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3 Stocks to Avoid This Week


Wall Street had a strong surge last week, and that certainly applied to many of the more speculative names out there. I thought my three stocks to avoid -- , MicroStrategy, and ChargePoint Holdings -- were going to lose to the market in the past week. They soared 33%, 4%, and 6%, respectively. The final result was an average gain of 14% for the week.

The S 500 inched 2.6% higher, so I was wrong. I was really wrong. I've still been right in 55 of the past 87 weeks, or 63% of the time.

Let's turn our attention to the week ahead. I see CarMax (NYSE: KMX), (NYSE: CVNA), and ChargePoint Holdings (NYSE: CHPT) as stocks you might want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.

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Source Fool.com

Carvana Co. Stock

€59.73
3.970%
Carvana Co. dominated the market today, gaining €2.28 (3.970%).
With 57 Buy predictions and not a single Sell prediction Carvana Co. is an absolute favorite of our community.
Based on the current price of 59.73 € the target price of 398 € shows a potential of 566.33% for Carvana Co. which would more than double the current price.
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