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3 Stocks to Avoid This Week

TheMotleyFool

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My "three stocks to avoid" column sometimes catches a break with one bad stock sinking the gains elsewhere. The three names I figured were going to move lower for the week -- iRobot, Rent-A-Center, and Tupperware Brands -- finished up 3%, up 10%, and down 44%, respectively, averaging out to a 10.3% decline.

The S&P 500 declined 0.2% for the week, so the stocks I figured would move even lower actually did fare worse. I was right, and I have now been right in 20 of the past 29 weeks.

This week, I see Beyond Meat (NASDAQ: BYND), Redbox (NASDAQ: RDBX), and New Relic (NYSE: NEWR) as stocks you may want to consider steering clear of. Let's go over my near-term concerns with all three investments.

Source Fool.com

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