Time to Cash In: 3 (More) Stocks to Sell at 52-Week Highs

InvestorPlace2023-07-20

Here are three stocks to sell that investors should be fearful about.Sherwin-Williams (SHW): The company’s dependency on the housing market could sink SHW.Airbnb (ABNB): ABNB’s upcoming financial ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Mr Mooney
2023-07-21
Mr Mooney
Abnb price is too high.... conside to sell and enjoy profit

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2352010090?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-20 20:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2352010090","market":"sh","top_or_hot":-1,"title":"Time to Cash In: 3 (More) Stocks to Sell at 52-Week Highs","media":"InvestorPlace","content":"<div>\n<p>Here are three stocks to sell that investors should be fearful about.Sherwin-Williams (SHW): The company’s dependency on the housing market could sink SHW.Airbnb (ABNB): ABNB’s upcoming financial ...</p>\n\n<a href=\"https://investorplace.com/2023/07/time-to-cash-in-3-more-stocks-to-sell-at-52-week-highs/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Time to Cash In: 3 (More) Stocks to Sell at 52-Week Highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTime to Cash In: 3 (More) Stocks to Sell at 52-Week Highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-20 20:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/07/time-to-cash-in-3-more-stocks-to-sell-at-52-week-highs/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Here are three stocks to sell that investors should be fearful about.Sherwin-Williams (SHW): The company’s dependency on the housing market could sink SHW.Airbnb (ABNB): ABNB’s upcoming financial ...</p>\n\n<a href=\"https://investorplace.com/2023/07/time-to-cash-in-3-more-stocks-to-sell-at-52-week-highs/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0417517546.SGD","symbol_name":"Allianz US Equity Cl AT Acc SGD","start_time":0,"source_url":"https://investorplace.com/2023/07/time-to-cash-in-3-more-stocks-to-sell-at-52-week-highs/","article_id":"2352010090","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2352010090","pubTimestamp":1689854948,"columns":[],"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"With many investors on the Street starting to get greedy, here are three stocks to sell that investors should be fearful about.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4023":"应用软件","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","WFC":"富国银行","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4585":"ETF&股票定投概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK4566":"资本集团","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","SHW":"宣伟公司","PLTR":"Palantir Technologies Inc.","BK4535":"淡马锡持仓","LU0251142724.SGD":"Fidelity America A-SGD","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0106831901.USD":"贝莱德世界金融基金A2","BK4543":"AI","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","BK4501":"段永平概念","BK4559":"巴菲特持仓","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","BK4588":"碎股","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK4550":"红杉资本持仓","ABNB":"爱彼迎","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","BK4207":"综合性银行","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0971096721.USD":"富达环球金融服务 A","BK4547":"WSB热门概念","BK4505":"高瓴资本持仓","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4504":"桥水持仓","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","BK4142":"酒店、度假村与豪华游轮","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC"},"translate_title":"兑现时间：3只（更多）股票在52周高点卖出","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WFC":1,"ABNB":1,"PLTR":1,"SHW":1},"content_text":"Here are three stocks to sell that investors should be fearful about.Sherwin-Williams (SHW): The company’s dependency on the housing market could sink SHW.Airbnb (ABNB): ABNB’s upcoming financial results could disappoint investors.Palantir (PLTR): The Street appears to be overestimating the boost that the firm will get from AI. \n\n\n\n \n\nSource: shutterstock.com/eamesBot\n\n\n\nWarren Buffett famously said that investors should be “fearful when others are greedy and greedy when others are fearful.” So with many on the Street starting to get greedy, as demonstrated by the market’s huge rallies in recent months, a case can be made that investors should start to become more fearful than they were previously. I’m not saying that I’m turning bearish on stocks. I actually remain very bullish, for the most part, on U.S. equities. But, because of the Street’s overall lack of fear and the optimism about technology and a few other sectors that’s gripping investors, some names have soared too high too quickly. With that in mind and in the spirit of Buffett’s quote, here are three stocks to sell which are at or near their 52-week highs.