Harris Looks Ripe for Profit-Taking

We continue to like the U.S. stock market here, even at its recent highs, and we believe equities will move higher over the next six and 12 months. As always, though, we believe it makes sense to review a portfolio's current holdings. If a stock has reached its target price, or if it has moved significantly higher while its outlook hasn't materially improved, investors should consider taking full or partial profits and redeploying the funds into more compelling opportunities.

One such example is Harris (HRS), a communication-equipment maker based in Melbourne, Fla. We have recommended the stock a number of times over the past year, and we continue to like the company, but we believe it makes sense to take profits in the stock now....475 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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