Finance

Avoid These 3 Stocks as the Market Gets More Volatile By StockNews

© Reuters. Avoid These 3 Stocks as the Market Gets More Volatile

After many weeks of placid trading, the market finally encountered significant volatility. This is a good time to prune the portfolio of the riskiest stocks. Summit Wireless Technologies (WISA), US Gold Corp (NASDAQ:), and UiPath (PATH) are three stocks that investors should avoid.Stock market volatility is back after many months of placid trading. Only time will tell whether this is a dip or a correction.

Regardless of the outcome, investors should use this as an opportunity to go through their portfolios and look for stocks with deteriorating fundamentals and technicals.

The POWR Ratings are one tool that can help you achieve this objective. Let’s take a closer look at three of the latest POWR Ratings downgrades: Summit Wireless Technologies (WISA), US Gold Corp (USAU), and UiPath (PATH).

Continue reading on StockNews

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button