Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Stocks to Avoid This Week

TheMotleyFool

0 0

Stocks move up and down, and I've made it a habit of kicking off each new trading week with some investments that I think will be vulnerable in the year ahead. My three stocks to avoid last week were on the move -- down 15%, up 5%, and down 20% -- averaging out to an 10% decline.

The S&P 500 declined 0.3% for the week, so I was the relative winner with my bearish calls again. This week I see Despegar (NYSE: DESP), Digital World Acquisition (NASDAQ: DWAC), and iQiyi (NASDAQ: IQ) as stocks that you may want to consider steering clear from this week. Let's go over my reasons for the near-term pessimism.

Image source: Getty Images.

Source Fool.com

Like: 0

DESP

Share