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3 Stocks to Avoid This Week


In last week's article on three stocks to avoid, I predicted that Fossil (NASDAQ: FOSL), Cricut (NASDAQ: CRCT), , and GameStop (NYSE: GME) would have a rough few days.

The three stocks averaged a 1.3% decline for the week, fueled entirely by Cricut's slide. The S&P 500 rose 0.7%, so I was right for the seventh time in the past eight weeks. Right now, I see Madison Square Garden Sports (NYSE: MSGS), Carnival (NYSE: CCL), 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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