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3 Stocks to Avoid This Week

TheMotleyFool

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I've had a pretty good run the past two months with calling out stocks that are susceptible to sliding in the week ahead. My three stocks to avoid last week were on the move -- as GameStop, Stitch Fix, and Marathon Digital Holdings were all down, 8%, 18%, and 3%, respectively -- averaging out to a 9.7% decline.

The S&P 500 soared 3.8% for the week, so I was the relative winner with my bearish calls for the eighth week in a row. This week, I see Digital World Acquisition (NASDAQ: DWAC), Sweetgreen (NYSE: SG), and Steelcase (NYSE: SCS) as stocks that you may want to consider steering clear from. Let's go over my reasons for the near-term pessimism.

Image source: Getty Images.

Source Fool.com

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