Investopedia reports on two consumer defensive stocks that are potentially facing a short squeeze. This occurs when investors who have bet against a stock are forced to buy it back in order to cover their losses, causing the stock price to rise rapidly. Short squeezes can lead to significant gains for investors who are long on the stock.
In the consumer defensive sector, two stocks that may be facing a short squeeze are Company A and Company B. Both of these companies have strong fundamentals and are well-positioned in their respective markets. As a result, there is a high level of interest from investors who believe that the stock prices will continue to rise.
Investors should keep an eye on these two consumer defensive stocks as they have the potential to experience a short squeeze. This could lead to a rapid increase in stock prices, providing an opportunity for investors to profit. However, it is important to remember that short squeezes can be unpredictable and volatile, so investors should proceed with caution and do their own research before making any investment decisions.