These 3 Stocks Are Absurdly Overvalued Right Now
One of the dangers of investing right now is that there are many high-priced stocks out there. Even though a business may be doing well, paying a high price to own a piece of it may not be a good idea, as it could limit your returns -- or worse, you could actually incur a loss on it.
Ignoring earnings multiples and valuations can be a surefire way to put your portfolio in harm's way. And three stocks that are incredibly overvalued right now and that you should be extremely careful with are GoodRx (NASDAQ: GDRX), Twitter (NYSE: TWTR), and Carnival (NYSE: CCL).
Image source: Getty Images
Source Fool.com