If you’re like many investors, you may have practiced the adage of “sell in May, and then go away.” But it’s September now and the institutional investors are moving back into the market. And that means that the recent highs in the market, propelled by stellar earnings reports, are firmly in the crosshairs.
These investors are going to be looking at stocks that are overvalued, and there a number of stocks that appear to be prime contenders, including some in the blue-chip category – stocks of the companies with the largest market caps.
But there has to be a reason to sell beyond a high stock price. It's always important for investors to understand the "why" beyond the "what". So as you review this list of seven blue-chip stocks that you should consider selling now, we've identified the why to help you make an informed decision.
Click the "Continue to Slide #1" button to view the first company.