2 Stocks I Can't Wait to Buy When the Market Crashes Again
In the last stock market crash, shares of Carvana (NYSE: CVNA) and SmileDirectClub (NASDAQ: SDC) were hit exceptionally hard. On March 24, Carvana was down 61% year to date and SmileDirectClub was down 55%.
A big reason these two stocks were slammed was that opportunistic short-sellers were betting against the stocks in high numbers, evidenced by their respective high short interests. And when the market is crashing, the shorts really pile on, which can send share prices down in a hurry.
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Source Fool.com
