AEO - 3 Stocks to Avoid This Week
2023-09-05 11:30:00 ET
Wall Street moved nicely higher last week. I thought my three stocks to avoid for that week -- Altria , Affirm , and Tilly's -- were going to lose to the market. They rose 1%, 23%, and 5%, respectively; an average gain of 9.7% for the week.
The S&P 500 moved 2.5% higher. So I was wrong. But I've still been right in 61 of the past 97 weeks, or 63% of the time.
Let's turn our attention to the current week. I see Nvidia (NASDAQ: NVDA) , Affirm (NASDAQ: AFRM) , and American Eagle Outfitters (NYSE: AEO) 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