10 Stocks To Avoid Because Of Their Sky-High Debt

The problem with the rush by corporations to obtain debt at lower interest rates is that they already had near-record amounts on their balance sheets. In 2020, the level of corporate debt had grown to more than $10.5 trillion, 30x levels in 1970.

I’ve never been a fan of debt-laden companies. But as interest rates rise in 2022 — there are four rate hikes expected in the year ahead — investors will look to reallocate assets to firms with sounder balance sheets.

Here are 10 stocks to avoid because of their sky-high debt

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