While tech seemed to have a resurgence in August and gave growth investors some hope in an utterly miserable year on the market, the sector is once again on the downturn. The miserable year for tech stocks just won’t end, so nobody could really blame you if you started looking for tech stocks to sell. DoubleDown Interactive ( DDI): This doesn’t appear to be a good time to double down on DDI stock.Zoom Video Communications ( ZM): It’s unlikely that ZM stock will give you anything but pain for the rest of the year.PayPal Holdings ( PYPL): PayPal is up in recent weeks, but investors shouldn’t be fooled by the bull run.Penn Entertainment ( PENN): PENN has shown a habit in recent quarters of hitting its revenue goals but missing on earnings.Intel ( INTC): The personal computer market is expected to drop by 10% this year, or even more, according to Intel CEO David Zinsner.Stitch Fix ( SFIX): A tightening economy leaves less discretionary income for Stitch Fix customers to spend on new outfits.Pegasystems ( PEGA): Pegasystems offers an AI-powered software-as-a-service (SaaS) platform that helps business and government agencies improve workflow and automation.In fact, they all get an “F” rating in the Portfolio Grader. These tech stocks to sell simply don’t make the grade.
0 kommentar(er)
