3 Unprofitable Companies: 2 to Avoid, 1 to Watch
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Unprofitable companies can quickly burn through cash, leaving investors in a bind. This episode focuses on three such companies: MGP Ingredients and Alight, which are not worth the risk, and Hewlett Packard Enterprise, which shows promise. MGP Ingredients, a food and beverage ingredient supplier, has seen sales drop and margins plummet. Alight, a tech company for employee benefits, is facing a similar fate. However, Hewlett Packard Enterprise, a tech company specializing in edge-to-cloud solutions, is growing rapidly and could be a smart investment as demand increases.
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