1 Consumer Discretionary Stock to Avoid No Matter What
COVID-19 cases are roaring back, which could inflict further damage on economic conditions and employment. Combined with the fact that the U.S. economy is already in a recession, consumer discretionary companies are confronting a challenging environment. After all, under difficult circumstances, it is natural for people to pare back on unnecessary purchases.
AMC Entertainment (NYSE: AMC) is certainly not immune to this phenomenon. However, unlike other companies that will bounce back when economic conditions improve, this entertainment company is facing serious issues that threaten its very existence.
Tthis is one company that does not deserve your consideration. Here's why.
Source Fool.com
