3 High-Flying Stocks to Avoid and 3 Alternatives to Consider

Three high-flying stocks with significant downside risk are Smith & Wesson (SWBI), Rogers (ROG), and Exact Sciences (EXAS). SWBI has declining annual revenue and a cash-burning history, while ROG has flat sales and decreasing profitability over the past five years. EXAS has a cash burn and negative returns on capital, making its growth strategy questionable.