Using shared hosting is a bad for websites ranking?

If you have small budget then you can choose shared hosting.
 
If you say shared hosting is bad for SEO then also CDN's must be bad for SEO. Or?
 
VPS hosting vs Shared hosting

I heard that using shared host cause to change the website ranking with high frequency.

"Frequent downtimes, database connection errors, Internal server error, too many unnecessary re-directs, frequent IP address migration are some of the hazards of going with a shared hosting plan.

What's your thought about this?

You can say that for ANY hosting type with poor quality & performance, choice wisely your hosting provider and you will be fine regardless if is shared / vps or cloud.

Cheap != Quality
 
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