Kiplinger

The Pros Say No: 7 Large-Cap Stocks to Sell or Avoid

Volatile markets can sometimes drive investors into the assumed safety of large-cap stocks. But a warning: Not every big company can help you weather the storm.

September is a notoriously difficult month for the stock market. That's without considering the current risks related to the ongoing U.S.-China trade war, or flashing recession signals, or other economic hurdles popping up around the globe.

"The global macroeconomic picture continues to show fragility," writes Northern Trust Wealth Management CIO Katie Nixon. "We expect overall growth to trend lower under the weight of growing trade uncertainty."

While investors might find shelter in big, blue-chip companies, you must be able to tell the difference between high-quality large caps and simply high-market-value large caps. The pros are here to help.

Here are seven large-cap stocks to sell or avoid, according to Wall Street analysts. TipRanks, which collects ratings from roughly 15,000 Wall Street analysts, has honed in on a list of companies that are well-known but not particularly well-loved right now. We'll look into just how bearish sentiment is, and why the experts say you should avoid some of them, and boot the rest if you own them.

General Electric

Getty Images

Market value: $76.9 billion

TipRanks consensus price target: $9.81 (11% upside potential)

TipRanks consensus rating: Hold

Embattled multinational General Electric (, $8.81) looked like it was finally stabilizing for most of this year. However, a recent report alleging accounting fraud "bigger than Enron" - a controversial one that some

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger5 min read
4 Steps for Managing Income Withdrawals in Retirement
If you’re like most Americans nearing retirement, you’re worried about whether you have enough savings. In fact, only 22% of those approaching retirement believe they’ve saved enough to retire comfortably. At a time when the stock market is down, inf
Kiplinger3 min read
Calling All Teachers: You Can Deduct More for School Supplies for 2022
The school year has begun, and teachers are dealing with the normal pressures of managing students and classrooms. But lately, there is additional stress for educators, ranging from teacher shortages to possible teacher strikes. And to top it off, in
Kiplinger5 min read
As the Market Falls, New Retirees Need a Plan
Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down. These days, however, most portfolios have lost value; the

Related Books & Audiobooks