\n\n\n\n\n\n\nSherwin-Williams (SHW)\nSource: Ken Wolter / Shutterstock.com\nA seller of paint and related products, Sherwin-Williams (NYSE:SHW) is quite dependent on the housing market, as consumers frequently paint homes after buying them.\nThere’s a great deal of disagreement as to whether the housing market will remain strong or greatly weaken in the months and years ahead. And therefore, whether or not housing related companies should be stocks to sell. Some say that higher mortgage rates will cause the demand for housing to sink over the medium term and the long term, while others say that the lack of supply will enable it to remain resilient.\nFor now, I’m taking a nuanced view of the market’s outlook. Specifically, I believe that the sector could remain resilient for awhile before weakening somewhat under the weight of high rates, rebounding supply and, in certain markets, the easing of the work-from-home trend.\nMoreover, in the medium term, SHW could be hurt at the margins by the work-from-home trend as well, since office buildings do have to be painted, too.\nAlso noteworthy is that inflation could theoretically rebound, causing mortgage rates to jump again and further dent the housing market.\nAfter its advance in recent weeks, the forward price-earnings ratio of SHW is 32.25, which is not very attractive.\n\n\n\n\n\n\nAirbnb (ABNB)\nSource: Diego Thomazini / Shutterstock\nIn a note to investors last month, Wells Fargo (NYSE:WFC) initiated Airbnb (NASDAQ:ABNB) with an “underweight” rating. The firm believes that the Street’s 2024 and 2025 margin estimates for ABNB are too high, and it thinks the company’s 2024 and 2025 EBITDA will come in 5% and 11% below analysts’ average estimates.\nAlso making Wells less upbeat on ABNB are “Moderating share gains vs. hotels and persistent regulatory risk.” Wells placed a $99 price target on the shares, nearly 33% below the stock’s current level. Also boding ominously for Airbnb are signs that hotel prices are slipping.\nABNB stock is far from cheap at this point, as its forward price-earnings ratio is 40.3.\n\n\n\n\n\n\nPalantir (PLTR)\nSource: Iljanaresvara Studio / Shutterstock.com\nPalantir (NYSE:PLTR) has soared to 52-week highs on optimism about its use of artificial intelligence (AI). However, although PLTR has utilized “machine learning,” a form of AI, for many years, I’ve seen no evidence it made a major investment in the technology before this year.\nSpecifically, in April it announced that it was developing an AI platform. Given the company’s relative lateness to the game when it comes to AI, I have doubts about how much it will benefit from the technology.\nMoreover, my previous research about the company has indicated that it did not have any major competitive advantage when it comes to AI. In light of these points, I believe that the current euphoria about the benefits that the company will realize from AI is likely overblown.\nAlso noteworthy is that, despite the fact that PLTR was launched 20 years ago, it’s barely profitable. Last quarter, for example, its net income came in at a rather paltry $17 million. And the company’s forward price-earnings ratio of 82, along with its huge trailing price-sales ratio of 19, are extremely high, making the name’s valuation quite unattractive. To me, Palantir is checking all the boxes when looking for stocks to sell.\nOn the date of publication, Larry Ramer did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\n\nLarry Ramer has conducted research and written articles on U.S. stocks for 15 years. He has been employed by The Fly and Israel’s largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been PLUG, XOM and solar stocks. You can reach him on Stocktwits at @larryramer.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2023/07/time-to-cash-in-3-more-stocks-to-sell-at-52-week-highs/.\n©2023 InvestorPlace Media, LLC\n\n\n\n\nSponsored Headlines","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":200280333365328,"gmtCreate":1689930734607,"gmtModify":1689930741281,"author":{"id":"3583044537429562","authorId":"3583044537429562","name":"Mr Mooney","avatar":"https://community-static.tradeup.com/news/6836340f20d36afa666f6d8d4b0a929d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3583044537429562","authorIdStr":"3583044537429562"},"htmlText":"Abnb price is too high....&nbsp; conside to sell and enjoy profit","listText":"Abnb price is too high....&nbsp; conside to sell and enjoy profit","text":"Abnb price is too high.... conside to sell and enjoy profit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/200280333365328","repostId":2352010090,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2352010090"}