This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Three Stocks You Should Sell Now: Intuit, KAR Auction, Southwest Airlines

NEW YORK (TheStreet) -- It's impossible to know with certainty when to take profits off the table, however, there's no reason investors need to fly by the seat of their pants or use guess work either. Professional traders use technical analysis daily to predict the likely price movement of stocks in their focus and you can too.

For many stocks, just because you believe the price may decline doesn't necessarily mean you need to or even should sell. For long-term buy and hold investors, often the best strategy to exploit a strong name in your portfolio is to write covered calls.

Covered calls allow investors to collect an upfront payment to hold their position through time decay while also reducing risk of loss from a correction. If you own any of the names listed and are already looking for the exit, now may be an ideal time to ring the register and lock in profits.

For the more active and aggressive trader, I posted a Real Money Pro trading idea to exploit the current price action.

All of the stocks listed are performing well, and some are at 52 week highs. If not, they wouldn't be considered overbought.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
INTU $92.70 0.00%
KAR $37.80 0.00%
LUV $39.94 0.00%
AAPL $112.12 0.00%
FB $93.24 0.00%


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs