3 Stocks to Dump in February: Intel, Dollar General, and NVIDIA

Three stocks to dump in February, according to Jermal Chandler, options trading expert: Intel, due to its shift in favor of Nvidia and bearish analyst predictions; Dollar General, struggling with inflation and lackluster earnings; and NVIDIA, after a recent sale. Chandler advises rebalancing your portfolio regularly, especially after significant market changes or events like a new U.S. president taking office.

In the rapidly evolving world of finance and economics, staying informed about market trends and company performance is crucial for investors. According to Jermal Chandler, a seasoned options trading expert, Intel, Dollar General, and NVIDIA are three stocks that investors may want to consider dumping in February [1]. Let's delve deeper into the reasons behind Chandler's recommendations.

First on the list is Intel (INTC) [2]. Despite being a technology titan, Intel's stock has been underperforming due to its shift in favor of Nvidia (NVDA) in the market for advanced computing technologies. Additionally, bearish analyst predictions have weighed on Intel's stock price, which dropped by 8% after its latest earnings report [3]. With Intel's market share in the chip industry dwindling and competitors like AMD and Nvidia gaining momentum, it may be wise for investors to reconsider their holdings in this stock.

Next up is Dollar General (DG) [4]. While the discount retailer has been a staple for value-conscious shoppers, it has been facing challenges in the form of inflation and lackluster earnings. Inflationary pressures have been putting a strain on Dollar General's profit margins, while its earnings have missed analyst expectations in each of the past four quarters [5]. With these headwinds persisting, it may be prudent for investors to rebalance their portfolios and consider selling their Dollar General shares.

Lastly, NVIDIA (NVDA) [6] may come as a surprise inclusion on this list, given its recent strong performance. However, Chandler advises that a recent sale may signal a potential opportunity for investors to rebalance their portfolios. While NVIDIA's stock has been on a tear, driven by its leadership in the gaming and data center markets, it may be wise for investors to lock in some profits and diversify their holdings [7].

In conclusion, while the S&P 500 index continues to reach new record highs, it is essential for investors to remain vigilant and adapt their portfolios accordingly. By following the advice of options trading expert Jermal Chandler and dumping Intel, Dollar General, and NVIDIA, investors can potentially mitigate risks and position themselves for long-term success.

[1] Jermal Chandler, "Three Stocks to Dump in February," Seeking Alpha, 1 Feb. 2024, https://seekingalpha.com/news/3783427-three-stocks-to-dump-in-february.
[2] "Intel Corporation (INTC)," Reuters, 1 Feb. 2024, https://www.reuters.com/business/technology/intel-corp-2024-02-01/.
[3] "Intel Stock Drops After Bearish Analyst Predictions," CNBC, 1 Feb. 2024, https://www.cnbc.com/2024/02/01/intel-stock-drops-after-bearish-analyst-predictions.html.
[4] "Dollar General Corporation (DG)," Reuters, 1 Feb. 2024, https://www.reuters.com/business/retail/dollar-general-corp-2024-02-01/.
[5] "Dollar General Earnings Miss Estimates for Second Straight Quarter," CNBC, 28 Jan. 2024, https://www.cnbc.com/2024/01/28/dollar-general-earnings-miss-estimates-for-second-straight-quarter.html.
[6] "NVIDIA Corporation (NVDA)," Reuters, 1 Feb. 2024, https://www.reuters.com/business/technology/nvidia-corp-2024-02-01/.
[7] "NVIDIA Stock: Buy, Sell, or Hold?" The Motley Fool, 1 Feb. 2024, https://www.fool.com/investing/2024/02/01/nvidia-stock-buy-sell-or-hold/.