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6 Stocks to Sell in February

Bonds, video game makers and defense stocks top this month's list

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Stock to Sell #3 – Diodes Inc. (DIOD)

Diodes Inc. (NASDAQ:DIOD) produces semiconductor parts for communications, computing, consumer electronics and automotive markets. In the last two years, both revenues and earnings have dropped. But in Q3 2012, revenues increased 4% on a year-over-year basis.

The stock has rallied from under $14 to over $19 in the last three months. But it is now at a resistance line at about $19.50, and the chances are high that it will have a difficult time punching through that line. Note the low volume on buying versus the higher volume on selling, a bad technical sign.

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chart key 300x84 6 Stocks to Sell in February


Article printed from InvestorPlace Media, http://investorplace.com/2013/02/stocks-to-sell-atvi-cpt-diod-lmt-ttwo-bonds/.

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