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

My winning streak of singling out stocks that I think will drop in the week ahead is still going strong. My three stocks to avoid last week were on the move -- as Cintas, Beyond Meat, and GameStop were down 1%, 2%, and 2%, respectively -- averaging out to a 1.7% decline.

The S&P 500 rose 2.3% for the week, so I was the relative winner with my bearish calls for the tenth week in a row. This week, I see AMC Entertainment (NYSE: AMC), GameStop (NYSE: GME) and Robinhood Markets (NASDAQ: HOOD) 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

Like: 0

AMC

Share