The major stock market indices continue to push up against new highs, but investors shouldn’t be fooled.
Not every stock is moving higher in 2014, and some of the riskiest investments have cratered despite the S&P 500 being in the green for the year-to-date.
Investors have been lulled into a false sense of security after a roaring run last year that delivered tremendous profits via risky momentum stocks. But as the market gets selective, it’s more important than ever to make sure you’re not holding bubble stocks in your portfolio just because they’re fashionable names.
After all, fad stocks are nice when you’re riding the uptrend … but can be awfully painful when the bubble bursts.
To keep you safe across the rest of the year and beyond, here are five fashionable investments that are starting to lose steam and should be sold ASAP.