For Immediate Release
Chicago, IL – November 29, 2019 - Stocks in this week’s article are
Live Nation Entertainment, Inc. LYV, PTC Inc. ( PTC Quick Quote PTC - Free Report) 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. 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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