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3 Stocks to Avoid This Week

TheMotleyFool

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My "three stocks to avoid" column last week was a mixed bag. The three stocks I thought were going to move lower for the week -- GameStop, ChargePoint, and Conn's -- finished down 3%, up 8%, and down 17%, respectively, averaging out to a 4% decline.

The S&P 500 experienced a 1.2% slide, and the investments I figured would fare worse did lose to the market. I was right. I have been correct in 23 of the past 33 weeks.

I see Hooker Furnishings (NASDAQ: HOFT), Stitch Fix (NASDAQ: SFIX), and ChargePoint (NYSE: CHPT) as stocks you may want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.

Source Fool.com

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