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3 Stocks to Avoid This Week


In last week's article on three stocks to avoid, I predicted that AMC Entertainment Holdings (NYSE: AMC), Eventbrite (NYSE: EB), and GameStop (NYSE: GME) would have a rough few days.

The three stocks averaged a 5.7% decline for the week. The S&P 500 rose 0.9%, so I was right for the sixth time in the past seven weeks. Right now, I see Fossil (NASDAQ: FOSL), Cricut (NASDAQ: CRCT), and GameStop 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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