Stock to Sell #5 – Exelon Corp. (EXC)
Electric utility company Exelon Corp. (EXC) operates in 47 states and Canada. Although earnings are projected at $2.56 for 2013, according to S&P, they are projected to fall 7% in 2014.
The stock has been in a bear market since 2008, and the recent breakdown from a triangle appears to be adding another leg to the downtrend. EXC pays a dividend of $1.24 for a 4.2% yield, but the stock should be sold at the market.