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3 Stocks to Avoid This Week

TheMotleyFool

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3 Stocks to Avoid This WeekPhoto, wide shot, wide-angle lens, Telecom equipment supplier, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/3967c11c-b755-4d39-87d0-acc853384c80.png

In last week's article on three stocks to avoid, I predicted that American Software (NASDAQ: AMSWA), Carnival (NYSE: CCL), and Robinhood Markets (NASDAQ: HOOD) would have a rough few days.

The three stocks averaged a 9.7% increase for the week, as the S&P 500 climbed by just 1.5%. This is only the second time in the past 10 weeks that my stock picks all beat the market, and this time I was blown out. So let's try again: I see Chewy (NYSE: CHWY), Carnival, and Robinhood Markets as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.

Image source: Getty Images.

Source Fool.com

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