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 "three stocks to avoid" column last week was a mixed bag. The three stocks I thought were going to move lower for the week -- GameStop, ChargePoint, and Conn's -- finished down 3%, up 8%, and down 17%, respectively, averaging out to a 4% decline.

The S&P 500 experienced a 1.2% slide, and the investments I figured would fare worse did lose to the market. I was right. I have been correct in 23 of the past 33 weeks.

I see Hooker Furnishings (NASDAQ: HOFT), Stitch Fix (NASDAQ: SFIX), and ChargePoint (NYSE: CHPT) as stocks you may want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.

Source Fool.com

Like: 0

HOFT

Share