For Immediate Release
Chicago, IL – November 23, 2018 - Stocks in this week’s article include: Agnico Eagle Mines Ltd. AEM, First Majestic Silver Corp. AG, Covanta Holding Corporation CVA and Superior Industries International, Inc. SUP.
Screen of the Week of Zacks Investment Research:
4 Toxic Stocks to Discard or Sell Short for Solid Gains
Accurate identification of the correctly-priced stocks is the key for successful investing. However, in practice, correctly-priced stocks and overpriced toxic stocks are intermixed in such a way that it is difficult to distinguish those.
Generally, overpriced toxic stocks are vulnerable to external shocks. Moreover, these stocks are burdened with a large amount of debt. The price of these stocks is artificially inflated. Nonetheless, the elevated price of toxic stocks is only short-lived in nature as it is higher than its true intrinsic value.
Investors are likely to benefit 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, precisely pinpointing toxic stocks, and abandoning or short selling those at the right time is the key to cushioning your portfolio from big losses.
And that's what we're screening for today…
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/338689/4-toxic-stocks-to-discard-or-sell-short-for-solid-gains
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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.
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Contact: Jim Giaquinto
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Superior Industries International, Inc. (SUP) : Free Stock Analysis Report
Agnico Eagle Mines Limited (AEM) : Free Stock Analysis Report
First Majestic Silver Corp. (AG) : Free Stock Analysis Report
Covanta Holding Corporation (CVA) : Free Stock Analysis Report
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