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


All but one of my "three stocks to avoid" column last week went according to plan, but it wasn't enough. The three stocks I thought were going to lose to the market for the week -- Coinbase (NASDAQ: COIN), H&R Block (NYSE: HRB), and WD-40 (NASDAQ: WDFC) -- finished up 23%, up 1%, and down 13%, respectively, averaging out to a 3.7% increase. 

The S&P 500 experienced a 1.9% ascent, but the the investments I figured would fare rose nearly twice as much. I was wrong. But I have still been correct in 25 of the past 38 weeks.

Where do I go to next? I see Conagra (NYSE: CAG), Coinbase (NASDAQ: COIN), and ExxonMobil (NYSE: XOM) as stocks you may want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.

Continue reading


Source Fool.com

Like: 0
CAG
Share

Comments