3 Stocks to Avoid This Week
Wall Street took a small step back last week. My "three stocks to avoid," which I thought were going to lose to the market in the past week -- Vipshop Holdings, Occidental Petroleum, and Steelcase -- rose 1.2%, fell 1.5%, and climbed 0.9%, respectively, averaging out to a 0.2% increase.
The S&P 500 had another small dip last week, moving 0.1% lower. It was close, but I was wrong after three weeks of coming out on top. I have still been correct in 40 of the past 63 weeks, or 64% of the time.
Let's turn our attention to the week ahead. I see Altria (NYSE: MO), Occidental Petroleum (NYSE: OXY), and ExxonMobil (NYSE: XOM) 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
