3 Stocks to Avoid This Week
It was a bad week for investors. The "three stocks to avoid" in my column last week that I thought were going to lose to the market -- Stitch Fix, Lennar, and Coinbase Gloal (NASDAQ: COIN) -- fell 11%, rose 2%, and sank 16%, respectively, averaging out to a 8.3% decline.
The S&P 500 experienced a relatively kinder 4.6% move lower, so I was correct. I have been right in 31 of the past 49 weeks, or 63% of the time.
Now let's look at the week ahead. I see Cracker Barrel Old Country Store (NASDAQ: CBRL), Rite Aid (NYSE: RAD), and Lennar (NYSE: LEN) as stocks you might want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.
Source Fool.com
