Stocks to sell

You don’t need any special skill sets to recognize the dire picture for Carnival (NYSE:CCL). Recently, S&P Global Ratings downgraded the cruise ship operator’s long-term credit rating by three levels to BB-. This cut comes after Moody’s Investors Services rated the company as “junk.” Naturally, this leaves CCL stock in quite a predicament. Source: Ruth
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The writing has been on the wall for quite some time for Chesapeake Energy (NYSE:CHK) stock. Over the last few weeks, the company underwent a 200:1 reverse stock split. It was drowning in $9 billion in debt. Then, weeks later it told the U.S. regulators there was “substantial doubt about the company’s ability to continue as
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If you’re in upper management at United Airlines (NASDAQ:UAL), U.S. Surgeon General Dr. Jerome Adams probably doesn’t rank among your favorite people in government. It was his exasperated plea to the public not to buy masks that resulted in a concerted public campaign effort to save protective equipment for healthcare professionals. But subsequent confusion about
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Virgin Galactic (NYSE:SPCE) seems to be in the business of making news. For example, the company is pointing to increased demand for space travel even though they still seem years away from putting those individuals in flight. However, that doesn’t seem to be deterring investors from buying SPCE stock. In fact, the stock is up
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With more than half the states in the U.S. considering some measures to slow down their re-opening efforts due to surging novel coronavirus cases, the markets are once again having to adjust to events. Although many might see this as an opportunity to buy blue-chip stocks, not all of these investments are practical right now.
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