3 Stocks to Avoid This Week
Every weekend over the past few months I've been trying to single out three stocks that will lose to the market in the week ahead. My three stocks to avoid last week were all over the place -- declining 7%, climbing 3%, and rising 4% -- averaging out to a goose egg as the loser's 7% decline was exactly offset by the smaller gains on the other two picks.
The S&P 500 took a 0.6% hit for the week, so I lost for what is just the third time over the past 13 weeks. Can I get back on track? This week I see Oatly (NASDAQ: OTLY), Stitch Fix (NASDAQ: SFIX), and American Airlines Group (NASDAQ: AAL) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.
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Source Fool.com