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3 Stocks You Need to Sell NOW

When even ever-optimistic Wall Street analysts are bearish on a stock, it's time to get out

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Sears Holdings

Sears185 3 Stocks You Need to Sell NOWEver since Kmart bought Sears Holding (SHLD) and took the latter’s name, this retailer has been a prime example of tying two bricks together and expecting them to float.

SHLD’s sales are forecast to decline another 7.3% this year, while the company’s loss is expected to triple — to $6.15 a share from $2.03 in the prior-year period.

Only three analysts cover Sears, according to data from Thomson Reuters, with one calling it a “hold” and the other two saying “sell.” Their average price target stands at $22.50, making the implied downside 65% in the next 12 months or so.


Article printed from InvestorPlace Media, http://investorplace.com/2013/10/stocks-to-sell-shld-lxk-czr/.

©2014 InvestorPlace Media, LLC

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