Insider Selling Flags
As I noted in The Week Ahead, there is likely to be at least a faction of investors that are calling for a pullback in the market. With all the major indices up high-single digits to very-low-double digits on a year-to-date basis, it could be argued that taking some of the froth out of the market would be a good thing.
I concur with that view. There are companies whose valuations are stretched relative to growth prospects in the coming months and it would be wise for investors to lighten up their positions or exit them entirely. I made that call on Inter Parfums (IPAR) recently and the shares are down 5% since....395 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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