2 Popular Stocks to Avoid Like the Plague in 2024 and Beyond
One famous investing maxim advises to buy low and sell high. That's sage advice, but not all stocks are worth investing in while they are down. If they don't go up, you won't have profited from the advice.
Take, for instance, Aurora Cannabis (NASDAQ: ACB), a leader in the Canadian pot market, and Biogen (NASDAQ: BIIB), a notable biotech. Both have grabbed plenty of headlines in recent years, both have failed to keep pace with the market in 2023, and neither seems to have strong prospects.
Aurora Cannabis has consistently been one of the most talked-about stocks in the Canadian pot market since recreational adult use became legal some five years ago. However, the marijuana grower has also been a disappointment, with inconsistent revenue growth, persistent net losses, failure to partner with a larger company, and financial issues related to share dilution.
Source Fool.com
Biogen Inc. Stock
With 51 Buy predictions and 2 Sell predictions Biogen Inc. is one of the favorites of our community.
As a result the target price of 287 € shows a very positive potential of 55.22% compared to the current price of 184.9 € for Biogen Inc..
