3 Stocks to Avoid This Week
Wall Street kicked off the second quarter by essentially marching in place. I thought my "three stocks to avoid" -- Alibaba, WD-40, and Frontier Communications -- were going to lose to the market in the past week. They rose 0.5% and 0.3% and dipped 3.2%, respectively. The final result was an average decline of 0.8% for the week.
The S&P 500 slipped 0.1% lower. I was correct, and I have been right 50 of the past 77 weeks, or 65% of the time.
Let's turn our attention to the week ahead. I see CarMax (NYSE: KMX), WD-40 (NASDAQ: WDFC), and Tesla Motors (NASDAQ: TSLA) 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
