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Zacks Market Edge Highlights: Vericel, Tesla, Chewy, Alibaba and Facebook

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For Immediate Release

Chicago, IL – January 7, 2021 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

Should You Sell Your Big-Winner Stocks?

Welcome to Episode #254 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

This week, Tracey is joined by Zacks Senior Strategist, Kevin Cook, to talk about when to sell a hot stock.

2020 was quite the year on Wall Street with many hot stocks seeing big gains.

This has left many investors with double, triple or even bigger gains in just a short period of time.

And now they are asking: should I sell?

Have a Plan

The key to selling a stock is to have a plan. Hopefully you had one to buy the stock as well. Now is the time to ask a few questions.

1.       What is your objective? Is this a short-term trade or not? Is it a world-changing company or a momentum trade?

2.       What kind of money is it? Is it 2-month, 2-year or 20-year money?

3.       Why did you buy the company in the first place? Is it still following the same path? Does it have the same management?

5 Hot Stocks: Should You Sell?

1.       Vericel (VCEL - Free Report)  creates advanced cell therapy for sports medicine and severe burns. Shares doubled in the last six months of 2020. It’s hitting the price targets set by analysts. It now trades with a forward P/E of 91. Should you sell?

2.       Tesla (TSLA - Free Report)  was the hottest stock of 2020. But some investors are now sitting on huge gains, and this makes them nervous. Should you sell part of your gains? All of it? None of it?

3.       Chewy, Inc. (CHWY - Free Report) , the online pet retailer, was a big beneficiary of the pandemic. Shares soared in 2020, but have retreated 15% off the recent high. With the vaccine rolling out, should investors cash in on these pandemic winners?

4.       Alibaba (BABA - Free Report)  has been volatile on the news that the Chinese government is bringing regulatory pressure on the company. Shares are down 10% over the last month but were up 72% over the last 2-years. Should investors be selling?

5.       Facebook  is up 608% since its 2012 IPO. A lot of long-term investors are looking at a big winner. What should investors be doing with their big FAANG winners? Sell or hold?

What else do you need to know about when to sell a stock?

Listen to this week’s important podcast to find out.

[In full disclosure, Tracey owns shares of FB in her personal portfolio.]

Zacks Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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