6 Financial Stocks to Sell


According to Ivan Marchtev of InvestorPlace.com, "While the financial sector made its relative high in outperformance against the S&P 500 in the fall of 2009, things have gotten much worse on a relative basis since then. I can't recommend owning a single large western financial stock in a long-term portfolio based on the realization that piling on more debt on top of an unsustainable debt burden at the consumer and government level will only cause more losses in the future. ... As for the major U.S. bank stocks, I recommend that you sell the rally." Read more here.

>>Also: 10 Small Bank Stocks for Growth

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