For Immediate Release
Chicago, IL – July 22, 2019 - Stocks in this week’s article are Live Nation Entertainment, Inc. LYV, Calix, Inc. CALX, Sandstorm Gold Ltd. SAND and Clearwater Paper Corp. CLW.
4 Toxic Stocks to Abandon or Sell Short for Solid Gains
Precise identification of rightly-priced stocks is the key to successful investing. However, in reality, overpriced toxic stocks and the correctly-priced stocks are intertwined in such a way that it is difficult to distinguish between the two.
Generally, overhyped toxic stocks are susceptible to outside shocks. Also, these stocks are burdened with a high level of debt. The price of these stocks is artificially kept inflated. Nonetheless, the higher price of toxic stocks is only temporary as it exceeds its intrinsic value.
Investors are likely to gain from accurate identification of toxic stocks with the help of an investing strategy called short selling. This strategy allows investors to sell a stock first and then buy it when price falls.
While short selling excels in bear markets, it typically loses money in bull markets.
So correctly identifying toxic stocks and abandoning or short selling those at the right time is the key to protect your portfolio from big losses.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/445390/4-toxic-stocks-to-abandon-or-sell-short-for-solid-gains
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.
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Calix, Inc (CALX) : Free Stock Analysis Report
Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report
Sandstorm Gold Ltd (SAND) : Free Stock Analysis Report
Clearwater Paper Corporation (CLW) : Free Stock Analysis Report
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