20 "Past Their Prime" Stocks to Dump From Your Portfolio in 2021

Posted on Friday, June 25th, 2021 by MarketBeat Staff
Did you know the S&P 500 as we know it today does not look anything close to what it looked like 30 years ago? In 1987, IBM, Exxon, GE, Shell, AT&T, Merck, Du Pont, Philip Morris, Ford, and GM had the largest market caps on the S&P 500. ExxonMobil is the only company on that list to remain in the top 10 in 2021. Even 15 years ago, companies like Radio Shack, AOL, Yahoo, and Blockbuster were an important part of the S&P 500. Now, these companies no longer exist as public companies.

As the years go by, some companies lose their luster, and others rise to the top of the markets. We've already seen this in the last few decades, with tech companies surpassing industrial and energy companies that once dominated the S&P 500. It's hard to know what the next mega-trend will be that will knock Apple, Google, and Amazon off the top rankings of the S&P 500, but we know that companies won't stay on the S&P 500 forever.

We've identified 20 companies that are past their prime. They aren't at risk of a near-term delisting from the S&P 500, but they show negative earnings growth for the next several years. If you own any of these stocks, consider selling them now before they become the next Yahoo, Radio Shack, Blockbuster, AOL and are sold off for a fraction of their former value.

#1 - Ideanomics (NASDAQ:IDEX)

Trailing Twelve Months EPS: ($0.43)
2021 EPS Estimate: ($0.05)
2022 EPS Estimate: ($0.07)

Stock Price: $3.10
Consensus Rating: Buy
Ratings Breakdown: 1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $7.00 (125.8% Upside)

Ideanomics logoIdeanomics, Inc focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Its Ideanomics Mobility division facilitates the adoption of electric vehicles by commercial fleet operators. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. Read More 


#2 - Romeo Power (NYSE:RMO)

Trailing Twelve Months EPS: ($0.54)
2021 EPS Estimate: $0.19
2022 EPS Estimate: ($0.69)

Stock Price: $8.72
Consensus Rating: Hold
Ratings Breakdown: 2 Buy Ratings, 1 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $11.68 (33.9% Upside)

Romeo Power logoRomeo Power, Inc, an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles in North America. The company operates through two segments, Romeo Power North America and Joint Venture Support. The Romeo Power North America segment designs and manufactures battery modules, battery packs, and battery management system technologies in North America. Read More 

#3 - Cassava Sciences (NASDAQ:SAVA)

Trailing Twelve Months EPS: ($0.24)
2021 EPS Estimate: $0.24
2022 EPS Estimate: ($0.95)

Stock Price: $80.71
Consensus Rating: Buy
Ratings Breakdown: 5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $54.25 (32.8% Downside)

Cassava Sciences logoCassava Sciences, Inc, a clinical stage biotechnology company, develops drugs for neurodegenerative diseases. Its lead therapeutic product candidate is simufilam, a small molecule drug, which is completed Phase 2b clinical trial; and investigational diagnostic product candidate is SavaDx, a blood-based biomarker/diagnostic to detect Alzheimer's disease. Read More 

#4 - CRISPR Therapeutics (NASDAQ:CRSP)

Trailing Twelve Months EPS: ($5.29)
2021 EPS Estimate: $0.66
2022 EPS Estimate: ($6.23)

Stock Price: $138.47
Consensus Rating: Buy
Ratings Breakdown: 14 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $157.67 (13.9% Upside)

CRISPR Therapeutics logoCRISPR Therapeutics AG, a gene editing company, focuses on developing transformative gene-based medicines for serious human diseases. The company develops its products using Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)/CRISPR-associated protein 9 (Cas9), a gene editing technology that allows for precise directed changes to genomic DNA. Read More 

#5 - Duck Creek Technologies (NASDAQ:DCT)

Trailing Twelve Months EPS: ($0.11)
2021 EPS Estimate: ($0.08)
2022 EPS Estimate: ($0.09)

Stock Price: $42.50
Consensus Rating: Buy
Ratings Breakdown: 9 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $48.30 (13.6% Upside)

Duck Creek Technologies logoDuck Creek Technologies, Inc provides software-as-a-service core systems to the property and casualty insurance industry in North America. It offers Duck Creek Policy, a full lifecycle solution for the development of products and quoting, binding, and servicing of policies across various channels from agents and brokers to end-users; Duck Creek Billing that provides payment and invoicing capabilities, such as billing and collections, commission processing, disbursement management, and general ledger capabilities for insurance lines and bill types; and Duck Creek Claims that supports the entire claims lifecycle from first notice of loss through investigation, payments, negotiations, reporting, and closure. Read More 

#6 - Sunrun (NASDAQ:RUN)

Trailing Twelve Months EPS: ($0.42)
2021 EPS Estimate: ($0.16)
2022 EPS Estimate: ($0.34)

Stock Price: $54.70
Consensus Rating: Buy
Ratings Breakdown: 20 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $80.45 (47.1% Upside)

Sunrun logoSunrun Inc engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems. Read More 

#7 - Apergy (NYSE:APY)

Trailing Twelve Months EPS: $0.99
2021 EPS Estimate: ($0.25)
2022 EPS Estimate: ($0.50)

Stock Price: $27.45
Consensus Rating: N/A
Ratings Breakdown: 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: N/A

Apergy logoApergy Corporation provides engineered equipment and technologies that help companies drill for and produce oil and gas worldwide. The company operates through two segments, Production & Automation Technologies and Drilling Technologies. The Production & Automation Technologies segment offers artificial lift equipment and solutions, including rod pumping systems, electric submersible pump systems, progressive cavity pumps, and drive systems and plunger lifts; and automation and digital equipment, software, and industrial Internet of things solutions for downhole monitoring, wellsite productivity enhancement, and asset integrity management. Read More 

#8 - Tuya (NASDAQ:TUYA)

2021 EPS Estimate: ($0.16)
2022 EPS Estimate: ($0.20)

Stock Price: $24.59
Consensus Rating: Buy
Ratings Breakdown: 2 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $24.00 (2.4% Downside)

Tuya logoTuya Inc engages in the cloud and application development business. It provides purpose-built Internet of Things (IoT) cloud platform that delivers a suite of offerings, including Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS) to original equipment manufacturers, industry operators, and system integrators. Read More 

#9 - Tellurian (NASDAQ:TELL)

Trailing Twelve Months EPS: ($0.46)
2021 EPS Estimate: ($0.18)
2022 EPS Estimate: ($0.24)

Stock Price: $4.20
Consensus Rating: Buy
Ratings Breakdown: 3 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $6.32 (50.4% Upside)

Tellurian logoTellurian Inc engages in the natural gas business worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) marketing, and infrastructure assets that includes an approximately 27.6 million tonnes per annum LNG terminal facility and an associated pipeline in southwest Louisiana. Read More 

#10 - Sprint (NYSE:S)

Trailing Twelve Months EPS: $0.01
2021 EPS Estimate: ($0.18)
2022 EPS Estimate: ($0.23)

Stock Price: $0.00
Consensus Rating: N/A
Ratings Breakdown: 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: N/A

Sprint logoSprint Corporation, together with its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the United States Virgin Islands. It operates in two segments, Wireless and Wireline. Read More 

#11 - Seabridge Gold (NYSE:SA)

Trailing Twelve Months EPS: ($0.17)
2021 EPS Estimate: ($0.18)
2022 EPS Estimate: ($0.22)

Stock Price: $18.07
Consensus Rating: Buy
Ratings Breakdown: 2 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $68.00 (276.3% Upside)

Seabridge Gold logoSeabridge Gold Inc, together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for copper, silver, rhenium, and molybdenum ores. Its principal projects are 100% owned Kerr-Sulphurets-Mitchell property and Iskut project located in British Columbia, Canada; Courageous Lake property situated in Northwest Territories, Canada; Snowstorm project located in the Getchell Gold Belt of Northern Nevada; and 3 Aces project located in the Yukon Territory. Read More 

#12 - Bionano Genomics (NASDAQ:BNGO)

Trailing Twelve Months EPS: ($0.39)
2021 EPS Estimate: ($0.19)
2022 EPS Estimate: ($0.24)

Stock Price: $7.22
Consensus Rating: Buy
Ratings Breakdown: 4 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $10.06 (39.4% Upside)

Bionano Genomics logoBionano Genomics, Inc operates as a life sciences instrumentation company in the genome analysis space. The company develops and markets the Saphyr system, a platform for ultra-sensitive and ultra-specific structural variation detection that enables researchers and clinicians to accelerate the search for new diagnostics and therapeutic targets, and to streamline the study of changes in chromosomes. Read More 

#13 - Genius Sports (NYSE:GENI)

2021 EPS Estimate: ($0.18)
2022 EPS Estimate: ($0.21)

Stock Price: $18.91
Consensus Rating: Buy
Ratings Breakdown: 4 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $31.00 (63.9% Upside)

Genius Sports logoGenius Sports Limited develops and sells technology-led products and services to the sports, sports betting, and sports media industries. It offers technology infrastructure for the collection, integration, and distribution of live data of sports leagues, as well as online and offline education, and consultancy services; live sports data collection, oddsmaking, risk management, and player marketing services; and various online marketing and fan engagement tools for customer acquisition and retention. Read More 

#14 - 21Vianet Group (NASDAQ:VNET)

Trailing Twelve Months EPS: ($4.14)
2021 EPS Estimate: ($0.38)
2022 EPS Estimate: ($0.68)

Stock Price: $22.98
Consensus Rating: Buy
Ratings Breakdown: 4 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $43.50 (89.3% Upside)

21Vianet Group logo21Vianet Group, Inc, an investment holding company, provides hosting and related services to Internet companies, government entities, blue-chip enterprises, and small-to mid-sized enterprises in the People's Republic of China. It offers hosting and related services to house servers and networking equipment in its data centers, and connects them through a data transmission network. Read More 

#15 - QuantumScape (NYSE:QS)

Trailing Twelve Months EPS: ($0.39)
2021 EPS Estimate: ($0.24)
2022 EPS Estimate: ($0.27)

Stock Price: $28.91
Consensus Rating: Hold
Ratings Breakdown: 2 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $45.67 (58.0% Upside)

QuantumScape logoQuantumScape Corporation, a development stage company, engages in the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

#16 - PureCycle Technologies (NYSE:PCT)

2021 EPS Estimate: ($0.37)
2022 EPS Estimate: ($0.58)

Stock Price: $25.57
Consensus Rating: Buy
Ratings Breakdown: 4 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $34.33 (34.3% Upside)

PureCycle Technologies logoPureCycle Technologies LLC produces recycled polypropylene. It uses a recycling process that separates color, odor, and contaminants from plastic waste feedstock into recycled polypropylene. Its recycling service converts waste plastic into virgin-like plastic. The company was founded in 2015 and is based in Orlando, Florida.

#17 - ON24 (NYSE:ONTF)

Trailing Twelve Months EPS: $1.28
2021 EPS Estimate: ($0.58)
2022 EPS Estimate: ($1.39)

Stock Price: $36.82
P/E Ratio: 28.8
Consensus Rating: Buy
Ratings Breakdown: 8 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $66.43 (80.4% Upside)

ON24 logoON24, Inc provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company provides ON24 Experience products, such as ON24 Elite, a live and interactive webinar experience; ON24 Virtual Environment, a live and large scale virtual event experience; ON24 Engagement Hub, a rich multimedia content experience; and ON24 Target, a personalized and curated rich multimedia content experience, as well as solutions, including ON24 Intelligence, an analytics backbone that captures first-person data to power the insights, benchmarking, reporting, and artificial intelligence and machine learning engine; and ON24 Connect, an ecosystem of third-party application integrations. Read More 

#18 - Luminar Technologies (NASDAQ:LAZR)

2021 EPS Estimate: ($0.29)
2022 EPS Estimate: ($0.34)

Stock Price: $24.98
Consensus Rating: Buy
Ratings Breakdown: 6 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $32.00 (28.1% Upside)

Luminar Technologies logoLuminar Technologies, Inc operates as a vehicle sensor and software company for passenger cars and commercial trucks. The company operates in two segments, Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment designs, manufactures, and sells lidar sensors, and related perception and autonomy software solutions for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and other related industries. Read More 

#19 - Rush Street Interactive (NYSE:RSI)

Trailing Twelve Months EPS: ($0.01)
2021 EPS Estimate: ($0.33)
2022 EPS Estimate: ($0.44)

Stock Price: $12.88
Consensus Rating: Buy
Ratings Breakdown: 5 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $25.00 (94.1% Upside)

Rush Street Interactive logo Read More 

#20 - indie Semiconductor (NASDAQ:INDI)

Trailing Twelve Months EPS: ($0.15)
2021 EPS Estimate: ($0.28)
2022 EPS Estimate: ($0.31)

Stock Price: $9.79
Consensus Rating: N/A
Ratings Breakdown: 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: N/A

indie Semiconductor logoindie Semiconductor, a fabless semiconductor company, designs and manufactures custom mixed-signal microcontrollers for automotive, medical, industrial, and consumer applications. The company offers custom solutions, standard products, and building blocks. It also integrates analog sub-systems, such as RF transceivers, power management circuitry, and sensor interfaces. Read More 

 

7 Stocks That Could Benefit From a Capital Gains Tax Hike

One thing every investor needs to learn is the effect of capital gains on their investments. Every time an investor sells a stock that has appreciated in value, that capital gain is subject to being taxed. Stocks that are held for less than a year pay a short-term capital gains tax rate. Stocks that are held for over a year pay a long-term capital gains tax rate.

In general, a capital gains tax hike is a bearish indicator for stocks. However, there are a couple of strategies that can help investors avoid some of the tax hit. One strategy is to keep your investments in an individual retirement account (IRA) or 401(k). However many higher-income earners want to have more access to the funds in their brokerage accounts.

A sound strategy for these investors involves buying dividend stocks. Dividend income is also taxed (unless it is reinvested), but typically when the capital gains tax rate is raised, the dividend income rate stays the same. This makes dividend stocks more attractive.

Investing in dividend stocks is never a bad idea, but at times when the capital gains tax rate is favorable, growth stocks provide a better reward for investor capital. But when long-term capital gains tax rates go up, those gains can get expensive.

In this special presentation, we’ll give you seven stocks that have a nice dividend yield and a strong story to go along with them.

View the "7 Stocks That Could Benefit From a Capital Gains Tax Hike" Here.







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