Data News > Pre Market Movers: 7 Nasdaq Stocks to Sell in April Before They Crash & Burn

Pre Market Movers: 7 Nasdaq Stocks to Sell in April Before They Crash & Burn

By KlickAnalytics Data Insights  |   April 3, 2024 09:30AM ET

Key Points

- Nasdaq is experiencing a strong performance in the stock market
- Three stocks are predicted to experience significant growth in 2024
- Apple became a benchmark company in 2014, attracting investor interest
- The glory days of the iPhone are in the past
- Interest in iPhone apps and digital content is declining

The Nasdaq has been performing exceptionally well in the stock market, with the broad macroeconomic picture favoring growth stocks. However, despite this positive trend, there are seven Nasdaq stocks that investors should consider selling in April before they potentially crash and burn.

In contrast to the stocks to sell, there are three stocks that are poised for massive growth in 2024. These stocks have been identified as potential candidates to follow in the footsteps of Nvidia, a company that has experienced significant success in the market.

One of the most notable companies in the Nasdaq is Apple (NASDAQ: AAPL), which has been considered the benchmark company since 2014. This status was further solidified in 2016 when Warren Buffett himself invested in the company. As a result, investors around the world have been on the lookout for the 'next Apple' in hopes of replicating its success.

Despite its historical success, the iPhone, which has been a major contributor to Apple's growth, is facing a decline in its glory days. Interest in the apps and digital content that the iPhone's iOS has historically spurred is also cooling off, indicating a shift in consumer behavior and preferences.

In light of these developments, investors should carefully consider their positions in Nasdaq stocks, particularly those that are showing signs of potential decline. It is important to stay informed about market trends and make strategic decisions to protect one's investment portfolio.

About AAPL
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.

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  • Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.