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3 Stocks to Avoid This Week


In my three stocks to avoid article last week, I predicted that Wendy's (NASDAQ: WEN), Celsius Holdings (NASDAQ: CELH), and Grayscale Digital Large Cap Fund (OTC: GDLC) would have a rough few days.

Those three stocks averaged a 1% gain for the week, with the biggest gainer and bigger sinker canceling each other out. The S&P 500 declined by 1.4% for the week, so I was wrong. Let's see if I can get back on track. Right now, I see Despegar.com (NYSE: DESP), Riot Blockchain (NASDAQ: RIOT), and Grayscale Digital Large Cap Fund 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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