Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Stocks to Avoid This Week


I've been picking stocks to avoid every week, identifying names that I feel could be challenged in the coming days. My three stocks to avoid last week were on the move -- down 28%, down 23%, and up 5% -- averaging out to an 18.7% decline.

The S&P 500 rose 1.3% for the week, so I was the relative winner with my bearish calls. This week I see Digital World Acquisition Corp. (NASDAQ: DWAC), Activision Blizzard (NASDAQ: ATVI), and Robinhood Markets (NASDAQ: HOOD) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments