Tech Stocks to Sell Now

June 3, 2009

RIMM Climbed Too Far Too Fast

The final stock to sell is Research In Motion (RIMM). Blackberries have become a national addiction. I always feel sad whenever a friend of mine gets one, because I'm afraid I'll never see them again. (I know. I'll get emails.)

The good news for RIMM is that the shares have had an amazing run in the last three months. The stock has nearly tripled! But I'm now concerned that it has climbed too high too quickly.

The last earnings report in April was very good, but I think the expectations might be too high for the next earnings report. If you own RIMM, this is an excellent time to take some profits.

I'm not predicting that any of these three stocks will head towards bankruptcy like GM. In fact, I expect to recommend at least one of these companies within the next year. But for now, you should sell Cisco, Dell and Research In Motion as soon as possible.

More from Louis Navellier:

5 Best Stocks to Buy Now

Chinese Stocks Like Longtop Financial Are Set to Soar

5 Biotech Stocks to Buy Now

Don't Track the Market-Beat It! There are still challenges ahead for the American economy in 2009. We may see the market move sideways for a while before a true bull market emerges. But don't think for a minute that your financial future is tied to what the Dow Jones or the S&P does. By following a disciplined strategy and seeking out strong and growing stocks, you can limit your risk and deliver big profits- in any market. Learn more in the FREE special report, Top 5 Stocks to Own Now!