For Immediate Release
Chicago, IL – November 29, 2019 - Stocks in this week’s article are Live Nation Entertainment, Inc. LYV, PTC Inc. PTC and Exterran Corp. EXTN.
Discard These 3 Toxic Stocks Right Away
Accurate identification of rightly-priced stocks is the key to successful investing. However, in practice, it is difficult to determine whether a stock is overpriced or is trading close to its intrinsic value.
Generally, toxic stocks are susceptible to outside shocks. Moreover, these stocks have a high level of debt. The price of these stocks is artificially inflated. Nonetheless, the high price is only short-lived as it is higher than its true intrinsic value.
Investors are likely to benefit from the identification of toxic stocks with the help of an investing strategy called short selling. This allows investors to sell a stock first and then buy it when its price falls.
While short selling excels in bear markets, it doesn’t work in bull markets.
So accurately identifying toxic stocks and abandoning or short selling those at the right time is the key to safeguard 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/643016/discard-these-3-toxic-stocks-right-away
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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PTC Inc. (PTC) : Free Stock Analysis Report
Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report
Exterran Corporation (EXTN) : Free Stock Analysis Report
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