For Immediate Release
Chicago, IL – June 4, 2019 - Stocks in this week’s article are First Majestic Silver Corp. (AG - Free Report) , Agnico Eagle Mines Ltd. (AEM - Free Report) , Atlassian Corporation PLC (TEAM - Free Report) and Live Nation Entertainment, Inc. (LYV - Free Report) .
4 Toxic Stocks to Dump or Sell Short to Avoid Losses
Accurate identification of correctly-priced stocks is the key to successful investing. However, in reality, overpriced toxic stocks and rightly-priced stocks are mixed in such a manner that it is tough to distinguish between the two.
Generally overhyped toxic stocks are vulnerable to outside shocks. Moreover, these stocks are burdened with a high level of debt. The price of these stocks is artificially inflated. Nonetheless, the higher price of toxic stocks is only temporary in nature as it is higher than its intrinsic value.
Investors are likely to benefit from precise 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, accurately identifying toxic stocks and discarding 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/423804/4-toxic-stocks-to-dump-or-sell-short-to-avoid-losses
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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