3 Overhyped Stocks That Could Crash
Hype or fundamentals? It's an age-old question, especially for less-experienced investors. And while the performance of Robinhood Markets (NASDAQ: HOOD), AMC Entertainment Holdings (NYSE: AMC), and Carnival (NYSE: CCL) (up year to date by 26%, 1,440%, and 8%, respectively) shows that speculation can win in the short term, these companies are unlikely to maintain their solid returns because of their poor fundamentals.
Keep reading to find out why.
Will Ebiefung (Robinhood): Commission-free trading app Robinhood has taken the stock market by storm, helping make equity investing mainstream among millennials. Some of that hype might have bled into its share price, which has jumped 26% since its July initial public offering at $38. But despite the excitement, Robinhood looks unlikely to maintain its momentum because of its weak economic moat and eye-watering valuation.
Source Fool.com
