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3 Stocks To Sell If You’re Bearish On Crypto

The largest cryptocurrency, Bitcoin, topped the $20,000 barrier on Friday on optimistic market sentiments about a possible drop in inflation numbers. The second largest crypto, Ether, also rose on Friday. However, additional interest rate hikes will likely constrict the economy, which is expected to create pressure on the relatively riskier crypto market. Experts believe cryptocurrencies […]

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  • 3 Tech Stocks Experiencing Major Declines Right Now

    The tech-heavy Nasdaq composite is down about 25% year-to-date and is expected to keep losing on concerns over rising interest rates and a potential recession this year. The rising interest rate environment has significantly affected the capital-intensive tech industry, as their borrowing costs have increased considerably. The August inflation report came in hotter than anticipated, undermining […]

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  • This Stock Is A Falling Knife, Not A Buy Opportunity

    Palantir Technologies Inc. (PLTR) builds software platforms that help organizations integrate their data, decisions, and operations at scale. The company operates through two segments: Commercial and Government. The Commercial segment serves customers working in non-government industries. The Government segment serves customers in the United States federal government and non-U.S. governments. It has built three principal […]

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  • 1 Auto Stock To Sell And 2 To Buy

    Lingering logistic disruptions in the semiconductor chip sector have caused substantial productivity hindrances in the auto industry. According to AutoForecast Solutions, microchip shortages have forced automakers globally to cut over 13 million vehicles from production plans since 2021. Given the backdrop, it might be wise to avoid fundamentally weak auto stock Mullen Automotive Inc. (MULN). However, the […]

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  • Can Zoom (ZM) Hold This Level?

    Zoom Video Communications, Inc. engages in the provision of video-first communications platform. The firm offers meetings, chat, rooms and workspaces, phone systems, video webinars, marketplace, and developer platform products. Take a look at the 1-year chart of Zoom (NASDAQ: ZM) below with added notations: After putting in its 52-week low back in May, ZM is now […]

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  • 1 EV Stock To Buy That Is Not Tesla

    Given its steady growth, electric vehicle (EV) giant Tesla, Inc. (TSLA) has secured a position in many investors’ portfolios. However, the stock has plunged 14.9% year-to-date to close its last trading session at $299.68. In addition, the stock is currently trading at a premium valuation. TSLA’s forward Price/Sales multiple of 11.02x is 1113.8% higher than […]

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  • 4 Tech Stocks Under $50 To Buy Now

    Inflation is still hovering around the 40-year high, and the Federal Reserve is trying to fight it by hiking interest rates. This has led the capital-intensive tech industry to witness a massive sell-off on investors’ concerns over their rising borrowing costs. However, rising investments and increasing enterprises’ dependence on technology solutions brightens the industry’s long-term […]

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  • 2 Vulnerable Social Media Stocks To Get Rid Of Now

    U.S. social media ad sales experienced a blowout last year, growing 36% to reach $58 billion. However, since then, sales have cooled as the high inflation has created an environment where brands are prone to spend less on advertising. Moreover, ad spending contracted 12.7% year-over-year in July, registering the worst monthly decline since the same month in 2020. […]

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  • This 1 Tech Stock Could Become The Next Microsoft

    International Business Machines Corporation (IBM) is a technology company that operates as a global integrated solutions and services provider. The company functions through the four broad business segments: Software; Consulting; Infrastructure; and Financing. It has a $116.22 billion market capitalization. On the other hand, Microsoft Corporation (MSFT) is a software behemoth providing software services, solutions, […]

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