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Ready to Take Profits? Start With These 37 Blue Chips.

October 27, 2016

It's no secret that there is a lot of uncertainty about the Presidential election, the global economy and where the Fed is going with interest rates.

In reading my inbox, I've heard from a lot of folks who aren't sure what to do with their money and are considering cashing out. Now, taking profits from time-to-time is a smart move, but only if you're strategic about it. There's nothing to be gained by selling a perfectly good stock on a whim, especially given what I expect will happen through year-end.

November is typically a seasonally strong month on Wall Street. After the Presidential Election, the market could "burp" for a few days, but I'd expect any such pullbacks to be short-lived. If history repeats itself, we should rally into Thanksgiving. The period between Thanksgiving and Christmas tends to bring renewed optimism on Main Street and Wall Street. The fact of the matter is Thanksgiving is a happy time of the year, so consumer sentiment tends to rise, rubbing off on investor sentiment in turn.

Thanks to holiday cheer and year-end pension funding, I expect that the stock market will finish the year on a strong note, even if the Fed raises key interest rates in December. Then in the New Year, there will be more new pension funding, as well as the Presidential Inauguration.

So if you're really looking to take profits on any of your current positions, you'll want to make sure that you're only selling stocks that have become more volatile of late. You can do this at any time using my Portfolio Grader tool, and to get you started here's a list of 37 big-name blue chips that should be sold right away:

Symbol Company Name Quantitative Grade Fundamental Grade Total Grade
AGN Allergan plc D C D
ALXN Alexion Pharmaceuticals Inc. F C F
ANTM Anthem Inc. D C D
APC Anadarko Petroleum Corp. D C D
BA Boeing Company D C D
C Citigroup Inc D C D
CAJ Canon Inc. D C D
CI Cigna Corp. D C D
COF Capital One Financial Corp. D C D
COP ConocoPhillips F F F
CS Credit Suisse Group AG F D F
CTSH Cognizant Technology Solutions Corp. F C D
CVS CVS Health Corp. F C F
DAL Delta Air Lines Inc. F C D
DIS Walt Disney Company F C D
E Eni SpA D F D
F Ford Motor Company F C D
FOX Twenty-First Century Fox Inc. F C D
GILD Gilead Sciences Inc. F C F
KMI Kinder Morgan Inc D D D
KR Kroger Co. F C D
LBTYK Liberty Global Plc F C D
LUX Luxottica Group S.p.A. F C D
LYB LyondellBasell Industries NV F C D
MET MetLife Inc. D D D
MFC Manulife Financial Corp. D C D
MPC Marathon Petroleum Corp. D C D
NOK Nokia Oyj F C D
NVS Novartis AG F C F
PSX Phillips 66 D D D
TSLA Tesla Motors Inc. D D D
UBS UBS Group AG F C F
VFC V.F. Corp. F C D
VLO Valero Energy Corp. D C D
VOD Vodafone Group Plc F C F
WBA Walgreens Boots Alliance Inc F C D
WFC Wells Fargo & Company F C D

Sincerely,

signed: Louis Navellier

Louis Navellier

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