It’s never a good time to buy an overvalued stock, as you certainly know already. Here is a list of Morningstar’s five most overvalued stocks, based on its analysts’ estimates of fair value. The commentary comes from Dave Sekera, Morningstar’s chief U.S. market strategist. The stocks are listed in order of overvaluation, with the most overvalued first.
Squarespace (SQSP) - Get Free Report, which provides website-building software tools and hosting services, mostly for small, start-up businesses. Morningstar moat (durable competitive advantage) rating: none. Morningstar fair value…
