Blacknbengal
Well-Known Member
Danger! 25 stocks to avoid now
These likely losers come from sectors that are likely to sink some more before they hit bottom -- but when that happens, these names may be good investments again.
If the stock market were a Western, right about now an Army scout named Clem would look up from the campfire to remark that something didn't seem right. And the camera would pan back to show a line of Sioux just about to swoop down from a hill in full war dress -- bows cocked, arrows nocked.
November is typically one of the best months for investors, and right now there is a lot of cash in money-market funds just yearning to be put to work in cheap stocks. Yet among many professional investors, including longtime bulls, there's a gnawing unease with the market that doesn't seem to fit with the fact that most major indexes are trading near highs. Three pros with strong long-term records told me that in recent rallies they had unloaded most of the stocks they'd bought over the past five years.
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These likely losers come from sectors that are likely to sink some more before they hit bottom -- but when that happens, these names may be good investments again.
If the stock market were a Western, right about now an Army scout named Clem would look up from the campfire to remark that something didn't seem right. And the camera would pan back to show a line of Sioux just about to swoop down from a hill in full war dress -- bows cocked, arrows nocked.
November is typically one of the best months for investors, and right now there is a lot of cash in money-market funds just yearning to be put to work in cheap stocks. Yet among many professional investors, including longtime bulls, there's a gnawing unease with the market that doesn't seem to fit with the fact that most major indexes are trading near highs. Three pros with strong long-term records told me that in recent rallies they had unloaded most of the stocks they'd bought over the past five years.
Rest of Story