Avoiding Stocks With High Price/Sales Ratios

Below is a table from our May 24, 2020 issue

highlighting a few of the very overvalued stocks at that time:

COMPANY SYMBOL Price/Sales Price/Share ($)
Beyond Meat BYND 24x 136.80
Docusign DOCU 23x 133.00
Dexcom DXCM 23x 405.25
Teledoc TDOC 20x 174.18
Wayfair W 2x 165.69

 

        
         
         
         
         
         
         
           
           
           
           
           

As of February 24, 2023, they had fallen as below:

– BYND was $3.86, down 97%

– DOCU was $59.14, down 56%

– DXCM was $110.09, down 73%

– TDOC was at $27.04, down 84%

– W was at $37.43, down 77%

Our Subscribers were able to avoid losses by not owning these stocks,

and instead selling them short, with very large potential gains.


See our record at https://billionairestocktrader.com/our-record/

Listen to our podcasts at https://billionairestocktrader.com/podcasts/

Read & Listen to Sample Issue & Podcast at https://billionairestocktrader.com/sample-issue/

Subscribe at https://billionairestocktrader.com/subscribe/

* * *

The information herein is provided solely to inform

and is not intended as, and is not to be construed as,

investment advice or as an investment recommendation.

Readers are advised to make their own investment decisions

and accept all responsibility thereof.

There is always risk of loss in publicly-traded stock trading & investing.

Past performance is not necessarily indicative of future results.