CNS - 3 Stocks to Avoid This Week
2023-10-16 08:30:00 ET
Wall Street inched higher last week. I thought my three stocks to avoid for that week -- Walgreens Boots Alliance , Equinix , and Carvana -- were going to lose to the market. They rose 7%, climbed 3%, and fell 10%, respectively, for an average that was flat for the week.
The S&P 500 moved 0.4% higher, so I was right. I have been correct in 65 of the past 103 weeks, or 63% of the time.
Let's turn our attention to the current week. I see Carnival (NYSE: CCL) , Cohen & Steers (NYSE: CNS) , and American Airlines (NASDAQ: AAL) 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