There's certainly nothing wrong with retirees looking for stocks that offer growth over the long haul, but some simply aren't suitable. Stagnant to no growth, wild price fluctuations, and poor or uncertain management are some company attributes many retirees especially want to avoid.
Unfortunately for Groupon (NASDAQ: GRPN) and HP Enterprise (NYSE: HPE) shareholders, those companies meet the criteria of being two terrible stocks for retirees. Continual changes, including HP Enterprise's recent decision to replace CEO Meg Whitman, is a legitimate cause for uncertainty. Groupon has taken shareholders on a wild ride that doesn't appear to be nearing an end anytime soon.
Image source: HP Enterprise.
Source: Fool.com