Caution! 3 Overvalued Stocks Ready for a Sharp Correction.

Many stocks have surged to dizzying heights, driven by the meme stock trading frenzy rather than solid financial performance. This frenzy effectively shields the inherent dangers of investing in companies unlikely to withstand economic scrutiny. Source: Ken Wolter / Shutterstock.com Despite narrowly escaping bankruptcy last year and operating in a conducive environment, its stock surged upwards of 337%. Surprisingly, it has kept up the pace in 2024, gaining more than 109% year-to-date (YTD). Credit card and ...