Three Stocks That Should Now Be Avoided

I'm not saying sell them short, but here are three popular stocks I sure would neither buy nor hold at this point. They've had good runs, but are looking toppy on our technical charts and on their valuations and fundamentals. Amazon AMZN is an amazing success story, one of the few dotcoms that not only survived the bursting of the dotcom bubble in 1999, when its stock lost 95% of its value, but recovered and has prospered. However, the stock is now selling at a bubbly 72 times earnings, with clouds on its horizon. Amazon has become by far the world's largest online retailer. That by itself can be a problem. With 24,000 employees and sales of $34 billion, it will become increasingly difficult to post earnings growth at the pace investors have come to expect. Continue reading the article.