3 Stocks to Avoid This Week
If there was ever a good time to be putting out a weekly column singling out three stocks to avoid, it was last week. The market tumbled, and the pain was felt even more by the battleground stocks I often name. My three stocks to avoid last week were on the move -- as Netflix, Lucid Motors, and United Airlines were down 24%, 11%, and 11%, respectively -- averaging out to a 15.3% decline.
The S&P 500 slipped 5.7% for the week, so I won last week. My bearish picks have now lost to the market in 13 of the past 14 weeks. This week, I see AT&T (NYSE: T), MicroStrategy (NASDAQ: MSTR), and VF (NYSE: VFC), as stocks that you may want to consider steering clear from. Let's go over my reasons for the near-term pessimism.
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Source Fool.com
