Deadly sin stock #5: Hooker Furniture (HOFT)

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Deadly sin stock #5: Hooker Furniture (HOFT)It's the oldest profession around. No, not that one.

Furniture making has been around since the 7 Deadly Sins came into existence. But lately it's been rather "sinful" to be a furniture maker -- the homebuilding crash has resulted in fewer buyers looking to furnish homes.

One of the leaders in the industry is Hooker Furniture (NASDAQ: HOFT). The stock has bounced off its lows and is showing some signs of life. But the move may be a head fake as the company has a long way to go for redemption. I rate HOFT a sell.

Next: Deadly sin stock #6

See all 7 deadly sin stocks.

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DJIA+150.2510,058.64
NASDAQ+24.822,150.87
S&P 500+13.781,070.52

Last updated: February 09, 2010: 08:24 PM

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