Microvast (MVST), Globalstar (NYSE:GSAT), and State Auto Financial Corporation (NASDAQ:STFC) are three stocks Wall Street analysts believe will fall 40% or more. Below, we provide a look at these three publicly traded companies to determine if they are actually overpriced.The stock market is encountering a rough patch despite strength in broader indices. There has been profound underperformance in small caps, mid-caps, and growth stocks.
If the selling accelerates, some of these stocks could likely see another major leg down. Overvalued stocks will also be vulnerable as they are less likely to have buyers on the way down.
Microvast (MVST), Globalstar (GSAT), and State Auto Financial Corporation (STFC) are three stocks Wall Street analysts believe will fall 40% or more. Below, we provide a look at these three publicly traded companies to determine if they are actually overpriced.