3 Stocks to Avoid This Week
Wall Street took a cruel step back last week. I thought my three stocks to avoid for that week -- Stitch Fix, Steelcase, and -- were going to lose to the market. They fell 3%, rose 25%, and plunged 20%, respectively, for an average gain of 0.7% for the week.
The S 500 moved 2.9% lower, so I was wrong. I've still been right in 63 of the past 100 weeks, or 63% of the time.
Let's turn our attention to the current week. I see Opendoor Technologies (NASDAQ: OPEN), Nike (NYSE: NKE), and Carvana (NYSE: CVNA) 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 low on Carvana Co. with 4 Buy predictions and 10 Sell predictions.
A target price of 41 € results in a potential of -63.49% which would mean heavy losses compared to the current price of 112.3 € for Carvana Co..