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3 Stocks to Avoid This Week


I took a look at three stocks to avoid last week, and I got smoked. For the second time in a row, the stocks I chose to steer clear of collectively moved higher. I needed that. I was starting to get cocky after coming out ahead in each of the nine previous weeks. Two of the stocks did move slightly lower for the week, but a 24% pop in the other did me in. The average stock to avoid gained 5.7% higher during the week, blowing past the market's 0.7% increase.

I'm at it again this week. I see Workhorse Group (NASDAQ: WKHS), Chico's FAS (NYSE: CHS), and Tesla Motors (NASDAQ: TSLA) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.

Image source: Getty Images.

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Source Fool.com

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