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


My winning streak is going strong on the stocks I feel could be sliding in the week ahead. My three stocks to avoid last week were on the move -- as Digital World Acquisition, Sweetgreen, and Steelcase were down, 11%, 12%, and 6%, respectively -- averaging out to a 9.7% decline.

The S&P 500 fell 1.9% for the week, so I was the relative winner with my bearish calls for the ninth week in a row. This week, I see Cintas (NASDAQ: CTAS), Beyond Meat (NASDAQ: BYND), and GameStop (NYSE: GME) as stocks that you may want to consider steering clear from. Let's go over my reasons for the near-term pessimism.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments