Get Our FREE Newsletter

Sign Up

5 Overvalued Growth Stocks to Avoid as Market Conditions Get More Bearish

Spread the love

While many expect the risk-off sentiment to be short-lived and the economic growth to continue, some stocks that have moved ahead of their growth prospects on optimism about continued economic growth might retreat in the near term.

Growth stocks Snowflake Inc. (SNOW), Peloton Interactive, Inc. (NASDAQ:PTON), Chewy, Inc. (CHWY), Teladoc Health, Inc. (TDOC), and Inc. (AI) all look overvalued at their current price levels considering their limited near-term growth prospects. So, we believe these stocks are best avoided now.

Continue reading on StockNews

This post was originally published on this site