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Dump These 45 Household Names Before It’s Too Late

Get ahead of the Fiscal Cliff by trimming your "dead"stocks


Last week’s market activity proved that many were expecting a Romney victory, so there may be some short-term growing pains while Wall Street adjusts to four more years with President Obama in the White House. But that doesn’t mean you should go to cash—not by a long shot.

Want to know my take on how to handle the uncertainty caused by the impending “Fiscal Cliff” and the ongoing eurozone debt drama? Trim your portfolio of all dead weight. I’m talking about all of the companies that have announced mixed earnings results or have sloppy guidance looking forward. Of course, it can be tedious reviewing the latest earnings results for each of your companies, so I’ve broken down the top 45 big blue chips that you should steer clear of.

Symbol Company Name Quantitative Grade Fundamental Grade Recommendation
AA Alcoa F D Strong Sell
AMTD TD Ameritrade F C Sell
ANF Abercrombie & Fitch F D Strong Sell
ATVI Activision Blizzard F C Sell
AVP Avon Products F D Strong Sell
BBY Best Buy F C Strong Sell
BRCM Broadcom F C Sell
CAJ Canon F C Strong Sell
CMI Cummins D C Sell
CTXS Citrix F C Sell
CVX Chevron D D Sell
DELL Dell F F Strong Sell
DD DuPont F D Sell
EA Electronic Arts F C Strong Sell
ETFC E*TRADE Financial D D Sell
GD General Dynamics D C Sell
GMCR Green Mountain Coffee D C Sell
GME GameStop D C Sell
GT Goodyear F D Sell
H Hyatt Hotels D C Sell
HAL Halliburton F C Sell
HPQ Hewlett-Packard F D Strong Sell
INTC Intel F C Strong Sell
JCP J.C. Penney F D Strong Sell
KNM Konami F C Sell
KSS Kohl’s D C Sell
L Loews D C Sell
MCD McDonald’s F C Sell
MET MetLife D D Sell
MS Morgan Stanley D D Sell
NOK Nokia F D Strong Sell
PC Panasonic F D Strong Sell
SNDK SanDisk F C Sell
SNE Sony F C Strong Sell
SON Sonoco D C Sell
SWK Stanley Black & Decker D C Sell
SWY Safeway F C Sell
TAP Molson Coors D C Sell
TIF Tiffany F C Sell
TSN Tyson Foods F C Sell
VIA Viacom D C Sell
XRX Xerox F C Strong Sell

The economy is expected to perk up next quarter, and I do expect Wall Street to cheer up as we head into Thanksgiving and the holiday shopping season.

In the meantime, the best thing you can do to prepare (and to weather the current choppy trading activity) is invest solely in companies with the best earnings prospects. Of course, the best place to start is to run your portfolio through my Portfolio Grader screening tool. It doesn’t take much to see that sticking to A- and B-rated stocks pays off big in the long run.

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