EQIX - 3 Stocks to Avoid This Week
2023-10-09 08:30:00 ET
Wall Street bounced back last week. I thought my three stocks to avoid for that week -- RH , Cal-Maine , and Carvana -- were going to lose to the market. They fell 6%, 5%, and 10%, respectively, for an average decline of 7% for the week.
The S&P 500 moved 0.5% higher, so I was right. I have been correct in 64 of the past 102 weeks, or 63% of the time.
Let's turn our attention to the current week. I see Walgreens Boots Alliance (NASDAQ: WBA) , Equinix (NASDAQ: EQIX) , 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.
For further details see:
3 Stocks to Avoid This Week