Find out more about Groupon's issues and what makes us want to avoid the company even at the current valuations.
Is It Time To Buy Into Groupon At Current Prices?
Groupon (NASDAQ: GRPN) has continued to have a tough year, and the stock has continued to roll down the hill for the year so far. With the holiday season well under way, should investors look to pick up some Groupon shares at such a cheap stock price? It appears to be a value trap right now, and there are multiple reasons why. Find out more about Groupon's issues and what makes us want to avoid the company even at the current valuations.
Disclosure:
I do not hold any positions in the stocks mentioned in this post and don't intend to initiate a position in the next 72 hours. I am not an investment adviser, and my opinion should not be treated as investment advice. I am not being compensated for this post (except possibly by Amigobulls).
Disclaimer: The views expressed in the article are of individual authors and are not necessarily supported by Amigobulls. We do not hold any stake in the aforesaid stocks. Please read our detailed disclaimer.
Comments
Log in or sign up to join the conversation.