WISH - 3 Stocks to Avoid This Week
Over the past few months, inflation, rising interest rates, and geopolitical threats pummeled a wide range of individual stocks. But as Warren Buffett famously said, it's wise to be "greedy when others are fearful" -- so investors should still keep an eye out for good buying opportunities.
That said, investors should focus on broken stocks that are trading at discount to their true values, instead of broken companies that face fundamental problems. Today, I'll examine three broken companies -- ContextLogic (NASDAQ: WISH) , Peloton Interactive (NASDAQ: PTON) , and Just Eat Takeaway (NASDAQ: GRUB) -- and explain why they should be avoided.
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3 Stocks to Avoid This Week