3 Stocks to Avoid This Week
Wall Street took a small step back last week. The "three stocks to avoid" in my column that I thought were going to lose to the market in the past week -- BlackBerry, Steelcase, and Blink Charging -- plunged 19%, rose 8%, and slipped 13%, respectively, averaging out to an 8% decline.
The S&P 500 fell again lastweek, but it only budged 0.2% lower. I was right for the third week in a row. I have been correct in 40 of the past 62 weeks, or 65% of the time.
Let's turn our attention to the week ahead. I see Vipshop Holdings (NYSE: VIPS), Occidental Petroleum (NYSE: OXY), and Steelcase (NYSE: SCS) 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
