Stock to Sell #6: Ryland Group (RYL)
Homebuilder and mortgage finance company The Ryland Group, Inc. (NYSE: RYL) has fallen from over $80 a share five years ago to around $16 today. The stock made good progress in 2009, climbing from $10 to over $26 by April 2010, only to be overcome by poor sales and earnings.
In the past week, RYL popped back to its 50-day moving average, but Q3 profits missed by a wide margin, so the stock should be sold here.
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