Zacks.com Featured Highlights Include: Live Nation, PTC And Exterran
Zacks Investment Research | Nov 28, 2019 11:34PM ET
For Immediate Release
Chicago, IL – November 29, 2019 - Stocks in this week’s article are Live Nation Entertainment, Inc. (NYSE:LYV) , PTC Inc. (NASDAQ:PTC) and Exterran Corp. (NYSE: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: Zacks Investment Research
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