The only two things more important than know what to buy is when to sell and what to avoid. And sometimes those two pieces of information can be one in the same.
Even large-cap stocks fall prey to a downturn. Some can be in industries that are struggling right now and the markets hate uncertainty, so stocks will pay the price.
That isn’t to say these stocks represent bad companies, it’s just that the companies are in sectors where investors can’t tell whether the light at the end of the tunnel is an oncoming train or a way out.
Plus some of these stocks have done well over the years and its best to walk away now because they could get pummeled; and then you will have to hold them a very long time to get back to even.
So let’s take a look at seven large-cap stocks that you should sell right away. And if you don’t own them, don’t buy them!