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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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Stock to Sell #5 – Intersil Corp. (ISIL)

Intersil Corp. (NASDAQ:ISIL) designs, manufactures and markets analog and mixed-signal integrated circuits for the consumer electronics market. Twenty-one percent of the company’s revenues are derived from PCs, and shifting markets and market share losses cloud future earnings. ISIL is attempting to transition away from PCs, but this is likely to lead to losses.

Technically, the stock is in a bear market. Its decline accelerated in October, when it broke down through its bearish support line. A bounce from an oversold condition gives shareholders an opportunity to sell this underperformer.

ISIL Chart

Trade of the Day Chart Key


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

©2016 InvestorPlace Media, LLC

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