August 24, 2010

Nine Blue Chip Stocks You Need to Dump Now

Louis Navellier, TheStreet.com

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By Louis Navellier of InvestorPlace

Well the first thing investors need to do is take a cold, hard look at the "stable" companies in their portfolio. Over the last few years, "stable" has meant tracking the market steadily downward on the bad days and failing to bounce back as quickly during brief periods of strength. You can't afford to hold on to mega-cap stocks like these just because you think they are going to reduce your risk and reduce volatility. The fact is that you'll lose money -- more slowly than in other stocks, but you'll lose it just the same. Here are nine famous mega-cap stocks that you should dump immediately rather than slowly let them bleed you dry. Add...
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TAGGED: stocks, Louis Navellier

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