Two leading investment experts say that now is the time to sell these three S&P/ASX 200 Index (ASX: XJO) stocks.
One of the companies is a fast food operator, the second is an Aussie rare earths miner, and the third is an Australian retail conglomerate.
Here's why shares in these three companies could be in for a rough patch in the months ahead (courtesy of The Bull).
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Two ASX 200 stocks still awaiting a confirmed turnaround
The first company tipped as a sell is Super Retail Group Ltd (ASX: SUL).
Super Retail shares have gained 9% over the past 12 months. Atop those capital gains, the ASX 200 stock also trades on a 5.9% fully franked trailing dividend yield.
But looking ahead, MPC Markets' Mark Gardner sees headwinds building.
"The retail giant's brands include Supercheap Auto, Macpac, Rebel and BCF," said Gardner, who has a sell recommendation on Super Retail shares.
"In our view, Super Retail's profit outlook is modest, with few signs of accelerating growth amid challenging consumer trends," he noted.
Gardner gave a nod to the passive income on offer from Super Retail shares. But he believes there are better opportunities on the ASX for passive income investors.
"The dividend yield is a bright spot, but overall, retail exposure is better gained through JB Hi Fi Ltd (ASX: JBH) or Wesfarmers Ltd (ASX: WES), which we believe offer stronger brands, wider margins and better scale advantages," he said.
Gardner concluded, "Downside risk outweighs the upside without a near-term turnaround."
Gardner also issued a sell recommendation on Collins Foods Ltd (ASX: CKF).
Collins Food shares have surged 34% over the past 12 months. Atop those gains, the ASX 200 stock trades on a fully franked 2.3% trailing dividend yield.
"The company operates hundreds of KFC outlets in Australia and Europe. The company announced in April 2025 that it was exiting the underperforming Taco Bell business," Gardner said.
And he noted that statutory profits have come under heavy pressure.
"Revenue growth in Australia in full year 2025 was partially offset by softness in Europe. Statutory net profit after tax of $8.8 million was down 88.5%," he said.
Gardner concluded, "In our view, fast food peer Guzman Y Gomez (ASX: GYG) presents as a stronger brand with superior momentum. We recommend switching to category leaders while CKF's story remains in transition."
Which brings us to…
Calling time on Lynas shares
Ord Minnett's Tony Paterno recommends cashing in gains on Lynas Rare Earths Ltd (ASX: LYC).
Lynas shares have soared 110% since this time last year, though they remain well down from the multi-year highs notched on 15 October.
"Lynas is the only significant producer of separated rare earths materials outside of China," said Paterno, who has a sell recommendation on the ASX 200 stock.
He noted:
Gross sales revenue of $200.2 million in the first quarter of fiscal year 2026 was up on the prior quarter and the prior corresponding period but missed consensus. The shares have fallen from $21.64 on October 15 to trade at $15.51 on November 19.
Paterno concluded, "In our view, the shares remain overvalued, so investors may want to consider cashing in some gains."
