3 Stocks to Avoid This Week
Wall Street bounced back last week. I thought my three stocks to avoid for that week -- RH, Cal-Maine, and -- were going to lose to the market. They fell 6%, 5%, and 10%, respectively, for an average decline of 7% for the week.
The S 500 moved 0.5% higher, so I was right. I have been correct in 64 of the past 102 weeks, or 63% of the time.
Let's turn our attention to the current week. I see Walgreens Boots Alliance (NASDAQ: WBA), Equinix (NASDAQ: EQIX), 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
With 7 Sell predictions and only 2 Buy predictions the community sentiment for Carvana Co. is rather negative.
The target price of 37 € compared with the current price of 78.81 € for the stock indicates a negative potential of -53.05%.