The market continues to push higher, but that doesn’t mean investors can rely on every stock to move higher, too.
The fact is a number of stocks are seriously lagging the market — and many will continue to fall behind in the months ahead.
Some of these stocks have made strategic missteps that are holding back profits and sales. Others are simply in an unfortunate place right now as trends in the broader economy hold them back. And then there are stocks that aren’t necessarily bad, but simply overvalued when compared with the alternatives.
Any way you slice it, though, these stocks could take a serious bite out of your portfolio and need to be sold ASAP.
Here’s why I am bearish on those particular stocks right now: