stocks to sell posts
FeedPosted Mar 20th 2010 3:00PM by Michael Shulman (RSS feed)
Filed under: Stocks to Sell
A well-managed company that may be worth buying someday, currently Brunswick's (BC) profits rely too heavily on making and selling boats.
Who needs a boat? You may want one, but you certainly don't need one. And when you find the cash (since there's no credit available) to buy one, you can get a used one; they are falling off the dry docks.
Continue reading Deadbeat Stock #3: Brunswick (BC)
Posted Mar 20th 2010 1:00PM by Michael Shulman (RSS feed)
Filed under: Palm Inc (PALM), Stocks to Sell
Would anyone care if Palm (PALM) went away -- other than its employees and shareholders?
This company is seeing sales decline, and its new best hope, the Pre, is competing against the iPhone, BlackBerry and Droid.
That means a company with little cash and a market cap under a billion dollars is fighting, with an inferior and overpriced product, against the combined strength of Apple (AAPL), Research In Motion (RIMM) and Google (GOOG). End of discussion.
At the time of this writing, the author did not own shares of PALM.
Next: Deadbeat Stock #3: Brunswick (BC)
Posted Feb 13th 2010 9:00AM by Louis Navellier (RSS feed)
Filed under: Amazon.com (AMZN), Ford Motor (F), Whole Foods Market (WFMI), Stocks to Buy, Stocks to Sell
Valentine's Day may be a commercialized holiday to some, but there's no denying that its big business. And this coming Valentine's Day may be extra sweet since it falls on a Sunday, making it a great excuse for a romantic night out. In fact, total Valentine's Day spending is expected to reach $17.6 billion this year, up 3.3% over 2009, according to consumer spending researchers at IBISWorld.
That's a big payday, and one that investors should be paying attention to.
Continue reading Ten Valentine's Day Stocks to Love (and 10 to Hate)
Posted Dec 13th 2009 2:00PM by Louis Navellier (RSS feed)
Filed under: Verizon Communications (VZ), Stocks to Sell
Verizon (VZ) is betting the farm on a high-stakes bid to supplant the Apple (AAPL) iPhone with its Droid device. In the long run this may be a good move, but in the short run the ad blitz and high cost of this rollout are really going to eat away at Verizon's bottom line.
While spending on tech devices has been strong, the bottom line is that the initial price point for the Droid may be a bit high and it will take some time for consumers to catch on to this smart phone, considering how loyal Apple users are. Things may change in a few weeks if I hear some favorable news, but for now VZ is a sell.
Next: Dog of the Dow #13: Walmart (WMT)
Posted Dec 13th 2009 1:00PM by Louis Navellier (RSS feed)
Filed under: Procter and Gamble (PG), Stocks to Sell
Procter & Gamble (PG) is a company that overreached and now has a cumbersome fleet of brands. To its credit, the company is currently shopping around some product divisions including Braun small appliances, Iams pet foods, Duracell batteries and Pringles snacks.
But the bottom line is that it will take some time to streamline this patchwork company -- so investors shouldn't hold their breath.
Next: Dog of the Dow #12: Verizon (VZ)
Posted Dec 13th 2009 12:00PM by Louis Navellier (RSS feed)
Filed under: McDonald's (MCD), Stocks to Sell
McDonald's (MCD) was a favorite of mine during the recession, as a weak dollar boosted overseas revenue and value-conscious consumers flocked to the Golden Arches. But low-priced fare can only take you so far, and competitors have started to erode MCD's hold on cheap eats.
What's more, the company's successful McCafe offerings took cash away from Starbucks (SBUX) in early 2009 -- but now cheaper at-home alternatives to brewing coffee are cutting into McDonald's java sales. That's bad news for MCD, and I rate this stock a sell.
Next: Dog of the Dow #11: Procter & Gamble (PG)
Posted Dec 13th 2009 11:00AM by Louis Navellier (RSS feed)
Filed under: Kraft Foods'A' (KFT), Stocks to Sell
Kraft (KFT) had hoped to win Wall Street's attention by pursuing Cadbury, but instead it has come across as wishy-washy in a bid that may never come to fruition.
And rather than growing, Kraft may actually be shrinking now that rumors are circulating that the company is shopping around its Maxwell House coffee brand. Obviously, a good company should be growing and not shrinking.
Next: Dog of the Dow #10: McDonald's (MCD)
Posted Dec 13th 2009 10:00AM by Louis Navellier (RSS feed)
Filed under: Home Depot (HD), Stocks to Sell
Home Depot (HD) is kind of a no-brainer. Home sales have trickled to nearly nothing, and with falling property values it doesn't make a heck of a lot of sense to add on that sun room you've always wanted.
The final nail in the coffin is weak consumer spending that is hurting retailers of all stripes. Until housing and consumer confidence both improve markedly, HD is a sell.
Next: Dog of the Dow #9: Kraft (KFT)
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