3 Stocks to Avoid This Week
November got off to a rough start last week. The market sputtered, but the same can't be said for the equities that I figured would be in for a week of hurt. The "three stocks to avoid" in my column last week that I thought were going to lose to the market -- Cinemark Holdings (NYSE: CNK), CVS Health (NYSE: CVS), and Noodles & Co. (NASDAQ: NDLS) -- rose 7.6%, climbed 5.7%, and sank 5.2%, respectively, averaging out to a 2.7% ascent.
The S&P 500 experienced a 3.3% move lower. I was wrong. I have still been right in 35 of the past 55 weeks, or 64% of the time.
Now let's look at the week ahead. I see Yeti Holdings (NYSE: YETI), Redfin (NASDAQ: RDFN), and Blink Charging (NASDAQ: BLNK) as stocks you might want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.
Source Fool.com
