3 Stocks to Avoid This Week

Wall Street kept moving higher last week. I thought my three stocks to avoid for that week -- Analog Devices, Nvidia, and Unity Software -- were going to lose to the market. They were flat, fell 3%, and dropped 1%, respectively, for an average decline of 1.3% for the week.

The S 500 rose 1% higher, so I was right. I have been correct in 69 of the past 109 weeks, or 63% of the time.

Let's turn our attention to the new week. I see Warner Bros. Discovery (NASDAQ: WBD), Ambarella (NASDAQ: AMBA), 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