Three Overvalued Stocks to Approach with Caution: BJRI, GFF, and ILMN

Three overhyped stocks trading near their 52-week highs are BJ's Restaurants (BJRI), Griffon (GFF), and Illumina (ILMN). BJRI has disappointed same-store sales and a low gross margin, GFF has experienced annual sales declines, and ILMN's core business is underperforming with low returns on capital. These stocks may correct, and alternative options should be considered.