If You Own These 3 Growth Stocks, You Might Want to Rethink Your Position
Selling your winners early is a common mistake for investors. Over the last two decades, plenty of people have owned stocks like Amazon and Netflix for short time periods, but few have had the discipline to hold on for 10-plus years and experience life-changing returns. However, sometimes it is necessary to sell positions when either the valuation gets way out of hand or the underlying business deteriorates.
If you own Tesla (NASDAQ: TSLA), Skillz (NYSE: SKLZ), or Lucid Group (NASDAQ: LCID) stock, now might be the time to rethink your position in these three growth stocks. Here's why.
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Source Fool.com
