Deciding when to sell a stock can be more difficult than getting your teenage sons to put away their laundry. (Or maybe that’s just my teenage sons.)
As we’ve discussed before, there are plenty of reasons that people hold on to stocks longer than they should. But most agree--at least in theory--that when a stock’s valuation reaches nosebleed levels, it’s time to sell.
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Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.