3 Stocks to Avoid This Week
It goes without saying that last week was pretty brutal for most growth investors. The only problem with my weekly article -- where I single out stocks to avoid -- was that I limit myself to three investments. My three stocks to avoid last week were on the move -- down 23%, down 6%, and down 9% -- averaging out to an 12.7% decline.
The S&P 500 slipped 1.2% for the week, so I was the relative winner with my bearish calls for the seventh week in a row. This week I see GameStop (NYSE: GME), Stitch Fix (NASDAQ: SFIX), and Marathon Digital Holdings (NASDAQ: MARA) as stocks that you may want to consider steering clear from this week. Let's go over my reasons for the near-term pessimism.
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Source Fool.com
