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3 Stocks to Avoid This Week

TheMotleyFool

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Wall Street in general recovered in the eighth trading week of 2023. I thought my "three stocks to avoid" -- Cracker Barrel Old Country Store, LivePerson, and Frontdoor -- were going to lose to the market in the past week. However, averaging a 2.3% decline, one rose 1%, one slipped 8%, and the other was flat, respectively.

The S&P 500 moved 1.9% higher for the week. I was correct. I have been right 47 of the past 72 weeks, or 65% of the time.

Let's turn our attention to the week ahead. I see Cricut (NASDAQ: CRCT), Stitch Fix (NASDAQ: SFIX), and Baozun (NASDAQ: BZUN) 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

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