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3 Stocks to Avoid This Week

TheMotleyFool

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I took a look at three stocks to avoid last week, predicting that Blink Charging (NASDAQ: BLNK), Lyft, and Chuy's 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 2.3% ascent for the week, "Lyft"-ed higher by the ridesharing specialist's strong report. The S&P 500's 1.2% increase was a little more than half the blended return of the three stocks, so I missed. This week, I see Cedar Fair (NYSE: FUN), Sundial Growers (NASDAQ: SNDL), and Blink Charging 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

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