3 Stocks to Avoid This Week
Things didn't work out for my "three stocks to avoid" column last week. The three stocks I thought were going to lose to the market for the week -- Wayfair, TrueCar, and Tesla Motors -- rose 16%, climbed 2%, and fell 3%, respectively, averaging out to a 5% increase.
The S&P 500 experienced a 0.4% move higher. I was wrong, as the average return of the three of the investments I figured would fare worse beat the market. I have still been right in 27 of the past 42 weeks.
Where do I go to next? I see AMTD Digital (NYSE: HKD), Roblox (NYSE: RBLX), and Coinbase (NASDAQ: COIN) 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
