3 Overhyped Stocks to Sell in August Before They Crash & Burn
Dropbox(DBX) Investor Place·2024-08-08 19:16
Although it is always a good idea to monitor volume change and price resilience, some stocks — especially those categorized as overhyped stocks to sell when they reach new highs — have more fishy fundamentals than others, particularly if there is a possibility of a recession. The global equity sell-off on Monday certainly hinted at a hard landing scenario. Citi (NYSE:C) economist Andrew Hollenhorst wisely noted that "Once you start to worry about [a] recession, you are usually in a recession." Despite inter ...