Dump These 45 Household Names Before It's Too Late

Last week’s market activity proved that many were expecting a Romney victory, so there may be some short-term growing pains while Wall Street adjusts to four more years with President Obama in the White House. But that doesn’t mean you should go to cash—not by a long shot.

Want to know my take on how to handle the uncertainty caused by the impending “Fiscal Cliff” and the ongoing eurozone debt drama? Trim your portfolio of all dead weight. I’m talking about all of the companies that have announced mixed earnings results or have sloppy guidance looking forward. Of course, it can be tedious reviewing the latest earnings results for each of your companies, so I’ve broken down the top 45 big blue chips that you should steer clear of.

Symbol Company Name Quantitative Grade Fundamental Grade Recommendation
AA Alcoa Inc. F D Strong Sell
AMTD TD Ameritrade Holding Corp. F C Sell
ANF Abercrombie & Fitch Co. Cl A F D Strong Sell
ATVI Activision Blizzard Inc. F C Sell
AVP Avon Products Inc. F D Strong Sell
BBY Best Buy Co. Inc. F C Strong Sell
BRCM Broadcom Corp. F C Sell
CAJ Canon Inc. ADS F C Strong Sell
CMI Cummins Inc. D C Sell
CSX CSX Corp. F C Sell
CTXS Citrix Systems Inc. F C Sell
CVX Chevron Corp. D D Sell
DD E.I. DuPont de Nemours & Co. F D Sell
DELL Dell Inc. F C Strong Sell
EA Electronic Arts Inc. F C Strong Sell
ETFC E*TRADE Financial Corp. D D Sell
GD General Dynamics Corp. D C Sell
GMCR Green Mountain Coffee Roasters Inc. D C Sell
GME GameStop Corp. Cl A D C Sell
GT Goodyear Tire & Rubber Co. F D Sell
H Hyatt Hotels Corp. D C Sell
HAL Halliburton Co. F C Sell
HPQ Hewlett-Packard Co. F D Strong Sell
INTC Intel Corp. F C Strong Sell
JCP J.C. Penney Co. Inc. F D Strong Sell
KNM Konami Corp. ADS F C Sell
KSS Kohl’s Corp. D C Sell
L Loews Corp. D C Sell
MCD McDonald’s Corp. F C Sell
MET MetLife Inc. D D Sell
MGM MGM Resorts International D D Sell
MS Morgan Stanley D D Sell
NOK Nokia Corp. (ADR) F D Strong Sell
PC Panasonic Corp. ADS F D Strong Sell
SNDK SanDisk Corp. F C Sell
SNE Sony Corp. ADS F C Strong Sell
SON Sonoco Products Co. D C Sell
SWK Stanley Black & Decker Inc. D C Sell
SWY Safeway Inc. F C Sell
TAP Molson Coors Brewing Co. Cl B D C Sell
TIF Tiffany & Co. F C Sell
TSN Tyson Foods Inc. Cl A F C Sell
VIA Viacom Inc. Cl A D C Sell
XRX Xerox Corp. F C Strong Sell

The economy is expected to perk up next quarter, and I do expect Wall Street to cheer up as we head into Thanksgiving and the holiday shopping season. In the meantime, the best thing you can do to prepare (and to weather the current choppy trading activity) is invest solely in companies with the best earnings prospects. Of course, the best place to start is to run your portfolio through my Portfolio Grader screening tool. It doesn’t take much to see that sticking to A- and B-rated stocks pays off big in the long run.

Sincerely,

Louis Navellier

Louis Navellier

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