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Chicago, IL - August 29, 2018 - Stocks in this week's article are Cardiovascular Systems, Inc.CSII , AMC Entertainment Holdings, Inc.AMC , Osisko Gold Royalties LtdOR and Agnico Eagle Mines LimitedAEM .
4 Toxic Stocks to Get Rid of or Sell Short for Solid Gains
Successful investing hinges upon precise identification of rightly priced stocks. But, in reality, correctly priced stocks and overpriced toxic stocks are intermixed in such a way that it is not an easy task to differentiate them.
Generally, overpriced toxic stocks are vulnerable to external shocks. Moreover, these stocks are loaded with huge amount of debts. The price of these stocks is artificially inflated. However, the higher price of toxic stocks is only short-lived in nature as it is greater 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 identifying toxic stocks and discarding or short selling them at the right time is the key to guard 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/320048/4-toxic-stocks-to-get-rid-off-or-sell-short-for-solid-gains
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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AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report
Cardiovascular Systems, Inc. (CSII): Free Stock Analysis Report
Agnico Eagle Mines Limited (AEM): Free Stock Analysis Report
Osisko Gold Royalties Ltd (OR): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
