3 Stocks Set to Drop
The stock market continues to march higher, but not all investors necessarily consider that a good thing. All-time greats from Carl Icahn to Warren Buffett have questioned whether the historic rise, or the difficulty of finding value stocks in today's expensive environment, will end soon. They certainly have a point.
At a time when investors need to dig deep to ignore emotional cues and stick to their long-term plan, or put in the extra effort to find that hidden gem, they cannot afford costly mistakes -- such as hanging onto a stock that's set to drop. That's why I think there's good reason to ditch specialty chemical manufacturer Chemours Company (NYSE: CC), oilfield products supplier Flotek Industries (NYSE: FTK), and whiskey specialist MGP Ingredients (NASDAQ: MGPI).
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Source: Fool.com
MGP Ingredients Inc. Stock
We see a rather positive sentiment for MGP Ingredients Inc. with 9 Buy predictions and 2 Sell predictions.
As a result the target price of 111 € shows a very positive potential of 60.87% compared to the current price of 69.0 € for MGP Ingredients Inc..
