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10 Hopeless Stocks to Wash From Your Portfolio Forever

These stocks had their chance to prove their mettle. It's time to wash your hands of them.

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Most of the time, deeming a stock a “sell” isn’t a forever goodbye — it’s more like “see ya later” when the stock price or business prospects are more compelling. There are some cases, though, where a company earns a spot on a list of stocks to sell because it’s became a hopeless case.

10 Hopeless Stocks to Wash From Your Portfolio Forever
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Either the market has forever changed in such a way as to render a company obsolete (a la dial-up modems, camera film and movie rental stores), or the organization has obliterated any and all trust consumers, customers and investors may have had in it — think Yahoo’s unreported data breach or Chipotle’s (NYSE:CMGE. coli debacle.

Fortunately, incidents in the latter category are few and far between. Companies that mostly outlive their usefulness and marketability, however, is a recurring theme.

Here’s a closer look at ten stocks to sell that you may just want to take out of your portfolio and off your watchlist until the end of time.

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Article printed from InvestorPlace Media, http://investorplace.com/2017/04/10-hopeless-stocks-to-wash-from-your-portfolio-forever/.

©2017 InvestorPlace Media, LLC