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Zacks.com featured highlights include: New Fortress Energy, Cameco Corp, Carrols Restaurant and Las Vegas Sands

Zacks Equity Research
·4 min read

For Immediate Release

Chicago, IL – November 13, 2020 – Stocks in this week’s article are New Fortress Energy Inc. NFE, Cameco Corporation CCJ, Carrols Restaurant Group, Inc. TAST and Las Vegas Sands Corp. LVS.

Protect Your Portfolio by Dumping These 4 Toxic Stocks

Investing in a stock whose current price is not rationally justified by its true potential is sure to result in loss over time. Identifying such bloated stocks accurately and dumping them at the right time can protect your portfolio.

Overpricing of these toxic stocks can be attributed to either an irrational exuberance associated with them or some serious drawbacks. And if you own such stocks for an inordinate period of time, you are likely to see significant erosion of your wealth.

However, if you can correctly detect such toxic stocks, you may gain in a bear market by resorting to an investing strategy called short selling. This strategy allows one to sell a stock first and then buy it when the price falls. Naturally, short selling excels in bear markets, while it typically loses money in bull markets.

So, just like identifying promising stocks, detecting toxic stocks and dumping them at the right time is crucial to safeguarding one's portfolio from big losses or earning profits by short selling them.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1100792/protect-your-portfolio-by-dumping-these-4-toxic-stocks

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

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Contact: Jim Giaquinto

Company: Zacks.com

Phone: 312-265-9268

Email: pr@zacks.com

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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.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report
Carrols Restaurant Group, Inc. (TAST) : Free Stock Analysis Report
Cameco Corporation (CCJ) : Free Stock Analysis Report
New Fortress Energy LLC (NFE) : Free Stock Analysis Report
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Zacks Investment Research