3 Best Nasdaq Darlings, 3 Duds to Sell

Symantec (SYMC): Volatility With Little Upside Potential

My final stock dud for you is Symantec (SYMC). This company is best known for its Norton line of
computer protection software. One of the dangers in owning shares of Symantec is that the stock is incredibly volatile.

It’s not unusual to see shares of SYMC vault up or down 10% to 20% in a given month. I’m not against volatility, but a stock has to be extra strong
to deserve a passing mark from me, and Symantec doesn’t get it.

The company just reported 34 cents per share, which was a penny below expectations. As a result, the stock plunged 14% in one day. In this environment,
only the strong survive. Expect to see a wave of downward revisions on Wall Street.

Symantec is another strong sell. I rate the stock an F.

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