5 Big-Name Stocks to Sell Now

Ditch these losers now before they kill your portfolio

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5 Big-Name Stocks to Sell Now

If you’re worried about a market top and a deep correction around the corner, there have been a host of headlines lately that should settle your fears.

trading screen iStock 000007388795XSmall e1289947313436 5 Big Name Stocks to Sell NowSecond-quarter GDP was already reported to be strong, but recently was revised up to an impressive 4.2% growth rate.

The unemployment rate remains at the lowest levels since late 2008, and jobless claims continue to fall.

The market keeps setting new highs, and the S&P 500 remains around 2,000 as we enter the seasonally strong part of the year after Labor Day.

I am very bullish on the market in general, and confident stocks will keep marching higher … but that doesn’t mean that I think every stock is a strong buy.

It’s always prudent to think about trimming potential underperformers even in a bull market, so right now I would focus on moving out of weaker stocks and into better ones to benefit from the continued rally on Wall Street.

If you have any of these five widely-held stocks in your portfolio, consider selling them and moving into a better stock ASAP:

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Article printed from InvestorPlace Media, http://investorplace.com/2014/09/stocks-to-sell-twtr-clf/.

©2014 InvestorPlace Media, LLC

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