3 Stocks I Sold Last Week

I write a lot about stocks worth buying, but it's important to talk about selling. Sometimes you need to sell something to buy something else. Sometimes it's just a good spot to move on from an investment, even if you don't have immediate deployment plans.

I've been selling some stocks this month. I may regret the moves -- at least some of them -- but with all of the market uncertainty as tensions continue percolating overseas, I think it's a good time to build up my cash reserves. I will put that money to work, ideally sooner rather than later.

I closed out my positions in (NYSE: BABA), (NASDAQ: CROX), and W.P. Carey (NYSE: WPC) in the first three trading days of last week. Why did I choose these three names over the nearly 40 stocks I continue to own? Let's dive in to my three latest moves to sell.

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Source Fool.com