6 Stocks to Sell in December

These stocks are overbought or seeing heavy insider selling

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6 Stocks to Sell in December

Stock to Sell #4 – Intel Corp. (INTC)

Intel Corp. (NASDAQ:INTC) is the world’s largest semiconductor chip maker, but revenue and earnings are in a slump due to slow emerging market demand, soft enterprise PC sales, and stiff competition in the mobile phone sector. Earnings are expected to fall in 2013 for the second consecutive year.

The stock is in a pronounced bear market with a sharp increase in sellers in the last quarter. Insiders have joined in selling the stock.

Although the MACD internal indicator is flashing “buy,” we must stick with the price trend, which tells us that November’s low at $19.23 will be tested. Sell INTC at the market.

12 12 sells intc 300x217 6 Stocks to Sell in December
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chart key 300x84 6 Stocks to Sell in December 


Article printed from InvestorPlace Media, http://investorplace.com/2012/12/stocks-to-sell-bhi-hpq-irf-intc-tif-yhoo/.

©2014 InvestorPlace Media, LLC

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