In this week’s episode of his popular YouTube series State of the Market, Chief Income Strategist Marc Lichtenfeld is pulling back the curtain…
He’s revealing his top three shorts in this market.
Success in the market isn’t determined just by finding its most successful stocks…
It’s also important to avoid (and in some cases, profit from) its most troubled ones.
If your research tells you that a stock has weak fundamentals and is bound for a fall, you can sell it short by borrowing shares and then buying the stock back at a lower price to close the position.
(Note, you will need to have a margin account.)
You may also want to sell a stock short if it is overpriced or if it is a bad steward of shareholders’ capital…
This is the case for one of Marc’s favorite shorts, a company he covered in a previous video. Marc’s exposé on this company landed him on the pages of The New York Times, Fox Business and Bloomberg.
(For a full list of Marc’s media appearances, click here!)
The company recently abandoned its business model in order to focus on buying and holding Bitcoin. Most of its cash has now been deployed for that purpose.
“It’s amazing that a board of directors allowed this,” Marc told The New York Times.
Now the company’s share price is doomed to rise and fall along with the volatile asset.
Click the chart to discover the company’s identity!
Marc anticipates that the stock will return to the levels it traded at prior to its Bitcoin craze…
But this seemingly cut-and-dried case is only one of three stocks Marc believes investors can profit from by betting against.
So if you want to learn which healthcare stock and software company join this company on Marc’s short list…
>>Click here to watch this week’s video.<<
Good investing,
Mable