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WSJ's Zuckerman On End of Year Stock Sell-Offs

Thursday, 7 Dec 2006 | 2:11 PM ET

At the end of the year, portfolio managers sell stocks to make sure their annual returns look good. Share prices can suffer as a result. Bill Griffeth spoke with Greg Zuckerman of The Wall Street Journalabout which stocks are ripe for profit taking. He says there’s a profile of the stocks most likely to take a hit.

Watch for companies with a market value above $300 million. Also, these stocks should have PE multiples of more than 15 for the next 12 months and EPS growth below 15% for the next year as well. There should be no insider buying and check for rising short sales both over the past year – and this past month.

Three stocks worthy of mention: Broadcom, Hillenbrand Industries and UGI.

Stock Screener: Profit Hazards
A look at stocks that are performing well and may be ripe for selling by portfolio managers who want their annual returns to look better, with Gregory Zuckerman, Wall Street Journal Reporter, and CNBC's Bill Griffeth.


  Price   Change %Change
BRCM
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UGI
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