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5 Big-Name Blue Chips to Dump ASAP

Yes, you should consider a defensive stance, but not every blue chip is the perfect avenue for safety right now

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BlueChip185The market is at an inflection point, where the slow-news environment of the summer is about to meet the high-stakes period in the fall.

Money managers are going to begin their annual race to year-end. Congress is taking up some serious business in the coming months, including yet another contentious debt ceiling fight with a Sept. 30 deadline.

And don’t forget we have the threat of Federal Reserve “tapering” looming large over the stock market just to make things interesting.

So in this uncertain environment, it behooves investors to tread carefully — both in fast-moving momentum plays, as well as sleepy stocks that don’t move much but could significantly underperform based on specific challenges in the months ahead.

If you’re looking to get defensive, you have the right idea. But if you’re in one of these five big-name blue chips, you should bail out ASAP.

Article printed from InvestorPlace Media,

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