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2 High-Risk TSX Stocks You Should Avoid Like the Plague


The
Toronto Stock Exchange (TSX) survived the COVID-19 health crisis in 2020, although some stocks are still struggling in 2021. However, investors should avoid an international tourism company and a diversified utility company. Neither stock will be rising from the ashes anytime soon and are high-risk investments at the moment. An abnormal weather disturbance and a botched acquisition could even lead to bankruptcies in 2021.
Capital injection
The shares of
Just Energy Group(TSX:JE)(NYSE:JE) tanked nearly 32% to $4.96 on February 22, 2021, following its announcement of a potential $250 million loss from the frigid Texas weather. The Canadian electricity and gas provider has a market capitalization of $217.67 million. ....

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