Seven stocks you might want to avoid

If you don’t want to own stocks that an expert in selling stocks short is shorting, here are seven stocks you don’t want to own.

Doug Kass of Seabreeze Partners Management, a hedge fund, told Barron’s he’s shorting these stocks (links are to profiles by Reuters):

1. Colgate-Palmolive (CL).

2. Kellogg (K).

3. General Mills (GIS).

4. Danaher (DHR).

5. Henry Schein (HSIC).

6. Patterson Cos. (PDCO).

7. Fastenal (FAST).

Daily charts for the seven stocks are here. Click on a chart to seek weekly and point and figure charts, which are here.

As explained here, Kass thinks companies that make products for consumers are facing tough markets because consumers are not in a buying mood. Several retailers turned in disappointing earnings reports today, showing that the consumers are being more cautious about their spending.

I think Kass is on to something.

Definitely do your own research before you decide to do anything with these stocks.

Full disclosure: I don’t own any of these stocks.

For educational purposes only. Investigate stocks on Reuters.com, Yahoo.com and Google.com. Also, search the web for information. And read your local papers, which cover companies based in your state and area as well as anyone. That gives local investors an edge, if they know what to look for.

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