2 Nasdaq Stocks Investors Love to Bet Against
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been on fire for most of 2020, rebounding from the coronavirus bear market in February and March and posting returns that have crushed other stock market benchmarks.
Those who bet on Nasdaq stocks to defy the COVID-19 pandemic have been rewarded, while those who sought to profit from declines have largely been frustrated. Even with the Nasdaq Composite taking a bit of a breather from its bull run on Wednesday morning, falling about a quarter-percent just before noon EST, investors can't be upset about the benchmark's long-term performance.
Yet it's interesting to look more closely at stocks that investors think are most likely to lose ground. The Nasdaq makes short-interest figures available on the stocks that list there, and among the most frequently shorted stocks are two interesting companies with very different business models: Bed Bath & Beyond (NASDAQ: BBBY) and National Beverage (NASDAQ: FIZZ). Let's look more closely at these two stocks to see the argument for and against their businesses.
Source Fool.com
