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3 Stocks to Avoid This Week

TheMotleyFool

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3 Stocks to Avoid This Week: https://g.foolcdn.com/editorial/images/713451/gettycrash.jpg

Wall Street took a step back this week. The "three stocks to avoid" in my column that I thought were going to lose to the market last week -- Lennar, Baozun, and Scholastic -- rose 4%, tumbled 11%, and was unchanged, respectively, averaging out to a 2.3% decline.

The S&P 500 fell again this week, moving 1.8%% move lower. I was barely right. I have been correct in 39 of the past 61 weeks, or 64% of the time.

Let's turn our attention to the week ahead. I see BlackBerry (NYSE: BB), Steelcase (NYSE: SCS), 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

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