As a buy and hold investor, it is anathema to me to sell a stock. I devote a great deal of due diligence before committing to an investment, and history teaches that quality companies are like Mark Twain: the reports of their deaths are greatly exaggerated.

I've witnessed supposedly moribund firms rise from the ashes. Therefore, it was with a degree of trepidation that I provided my first and only sell article in May. That piece focused on General Electric (GE), and since then the stock is a shadow image of the larger market.

By that I mean that the shares have fallen roughly 12% while the S&P rose around 12%.

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