7 Doomed Consumer Stocks to Dump Before They Dive: February 2024
BYNDBeyond Meat(BYND) InvestorPlace·2024-02-08 19:35

Despite recent economic indicators like GDP and consumer sentiment suggesting resilience in the U.S. economy, that doesn’t mean all consumer stocks are booming right now. In fact, there are plenty that are best described as doomed consumer stocks. For some of these names, macro-related challenges are negatively affecting their operating performance, leading to big price declines, and the risk of further price declines. The economic picture is not quite as rosy in other parts of the world. Even in the U.S., ...