Fool.com contributor Parkev Tatevosian highlights one stock he would avoid at current valuations.
*Stock prices used were the afternoon prices of June 4, 2024. The video was published on June 6, 2024.
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1 Stock I Wouldn't Touch With a 10-Foot Pole
By Parkev Tatevosian, CFA
–
Jun 6, 2024 at 4:28PM
NYSE: CHGG
Chegg
Market Cap
$165M
Today's Change
(-3.66%) -$0.06
Current Price
$1.58
Price as of December 27, 2024, 4:00 p.m. ET
The advent and increasing availability of large language models have disrupted the viability of this business.
Parkev Tatevosian, CFA has positions in Chegg. The Motley Fool recommends Chegg. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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