Tag

Sell

All articles tagged with #sell

SanDisk Rally Signals Risk: 27% Downside Ahead
markets23 days ago

SanDisk Rally Signals Risk: 27% Downside Ahead

SanDisk has surged ~4,800% in the past year on an AI memory cycle, but 24/7 Wall St.'s price target of $1,704.60 implies ~27% downside from current levels, with a bear case near $1,204. The note cites a sky‑high RSI near 99, lofty valuation, and reliance on multi-year contracted revenue; bulls see potential upside if those contracts hold, but the risk/reward is unfavorable at current prices, leading to a SELL recommendation with 90% model confidence.

Jim Cramer's Bitcoin Confessions: From Premature to Advocating Buying Amid Price Surge
cryptocurrency2 years ago

Jim Cramer's Bitcoin Confessions: From Premature to Advocating Buying Amid Price Surge

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.

"Q1 Bank Earnings: Investment Strategies for Traders"
finance3 years ago

"Q1 Bank Earnings: Investment Strategies for Traders"

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 Admits Mistake, Congratulates Dip Buyers and Hints at Market Rally
finance3 years ago

Michael Burry Admits Mistake, Congratulates Dip Buyers and Hints at Market Rally

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.