3 Stocks to Avoid This Week
Last week was a step up investors long the market. The "three stocks to avoid" in my column that I thought were going to lose to the market last week -- Best Buy (NYSE: BBY), Luckin Coffee (OTC: LKNC.Y), and Apple (NASDAQ: AAPL) -- rose 13%, slipped 2%, and fell 12%, respectively, averaging out to a modest 0.3% dip.
The S&P 500 experienced a 1.5% move higher. I was right. I have been correct in 37 of the past 58 weeks, or 64% of the time.
Now let's look at the week ahead. I see Big Lots (NYSE: BIG), Baozun (NASDAQ: BZUN), and Coinbase (NASDAQ: COIN) 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
