3 Must-Sell Stocks Before the Market Crashes

Market Overview - The current market conditions indicate potential turbulence, prompting a review of investment portfolios, particularly in the communication, technology, and consumer discretionary sectors [1][2][3] Technology Sector - Technology stocks are experiencing declines despite the hype around AI and innovations, indicating vulnerabilities in this sector [2][3] - Snowflake (NYSE:SNOW) reported a 34% year-over-year increase in product revenue, reaching $790 million in Q1, but faces revenue variability and forecasting challenges [7][8] - Snowflake's operating margin is projected to drop to 3% for fiscal 2025 due to increased costs from AI investments, raising concerns about financial pressure and growth sustainability [8][9] Consumer Discretionary Sector - The consumer discretionary sector is sensitive to economic slowdowns, relying heavily on individual spending power [2][3] - Big Lots (NYSE:BIG) experienced a 9.9% decline in comparable sales in Q1, reflecting broader issues in customer attraction and retention, with a revenue drop of approximately $100 million [10][11] - Weak sales at Big Lots indicate challenges in consumer sentiment and store traffic, raising concerns about the company's growth strategy and financial stability [11] Company-Specific Challenges - Trump Media & Technology (NASDAQ:DJT) reported a significant operating loss of $327.6 million in Q1 2024, primarily due to non-cash expenses, highlighting severe financial challenges [4][5][6] - The company's revenue for Q1 2024 was only $770,500, indicating difficulties in scaling its business model despite its public debut [5][6]