7 High-Risk Stocks Banking on a Return to Normal InvestorPlace 1 hr ago © Source: Ruth Peterkin / Shutterstock.com Carnival cruise (CCL) ship on the water
Broader markets have been making record highs in April. However, as a busy earnings season gets underway, many investors might consider taking some money off the table, and decreasing their exposure to risky names. Such stocks might come under increased pressure if their financial metrics fall short of expectations. Therefore, today, we introduce seven risky stocks that could cool off in the rest of the year.
About a year ago, in the early days of the pandemic, many companies were caught off guard. But since then, investors have bet the economy will return to normal sooner than later. As a result, momentum, instead of financial metrics, have provided the catalyst for the increase in prices.
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