As life returns to normal, some tech names that have enjoyed powerful tailwinds during the pandemic may see their momentum fade.
It’s a good time of the year to identify which stocks to sell to lock in profits.Ĭertain categories of stocks look particularly vulnerable these days. Therefore today, I would like to discuss seven stocks to sell as the final quarter of 2021 approaches. Those companies with shaky fundamentals, such as special purpose acquisition companies (SPSCs) or unprofitable tech firms, have recently seen their shares slide considerably. Meanwhile, September has meant choppiness in the markets. But while leading stocks continue to deliver lucrative returns, many businesses have gone through a volatile summer.
Broader market indices, including the S&P 500 and Nasdaq 100, are hovering near all-time highs.