3 Stocks to Avoid This Week
It was a rough week to be the long the market, so let's see how my "three stocks to avoid" column fared last week. The three stocks I thought were going to lose to the market for the week -- Baozun (NASDAQ: BZUN), La-Z-Boy (NYSE: LZB), and Bed Bath & Beyond (NASDAQ: BBBY) -- rose 1%, fell 8%, and sank 3%, respectively, averaging out to a 3.3% decline.
The S&P 500 experienced a 4% move lower. It was close, but I was wrong. I have still been right in 29 of the past 45 weeks.
Now let's look at the week ahead. I see Tesla Motors (NASDAQ: TSLA), Kirkland's (NASDAQ: KIRK), and Vera Bradley (NASDAQ: VRA) 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
