35 Household Names To Sell Right Away

Now that the House has voted to suspend the debt ceiling for nearly four months, Wall Street and Main Street alike can breathe a little easier. This, combined with unusually strong earnings reports from the tech sector (Apple notwithstanding), had investors in a good mood, so we saw a modest rally yesterday.

Unfortunately, I don’t expect this to last. What’s happening right now is that we’re in the midst of fourth-quarter earnings season, and usually the strong earnings announcements come out early and the weak announcements tend to come a little later. So I expect that market to become pretty bumpy around the second week of February.

Want to know my take on how to navigate the potentially choppy trading action to come? 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 35 big blue chips that you should steer clear of.

Symbol Company Name Quantitative Fundamental Total
AA Alcoa Inc. F D Strong Sell
ABX Barrick Gold Corp. F D Strong Sell
AMAT Applied Materials Inc. D D Sell
APA Apache Corp. F D Strong Sell
BBY Best Buy Co. Inc. F D Strong Sell
BHI Baker Hughes Inc. F D Strong Sell
BSX Boston Scientific Corp. D D Sell
CAJ Canon Inc. ADS F D Sell
CHK Chesapeake Energy Corp. F D Strong Sell
CS Credit Suisse Group AG ADS D D Sell
CVX Chevron Corp. D D Sell
CXO Concho Resources Inc. F D Strong Sell
DD E.I. DuPont de Nemours & Co. F D Sell
DVN Devon Energy Corp. F D Strong Sell
ECA Encana Corp. C D Sell
ETR Entergy Corp. F D Sell
GT Goodyear Tire & Rubber Co. D D Sell
HPQ Hewlett-Packard Co. F F Strong Sell
JCI Johnson Controls Inc. D D Sell
JCP J.C. Penney Co. Inc. F D Strong Sell
MET MetLife Inc. F D Strong Sell
MU Micron Technology Inc. D D Sell
NBL Noble Energy Inc. D D Sell
NEM Newmont Mining Corp. F D Strong Sell
NOK Nokia Corp. (ADR) D D Sell
NSC Norfolk Southern Corp. F D Strong Sell
NUE Nucor Corp. C D Sell
PC Panasonic Corp. ADS F D Strong Sell
POT Potash Corp. of Saskatchewan Inc. F D Sell
PRU Prudential Financial Inc. F D Strong Sell
PXD Pioneer Natural Resources Co. D D Sell
SE Spectra Energy Corp. F D Strong Sell
SPLS Staples Inc. F D Sell
TLM Talisman Energy Inc. D F Sell
VOD Vodafone Group PLC ADS F D Sell

To wrap up, 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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