Sell These 3 Dow Jones Stocks NOW

Not only are they old, but they're irrelevant, too. Get out now.

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Sell These 3 Dow Jones Stocks NOW

Dow Jones Stocks to Sell: Walmart (WMT)

Walmart185 Sell These 3 Dow Jones Stocks NOWI’m going to say it. You know I will. Walmart (WMT). The king of retailers looks more like a court jester these days. It isn’t just that WMT stock revenue is going to only rise 1.7% this year, and EPS about 2%, but Walmart means nothing in an Amazon (AMZN) world.

Whenever I look to order basic cleaning supplies, the lowest prices show up on WMT stock and Amazon. The latter always wins because I can get it faster and with less hassle via mail order, and with Amazon Prime, I get it shipped free. Walmart’s stores have gone dingy. Service is awful. I don’t want or need to wait in lines when I can get everything online.

If that sounds a little too anecdotal, OK, though you’ll find increasing numbers of people who’ve shared the same experience. But the numbers don’t lie, and the aforementioned earnings and revenue numbers are lousy.

Again, why pay for no growth to get a 2.5% yield? You don’t have to.

These three Dow Jones stocks are done. Sell ‘em and buy something else.

As of this writing, Lawrence Meyers did not hold a position in any of the aforementioned securities. He is president of PDL Broker, Inc., which brokers financing, strategic investments and distressed asset purchases between private equity firms and businesses. He also has written two books and blogs about public policy, journalistic integrity, popular culture, and world affairs. Contact him at pdlcapital66@gmail.com and follow his tweets @ichabodscranium.


Article printed from InvestorPlace Media, http://investorplace.com/2014/02/sell-3-dow-jones-stocks/.

©2014 InvestorPlace Media, LLC

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