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3 Stocks to Avoid This Week


I've been picking stocks to avoid every week, identifying names that I think could be challenged in the coming days. My three stocks to avoid last week were on the move -- down 17%, down 13%, and up 6% -- averaging out to an 8% decline.

The S&P 500 rose 2% for the week, so I was the relative winner with my bearish calls again. This week I see Tesla Motors (NASDAQ: TSLA), Digital World Acquisition (NASDAQ: DWAC), and SmileDirectClub (NASDAQ: SDC) 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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