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In last week's article on three stocks to avoid , I predicted that Fossil (NASDAQ: FOSL) , Cricut (NASDAQ: CRCT) , , and GameStop (NYSE: GME) would have a rough few days.
The three stocks averaged a 1.3% decline for the week, fueled entirely by Cricut's slide. The S&P 500 rose 0.7%, so I was right for the seventh time in the past eight weeks. Right now, I see Madison Square Garden Sports (NYSE: MSGS) , Carnival (NYSE: CCL) , and GameStop as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.