In this special presentation we're looking at stocks that investors should be selling now. When the market is down, there is a temptation to look at deeply discounted stocks to buy and hold. But buying the dip is a strategy that fits stocks that have a proven track record of growth in revenue and – more importantly – earnings.
But when a stock is not scoring well on either of these fronts, it's time for investors to challenge the reason(s) why they own the stock. If the stock no longer fits that thesis, it's likely time to sell.
This doesn't mean you can't find hidden gems that are flying under the radar for whatever reason. But even in those cases, you have to see a business case that supports owning the stock. If that case no longer exists, loyalty to that stock is a one-way proposition.
This strategy applies to both bull and bear markets. That's because some sectors are better to buy at different times. The end of the year is a good time to reassess your portfolio and weed out the stocks that are no longer serving you well. If you own any of the following stocks, they may be candidates to sell.
Click the "Continue to Slide #1" button to view the first company.
