3 Stocks to Avoid This Week
Happy Valentine's Day. Now let's break some hearts. My three stocks to avoid last week were on the move -- as ExxonMobil, Blue Apron, and Simon Property Group were down 0%, 15%, and 2%, respectively -- averaging out to a 5.7% decline.
It was a rough week to be long the market. The S&P 500 fell 1.8% for the week, so I won this week. The S&P 500 has now outperformed my bearish picks -- meaning that I beat the market, as these are stocks I suggest investors avoid -- in 15 of the past 17 weeks. I'm feeling pretty good about that. This week, I see Bakkt Holdings (NYSE: BKKT), Hilton Worldwide Holdings (NYSE: HLT), and Peloton Group (NASDAQ: PTON) as stocks that you may want to consider steering clear from. Let's go over my near-term concerns.
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Source Fool.com
