1 Stock I Wouldn't Touch With a 10-Foot Pole
If you're looking for stocks that can do well over the long term, a smart idea is to identify past winners. Absent any major industry- or company-specific changes, it's reasonable to expect these businesses to continue rewarding their shareholders in the future.
For investors who focus on the auto industry, Ford (NYSE: F) might be on your radar, particularly as it trades at a price-to-earnings ratio of just 12.3. Unfortunately, its stock has disappointed, producing a total return of only 20% in the past decade. The S&P 500 would've more than tripled your money during the same time.
This abysmal performance gives me zero confidence that Ford can produce market-beating returns in the years ahead. Therefore, it's a business I'm not touching with a 10-foot pole.
Source Fool.com
