3 Stocks to Avoid This Week
My "three stocks to avoid" column hit a couple of speed bumps in recent weeks, after rolling earlier this year. Would I get back on track? The three names I figured were going to move lower for the week -- MicroStrategy, Hooker Furnishings, and Blink Charging -- finished down 1%, up 1%, and down 4%, respectively, averaging out to a 1.3% decline.
The S&P 500 declined 2.1% for the week, so while I may have been correct about the stocks to avoid, the market fared worse; I lost. I've won in 18 of the past 26 weeks, but my recent skid continues.
This week, I see Tesla (NASDAQ: TSLA), Sleep Number (NASDAQ: SNBR), and Lucid Group (NASDAQ: LCID) as stocks you may want to consider steering clear of. Let's go over my near-term concerns.
Source Fool.com
