In the past, I have quite often written articles in which I presented several stocks one could buy. A few weeks ago, I published an article in which I presented 10 recession-proof and
Bad, Worse, Worst: Assets To Avoid
Summary
- As a long-term investor, there are thousands of stocks and other assets one should not buy or hold right now.
- Not only are many individual stocks overvalued, the major US indices are also trading for extremely stretched valuation multiples.
- And the range goes from high-quality businesses that are just overvalued to pure speculation cryptocurrencies without any utility.
My analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap companies).My academic background is in sociology and I hold a Master’s Degree in Sociology (with main emphasis on organizational and economic sociology) and a Bachelor’s Degree in Sociology and History.
Analyst’s Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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