3 Dogs of the Dow to Sell Now

The Dow is rebounding today, but don't underestimate Tuesday's tumble. The index and some of its components are in trouble.

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Dogs of the Dow to Sell: Walmart (WMT)

052114 WMT stock 300x247 3 Dogs of the Dow to Sell Now
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After ripping higher between February and April to test its early December high, Walmart (WMT) is coming under pressure after reporting weaker-than-expected earnings last week.

Earnings per share came in at $1.10 vs. the $1.15 that was expected while revenue missed at $115 billion vs. $115.9 billion expected. But the kicker was a drop in U.S. same-store sales, suggesting that the consumer is under pressure.

A drop to test two-year support near $72 looks likely, which will be worth about a 5% decline from here.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/05/3-dogs-of-the-dow/.

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