If selling activity isn’t being offset by insider buying, though, it may suggest that a stock is overvalued. This can frequently be confirmed by other fundamental metrics. Remember, selling a stock doesn’t always mean saying goodbye to a stock forever. It doesn’t even mean unloading your entire position. Although in some cases, for example, if the dividend itself is in jeopardy, it may be time to walk away. With that as a background, here are three dividend stocks to avoid at this time.
Recent insider selling make these three dividend stocks to avoid: 3M (MMM): One lawsuit is resolved but there is more to settle and analysts are eyeing a possible dividend cut. Eli Lilly (LLY): Insider activity tells you that now is not the time to chase this overvalued stock. Oracle (ORCL): The tech giant may be a long-term AI winner, but recent price action is not likely to last.
Source: InvestorPlace
Related Articles:
Dividend Growth Stocks News
3 Dividend Stocks That Have Insiders Running for the Exit
Posted by D4L | Friday, July 21, 2023 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.