated cost structure as major negatives. Carvana may have made its trip to the graveyard, yet the stock could get buried deeper from here.\n\n\n\n\n\n\nMicroStrategy (MSTR)\nSource: DCStockPhotography / Shutterstock.com\nFrom late 2020 through late 2021, shares in MicroStrategy (NASDAQ:MSTR) were flying high, but not because of anything to do with the software company’s legacy business. Rather, speculators bid up the company’s shares as the crypto bubble increased the value of MicroStrategy’s treasure trove of Bitcoins (BTC-USD).\nOf course, since then, with BTC’s collapse, so too has MSTR stock taken a big tumble. Since hitting prices topping $1,000 per share in February 2021, the stock today now trades for around $235 per share. CEO Michael Saylor’s push to invest MicroStrategy’s excess cash into this cryptocurrency has resulted in around $1 billion in paper losses.\nAlthough it’s possible BTC is bottoming out at present price levels, if the “crypto winter” continues and this alternative to traditional currency fails to become the “future of money,” MSTR could fall deeper, with little chance of climbing back up.\n\n\n\n\n\n\nNio (NIO)\nSource: Robert Way / Shutterstock.com\nWhile down significantly since the height of the bubble among electric vehicle (or EV) stocks, Nio (NYSE:NIO) remains far above its pre-boom price levels. As recently as mid-2020, shares in the China-based EV maker were changing hands in the low single-digits.\nHowever, a return to such bargain basement prices could be in the cards for NIO stock. Why? Nio’s quarterly revenue growth has been anemic lately due to macro headwinds in China. It’s starting to look questionable whether the company can get back into high-growth mode.\nSome may be bullish that Nio’s expansion into Europe enables the company to move out of the red, yet success outside its home turf could prove elusive. With high revenue growth, it will be difficult for Nio to become profitable. In time, failing to progress toward profitability may push it back to penny stock levels.\n\n\n\n\n\n\nTesla (TSLA)\nSource: Roschetzky Photography / Shutterstock.com\nAfter the stock’s incredible run from the early days of the pandemic to around a year ago, many Tesla (NASDAQ:TSLA) skeptics have kept quiet. However, one longtime critic has come out of the woodwork with the popular EV play’s pullback during this bear market.\nAnalyst David Trainer recently presented his new bear case for TSLA stock to the investing public. In a nutshell, Trainer argues that, due to higher interest rates, Tesla shares will either go nowhere or fall lower, even as the underlying company continues to grow. Hence, his declaration of it as a “zombie stock.”\nDespite holding onto its value much better than other “story stocks,” I wouldn’t dismiss Trainer’s argument that TSLA is one of the top stocks to sell. Shares could steadily move lower, cementing its status as an established automaker could reduce the company’s valuation premium over its “old school” competitors.\n\n\n\n\n\n\nUber Technologies (UBER)\nSource: Proxima Studio / Shutterstock.com\nUber Technologies (NYSE:UBER), like other tech/growth stocks, has taken a big hit since the market downturn kicked off last November. Shares in the rideshare and meal delivery app operator have lost more than half their value during this timeframe.\nStill, more downside may lie ahead for UBER stock. As I hinted at above, whereas Airbnb is profitable but overvalued, this particular “disruptor” is unprofitable and overvalued. Sell-side consensus doesn’t call for Uber to become profitable until at least 2024.\nBased on long-term projections, Uber Technologies could (in theory) eventually have the profitability needed to move higher from current prices. The problem is that hitting such projections is debatable. Changes in labor laws that are more favorable to drivers could result in a big jump in operating costs. Consider UBER one of the stocks to sell at the risk of tumbling into the graveyard.\n\n\n\n\n\n\nUpstart Holdings (UPST)\nSource: rafapress / Shutterstock.com\nUpstart Holdings (NASDAQ:UPST) is another stock in the stock market graveyard. Over the past year, this fintech firm’s shares have fallen a staggering 93.5%. Since July, the stock has languished between $20 and $30 per share.\nIndeed the situation can’t get worse for UPST stock, right? Not so fast. It makes sense why short interest in Upstart remains high (37.75% of float). As I have argued previously, the unfolding economic downturn could serve as a make-or-break test for this company’s loan underwriting platform (which uses algorithms powered by artificial intelligence or AI).\nIf Upstart’s underwriting method starts to have greater default rates than the traditional FICO method, it may mean “game over.” The company’s lending partners could lose faith in this would-be “disruptor,” causing its revenue and earnings to contract, possibly sending UPST on another double-digit move lower.\nOn the date of publication, Thomas Niel held a long position in BTC. He did not hold (either directly or indirectly) any other positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\n\nThomas Niel, contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2022/10/7-stocks-to-sell-before-they-head-to-the-graveyard/.\n©2022 InvestorPlace Media, LLC\n\n\n\n\n\nSponsored Headlines\n\n\n\n\n\n\n\n\n\n\n\n\n\t\t\t\t\tMore from InvestorPlace\t\t\t\t\n\n\n\n\n\n\n\n\n\n\n\n\t\t\t\t\t\t\t\t\tMarket Analysis\t\t\t\t\t\t\t\t\n\n\n\n\t\t\t\t\t\t\t\tSpace Stocks Will Mint Millionaires Upon Blastoff\t\t\t\t\t\t\t\n\n\n\n\t\t\t\t\t\t\tBy Luke Lango\n\n\t\t\t\t\t\t\t\tOct 19, 2022\t\t\t\t\t\t\t\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\t\t\t\t\t\t\t\tStocks to Buy\t\t\t\t\t\t\t\t\n\n\n\n\t\t\t\t\t\t\t\tCharge Up on CHPT Stock While It’s Still Out of Favor\t\t\t\t\t\t\t\n\n\n\n\t\t\t\t\t\t\tBy Louis Navellier and the InvestorPlace Research Staff\n\n\t\t\t\t\t\t\t\tOct 19, 2022\t\t\t\t\t\t\t\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\t\t\t\t\t\t\t\tHot Stocks\t\t\t\t\t\t\t\t\n\n\n\n\t\t\t\t\t\t\t\tGME Stock: Short Sellers Are Sleepwalking Into Another Squeeze\t\t\t\t\t\t\t\n\n\n\n\t\t\t\t\t\t\tBy Thomas Yeung\n\n\t\t\t\t\t\t\t\tOct 18, 2022","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9983514385,"gmtCreate":1666274340547,"gmtModify":1676537733941,"author":{"id":"3561676944889444","authorId":"3561676944889444","name":"HappyTrade","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3561676944889444","authorIdStr":"3561676944889444"},"htmlText":"OK&nbsp;","listText":"OK&nbsp;","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983514385","repostId":2276468046,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":5,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}