Portfolio Killers: 8 Zombie Stocks to Avoid

Zombie Stock #4: Fannie Mae (FNM)/Freddie Mac (FRE)

I lump these zombies – our first zombies – together because everyone else does.

You and I are now the proud owner of these lifeless monsters, which have hundreds of billions of dollars in obligations on mortgages
of declining quality.

What’s more, for political reasons, their future will not be resolved for several years.

True shareholder value: zero

NEXT: Zombie Stock #5 – JPMorgan Chase