3 Stocks to Avoid This Week
Wall Street bounced back last week. I thought my three stocks to avoid -- , Despegar.com, and Foot Locker -- were going to lose to the market in the past week. They rose 2%, soared 14%, and plummeted 23%, respectively. The final result was an average dip of 2.3% for the week.
The S 500 moved 1.6% higher, so I was right. I've been correct in 54 of the past 83 weeks, or 65% of the time.
Let's turn our attention to the week ahead. I see Best Buy (NYSE: BBY), (NYSE: CVNA), and Big Lots (NYSE: BIG) 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
Carvana Co. Stock
Our community is currently low on Carvana Co. with 3 Buy predictions and 7 Sell predictions.
A target price of 33 € results in a potential of -64.13% which would mean heavy losses compared to the current price of 92.0 € for Carvana Co..