3 Stocks to Avoid This Week
Wall Street's rally late last week wasn't enough to get it out of the red. I thought my "three stocks to avoid" -- Yeti, Robinhood Markets, and Electronic Arts -- were going to lose to the market in the past week. They slipped 6%, fell 1%, and closed unchanged, respectively. The final result was an average dip of 2.3% for the week.
The S 500 inched 0.3% lower. I was right. I've been correct in 53 of the past 82 weeks, or 65% of the time.
Let's turn our attention to the week ahead. I see (NYSE: CVNA), Despegar.com (NYSE: DESP), and Foot Locker (NYSE: FL) 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
Carvana Co. Stock
Our community is currently high on Carvana Co. with 11 Buy predictions and 6 Sell predictions.
On the other hand, the target price of 124 € is below the current price of 164.14 € for Carvana Co., so the potential is actually -24.45%.