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3 Stocks to Avoid This Week

TheMotleyFool

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I've been picking stocks to avoid every week, and I fared pretty well last time. My three stocks to avoid last week were on the move -- up 3%, down 16%, and flat -- averaging out to a 3.3% decrease.

The S&P 500 rose 0.8% for the week, a relative victory for me and my bearish calls. I have come out ahead in 12 of the past 16 weeks. Let's see if I can keep going. This week I see Fastenal (NASDAQ: FAST), Renren (NYSE: RENN), and Robinhood Markets (NASDAQ: HOOD) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.

Image source: Getty Images.

Source Fool.com

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