3 Turkeys to Sell Before Thanksgiving

By at least one measure these need to go

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3 Turkeys to Sell Before Thanksgiving

United States Cellular

 3 Turkeys to Sell Before Thanksgiving The cellular business has been a popular safe haven for defensive investors. The reliable and often growing cash flows of these businesses have made them an attractive investment. Shares of United States Cellular (USM) have appreciated nicely since bottoming this past summer.

United States Cellular’s valuation doesn’t hold, up in my opinion. Analysts expect profits next year to move from a small profit to a small loss. That’s a bad sign. At current prices, shares trade for more than 100 times 2013 estimated earnings. Sometimes the market just makes little sense, as is the case here. I would be a seller of this turkey sooner than later.


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/stocks-to-sell-cube-mrk-usm/.

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