3 Stocks to Avoid This Week
It didn't take long for the fourth quarter to start buckling. Stocks generally moved lower last week. The "three stocks to avoid" in my column last week that I thought were going to lose to the market -- Walgreens Boots Alliance (NASDAQ: WBA), Blue Apron (NYSE: APRN), and Gold Fields (NYSE: GFI) -- rose 9%, fell 16%, and dropped 11%, respectively, averaging out to a 6% slide.
The S&P 500 experienced a 1.6% move lower. I was correct. I have been right in 33 of the past 52 weeks, or 63% of the time.
Now let's look at the week ahead. I see Snap (NYSE: SNAP), Freeport-McMoran (NYSE: FCX), and, again, Walgreens Boots Alliance as stocks you might want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.
Source Fool.com
