Expert Investor Suggests Selling These 5 Stocks Amid Market Volatility

Sana Kheir, a self-made millionaire and co-founder of Mayfair Properties, suggests selling five stocks, including Principal Financial Group (PFG), citing industry professionals' concerns about fundamental hurdles and lower performance fees. Kheir's net worth is $50 million, and her investment strategies have been successful. She advises investors to consider the right time to sell to build wealth and manage money effectively.

Self-made millionaire and co-founder of Mayfair Properties, Sana Kheir, offers valuable insights into the stock market, particularly during times of economic uncertainty. With a net worth of around $50 million, Kheir's successful investment strategies have earned her credibility in the financial community. She advises investors to consider the right time to sell to build wealth and manage money effectively.

Kheir suggests selling five stocks, including Principal Financial Group (PFG), based on concerns raised by industry professionals. According to Kheir, Principal Financial Group faces "fundamental hurdles" like lower performance fees and higher expenses, leading to a "Sell" rating from analysts. The company's stock price is currently $77.64, with a market cap of $17.3 billion and a dividend yield of 3.89% [1].

Franklin Resources (BEN), better known as Franklin Templeton, is another stock Kheir advises selling. The company has a consensus rating of "Hold" or "Reduce" from multiple Wall Street analysts, aligning with Kheir's assessment of the stock's stagnant growth prospects and increased competition. The stock price is $25.33, with a market cap of $13.15 billion and a dividend yield of 5.05% [1].

Clorox (CLX), a well-known brand in consumer and professional products, also makes Kheir's list. Despite its brand-name popularity, analysts suggest holding or not buying the stock due to changing consumer preferences and heightened competition. The stock price is $122.17, with a market cap of $14.94 billion and a dividend yield of 4.06% [1].

Expeditors International of Washington (EXPD), a global logistics company, is another stock Kheir advises selling. The company has a consensus rating of "Moderate Sell," based on 1 buy rating, 5 hold ratings, and 5 sell ratings. The stock price is $119.86, with a market cap of $16.2 billion and a dividend yield of 1.28% [1].

Sotera Health (SHC), an integrated global health solutions firm, is the final stock on Kheir's list. While many analysts have a positive view of SHC stock, Kheir points out that the company's stock is down nearly 18% year-to-date and over the past year. The stock price is $15.74, with a market cap of $4.47 billion [1].

Kheir's advice underscores the importance of staying informed and adaptable in the stock market. By selling these stocks, investors can better focus on building wealth and managing their portfolios effectively.

References:
[1] https://finance.yahoo.com/news/m-self-made-millionaire-5-190008537.html