For Immediate Release
Chicago, IL – May 12, 2021 – Stocks in this week’s article are HealthEquity, Inc. (
HQY Quick Quote HQY - Free Report) , NeoGenomics Inc. ( NEO Quick Quote NEO - Free Report) , The Howard Hughes Corp. ( HHC Quick Quote HHC - Free Report) and StoneCo Ltd. ( STNE Quick Quote STNE - Free Report) . Don't Let These 4 Toxic Stocks Erode Your Wealth
Investment in a stock with valuation above its true potential is bound to translate to loss over time. Overvaluation implies that the current price of the stock is not justified by its business conditions and therefore, a decline in price is inevitable.
A stock becomes overpriced due to irrational exuberance associated with it or some serious weakness in the company’s fundamentals. As a result, owning these stocks could lead to erosion of wealth for an investor.
Investors who can identify toxic stocks can actually gain even in a bear market by resorting to an investing technique called short selling.
In short selling, one can sell an un-owned stock and then purchase it when the price falls. Naturally, short selling has excelled in bear markets, while it typically loses money in bull markets.
So, just like selecting good stocks, identifying toxic stocks is also crucial in shielding one's portfolio from massive losses or making 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/1535489/dont-let-these-4-toxic-stocks-erode-your-wealth 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
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year.
See these high-potential stocks free >>.
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Contact: Jim Giaquinto
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