2 Stocks That Could Be Silent Wealth Killers
The S&P 500 is once again trading around all-time highs, despite the ongoing coronavirus pandemic and recession. But not every company will manage to ride the wave higher. Here are two stocks that could be silent wealth killers because of their inability to stay afloat in the tough economic environment.
The first bad stock is Carnival (NYSE: CCL), an embattled cruise ship operator that is sinking under an unsustainable load of debt. The second is GameStop (NYSE: GME), a brick-and-mortar video game retailer that is unlikely to survive consumers' growing appetite for digital downloads.
Source Fool.com