Retirees in search of investment opportunities generally try to avoid stocks that have been experiencing wild price swings, companies struggling through significant transitions, or businesses focused on markets where there's little to no growth potential.
Plenty of companies do fit those descriptions, so finding stocks that are a bad fit for retirees' portfolios wasn't a difficult process. Three in particular that I feel should be avoided by those basking in their retirements are Palo Alto Networks (NYSE: PANW), Hewlett-Packard Enterprise (NYSE: HPE), and Fitbit (NYSE: FIT).
Image source: Getty Images.
Source: Fool.com