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6 Stocks to Sell in November

These underperformers pose higher-than-average risk and have seen heavy insider selling

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With Europe in trouble and China’s rate of growth slowing, the United States may eventually be the fortress of the world’s economy. That is why I’m bullish long term, but shorter term, the market is telling us that the trend is uncertain and defensive measures should be taken.

October was not kind to shareholders, but the major indices have fallen to solid areas of chart support, and we are approaching a traditionally strong quarter for stocks. Be patient, trade if you wish, but long-term investors would be wise to wait it out for major commitments. I expect that opportunities to buy will occur sometime in mid-November.

Meanwhile, investors should cull their portfolios for underperforming stocks and those that pose higher-than-average risk. The following stocks have an uncertain future with most showing high rates of insider selling. They should be sold and the proceeds held for better investment opportunities that may occur soon.

Here is our list of stocks to sell in November:

Article printed from InvestorPlace Media, http://investorplace.com/2012/11/stocks-to-sell-bby-ce-cmg-grmn-isil-utx/.

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