2 Stocks I'd Never Buy, and 1 I'll Consider
Bargain-chasing investors must take care to separate spring-loaded value stocks from truly troubled businesses. Today, I'm taking a look at three stocks that have fallen at least 20% in 2017, and at least 10% of their shares are still being sold short. As it turns out, only one of these three tickers looks like a solid investment idea today.
The stocks under my microscope are Snap, Inc. (NYSE: SNAP), IMAX Holdings (NYSE: IMAX), and Frontier Communications (NASDAQ: FTR). Read on to see what's wrong with two of these companies, and why the third one is a superior business.
Metric
Source: Fool.com
Imax Corp. Stock
€15.50
-4.910%
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
As a result the target price of 21 € shows a positive potential of 35.48% compared to the current price of 15.5 € for Imax Corp..
