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Stock impact report

2 Expensive Stocks I'd Definitely Avoid [The Motley Fool]

Ocugen, Inc. (OCGN)  More Company Research Source: The Motley Fool
PDF David Jagielski(TMFdjagielski)Investing based on short-term trends can be dangerous. Throw some high valuations into the mix, and you could have a recipe for disaster. That's what I see when looking at two stocks:OcugenNASDAQ:OCGNPelotonNASDAQ:PTONNot only are these both extremely expensive investments, but I'm also concerned about what their futures will look like in a post-pandemic world when life goes back to normal. Although both stocks have outperformed the markets over the past year, these are not investments that I would consider buying today.Image source: Getty Images. OcugenOcugen came out of nowhere this year, and it was only news that it was partnering with Indian company Bharat Biotech on a COVID-9 vaccine that gained Ocugen investor attention. Investors are even more excited after the companies announced in April that their vaccine (COVAXIN) was 00% effective against severe COVID-9 cases. Shares of Ocugen are now up nearly 70% since the start of the year (theBut here's th [Read more]
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