DLTR - 3 Stocks to Avoid This Week
2023-08-21 08:00:00 ET
Wall Street took another hit last week. I thought my three stocks to avoid -- Mattel , Despegar.com , and Tupperware Brands -- were going to lose to the market in the past week. They plummeted 4%, 9%, and 31%, respectively. The final result was an average drop of 14.7% for the week.
The S&P 500 moved 2.1% lower. I was right. I've been correct in 61 of the past 95 weeks, or 64% of the time.
Let's turn our attention to the week ahead. I see Dollar Tree (NASDAQ: DLTR) , Affirm (NASDAQ: AFRM) , and Citi Trends (NASDAQ: CTRN) 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