Friday, November 9, 2007

25 Stocks to Avoid

I recently read an article by Jon Markman over at MSN Money Central. In his article he explains his rational for avoiding the following 25 stocks.

To read the entire article please click here.


1. Merrill Lynch (MER, news, msgs)
2. Lehman Bros. (LEH)
3. Bear Stearns (BSC)
4. Bank of America (BAC)
5. Citigroup (C)
6. Washington Mutual (WM)
7. KeyCorp (KEY)
8. Wachovia (WB)
9. Moody's (MCO)
10. McGraw-Hill (MHP)
11. YRC Worldwide (YRCW)
12. JB Hunt Transport Services (JBHT)
13. Con-Way (CNW)
14. Knight Transportation (KNX)
15. Old Dominion Freight Line (ODFL)
16. McClatchy (MNI, news, msgs)
17. The New York Times (NYT)
18. Gannett (GCI)
19. Arctic Cat (ACAT)
20. Bed Bath and Beyond (BBBY)
21. Williams-Sonoma (WSM)
22. La-Z-Boy (LZB)
23. Stanley Furniture (STLY)
24. Bassett Furniture Industries (BSET)
25. News Corp. (NWS)

Of course you should do your own research as it's been my experience that the best buying opportunities are often when everyone else says don't buy (however sometimes they're right)


Anonymous said...

I'd say these are "25 stocks to put on your watch list". Watch them go down, wait for a price you like and buy them at a discount.

Anonymous said...

financials, transpo, retail, nothing new... low low low stock prices, don't buy? OK.

Anonymous said...

Interesting article actually. Probably the best approach at this point is to take partial positions in some great stock names.

Anonymous said...

It's interesting that in the third paragraph he says "In the 2000-2002 bear market, after all, you would have been smart to own small-cap real-estate investment trusts, regional banks, and breweries, which defied the broad trend by going up".
That was post tech boom.
Would that not also define most of the stocks on his list? Very few see these stocks going anywhere in the near future.
I agree with anonymous 1, put them on the watch list.

Thicken My Wallet said...

Some of these industries are dying industries (publishing and trucking) but some of his analysis is very short-term focused.

Middle Class Millionaire said...

I agree. Partial positions and on the watch list.

I agree definitely short term oriented.

Anonymous said...

turned out to be right i guess


Nice list

Anonymous said...

You're so cool! I do not suppose I have read anything like that before. So great to discover somebody with some original thoughts on this issue. Really.. thanks for starting this up. This web site is one thing that is required on the web, someone with some originality!

Also visit my web-site: werken in arnhem

Anonymous said...

You actually make it seem so easy with your presentation but I find
this topic to be actually something which I think I would
never understand. It seems too complicated and extremely broad for me.
I'm looking forward for your next post, I will try to get the hang of it!

My web blog :: luxe vakantiehuizen

Anonymous said...

Why viewers still make use of to read news papers when in this technological
world the whole thing is existing on web?

Visit my site: webpage

Anonymous said...

This is a topic which is near to my heart... Many thanks!

Where are your contact details though?

my blog: vakantiehuisje frankrijk

Anonymous said...

I was recommended this blog by my cousin. I'm not sure whether this post is written by him as nobody else know such detailed about my trouble. You are incredible! Thanks!

Feel free to visit my web site :: vakantiehuisje frankrijk