I took a look at three stocks to avoid last week, and that basket of short-term calls went fairly well. The three stocks declined by an average of 11%, as a modest 4% gain in one of the three calls was more than offset by declines of 16% and 21%, respectively, with the other two investments. The overall market dipped a little less than 3% for the week.
Let's try this again. I see AMC Entertainment (NYSE: AMC), Nikola (NASDAQ: NKLA), and Macy's (NYSE: M) as vulnerable investments in the near term. Let's see why I think these are three stocks to avoid this week.
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Source Fool.com