7 F-Rated Growth Stocks to Avoid Right Now: June 2024
When does a growth stock become one of the top growth stocks to avoid? It sounds like the beginning of a riddle or a bad joke, but the answer is obvious – it’s when the stock is deceptive and tricks you into believing that it can be a good buy. You look at the Portfolio Grader and get interested because a stock has a good grade specifically for growth, but then realize that it still has an “F” rating overall. How can that happen? The Portfolio Grader rates stocks based on earnings history, growth, analyst sentiment and momentum. The growth grade in particular is a popular metric for finding growth stocks to avoid. But it’s also important to see why a company is getting a good growth grade. Because sometimes, looking at a single factor like growth can be misleading and can’t make up for the company’s deficiencies in other areas. Today, we’re going to look at several companies that have good growth grades, and we’ll investigate why that’s happening in each case. But then we’ll pull back the curtain, look at the fuller picture, and explore why these growth stocks to avoid are still getting “F” grades overall. In the end, an exercise like this is a good reminder to not rely on any one metric when considering your stock portfolio. Growth is highly desirable, but the growth stocks to avoid on this list can easily drag your portfolio into the gutter.
https://investorplace.com/market360/2024/06/7-f-rated-growth-stocks-to-avoid-right-now-june-2024/