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Three stocks to dump immediately

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moneymorninglive.com

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support@mb.moneymorninglive.com

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Fri, Mar 17, 2023 08:06 PM

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Plus: Four sectors killing the S&P 500 by Shah Gilani Maybe more than any other field, tech companie

Plus: Four sectors killing the S&P 500 [Image]( [Three Toxic Stocks to Dump Immediately]( by Shah Gilani Maybe more than any other field, tech companies were the biggest winners of the decade-long bull market that started in the late 2000s and early 2010s. I call it the Age of Irresponsibility, because a lot of these firms took advantage of the ability to borrow money at near-zero interest rates and summoned giant piles of capital to fund research and development projects. While some eventually turned those into legitimate, money-making business lines that produce something customers actually buy, many others have sailed by on rising debt. They continue to borrow indefinitely while enjoying soaring valuations based on the speculative value of the alleged technology they may eventually produce. If that sounds like BS to you, well… that’s because it is. And the worst part is, many of these companies have become Wall Street darlings, continually making the rounds in “Best 5 Tech Stocks to Own” lists and analyst recommendations. [There’s no other way to say it: those people are all lying to you.](   [These Sector ETFs Will Drag Down the S&P 500]( by Chris Johnson There are a few hot sectors in the market. Whether it’s the safe havens or the risk-on sectors, a few always stand out above the crowd… Right now there are 11 major sectors that can be found in the S&P 500 – [here they are listed by weight...](   You are receiving this e-mail at {EMAIL}, as part of your subscription to Money Morning Investing Alerts. To remove your email from this list: unsubscribe. Please do not reply to this email as this address is not monitored. To cancel, or for any other questions or requests, please contact our Customer Service team: Online: [Customer Service Form]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Money Morning | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday - Friday between 9:00 AM and 5:00 PM ET. © 2022 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions](

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