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3 Stocks to Avoid This Week


What a difference a week makes. I took a look at three stocks to avoid last week, predicting that ExxonMobil, Chuy's (NASDAQ: CHUY), and GameStop were going to have a challenging week. After getting burned on earlier bearish GameStop calls things finally paid off this time.

The three stocks averaged a 17.7% decline, weighed down by GameStop's fall from speculative grace. The S&P 500's 4.6% increase makes me the winner this time. I needed it. This week, I see Blink Charging (NASDAQ: BLNK), Lyft (NASDAQ: LYFT), and Chuy's as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.

Image source: Getty Images.

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Source Fool.com

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