2 Popular Stocks I'd Avoid Right Now
Following the crowd isn't always a good idea -- and that's as true in the investing world as it is anywhere else. Sometimes, a stock that's popular at one moment can turn out to be a dud business later. Investors who want to generate above-average returns over the long run shouldn't initiate a position in a stock simply because it is getting a lot of buzz.
For example, consider Aurora Cannabis (NASDAQ: ACB) and Uber Technologies (NYSE: UBER) -- two stocks that are certainly popular in some circles right now. Both have regularly shown up on the list of the 100 most widely held stocks in the portfolios of those using Robinhood Markets' trading platform. But fundamentally, they aren't worth investing in.
Marijuana grower Aurora Cannabis has been plagued with problems for years, some of its own making and others caused by factors outside its control. Let's start with one issue in the latter category.
Source Fool.com
