With Stake being a top app that helps Australians and Kiwi’s get a share in the US stock market, there are bound to be some disappointments. Now, this is not saying that the app doesn’t offer you the best of the US stocks but there are some stocks that do not do that well. This means that there are some US stocks that are offered to you that may not be doing that well.
If you are new to Stake or thinking about trying it out, you can do so by clicking HERE and getting a free stock from GoPro, Dropbox or Nike.
Stake’s job is to offer you stocks, what you decide to go for is on you. This is why, in this article, you will be told the worst possible stocks that you can buy on Stake and stock that could cause you no profit or very little profit.
Worst US Stocks to Buy on Stake
Below are a few US Stocks that are not the best way to get profit. Stake offers them as a possibility but it is up to the customer to invest or get a share, so do go through the list to make sure these are not the stocks you choose.
1. Mcdonalds (MCD)
The fast-food chain has had a bad year. From the global pandemic that has been raging on, to most people switching to online food deliveries. McDonald’s has suffered a profit loss and may not be the best idea to get a share in this stock.
2. Walgreens (WBA)
United State’s second-largest pharmacy store is lagging behind in the profits department. With its competitor CVS getting a higher profit percentage this company is slowly falling behind with the revenue. This stock at Stake might not be the best idea for you to either invest in or get a share in.
3. Johnsons and Johnsons (JNJ)
A multinational company based in the US famous for pharmaceuticals, medical devices and packaged good is in trouble. From multiple lawsuits to many complaints of their products, this once most sought-out company is suffering terms of profit and revenue-generating. With 2019 being their worst year yet, 2020 seems to be getting worse for them too. With lawsuits pending and public disgrace, this may not be the best time to get a share in this company.
4. Guess (GES)
The iconic clothing store that made the world, if not the US go crazy after its clothing collection is suffering. Along with other retail stores, this franchise is suffering hugely at the hands of Amazon and other online shopping sites. Most customers would rather shop online from the comfort of their homes than to go to a store and buy. Thus, the clothing retail franchise is suffering and 2020 doesn’t look any better for them. Don’t get a share in this stock. Rather, go for the online shopping company Amazon in its place.
Final Words
With the above-mentioned companies, it is necessary to mention that they have had bad years may recover after some time, but at the moment they may not be your best option. Buying a share in a stock is a responsible thing to do, so it is responsible to not invest or buy a share that isn’t doing well.
If you are new to Stake or thinking about trying it out, you can do so by clicking HERE and getting a free stock from GoPro, Dropbox or Nike.