Q2 STOCKS TO BUY

25 Stocks to Dump Right Now

Intel and UnitedHealth have retreated from recent highs

Feb 6, 2018 at 3:08 PM
facebook X logo linkedin


It's been a bloodbath on Wall Street in recent sessions, with the Dow fresh off its worst one-day point loss ever and the S&P 500 Index (SPX) notching its first back-to-back drops of 1% or more since early 2015. And while history suggests quick bounces for both indexes -- and says this pair of Apple suppliers are two of the best stocks to own after a sell-off -- there are several names that may not be ideal for a "buy the dip" trade, including Dow stocks Intel Corporation (NASDAQ:INTC) and UnitedHealth Group Inc (NYSE:UNH).

worst spx stocks after a selloff

Looking back to 1986, Intel stock has been higher just 42% of the time one month out following the last 19 big S&P pullbacks, averaging a loss of 1.8%. Since hitting a 17-year high of $50.85 on Jan. 29, INTC shares have sunk 14% to trade at $43.69 -- erasing Monday's Apple-related intraday gains -- breaching recent support atop their 80-day moving average.

Dow stock UnitedHealth gapped lower last week on news of a high-profile healthcare partnership between Amazon (AMZN), Berkshire Hathaway (BRK.A), and JPMorgan Chase (JPM). UNH shares have now shed 12.5% since their Jan. 29 record high of $250.79, and more losses could be on the horizon. After the last 19 massive SPX drops, UNH stock has been lower 58% of the time one month later, averaging a loss of 2%. This would put the shares below long-term support at the 120-day trendline.

 
 

“Buy This Stock Now!” - Expert Who Called 11x On TSLA

He called a rare 11x on Tesla…

But now, thanks to Elon & Trump’s new alliance…

He says there’s a new opportunity that could be 1,000x BIGGER than Tesla – and it could completely revolutionize a $23 Trillion market.

It’s trading for less than $5 per share right now…

But it won’t be under the radar for long.

Discover The 1,000x Bigger Elon Opportunity Here

GRAND SLAM COUNTDOWN

 
 

Featured Articles from Trusted Partners:

👀Learn How Dividends Create Passive Income for Life
Receive $200 Off Motley Fool Epic. The Motley Fool Epic $299 discounted offer is based on $499/year list price. Introductory promotion for new members only. Take control of your money and your portfolio with Motley Fool Epic.

💵New Income System Could Pay You $4,243 Monthly
You could collect an average of $4,243 per month starting as early as next week with a new payout system for income investors. New registrations are being accepted for investors who want to be in a position to start with their first payout next week.

🚀Easy 92% Crypto Dividends (No Coins Required)
COIN stock doesn't pay a dividend... But there's actually a new way to collect a massive dividend that's indirectly based on the stock and offers a terrific monthly income (currently yielding nearly 92% on a forward basis).

🤝Free Advisor Match with Wiseradvisor.com
Don't leave your retirement to chance! Get matched with a trusted financial expert for FREE and make the most of your tax refund. Get started now.

⚠️Dennis Quaid's #1 Warning for Americans
Here's the thing: life doesn't come with guarantees. The economy shifts, markets stumble, and years of hard work could slip through your fingers like sand. But it doesn't have to be that way for you. So request a free copy of this Gold & Silver Guide that will arrive right to your doorstep when you act now.

 

 
 

Follow us on X, Follow us on Twitter