This story was originally published here.
Investors are often quite enthusiastic about initial public offerings (IPOs). Call it the law of shiny new objects, but not all newly public companies are worth investors’ trouble. In fact, there some upcoming IPOs investors ought to sell.
Simple math dictates that not all new stocks will be immediate winners. In the just-completed third quarter of 2020, there were 81 IPOs raising a combined $28.5 billion, marking the busiest July through September stretch since the dot-com era.
What makes IPO even more confounding for many do-it-yourself investors is that so many newly public companies, regardless of underlying fundamentals and quality, rally immediately following their debuts only to later succumb to selling pressure at hands of total addressable market concerns, profitability woes and lockup expirations, among other factors.
Here are 3 upcoming IPOs that will land with a thud…
Story continues here.
Dump America’s Most Popular Brand NOW
During times of great volatility, investors often cling to what they’re familiar with… including the stocks of companies they know best.
Fear and conventional wisdom push people to the biggest brands.
But what if I told you that America’s top stock picker — a man with 40 recommendations that have gained at least 1,000% in his career — believes that America’s most popular brand is a “must sell” right now?
Because this giant of the past was doomed with or without the fear of a pandemic. Eric believes it’s one of 25 big-name stocks that are going to experience hard times, even if a coronavirus cure is found tomorrow.
And, remember, Eric is the legendary trader that accurately predicted the collapse of more than 70 stocks. That includes Cisco (fell 75% in a year after his prediction), Tyco (fell 74% in the year after his prediction), and Countrywide Financial (fell 87% in the two years after his prediction).
Instead, Eric believes anyone with money in the market should focus on four companies that are in position right now to help people capture huge market gains.
You probably haven’t heard of a single one of these firms…
But you will.
Get the facts for yourself and be one of the first to learn more about the four stocks you should buy right now… as well as the 25 companies you should sell immediately, on our website, here…
P.S. Tune in to this video presentation now, while it is still available, and Eric will reveal what he believes will be his next 1,000% winner. The name, the ticker symbol, and why it’s such a screaming buy… it’s all in Eric’s presentation and FREE to view. Just keep in mind, this valuable information won’t be up on our website forever.