4 Brand-Name Stocks to Avoid Like the Plague
Investing in 2020 has not been for the faint of heart. The unprecedented uncertainty created by the coronavirus disease 2019 (COVID-19) pandemic tanked the broad-based S&P 500 during the first quarter. Whereas bear market declines of at least 30% have historically occurred over 11 months, the S&P 500 shed 34% of its value in roughly one month.
When the going gets tough, investors often turn to brand-name stocks of companies with which they're familiar. Unfortunately, this isn't always a great strategy, primarily because not all well-known stocks are good investments.
If you're looking to put your money to work in well-known businesses, I suggest keeping these four brand-name stocks off your list.
Source Fool.com
