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3 Stocks to Avoid This Week


I ended 2021 on a hot streak with my weekly column where I single out stocks to avoid in the week ahead. My three stocks to avoid last week were on the move -- as AMC Entertainment (NYSE: AMC), GameStop (NYSE: GME) and Robinhood Markets (NASDAQ: HOOD) were down 2%, 5%, and 6%, respectively -- averaging out to a 4.3% decline.

The S&P 500 rose 0.9% for the week, so I was the relative winner with my bearish calls for the eleventh week in a row. This week, I see Constellation Brands (NYSE: STZ), GameStop (NYSE: GME), and SeaWorld Entertainment (NYSE: SEAS) 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.

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Source Fool.com

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