I've been picking stocks to avoid every week, identifying names that I feel could be challenged in the coming days. My three stocks to avoid last week were on the move -- down 28%, down 23%, and up 5% -- averaging out to an 18.7% decline.
The S&P 500 rose 1.3% for the week, so I was the relative winner with my bearish calls. This week I see Digital World Acquisition Corp. (NASDAQ: DWAC), Activision Blizzard (NASDAQ: ATVI), and Robinhood Markets (NASDAQ: HOOD) 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