SHOP - 3 Stocks to Avoid This Week
Things didn't go according to plan for my " three stocks to avoid " column last week. The three stocks I thought were going to lose to the market for the week -- Twitter , BJ's Restaurants , and Tesla Motors -- rose 6%, 5%, and 13%, respectively, averaging out to an 8% surge.
The S&P 500 experienced a 2.5% bounce, and all three of the investments I figured would fare worse did the exact opposite. I was wrong, but I have been right in 26 of the past 40 weeks.
Where do I go to next? I see Shopify (NYSE: SHOP) , Fat Brands (NASDAQ: FAT) , and Tesla Motors (NASDAQ: TSLA) as stocks you may 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