3 Stocks to Avoid This Week
Wall Street took another step back last week. I thought my three stocks to avoid for that week -- Opendoor Technologies (NASDAQ: OPEN), Nike (NYSE: NKE), and Carvana (NYSE: CVNA) -- were going to lose to the market. They rose 3%, climbed 5%, and were flat, respectively, for an average gain of 2.7% for the week.
The S 500 moved 0.7% lower, so I was wrong. I've still been right in 63 of the past 101 weeks, or 62% of the time.
Let's turn our attention to the current week. I see RH (NYSE: RH), Cal-Maine (NASDAQ: CALM), and Carvana (NYSE: CVNA) 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
€53.29
-9.890%
The stock is an absolute favorite of our community with 59 Buy predictions and no Sell predictions.
With a target price of 402 € there is potential for a 654.36% increase which would mean more than doubling the current price of 53.29 € for Carvana Co..
