Do you guys remember when all the stay-at-home stocks were really sailing while most other stocks just sank?
Well, remember this...
The stock market assimilates or prices things in ahead of time. And right now (I’m going to keep my fingers crossed and hope I don’t jinx us), it seems like the market is starting to discount the COVID-19 pandemic and look ahead to things getting back to normal.
Wow, I can’t believe I just said that word.
The truth is, markets especially like to price in things that are known. That’s why I’m alerting you to four stocks to avoid in 2021… before the floor falls out.
These aren’t just regular stocks. They had some of the best and biggest gains during the initial stay-at-home rally.
So without further ado, let’s start with the first stock to avoid in 2021…
I’m willing to bet most of you have already heard of the first stock you’ll want to sell since it’s one of the leading cereal manufacturers in the world.
Cereal is one of those products people bought during the first initial COVID-19 lockdowns because cereal is a great comfort food, and most important, it’s yummy.
It’s also a food that doesn’t require a lot of maintenance and you can stock up on it because, from what I’ve heard, it can last for years if done properly. Don’t quote me on that, however. Regardless of its maximum potential shelf life, it’s a favorite lockdown food.
Cereal is also pretty cheap, and when the demand for toilet paper was surging, so was demand for cereal.
So why is Kellogg Company (NYSE: K) suddenly a stock to avoid in 2021?
If you take a close look at the chart I’ll show you in the video below, you’ll see that the stock peaked out in the summer of 2020. However, the stock market and most of the stocks in it are still making brand-new highs.
Although there are still some fears that we may experience another national lockdown, it seems like the initial panic level is just not there. In other words, the best is behind Kelloggs, not ahead of it.
But that’s not the only stock on my chopping block…
Check out the video below to reveal the next three stocks to avoid in 2021right now. And as always, be sure to leave a comment with your thoughts in the section below.
Also, don’t forget to give this video a thumbs up and subscribe to my brand-new Youtube channel if you haven’t already.
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