3 Stocks to Avoid This Week
Wall Street in general took a step back for the seventh trading week of 2023. My "three stocks to avoid," which I thought were going to lose to the market in the past week -- Carvana, Tesla Motors, and Sturm, Ruger -- fell 30%, slipped 5%, and rose 3%, respectively, averaging out to a 10.7% decrease.
The S&P 500 moved 2.7% lower for the week. I was correct. I have been right in 46 of the past 71 weeks, or 65% of the time.
Let's turn our attention to the week ahead. I see Cracker Barrel Old Country Store (NASDAQ: CBRL), LivePerson (NASDAQ: LPSN), and Frontdoor (NASDAQ: FTDR) 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
