3 Stocks That Could Lose You a Lot of Money
It can be tempting to bet on an underdog. A stock that has already tumbled, dragged down by unrelenting pessimism, may reach a point where it doesn't seem it can possibly go any lower. But investors need to be careful. A bad company doesn't transform into a good company very often.
Avoiding big mistakes is a critical component of successful long-term investing. If you want to save yourself a lot of money, I'd suggest steering clear of Blue Apron (NYSE: APRN), Snap Inc. (NYSE: SNAP), and J.C. Penney (NYSE: JCP).
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Source: Fool.com
