Best Buy Co., Inc. (BBY), Lowe’s Companies, Inc. (LOW), Craft Brew Alliance Inc (BREW): 3 Stocks Near 52-Week Highs Worth Selling

Until we see strong signs of profitability and a meaningful reduction in debt, I think this is a company investors should avoid.

Foolish roundup

This week’s theme for all three companies is all about looking past a few decent earnings reports and seeing a history of underperformance in relation to their peers. Lowe’s Companies, Inc. (NYSE:LOW) reliance on appliance sales, a potential glut of craft beer for Craft Brew, and a dilutive share offering for Diamond Foods are all the more reason to send these three stocks to the sale rack.

I’m so confident in my three calls that I plan to make a CAPScall of underperform on each one. The question is: Would you do the same?

The article 3 Stocks Near 52-Week Highs Worth Selling originally appeared on Fool.com and is written by Sean Williams.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.The Motley Fool recommends Home Depot, Lowe’s, and Procter & Gamble.

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