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6 Stocks to Sell in July

Unload these non-performers and high-risk stocks on the next rally

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Stock to Sell #4 – Federal-Mogul Corp. (FDML)

Federal-Mogul Corp. (NASDAQ:FDML), a major supplier of parts, components, modules and systems to auto, engine, marine, railroad and other heavy industries, posted an earnings loss of 91 cents in 2011 versus a profit of $1.62 in 2010.

On a recent rally, FDML failed to hold above its 50-day and 200-day moving averages as huge selling drove the stock back into a bear market. And even though the stochastic is oversold, it could remain so for an indefinite period. Sell FDML at the market.

FDML Chart
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Article printed from InvestorPlace Media, http://investorplace.com/2012/07/stocks-to-sell-atk-cnx-db-fdml-jcp-wlp/.

©2016 InvestorPlace Media, LLC

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