UBS suggests seven stocks to sell or short

|By:, SA News Editor

UBS offers seven stocks it says investors should remove from their portfolios or even consider selling short:

Apache (APA), which still conducts lots of business in the volatile Middle East even after selling some reserves.

Deere (DE), the only name the firm rates as a Sell, due to slowing overseas orders and poor domestic agriculture pricing.

DirecTV (DTV), as it becomes harder for satellite TV providers to compete with bundled packages from cable companies and carriers.

Emerson (EMR), which looks expensive relative to peers in trading at nearly 33x earnings.

Eli Lilly (LLY), with a thin product pipeline and facing patent expirations on some of its top drugs, including Cymbalta, which accounts for nearly 25% of total revenue.

Lockheed Martin (LMT), which may be facing sales cuts to the Defense Department.

Target (TGT), which needs to step up its online sales if it wants to compete with its big-box retail rivals.