2 Expensive Stocks I'd Definitely Avoid
Investing based on short-term trends can be dangerous. Throw some high valuations into the mix, and you could have a recipe for disaster. That's what I see when looking at two stocks: Ocugen (NASDAQ: OCGN) and Peloton (NASDAQ: PTON).
Not only are these both extremely expensive investments, but I'm also concerned about what their futures will look like in a post-pandemic world when life goes back to normal. Although both stocks have outperformed the markets over the past year, these are not investments that I would consider buying today.
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Source Fool.com