While no one can ever be sure how a particular stock will perform in the long run, there are some stocks that have the odds heavily stacked against them. Two such stocks are (NASDAQ: LYFT) and Fubo (NYSE: FUBO). Your portfolio will thank you for staying away.

Lyft is the no. 2 player in the U.S. ridesharing market. It generated $1 billion of revenue in the first quarter of 2023 from about 19.5 million active riders. On that revenue, it posted a net loss of $187.6 million.

The company managed to grow revenue by 14% year over year in the first quarter, but that growth came at a cost. Gross margin was 45%, down from nearly 50% in the prior-year period. Lyft attempted to keep operating costs in check, but total costs still rose nearly as fast as revenue. Scale is not helping.

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Source Fool.com