Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Stocks to Avoid This Week

TheMotleyFool

0 0

I took a look at three stocks to avoid last week, and I was totally off the mark. For the first time since I started this weekly column in early June, the average return of the three stocks I picked ended up beating the market. It wasn't even close. All three stocks moved higher, clocking in with an average gain of 9%. The S&P 500 edged less than 1% higher.

Now that I've been humbled after killing it for nine weeks in a row, let's see if I can get my bearish sixth sense back on track. I see Despegar.com (NYSE: DESP), SeaWorld Entertainment (NYSE: SEAS), and Tesla Motors (NASDAQ: TSLA) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.

Image source: Getty Images.

Source Fool.com

Like: 0

TSLA

Share