And I’m ready to take your tomatoes… even though I’m right.
Instead of making another list of great stock picks, I
decided to do the opposite today. I actually wrote about these companies over
the past 12 months telling investors to sell them now before it’s too late.
What makes them special is that they have tons of fans as they are very popular
dividend paying companies. They often ace the first filtering processes due to
their competitive advantage and good fundamentals. Their “brand” as a dividend
paying stock is strong among investors but I feel that they offer more smoke
than anything else. Many investors are blinded by the story told by these
companies and tend to ignore the story that will happen in the years to come.
Those companies are on my black list and I don’t see them
returning to my watch list anytime soon. In fact, I think each of them is a BIG
SELL at the moment.
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