Prepare to Bail on These 3 Overvalued Stocks

Investors should be wary of overvalued stocks. Although they may continue to experience share price appreciation, they have a more substantial potential for a rapid decline than other companies trading closer to the sector average.Overvalued stocks are best for investors to strongly consider their upside potential before investing to prevent unneeded portfolio losses.Below, I discuss three stocks that would be considered overvalued because their reported forward P/E ratio is higher than their corresponding ...