3 Stocks to Avoid This Week

Wall Street has now moved higher for eight consecutive weeks, but not every stock is playing along. I thought my three stocks to avoid for last week -- , CarMax, and Lennar -- were going to lose to the market. They rose 11%, climbed 2%, and fell 1%, respectively, for an average gain of 4% for the week.

The S 500 moved 0.8% higher, so I fell short. Thanks a lot, Steelcase. I have still been right in 70 of the past 113 weeks, or 62% of the time.

Let's turn our attention to the new week. I see Alibaba Group (NYSE: BABA), (NYSE: SCS), and JD.com (NASDAQ: JD) 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