3 Stocks to Avoid This Week
Wall Street had a strong surge last week, and that certainly applied to many of the more speculative names out there. I thought my three stocks to avoid -- , MicroStrategy, and ChargePoint Holdings -- were going to lose to the market in the past week. They soared 33%, 4%, and 6%, respectively. The final result was an average gain of 14% for the week.
The S 500 inched 2.6% higher, so I was wrong. I was really wrong. I've still been right in 55 of the past 87 weeks, or 63% of the time.
Let's turn our attention to the week ahead. I see CarMax (NYSE: KMX), (NYSE: CVNA), and ChargePoint Holdings (NYSE: CHPT) 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 20 Buy predictions and 12 Sell predictions.
With a target price of 140 € there is a slightly positive potential of 14.51% for Carvana Co. compared to the current price of 122.26 €.
