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


  • Showtimes

    United States
    Monday - Friday 1:00P ET
    Monday - Friday 18:00 CET
    Asia Pacific
    Tuesday - Saturday 01:00 SIN/HK
    Tuesday - Saturday 03:00 AEST
  • Sue Herera is a founding member of CNBC, helping to launch the network in 1989. She is co-anchor of "Power Lunch."

  • Tyler Mathisen co-anchors CNBC's "Power Lunch." Mathisen also co-anchors "Nightly Business Report produced by CNBC."

Power Pitch

Kenny Polcari