3 of the Scariest Stocks to Be Holding Right Now

31.10.24 11:40 Uhr

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It can sometimes be dangerous to buy stocks and forget about them. While it may be a potentially good strategy for blue chip stocks that generate dividend income and offer long-term stability, it can be quite another thing to hold stocks of companies that have poor financials and growth prospects.If you're holding high-risk investments, then anytime can be a frightful time to look at your portfolio; it doesn't need to be Halloween for you to be scared. And three of the scariest stocks to be holding onto today include Walgreens Boots Alliance (NASDAQ: WBA), Spirit Airlines (NYSE: SAVE), and fuboTV (NYSE: FUBO). Here's why you'll want to think twice about holding these investments in your portfolio.Pharmacy retailer Walgreens Boots Alliance faces an uncertain future ahead. Competition has been intensifying over the years from Amazon and Walmart, and both companies are now also ramping up efforts to offer same-day prescription delivery throughout the country. That could make it more difficult for Walgreens to grow without incurring deeper losses.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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