For Immediate Release
Chicago, IL – September 9, 2019 – Stocks in this week’s article are Camping World Holdings Inc. CWH, Golden Entertainment, Inc. GDEN, Wright Medical Group N.V. WMGI and Exterran Corp. EXTN.
4 Toxic Stocks to Dispose Of or Sell Short
Precise identification of rightly-priced stocks is the key to successful investing. However, in practice, overpriced toxic stocks and the correctly-priced stocks are intertwined in such a manner that it is difficult to distinguish between the two.
Generally overhyped toxic stocks are susceptible to outside shocks. Moreover, these stocks are loaded with a high level of debt. The price of these stocks is artificially inflated. Nonetheless, the higher price of toxic stocks is only short-lived as it is higher than its true intrinsic value.