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3 Stocks to Avoid This Week


My "three stocks to avoid" column finally got back on track this past week. The three names I figured were going to move lower for the week -- Tesla, Sleep Number, and Lucid Group -- finished up 2%, down 10%, and down 9%, respectively, averaging out to a 5.7% decline.

The S&P 500 declined 2.8% for the week, so the stocks I figured would move even lower did exactly that. I was right, pushing my run to being correct in 19 of the past 27 weeks.

This week, I see Tempur Sealy (NYSE: TPX), Tesla (NASDAQ: TSLA), Noodles & Co. (NASDAQ: NDLS) as stocks you may want to consider steering clear of. Let's go over my near-term concerns with all three investments.

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Source Fool.com

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