3 Stocks to Sell Before Earnings Season
Buying and holding stocks for the long run is a great strategy for building wealth over time. However, companies change, and some investments that looked solid a few years ago may turn out to be duds if you give them more time to stretch.
For instance, Kraft Heinz (NASDAQ: KHC) used to be a solid dividend stock that could outperform the stock market, but it has dropped tremendously from its all-time highs, with a full recovery looking nearly impossible.
The stock market is filled with companies that performed well over long stretches, encountered fundamental problems, and never rebounded. These three stocks have those same risks, and it may be better to bail out on these picks before they next report earnings, rather than hoping for a rebound.
Source Fool.com
