Fiduciaries should consider how much risk they take by owning these stocks anywhere close to current levels. : As the market raced to record-highs, we’ve identified several stocks that fiduciaries cannot reasonably justify owning or recommending given the abnormally large disconnect between valuation and fundamentals. My “Most Dangerous Stocks for Fiduciaries” thesis acknowledges that the performance of these stocks has rarely, if ever, been about valuation and fundamentals. Nevertheless, fiduciaries should consider how much risk they take by owning these stocks anywhere close to current levels.