3 shares you’d love to buy, but shouldn’t

The market sometimes creates buying opportunities when good quality stocks fall out of favour and are oversold. In such cases, investors can take advantage of the dip and buy.
However, just because a stock’s share price has crashed doesn’t necessarily make it a good buying opportunity. Here are three shares that investors might be tempted to buy but probably shouldn’t:
Foolish takeaway
Just because a share price has fallen doesn’t mean it can’t fall further down. Whilst these companies have performed well in the past, their future might be a little less certain.
Where to invest $1,000 right now
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.
*Returns as of February 15th 2021
Motley Fool contributor Kevin Gandiya has no position in any of the stocks mentioned.
You can follow Kevin on Twitter @KevinGandiya
The Motley Fool Australia owns shares of Retail Food Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.