Three Consumer Stocks to Avoid Amid Economic Uncertainty

Three consumer stocks to avoid due to their sensitive demand profile, lack of recurring revenue business models, and declining returns on capital. MGM Resorts (MGM) faces a high net-debt-to-EBITDA ratio, PENN Entertainment (PENN) has a cash-burning history and poor revenue growth, and Target Hospitality (TH) has slow revenue growth and declining earnings per share.